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News
Nasdaq Bets $100 Million on Kraken Parent for Tokenized Stocks – Bitbo
4+ day, 1+ hour ago (227+ words) Nasdaq said on Thursday that its venture arm has agreed to invest $100 million in Payward, the parent company of cryptocurrency exchange Kraken. The money extends a partnership the two firms announced in March, when Nasdaq said it would work with…...
Visa: 160 Stablecoin Card Programs Live, Volume Up 200% – Bitbo
6+ day, 9+ hour ago (364+ words) Visa says stablecoin-linked cards have turned into one of the fastest-growing corners of its network, with more than 160 programs live around the world during its fiscal second quarter. Payment volume across those programs grew nearly 200% year over year, and stablecoin…...
600 Bitcoin Mined in 2010 Moves After 16 Years of Silence – Bitbo
1+ week, 1+ day ago (264+ words) Bitcoin mined in March 2010 has moved for the first time in more than 16 years, briefly reviving speculation about a link to Satoshi Nakamoto. Twelve addresses holding a combined 600 BTC, worth about $48 million, sent the coins on Saturday after leaving them…...
UK's Biggest Retail Platform Now Sells Bitcoin ETNs
1+ week, 1+ day ago (222+ words) Hargreaves Lansdown, the U.K.’s largest retail investment platform, has begun selling nine bitcoin and ether exchange-traded notes to its two million clients. Annual fees run from 0% to 0.35%. The Bristol-based firm, which oversees more than $200 billion in assets, said the rule…...
Pantera's Morehead Calls Bessent Bond Buyback a 'Bluff' – Bitbo
1+ week, 5+ day ago (312+ words) Pantera Capital founder Dan Morehead said the US Treasury’s expanded bond buyback plan backfired, and that bitcoin’s 26% August rally was a direct result. Speaking on Bloomberg Crypto, Morehead argued investors saw through Treasury Secretary Scott Bessent’s move almost immediately. On…...
Sberbank Forecasts $46B in Russian Crypto Trading Volume – Bitbo
2+ week, 8+ hour ago (234+ words) Sberbank, Russia’s largest bank, expects the country’s crypto exchange trading volume to reach 4 trillion rubles—roughly $46.4 billion—in the first year after new legislation takes effect on September 1. Deputy chairman Anatoly Popov told state news agency TASS that volume could…...
Tether's $120M Bitcoin Mining Venture in Uruguay Falls Apart
3+ week, 14+ hour ago (330+ words) Tether’s plan to build a bitcoin mining foothold in Uruguay has unraveled after a disagreement with the country’s state-run power utility over electricity supply, according to a Reuters investigation. The stablecoin issuer invested roughly $120 million across two mining sites in…...
Fed Study: Bitcoin Beliefs Drive Buying More Than Demographics – Bitbo
3+ week, 1+ day ago (436+ words) A new working paper from the Federal Reserve Bank of Cleveland finds that what Americans believe about bitcoin’s future returns matters far more than their demographics in determining whether they buy it. The study, titled “Do You Even Crypto, Bro?,…...
Trump Tells Crypto Leaders US Is 'Leading by a Lot' in AI
3+ week, 4+ day ago (255+ words) President Donald Trump hosted cryptocurrency executives and financial regulators at the White House on Wednesday, declaring that the U.S. is “leading by a lot” in both digital assets and artificial intelligence. Representatives from Coinbase, Ripple, and Nasdaq attended the meeting in…...
Treasury Doubles Long-End Debt Buybacks to Calm Bond Market – Bitbo
3+ week, 5+ day ago (298+ words) The U.S. Treasury Department announced Wednesday it will more than double the size of its government debt repurchase operations, targeting the longer-duration segment of the bond market where yields have surged to levels not seen in nearly 20 years. The move, led…...