Bitcoin trades flat as U.S. Treasury yields surge and government shutdown looms
(Kitco News) - Cryptos traded flat to slightly lower on Tuesday as the U.S. 10-year Treasury hits its highest level since 2007 ahead of a pending government shutdown.
Blockchain-based payments gain traction as governments and corporations embrace the technology
(Kitco News) - Blockchain-based payments continue to gain traction as governments and corporations look to create more efficient payment systems that offer immediate settlement.
Chase U.K. restricts crypto purchases despite JPMorgan's blockchain push
(Kitco News) - Chase Bank U.K. sent a letter to customers informing them that beginning Oct. 16, all cryptocurrency purchases will be declined, citing the risks posed by fraud and scams.
Hong Kong to onboard new central bank partners to mBridge CBDC platform, launch minimum viable product
(Kitco News) - The Hong Kong Monetary Authority is preparing to expand its mBridge central bank digital currency project as the world moves away from transacting with the U.S. dollar.
Bulls rally the troops after Bitcoin briefly dips below $26k
(Kitco News) - Financial markets fell under pressure early on Monday but saw rallies into the U.S. market close that lifted stocks and Bitcoin into the green for the day.
Microsoft crypto plans: leaked documents reveal plans for an Xbox crypto wallet
(Kitco News) - Leaked documents show that Microsoft has plans to integrate a cryptocurrency wallet into the next generation of the Xbox gaming console.
Digital asset funds see 6th week of outflows, but the pace has slowed
(Kitco News) - Listed digital asset investment products continue to experience redemptions, though the pace has slowed, as $9 million was pulled from these funds last week.
MicroStrategy remains bullish on Bitcoin, purchases $147.3 million worth
(Kitco News) - MicroStrategy has purchased another 5,445 BTC for a price of $147.3, showing they remain bullish on Bitcoin despite being underwater in their investment to this point.
Volatile week in crypto ends flat as Bitcoin holds near $26,550
(Kitco News) - A volatile week in the crypto market ended on a quiet note as Friday's price action was subdued with Bitcoin trading near its equilibrium at $26,550.
European crypto asset manager CoinShares expands to U.S. with new hedge fund division
(Kitco News) - European digital asset manager CoinShares launches CoinShares Hedge Fund Solutions, which will make the firm's digital asset offerings available to qualified U.S. investors.
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