Institutions using Bitcoin to support pension funds, adding BTC to loans

[ad_1] Newmarket Capital has completed a loan that combines traditional real estate financing with Bitcoin collateral, introducing a novel approach to lending reported on CNBC’s “Squawk Box” on Nov. 22. The loan... Read more »

Ethereum ecosystem treasuries top $22 billion, with resources poised to support network’s future growth

[ad_1] The Ethereum Foundation (EF), a nonprofit supporting Ethereum’s blockchain ecosystem, has released its 2024 annual report detailing financial updates, treasury holdings, and recent policy initiatives. The report highlighted the organization’s budget... Read more »

China launches ¥500 billion funding scheme to support stock market

[ad_1] Key Takeaways China’s central bank has launched a ¥500B scheme to support the stock market. Financial institutions can use various assets as collateral under the new funding scheme. Share this article... Read more »

Monero declines 5%, Kraken discontinues support in EEA amid regulatory demands

[ad_1] Kraken has announced its decision to end support for Monero (XMR) in the European Economic Area (EEA) by the end of October, according to an Oct. 1 statement. The exchange explained... Read more »

Russia plans to set up crypto exchanges to support global trade

[ad_1] Key Takeaways Russia plans to establish crypto exchanges in Moscow and St Petersburg to support international trade. The exchanges will use stablecoins linked to the Chinese yuan and BRICS currencies to... Read more »

Trump reiterates support for Bitcoin during livestream with Adin Ross

[ad_1] Republican presidential nominee Donald Trump reiterated his support for Bitcoin and crypto during an interview with popular live streamer Adin Ross on Aug. 5. The former President reaffirmed statements made during... Read more »

Jefferies believes Trump’s ‘overt’ support for Bitcoin will benefit crypto stocks, gold miners

[ad_1] Wall Street investment bank Jefferies analysts believe former President Donald Trump’s “overt support” for Bitcoin and crypto, combined with anticipated higher inflation, larger fiscal deficits, and political pressure on the Federal... Read more »

George Latimer defeats anti-crypto Jamaal Bowman in NY primary with crypto PAC support

[ad_1] Share this article US Representative Jamaal Bowman, one of the anti-crypto Congressmen who voted against the FIT 21 bill, lost to Democratic George Latimer in the New York primary, according to... Read more »

Circle expands support for Solana as it becomes top network for cross-border payments

[ad_1] Circle is expanding its Web3 Services and Tools suite to Solana to enhance USDC’s accessibility for developers and enterprises, ensuring easy integration into various applications. The move comes after an AllianceBernstein... Read more »