Brazilian Stock Exchange B3 Reportedly Launching Bitcoin Options, ETH and SOL Futures

Brazilian stock exchange B3 is set to expand its cryptocurrency offerings with the introduction of bitcoin (BTC) options and futures contracts for ether (ETH) and solana (SOL). The expanded offerings are set to come sometime this year, the exchange’s CEO Gilson Finkelsztain told local media. Bitcoin futures contracts were added to the exchange in April […]

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Why Is Ether Down Today? Market Fears and Growing Supply Help Fuel 5% Slide

Ether (ETH) has fallen more than 5.1% over the past 24-hour period to below $2,600, while bitcoin (BTC) is down around 2.9% over the same period to $95,700. The largest altcoin’s price performance has pushed down the CoinDesk 20 Index by nearly 4% over the period amid a market downturn that also affected equities markets

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As One State Gets Closer on a Crypto Reserve, Others Jump Into the Fray

As Utah became the first state to get a bill through a legislative chamber that would allow the investment of public money into crypto assets, lawmakers in two other states joined the hunt this week: Kentucky and Maryland. Though broadly identified with the Republican-led charge toward a so-called “bitcoin strategic reserve” at the federal level,

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Decentralized AI Opportunity Is ‘Bigger than Bitcoin,’ Says DCG’s Barry Silbert

Crypto investment magnate Barry Silbert is betting big on decentralized AI, calling it “the next big era of crypto” that could be bigger than even bitcoin. In a letter to shareholders of his crypto conglomerate Digital Currency Group, Silbert went long on deAI: the crypto industry’s effort to fuse AI innovations with blockchain tech. He

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Democratized, Depoliticized and Decentralized AI, by the People, for the People

We are entering a new epoch where the ability to use and to work with artificial and synthetic intelligence is a human right. Access to intelligence – the prerogative to innovate, work with, and benefit from higher levels of synthetic intelligence – belongs to the people. Building on increasingly inexpensive compute, abundant data, and low-cost,

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Startup Founded by Citi Alumni to Launch XRP-Backed Securities

Receipts Depositary Corp. (RDC), a start-up founded by a group of former Citigroup executives, is planning to launch XRP-backed securities, according to people familiar with the matter. This will give institutions access to XRP (XRP) securities through U.S. regulated market infrastructure. The company will offer depositary receipts similar to the American depositary receipts (ADRs) that

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RWA Tokenization Is Going to Trillions Much Faster Than You Think

What if I told you that the experts are wrong? Over the years several prestigious consulting firms and financial institutions have put out forecasts about the growth of tokenization by the end of the decade. It’s interesting how between all that “expertise,” their ranges vary between $2 trillion (McKinsey) and $16 trillion (BCG). Fourteen trillion

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Weekly Recap: Crypto Debanking in the Spotlight

It was a busy week in crypto featuring important product launches, fevered debate around Ethereum, movement on stablecoin legislation, and high-profile Congressional hearings on “debanking.” David Sacks, the Crypto and AI Czar, held a high-profile press conference with Senate leadership, as Senator Hagerty, of Tennessee, introduced a new stablecoin bill. The proposal, which outlines an

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U.S. Regulator Pursuing Tokenization Pilot to Tap Stablecoins as Collateral

Caroline Pham, who is running the U.S. Commodity Futures Trading Commission on an acting basis, is pursuing a stablecoin-backed tokenization pilot program, and an upcoming summit will include the heads of Coinbase, Ripple, Circle, Crypto.com and other digital assets firms. Pham had suggested the idea for a so-called regulatory sandbox on tokenization through her advisory

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Ether May Be Ready for a Bull Run as Price Action Mirrors August Bottom

Ether’s (ETH) price action is mirroring a pattern seen during the early August bottom, hinting at a renewed bull run ahead. Ether has faced a steep decline of 32%, dropping to $2,770 since mid-December and has lagged significantly behind its larger rival, bitcoin (BTC). The volatility reached new heights on Monday when prices plummeted to

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