News Bytes

Survey Says 76% of US Investors Plan to Boost Crypto ETF Holdings in Coming Year

Survey Says 76% of US Investors Plan to Boost Crypto ETF Holdings in Coming Year

Financial services firm Brown Brothers Harriman (BBH) published the results of its 2025 Global ETF Investor Survey on Monday and the data shows more than three-quarters of Americans “expect to increase their investment in cryptocurrency-focused ETFs over the next 12 months.” Demand for crypto exchange-traded funds (ETFs) appears to be highest in Asia at 80% […]

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Bitlayer Integrates BitVM Bridge With Xverse Wallet to Advance Bitcoin DeFi

Bitlayer Integrates BitVM Bridge With Xverse Wallet to Advance Bitcoin DeFi

Bitlayer has announced the integration of the BitVM Bridge with Xverse Wallet, a bitcoin wallet that supports customizable Bitcoin testnet configurations. This collaboration allows users to access the trust-minimized BitVM Bridge seamlessly through the Xverse Wallet, enhancing the adoption of BitVM technology in the Bitcoin decentralized finance (DeFi) space. As a member of the BitVM

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Netflix’s The Seven Deadly Sins NFT Collection Launches in Partnership With Sony

Netflix’s The Seven Deadly Sins NFT Collection Launches in Partnership With Sony

Sony is expanding its Web3 strategy by partnering with Yoake to launch officially licensed digital collectibles from one of Netflix’s top-performing anime series, The Seven Deadly Sins, which has sold over 55 million copies worldwide. This collaboration marks the first mainstream anime intellectual property to utilize Sony’s blockchain infrastructure through its platform, Soneium. The initial

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Geopolitical Shifts May Be Leading US to Establish Strategic Bitcoin Reserve and Boost Gold Holdings

Geopolitical Shifts May Be Leading US to Establish Strategic Bitcoin Reserve and Boost Gold Holdings

Matthew Pines, Executive Director at the Bitcoin Policy Institute, has addressed concerns about the fracturing global financial system and the reliability of U.S. Federal Reserve dollar swap lines. He notes that European banks are heavily reliant on dollar funding, with 17% of their financing in dollars, and highlights a shift in the U.S. Treasury market,

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Cassava Technologies and Nvidia Join Forces to Establish Africa’s ‘First’ AI Factory

Cassava Technologies and Nvidia Join Forces to Establish Africa’s ‘First’ AI Factory

Cassava Technologies, founded by Zimbabwean telecom tycoon Strive Masiyiwa, is collaborating with Nvidia to establish Africa’s first AI factory. Nvidia’s advanced computing and AI software will be deployed at Cassava’s South African data centers by June 2025, with plans to expand to Egypt, Kenya, Morocco, and Nigeria. This initiative aims to equip African businesses and

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Federal Revenue Agents Might Seize Bitcoin From Travelers in Brazil

Federal Revenue Agents Might Seize Bitcoin From Travelers in Brazil

Mario De Marco, Anderson Leme, and Rodrigo Quaresma, Federal Revenue agents, talked about the possibility of seizing bitcoin from travelers in Brazil. During a podcast, the agents clarified that they could confiscate digital assets from travelers only if there is a pending investigation involving these bitcoin. Leme stated that the current regulation did not mention

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Metaplanet Crosses 50B Yen in Traded Value

Metaplanet Crosses 50B Yen in Traded Value

Japanese hotel developer and bitcoin treasury firm Metaplanet has topped ¥50 billion ($332.6 million) in traded value on the Tokyo Stock Exchange, surpassing Toyota, the world’s largest car manufacturer, according to a post by the company’s CEO Simon Gerovich on Monday. Traded value refers to the dollar value of a stock’s total trade volume. Gerovich

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Tether Ranks Seventh Among Top US Treasuries Buyers in 2024

Tether Ranks Seventh Among Top US Treasuries Buyers in 2024

Tether, the largest stablecoin company in the cryptocurrency space, has become one of the largest buyers of U.S. treasuries as a way of backing the value of the over 140 billion USDT issued. According to data posted by Tether CEO Paolo Ardoino, the company purchased over $33 billion in treasuries in 2024, only falling behind

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Utila Secures  Million to Enhance Digital Asset Operations With Stablecoins and MPC Wallets

Utila Secures $18 Million to Enhance Digital Asset Operations With Stablecoins and MPC Wallets

Utila has announced the successful completion of an $18 million Series A funding round, led by Nyca Partners, to enhance its institutional digital asset operations platform. The company, which has processed $35 billion in digital asset transactions over the past 18 months, aims to scale its global operations and expand research and development efforts with

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Turkish Lira Hits Record Low Against the Dollar Amid Arrest of Opposition Leader

Turkish Lira Hits Record Low Against the Dollar Amid Arrest of Opposition Leader

The Turkish lira has fallen to a record low against the U.S. dollar, trading at 40.96 before recovering slightly to 38.74, following the surprise arrest of Istanbul Mayor Ekrem Imamoglu. The country’s benchmark stock index, the BIST 100, dropped by as much as 7% in response to the news, which has raised concerns about political

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