The White House is readying an executive order for release as early as next month that will outline a comprehensive government strategy on cryptocurrencies and ask Federal agencies to determine their risks and opportunities, Bloomberg reported on Friday, citing unnamed sources. Source link … [Read more...] about Biden Administration to Release Executive Order on Crypto as Early as February: Report
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First Mover Asia: Bitcoin, Ether Regain Ground Sunday After Early Weekend Battering
Good morning. Here’s what’s happening:Market moves: Bitcoin was trading at over $36,000 on Sunday after continuing its recent decline earlier in the weekend.Technician's take: BTC is stabilizing on intraday charts, although $30,000 is a more significant level to watch given the decline in long-term momentum.Catch the latest episodes of CoinDesk TV for insightful interviews with … [Read more...] about First Mover Asia: Bitcoin, Ether Regain Ground Sunday After Early Weekend Battering
Grayscale Holds $43B in Crypto Assets Under Management, Down From $60.9B in Early November
AUM in the Grayscale Bitcoin Trust, the firm’s largest holding, has decreased from $43.5 billion to $30.4 billion, a 30% decline during this time. The AUM of its second-biggest holding, the Grayscale Ethereum Trust, declined from almost $15 billion to $11.6 billion, a 22% drop. Source link … [Read more...] about Grayscale Holds $43B in Crypto Assets Under Management, Down From $60.9B in Early November
Banks’ SWIFT Messaging System to Experiment With Tokenized Assets in Early 2022
Global interbank messaging network SWIFT plans to explore how it can support interoperability in the tokenized asset market.SWIFT is planning a series of experiments in the first quarter around improving the exchange of information between the participants and systems that interact during the lifecycle of tokenized assets, according to a Tuesday announcement.The experiments … [Read more...] about Banks’ SWIFT Messaging System to Experiment With Tokenized Assets in Early 2022
Kraken Ventures Raises $65M for Early Stage Crypto Fund
Kraken Ventures said it will invest in financial infrastructure, Web3, decentralized finance (DeFi), consumer crypto protocols, artificial intelligence, and machine learning startups. The fund will target initial investments in the $500,000 - $2 million. Source link … [Read more...] about Kraken Ventures Raises $65M for Early Stage Crypto Fund