A New Era? How Tokenization Could ‘Reduce Frictions And Potentially Costs’ In Finance
Interest in blockchain technology from large institutions like BlackRock and PayPal continues to grow, setting the stage for what may be a transformative shift in finance. In a recent interview ahead of the Benzinga Future of Digital Assets event, Sandra Ro, CEO of the Global Blockchain Business Council, offered...
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Solana, Ripple, Litecoin ETFs May Be On The Table Under Trump Administration, Industry Experts Say
The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump‘s election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and...
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Bitcoin Hacker Sentenced To 5 Years For Laundering Billions In Crypto Theft
In one of the most significant cryptocurrency crime cases to date, Ilya Lichtenstein, who orchestrated the theft of 120,000 bitcoin from Bitfinex in 2016, was sentenced to five years in prison. The stolen Bitcoin (CRYPTO: BTC), worth $71 million at the time, is now valued at over $7.6 billion....
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Test0.8068580898849366: Cardano’s Price Increased More Than 22% Within 24 hours
Over the past 24 hours, Cardano’s (CRYPTO: ADA) price rose 22.74% to $0.67. This continues its positive trend over the past week where it has experienced a 48.0% gain, moving from $0.44 to its current price. As it stands right now, the coin’s all-time high is $3.09. The chart...
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Goldman Sachs Expands Bitcoin ETF Holdings To $710 Million
Goldman Sachs (NYSE:GS) has dramatically increased its exposure to Bitcoin (CRYPTO: BTC) ETFs, according to its latest 13F filing with the U.S. Securities and Exchange Commission (SEC), reflecting growing institutional interest in digital assets. What Happened: The Wall Street powerhouse disclosed $710 million invested across multiple Bitcoin exchange-traded funds...
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Test0.3443611403219218: XRP’s Price Increased More Than 28% Within 24 hours
XRP’s (CRYPTO: XRP) price has increased 28.1% over the past 24 hours to $0.90. Over the past week, XRP has experienced an uptick of over 59.0%, moving from $0.55 to its current price. As it stands right now, the coin’s all-time high is $3.40. The chart below compares the...
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VanEck CEO Boldly Predicts Bitcoin At $300K Per Coin, Reaching Half Of Gold’s Market Cap In The Face Of Growing Demand
VanEck CEO Jan van Eck has made waves with a bold forecast: Bitcoin could skyrocket to $300,000 within five to 10 years. This optimistic projection rests on Bitcoin’s ability to capture a substantial share of the gold market – a market long valued as a hedge against inflation. Don’t...
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UK Prepares Crypto Plan As Trump’s Pro-Bitcoin Stance Lures Startups To The US
According to the latest reports, the British government is moving to establish its regulatory approach for the cryptocurrency sector to maintain the country’s attractiveness as a destination for crypto businesses. This initiative follows the election victory of Donald Trump in the United States, a development that has stirred enthusiasm...
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Private Or Public? Financial Institutions Debate Control In The Blockchain Era
As blockchain technology gains ground in finance, many traditional institutions use it to streamline transactions and automate back-office processes. Robert Leshner, CEO and co-founder of Superstate, recently shared his perspective on how this trend unfolds, speaking ahead of his appearance at the Benzinga Future of Digital Assets event. Private...
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BitFuFu Posts Double-Digit Third Quarter Revenue Growth In A Challenging Market
Despite rising costs to mine Bitcoin, BitFuFu (NASDAQ:FUFU), the digital asset mining company based in Singapore, achieved double-digit growth in the third quarter. The company reported revenue of $90.3 million for the third quarter of 2024, a 47.5% increase year-over-year, and achieved adjusted EBITDA of $5.8 million. This quarter...
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