Virtune AB, a Swedish regulated digital asset manager and issuer of crypto exchange-traded products (ETPs), has expanded its crypto offerings…
Finance News & Updates
All the latest Finance News from Blockonomi – Live updates as it happens.
Stock markets are ready for extreme volatility following the weekend crypto sell-off. Roughly $2.2 billion was liquidated from the cryptocurrency…
Bitfinex Securities, a sister company of Tether, plans to launch Blockstream Mining Note 2 (BMN2) in El Salvador in Q1…
TLDR: Bitwise Asset Management has filed an application for a Dogecoin ETF with the SEC, following their registration of a…
TLDR Goldman Sachs CEO David Solomon reaffirms Bitcoin is not a threat to US dollar, calling it a “speculative asset”…
TLDR Trump promises to block any US CBDC development, aligning with his campaign pledge against government control of digital currency…
TLDR Italian lawmaker Marcello Coppo urges banking foundations to invest in Bitcoin, suggesting small allocations from their income Italy’s largest…
TLDR Bank of England launches Digital Pound Lab in 2025 to test CBDC capabilities through hands-on experimentation No final decision…
TLDR Deribit crypto options platform has received acquisition interest and appointed FT Partners as advisor, though CEO Luuk Strijers clarifies…
TLDR Intesa Sanpaolo, Italy’s largest bank, has purchased 11 Bitcoin for €1 million, marking the first direct Bitcoin investment by…
TLDR Sygnum Bank raised $58 million in an oversubscribed Strategic Growth Round, reaching a valuation over $1 billion and achieving…
Global CBDC development is going strong – and proto-digital currencies are being used to “help” some of the most vulnerable…
A recent survey conducted by Bitwise Asset Management and VettaFi has revealed that a slim majority of financial advisors are…
• MANTRA blockchain and DAMAC Group partner to tokenize $1B in assets
• Assets include real estate, hospitality, and data centers
• Launch planned for early 2025
• DAMAC began accepting crypto payments in 2022
• MANTRA received $11M funding for infrastructure expansion
• Bitcoin ETFs saw $582M net outflows on Wednesday – second highest ever
• Ethereum ETFs experienced $159.3M in outflows
• Fidelity’s FBTC led outflows with $258M withdrawn
• Bitcoin price dropped to $92,500 amid macro concerns
• December 2024 saw ETFs purchase 51,500 BTC vs 13,850 BTC mined
• Czech National Bank Governor Aleš Michl discussed Bitcoin as a potential reserve asset
• CNB currently holds 50 tons of gold, plans to increase to 100 tons in 3.5 years
• The governor personally considered buying “a few Bitcoin”
• Final decisions require approval from all 7 board members
• CNB maintains focus on traditional assets: gold, stocks, bonds, and cash deposits
The Swiss Federal Chancellery, the key staff organization for the Swiss government, has greenlit the “Bitcoin Initiative,” a new proposal…
The USD index is at multi-year highs as 2025 begins. In fact – the USD index hasn’t been over 109…
El Salvador has reached a preliminary arrangement with the International Monetary Fund (IMF) on a $1.4 billion loan. Under the…
TLDR First Abu Dhabi Bank (FAB) partners with Libre Capital for blockchain-based lending using tokenized assets as collateral Libre has…
TLDR U.S. national debt has reached $36 trillion as of November 21, 2024 Trump has appointed Elon Musk and Vivek…