Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing
Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds. Go to Source
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Morgan Stanley wealth managers to embrace Blackrock, Fidelity Bitcoin ETFs: Report
Winning over the $3.75 trillion financial advisory firm is a historic milestone for crypto. Go to Source
Can Bitcoin price break out after Bank of England interest rate cut?
This marks the bank’s first interest rate cut in over four years, with the last rate cut occurring in March 2020. Go to Source
Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops
The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers and retailers. The British central bank is developing … Read more
Blackbird Labs launches Web3 platform for restaurant payments
Blackbird Pay is built on the company’s new blockchain network, Blackbird Flynet. Go to Source
Digital euro to be ‘most private electronic payment option’
Since the inception of the digital euro, many critics have called the proposed digital currency a surveillance tool. Go to Source
Exclusive: Franklin Templeton mulls bringing RWAs to Ethereum, user-managed wallets
The asset manager is considering expanding tokenized securities to Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph. Go to Source
JPMorgan Chase unveils generative AI for analyst work
JPMorgan Chase introduces LLM Suite, an AI-driven tool similar to ChatGPT, to boost productivity in its asset and wealth management division. Go to Source
Stock market slump trickles into today’s Bitcoin and altcoin correction
What’s behind the correction in the US stock market and how might it continue to negatively impact cryptocurrencies? Go to Source
DBS Digital Exchange Sees 3-Fold Surge in Trading Value — Custodied Crypto up 80%
DBS, a leading financial services group in Asia, reports a significant increase in the trading value of digital payment tokens on its digital exchange for the first five months of this year. The surge reflects growing institutional interest in digital assets as part of alternative portfolios. “We are studying listing stablecoins on our exchange and … Read more
