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Kazakhstan’s central bank revealed plans to allocate up to $350 million from its gold and foreign exchange reserves to investments linked to cryptocurrencies and digital assets.The bank’s governor, Timur Suleimanov, said the institution is developing a list of acceptable investments, which will extend beyond direct cryptocurrency holdings, according to a Reuters report on Friday.The country became a major bitcoin BTC$68,313.30 mining hub after China’s 2021 mining ban pushed operators abroad. In 2025, Astana-based Fonte Capital introduced central Asia’s first spot bitcoin ETF (BETF), offering regulated, physically backed exposure to bitcoin.The investment strategy is expected to include shares of high-tech companies…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto pundit X Finance Bull has drawn attention to Ripple’s new whitepaper, which highlights plans to use XRP for its prime brokerage offering. Ripple also recently announced plans to offer its institutional clients access to XRP derivatives on Coinbase Derivatives. XRP’s Role In Ripple’s New Digital Prime Broker Model In an X post, X Finance Bull stated that XRP isn’t just about payments now, as it is expanding into institutional trading infrastructure under Ripple’s Prime Broker model. He added that payments were just the start for the…
Why Bitcoin suffered a $110 billion wipeout despite its best week of Wall Street news in months
Bitcoin briefly pushed toward $74,000 this week, buoyed by a string of bullish developments that have tied the crypto industry ever closer to traditional finance. Some market observers began calling this a bullish rally, with one analyst even saying that the new run ‘has legs.’Yet the rally didn’t last. By the end of the week, the largest cryptocurrency had slipped back below $69,000, losing $110 billion in market cap.The pullback came despite what might otherwise have been considered one of the most positive stretches of institutional news for the sector in months.Morgan Stanley named Bank of New York Mellon as…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A major narrative that is making serious waves in the entire cryptocurrency sector is the fact that the Bitcoin price may have reached a bottom. In the midst of this persistent speculation about the leading crypto asset, a key metric is taking the spotlight, providing insights regarding whether BTC has reached a bottom. Why Bitcoin May Have Hit A Bottom While the price of Bitcoin has experienced a slight rebound, discussions about whether the flagship crypto asset has hit a bottom are turning in the sector at…
AI is infiltrating every layer of society, finance included. What began as asking ChatGPT about your deepest money worries has rapidly evolved into agents capable of reasoning, executing and coordinating across markets with minimal human intervention.The pace of change at the intersection of AI and finance is daily, not weekly. Goldman Sachs has warned of AI-fueled layoffs, while Citrini Research’s brief job-displacement scare sparked an AI trade, signaling the scale of disruption ahead. As Matt Shumer wrote in ‘Something Big is Happening,’ adaptability may be the only durable advantage, and now is the time to get your financial house in…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 1991.98, down 2.1% (-41.93) since 4 p.m. ET on Thursday.None of the 20 assets are trading higher.Leaders: ICP (-0.2%) and APT (-0.4%).Laggards: AAVE (-4.3%) and SOL (-3.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.#Aave #drops #index #constituents #trade
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Spot Solana ETFs have pulled in roughly $1.45 billion since launching in July even as SOL fell 57% over the same stretch, a combination Bloomberg ETF analyst Eric Balchunas called “about as unlucky timing as you’ll ever see in ETFs.” For crypto markets, the takeaway is not just the headline flow number, but what it may say about the depth and quality of institutional demand. Spot Solana ETFs Beat Bitcoin ETFs Balchunas argued that the resilience of those inflows matters as much as their size. “Solana is…
Cracks in the global private credit market are rattling investors, raising concerns the stress could spill into crypto markets.Bloomberg reported Friday that BlackRock’s $26 billion private credit fund has begun limiting withdrawals amid rising redemption requests. The move follows similar stress at Blue Owl, which sold $1.4 billion in loans last month to meet withdrawals and reportedly has exposure to a collapsed U.K. property lender.Shares of major asset managers including BlackRock (BLK), Apollo Global Management (APO), Ares Management (ARES) and KKR slid 4%-6% Friday, extending their 2026 rout.Read more: Blue Owl liquidity crisis has investors bracing for 2008-style falloutIf redemption…
‘Good Times Are Ahead’ – Trader Michaël van de Poppe Says Bitcoin Bear Phase Is Over – Here Are His Targets
Analyst Michaël van de Poppe says Bitcoin’s bear phase has ended, pointing to a series of higher lows and strengthening technical structure across multiple timeframes. Van de Poppe argues that BTC is consistently printing higher lows, signaling sustained upside momentum for Bitcoin. “The upside on commodities is done. The bear phase for Bitcoin is also done. Good times are ahead… The fact is that we’ve been establishing this range for quite some time. However, with this build-up, I think that we’ll see $75,000-80,000 in March.” Van de Poppe also points to the BTC versus gold chart as further confirmation. BTC…
Binance, via its lawyers, told a U.S. Senate investigation it found no evidence that accounts on its platform transacted directly with Iranian entities, refuting allegations that $1.7 billion in crypto flowed through the exchange to Iran-linked groups.In a March 6 letter responding to inquiries from Sen. Richard Blumenthal’s (D-Conn.) Permanent Subcommittee on Investigations, the largest crypto exchange said an internal review found only indirect exposure to wallets that may have had links to Iran, and that accounts tied to the activity were removed.Binance also attacked the media coverage that prompted the probe, calling reporting by outlets including the New York…