BlackRock’s Bitcoin ETF overtakes its Gold ETF in size

Key Takeaways BlackRock’s iShares Bitcoin Trust (IBIT) has exceeded its iShares Gold Trust in assets under management. IBIT reached $33.1 billion, attracting massive capital since its launch in early 2024. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed its Gold ETF counterpart, the iShares Gold Trust (IAU), in assets under management (AUM). IBIT…

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Tether’s investment division finances $45M crude oil trade in Middle East with USDT

Key Takeaways Tether financed its first crude oil transaction using USDT, marking its expansion into trade finance. The transaction was part of Tether’s strategy to streamline global trade flows with its stablecoin. Share this article Tether’s investment division completed its first Middle Eastern crude oil transaction, financing a $45 million deal between a major oil…

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SunPump, $SUNDOG, and Nexmate.AI drive ecosystem growth

Share this article As the meme coin landscape continues to evolve, SunPump has become a crucial platform within the TRON ecosystem, driving engagement and supporting innovative projects. As TRON’s premier meme coin launchpad, SunPump provides creators with a comprehensive environment to launch and grow their meme coins. Through fostering a vibrant community and attracting high-value…

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Hong Kong trials anonymous KYC to enable stablecoin access for Chinese residents

Key Takeaways Flare and Red Date Technology tested a decentralized identity system in Hong Kong allowing anonymous stablecoin access. The trial used China’s RealDID to verify identities without revealing personal information. Share this article Flare and Red Date Technology have launched a new trial of a decentralized identity system in Hong Kong, allowing Mainland Chinese…

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MicroStrategy’s Bitcoin holdings yield over $10B in gains as BTC tops $80K

Key Takeaways MicroStrategy’s Bitcoin holdings have generated over $10 billion in unrealized gains. Bitcoin’s price increase to $80,000 coincided with Trump’s reelection and global monetary adjustments. Share this article MicroStrategy’s Bitcoin holdings have surged to over $20 billion in value, generating more than $10 billion in unrealized gains as Bitcoin’s price topped $80,000 today, according…

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