China

Japan's SBI Securities, Rakuten Securities plan to offer crypto investment trusts

Japan's SBI Securities and Rakuten Securities are set to launch cryptocurrency investment trusts, aiming to provide retail investors with easier access to digital assets. The trusts will allow investors to gain exposure to cryptocurrencies without directly holding them, catering to the growing interest in crypto investments among the Japanese public. Both companies are leveraging their established financial services to enhance the legitimacy and accessibility of cryptocurrency investments. This move reflects a broader trend in Japan's financial sector to embrace digital currencies and meet increasing demand from investors.

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Bitcoin slides below $79K on macro fears: Can fixed-income outflows save it?

Bitcoin has fallen below $79,000 amid growing macroeconomic concerns, including rising interest rates and inflation fears. Analysts are questioning whether outflows from fixed-income markets could provide support for the cryptocurrency. The decline has raised concerns about Bitcoin's resilience in the face of broader economic challenges. Investors are

SBI, Rakuten, Nomura line up to launch crypto investment trusts: Report

SBI Holdings, Rakuten, and Nomura are reportedly preparing to launch cryptocurrency investment trusts in Japan. These financial giants aim to provide retail investors with easier access to digital assets through regulated investment products. The move comes as interest in cryptocurrencies continues to grow among Japanese investors. The trusts are expected

Here’s what happened in crypto today

Bitcoin's price experienced a slight decline, dropping to around $27,000 amid ongoing market volatility. Ethereum also saw a decrease, trading below $1,600 as investors reacted to regulatory developments. Notably, the U.S. Securities and Exchange Commission (SEC) announced a delay in its decision on several Bitcoin

A Russian stablecoin built to dodge sanctions says it can survive even if they're lifted

A Russian stablecoin, designed to circumvent international sanctions, claims it can remain viable even if those sanctions are lifted. The stablecoin aims to provide a stable digital currency option for users in Russia, facilitating transactions without reliance on traditional financial systems. Its creators argue that the stablecoin's infrastructure

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Bitcoin slides below $79K on macro fears: Can fixed-income outflows save it?

SBI, Rakuten, Nomura line up to launch crypto investment trusts: Report

Here’s what happened in crypto today

A Russian stablecoin built to dodge sanctions says it can survive even if they're lifted