Finance - BE UPDATED

Crypto’s Fairshake Notches Latest Wins in Florida Congressional Races

By admin April 2, 2025FinanceNo Comments

The crypto industry's primary political action committee, Fairshake, flooded support to Republican candidates in the U.S. House of Representatives special elections this week in Florida that aimed to fill vacant…

SMBC, Ava Labs, Fireblocks sign MoU for stablecoin framework in Japan

By admin April 2, 2025FinanceNo Comments

Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and…

A Critical Direct Bridge Between Crypto and TradFi

By admin April 2, 2025FinanceNo Comments

Digital assets have grown into a multi-trillion-dollar market, yet they remain largely disconnected from traditional finance. Institutional investors increasingly want to own and monetize digital assets, but most banks, broker-dealers…

7-Eleven Begins Accepting Bank of Korea’s Digital Currency in CBDC Trial

By admin April 2, 2025FinanceNo Comments

South Korea's 7-Eleven stores are now accepting the Bank of Korea’s central bank digital currency (CBDC) as part of a limited-time test that runs through June.The company is participating in…

Ripple Adds RLUSD Stablecoin to Cross-Border Payments System as Demand Exceeds Expectations

By admin April 2, 2025FinanceNo Comments

Ripple, an enterprise-focused blockchain service closely tied to the XRP Ledger (XRP), said on Wednesday it has integrated its stablecoin to the company's cross-border payments system to boost adoption for…

Bitcoin breaks $86K as US tariff ‘Liberation Day’ risks 11% BTC price dip

By admin April 2, 2025FinanceNo Comments

Bitcoin (BTC) reached new April highs at the April 2 Wall Street open as markets braced for US “Liberation Day.”BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin teases breakout in US tariff countdownData…

What could go wrong and what could go right?

By admin April 2, 2025FinanceNo Comments

Opinion by: James Strudwick, executive director, Starknet FoundationThe outlook surrounding the use of new technologies has shifted in Washington. Tesla CEO and presidential adviser Elon Musk’s proposition to incorporate blockchain…

Bitcoin (BTC) Adoption Could Grow Further if China Follows U.S. Crypto Embrace

By admin April 2, 2025FinanceNo Comments

The Trump administration's formation of a U.S. Strategic Bitcoin Reserve might have China re-thinking its hardline stance against crypto and that could be key for accelerated global adoption of BTC,…

New FTX EU Owners Backpack Initiates Customer Claims Process

By admin April 2, 2025FinanceNo Comments

Crypto trading firm Backpack, which bought the European arm of bankrupt exchange FTX, has begun the process for customers to claim their funds.Backpack, which purchased FTX EU for $32.7 million…

Grayscale launches two new Bitcoin outcome-oriented products

By admin April 2, 2025FinanceNo Comments

Major cryptocurrency asset manager Grayscale Investments announced two new Bitcoin outcome-oriented exchange-traded funds (ETFs).According to an April 2 announcement, the new products are the Grayscale Bitcoin Covered Call ETF (BTCC)…