Goldman Sachs reported over $2 billion in crypto exposure through Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETF) as of Dec. 31, according to its latest 13F form. According to its 13F form, the lender had a $1.56 billion exposure to Bitcoin at the end of the fourth quarter of 2024, over 2x higher than the $710 million reported in the previous quarter.The filing with the US Securities and Exchange Commission detailed over $1.2 billion in BTC exposure through BlackRock’s IBIT, $3.6 million via Grayscale’s GBTC, and $288 million via Fidelity’s FBTC.Moreover, the 13F form revealed $760 million in options trading…
Author: cryphedge
The approval marks a significant step for Gemini which has picked Malta as its EU hub for its MiCA application Gemini will be able to offer customers perpetual futures contracts and options throughout the EU and the EEA A growing number of crypto platforms are expanding their services to Europe Crypto exchange Gemini has been granted in-principle approval for an investment firm license from Malta’s financial regulator. In a blog post, Mark Jennings, Gemini’s head of Europe, announced the news on February 11. The step marks a significant moment for the crypto exchange which has picked Malta as its EU…
The cryptocurrency market continues to evolve at lightning speed, with new projects and developments happening daily. As we enter February 2025, some of the top-performing assets are already showing strong potential for massive growth. If you’re looking to make the right investments today, three cryptocurrencies stand out: Qubetics (TICS), Stellar (XLM), and Celestia (CEL). All three have shown great promise recently and are positioned to bring substantial gains in the coming months. 1. Qubetics ($TICS) Qubetics is a blockchain project that focuses on solving some of the most significant pain points in the crypto industry today. With the rise of…
Ripple has partnered with Portuguese currency exchange provider Unicâmbio to introduce its blockchain-powered payments solution in Portugal, enabling faster and more cost-effective cross-border transactions with Brazil. Expanding Ripple Payments to Portugal Announced on February 10, 2025, the collaboration between Ripple and leading Portuguese currency exchange service Unicâmbio aims to facilitate seamless and cost-effective transactions between Portugal and Brazil. This marks Ripple’s first entry into the Portuguese market, reinforcing its broader strategy to enhance financial connectivity between the two nations. Through Ripple Payments, Unicâmbio’s corporate clients can transfer funds rapidly with reduced processing delays and lower transaction costs. The official announcement…
Federal Reserve Chair Jerome Powell confirmed that the US will never have a central bank digital currency (CBDC) while he leads the central bank.Powell made the statement on Feb. 11 while speaking at the “Semiannual Monetary Policy Report to Congress.” His comments were in response to Senator Bernie Moreno’s concerns that the US could “look like China” and potentially issue a CBDC.Following Powell’s confirmation, Senator Moreno stated:“Thank you for that. I think it is extremely important, it makes me very happy to hear you say that.”Notably, President Donald Trump signed an executive order on Jan. 23 that prohibits federal agencies from…
Amid the ongoing market uncertainty, Litecoin (LTC) is gaining significant attention from crypto enthusiasts due to its impressive performance in recent days. While examining current market trends and asset outlooks, a prominent crypto expert posted on X (formerly Twitter) and made a bold prediction for LTC.Litecoin Price Prediction In a post on X, the expert noted that Litecoin is gaining momentum but is currently moving within a consolidation zone between $96.50 and $140. A breakout from this range, followed by a daily candle closing above the $141 level, could pave the way for a rally toward $170 and $200.Besides experts’ LTC…
Several assets in the market were seen recording a notable uptick. Meme coins, in particular, were pocketing significant gains. While prominent ones like Shiba Inu (SHIB) were falling behind, Pepe Coin (PEPE) was rising without a stop. The fairly new cryptocurrency made an entry into the meme coin market and stood out in the canine-themed crowd. But can the frog-themed meme coin rise through the odds and hit a new peak in February?Also Read: How Much Bitcoin (BTC) Does Michael Saylor’s Strategy Hold?Decoding PEPE’s 7% SurgeSource: NewsBTCDuring the time of writing, PEPE was trading at $0.00001027. This rise comes after…
Since last week, the pioneer cryptocurrency BTC has showcased low volatility as its price seeks support at the $95,000 floor. The consolidation displays several neutral candles in the daily chart, indicating no clear initiation from buyers to sellers. However, the state of Bitcoin mining operations highlights an ideal buy opportunity for investors in the mid-term and long-term. According to CoinGecko data, the BTC price currently trades at $96,434, with an intraday loss of 1.06%. Meanwhile, the asset’s market cap is at $1.913 Trillion Key Highlights: Since mid-December 2024, the Bitcoin price has been consolidated strictly between two horizontal levels of…
Oxalis Games has confirmed that Moonfrost, their life simulation farming RPG, will enter early access in Spring 2025.The game will be available for PC on both Windows and Mac, and players will no longer need an alpha code to participate. This announcement comes alongside the decision to cancel Alpha Release 6 (AR6), opting instead to extend the availability of Alpha Release 5 (AR5) to allow players more time with the current version.This change reflects feedback from the community, and players will be able to continue exploring AR5 through February 2025 before the public early access launch. The transition also includes…
Gemini has secured in-principle approval from Malta’s financial regulator for an investment firm license, marking a significant step in its European expansion, according to a Feb. 11 statement shared with CryptoSlate.This Malta Financial Services Authority (MFSA) approval moves the exchange closer to offering regulated crypto services across the European Economic Area (EEA).European expansionThis regulatory milestone aligns with Gemini’s broader strategy to establish a stronger European foothold.The exchange plans to use Malta as its primary base for its Markets in Crypto-Assets (MiCA) application. A full MiCA license would allow Gemini to provide compliant and secure crypto services throughout the region.Additionally, obtaining…
