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Barclays Bank’s $131 million stake in BlackRock’s Bitcoin ETF highlights the accelerating institutional shift toward cryptocurrency investments. As traditional financial giants increase their exposure to Bitcoin, the market is witnessing a deeper integration of digital assets into regulated investment strategies.
As regulatory scrutiny in crypto intensifies, Hex Trust’s move to acquire Byte Trading highlights its push to provide institutional-grade financial services. With new capital from Morgan Creek Digital, the firm is doubling down on its expansion strategy.
While many have viewed Bitcoin as an asset to stash away, emerging Layer-2 solutions are beginning to unlock its hidden potential. By merging advanced programmability with Bitcoin’s robust security, these networks could steer the largest cryptocurrency toward a new era of decentralized finance.
The bill sets specific criteria for digital asset investments, limiting them to cryptocurrencies with a market capitalization exceeding $750 billion.
Grayscale aims to stake Ether within its Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH).
Quick Take Argentinian lawyers, alongside the former head of the country’s Central Bank, charged President Javier Milei with fraud over his involvement with the $LIBRA token project, which collapsed 95% from its peak. Hayden Davis, an advisor to the project, accused Milei of sparking the crash by withdrawing his support, though the token had already lost significant value by that time.
- 02:40FIFA to launch cryptocurrencyPANews reported on March 9 that according to Crypto.news, Gianni Infantino, president of the International Football Federation (FIFA), said that the organization may develop its own cryptocurrency token. Infantino expressed FIFA's interest in creating digital tokens to interact with global fans when he attended President Trump's White House Cryptocurrency Summit on March 7. "FIFA is very interested in developing FIFA tokens, starting here, starting in the United States, to conquer 5 billion football fans around the world." "If anyone here is interested in working with FIFA, we are here, together with the United States of America, we will conquer the football world with FIFA tokens." Despite the lack of specific details or timelines, the statement hinted that FIFA is exploring blockchain technology as a potential way to attract fans and generate revenue. Trump responded: "The value of this coin may eventually exceed FIFA. In fact, it may be a very valuable token." The statement came as FIFA was preparing for the 2026 World Cup, when the United States, Canada and Mexico will co-host the World Cup. After the summit, a cryptocurrency called "FIFA" surged. The price of the token increased by 357,000% in a single day, reaching a market value of about $8.2 million. However, the token has no connection with FIFA.
- 02:38Derivatives trading protocol MYX Finance completes $5 million strategic round of financing, with participation from FL Foundation and othersAccording to ChainCatcher, the derivatives trading protocol MYX Finance announced today that it has completed a strategic round of financing. This round of financing was participated in by leading institutions such as FL Foudation, Woyong, D11-Labs, HashKey Capital, and Metalpha. Among them, D11-Labs, HashKey Capital and other institutions have previously participated in the seed round of financing of MYX Finance. This round of financing will accelerate MYX Finance's vision of creating a "chain abstraction liquidity layer", thereby solving the two major problems of DEX "liquidity" and "ease of use", while providing users with CEX-level trading experience, retaining the composability and scenario innovation potential of DEX. In November 2023, MYX Finance has completed a seed round of financing with a valuation of US$50 million led by HongShan (Sequoia China). It is reported that MYX Finance will conduct TGE in the first quarter of this year. At present, the project has launched the Pre-TGE Pioneer Reward multiple tasks on Galxe. Community users can share 200,000 MYX tokens by completing social media group tasks, trading tasks, MLP purchase tasks, etc.
- 02:23Mark Cuban: Federal spending cuts could trigger an economic downturnMark Cuban recently expressed concerns about the U.S. economic outlook, warning that significant cuts in federal government spending could trigger a chain reaction that may ultimately lead to an economic recession.