BlackRock’s spot BTC ETF IBIT Exceeds Annual Revenue of S&P 500 ETF
BlackRock’s spot Bitcoin ETF, trading under the ticker IBIT, have overtaken BlackRock flagship S&P 500 ETF (IVV) in annual revenue generation. Despite being a fraction of its size in terms of assets under management, IBIT’s surge is pivotal. It indicates an increase in
Grayscale ETF Encounters Indeterminate Postponement as SEC Reevaluates Prior Endorsement
It took just one day for the US Securities and Exchange Commission (SEC) to retract its endorsement for Grayscale Digital Large Cap Fund (GDLC) to transition into an exchange-traded fund (ETF), unintentionally delaying its debut. On July 1, 2025, the SEC released a
Plume Crypto Soars Following Trump’s USD1 Integration: Can the Upsurge Endure?
Plume crypto has increased by 22% over the last 24 hours due to the integration of USD1. This stablecoin, introduced by World Liberty Financial, a Decentralized finance network associated with the Trump family, now boasts a market capitalization exceeding $2.2 billion. The last
XRP Digital currency Set to Exceed $3 as Ripple Seeks Approval for a National Banking License
XRP crypto enthusiasts are setting their sights on $3. Ripple, the creator of the RLUSD stablecoin, has filed an application for a national banking license with the OCC. XRP crypto experienced a significant rise yesterday, finishing over $2.20 and building on gains that
Ripple Submits Application for U.S. Banking License for XRP and RLUSD
Ripple is making significant strides into the realm of conventional finance. The firm associated with XRP has sought a national banking charter in the United States, with the goal of placing its RLUSD stablecoin directly under federal compliance. This is not merely a
Trump Family Connected to More Than $620 Million in Crypto asset, Memecoins, and BTC Assets
The Trump family seems to possess a far more substantial interest in the crypto asset sector than many had understood. Recent findings from Arkham Intelligence indicate that wallets associated with Donald Trump, his son Barron, and various related tokens collectively hodl over $620
Deutsche Bank Aims for 2026 Crypto Custody Launch: Are Major Banks Becoming More Receptive to Web3?
Deutsche Bank has announced the launch of a crypto custody service set for 2026. This initiative will cater specifically to institutional clients, utilizing regulated platforms for the storage and management of digital assets like BTC ▲3.10% and tokenized deposits. In strategic alliance with
Bitcoin ETFs Experience Disrupted Inflow Trend Amid Declining Bitcoin Price
The steady influx into US spot BTC ETFs has suddenly come to a standstill amid a resurgence of pessimistic sentiment and political challenges. On 1 July 2025, the 12 US-listed spot Bitcoin ETFs together experienced $342.25 million in net outflows. This represents the
Judge Rejects Tether’s Motion to Dismiss in $4B BTC Case Against Celsius
Tether, the issuer of USDT, has faced a setback in its multibillion-dollar legal battle with Celsius after a bankruptcy judge in the US ruled that the lawsuit can move forward. The judge rejected Tether’s motion to dismiss allegations that it "unjustly" liquidated Celsius’s
American Bitcoin, spearheaded by Eric Trump, secures $220 million to enhance Bitcoin assets
American BTC, with Eric Trump as a supporter, has raised $220 million to enhance its BTC mining ventures and increase its BTC reserves. As a subsidiary of Hut 8 Block rewards, the firm intends to go public through a merger with Gryphon Digital
