Osprey Funds to convert Bitcoin Trust into ETF as Bitwise acquisition talks end

As a crypto investor, I’m eagerly watching the developments unfold as U.S.-based Osprey Funds prepares to transform their Bitcoin trust into an exchange-traded fund (ETF), following the collapse of the acquisition agreement with Bitwise. This potential shift could bring more institutional participation and liquidity to the crypto market. The investment company declared on January 14th … Read more

Bitcoin ETFs continue to see outflows while Ether ETFs rebound

On January 14th, Bitcoin-related exchange-traded funds based in the U.S. experienced their fourth straight day of withdrawals, whereas Ethereum ETFs saw an increase in investments. Based on figures provided by SoSoValue, Bitcoin ETFs saw a total of $209.82 million leaving them on Tuesday, making it the fourth consecutive day of withdrawals. Over $1.2 billion has … Read more

Latin America’s Nubank launches 4% annual USDC rewards for stablecoin holders

The Brazilian digital bank Nubank introduces a 4% yearly return on U.S. Dollar Coin (USDC) savings, extending this benefit to all cryptocurrency wallet account holders. In simple terms, the leading digital bank across Latin America, serving over 85 million customers in Brazil and approximately 6 million customers between Mexico and Colombia, has recently introduced a … Read more

World Liberty Financial reallocates assets ahead of Trump’s inauguration

Could a strategic shift in assets prior to Donald Trump’s inauguration on January 20th potentially draw in more attention and bolster WLFI’s standing within the Decentralized Finance (DeFi) market? In a recent response to questions about their cryptocurrency dealings, the World Liberty Financial (WLFI) initiative – a decentralized finance project that has garnered support from … Read more

Solana dominates as preferred blockchain for 70% of AI agents, Franklin Templeton report reveals

AI-assistants are increasingly choosing Solana over other platforms due to its seamless scalability and cost efficiency. As an analyst, I’ve recently observed a significant trend in the AI landscape: approximately 70% of AI-driven virtual assistants, or AI agents as they are often called, have opted to function on the Solana (SOL) blockchain. The primary reason … Read more