Why Switzerland’s first genuine spot bitcoin ETF could soon attract overseas banks and brokers
SIX Swiss Exchange confirms international access, while FINMA explains why it approved the fund and whether ether and solana ETFs could follow. Source:CoinDesk
Brazilian companies turned to stablecoins on election day to dodge a currency crash
USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance’s USDT/BRL market tripled while the global BTC/USDT…
‘When do I sell my stocks?’ Ignore the noise and focus on these things.
Before you sell, ask whether a rising or falling stock price actually represents a change in the company’s business prospects Source:MarketWatch
Tom Lee's Bitmine favors share buybacks to ether purchases as crypto declines
The Ethereum treasury firm spent $46 million buying back shares as Chairman Tom Lee said crypto has held up better than AI stocks during the recent market…
Cardano Foundation urges EU against expanding MiCA rules to DeFi and staking
The foundation called for regulation based on financial risks rather than technology, warning that overlapping rules could create uncertainty for crypto…
How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal
The startup is retiring its own blockchain and moving to Sui with a $30 million investment as it narrows its focus to AI training data. Source:CoinDesk
Tether leads $15 million funding round for AI-focused payment startup Mural
The Series A round, which included participation from North Island Ventures and existing investors, brings New Yorkbased Mural's total funding to $28 million.…
Bitcoin ETFs just saw their biggest day in a month thanks entirely to BlackRock
Fidelity's FBTC and Grayscale's GBTC saw outflows of $83.6 million and $54.9 million, respectively. Source:CoinDesk
Deutsche Bank targets Asia crypto custody expansion in 2027 as German launch nears
The service will initially support bitcoin, ether and the stablecoins USDC, EURC and EURAU, with the bank managing clients’ wallets and private keys.…
Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients
The bank manages custody and settlement inhouse via a closedloop model, removing the need for separate crypto wallets. Source:CoinDesk
Federated Hermes joins Wall Street's tokenization push with plans for first onchain fund shares
The $911 billion Pittsburghbased asset manager is teaming up with Prometheum to bring blockchainbased share classes of its funds to traditional brokerage…
Russia’s largest bank Sberbank secures approval to trade crypto
Sberbank plans to open crypto trading to all clients Dec. 1 and is already testing BTC, ETH and USDT trades in its app. Source:CoinDesk