BlackRock’s IBIT and Fidelity’s FBTC are the top-performing Bitcoin ETFs of the decade

Franklin Templeton is making waves in the world of finance by expanding its OnChain U.S. Government Money Fund (FOBXX) to the Aptos blockchain, marking a significant step in integrating traditional finance with decentralized finance. Launched in 2021, FOBXX is a US Treasury-backed fund that leverages the advantages of tokenized real-world assets, and its recent expansion follows similar moves to other blockchain networks like Avalanche, Polygon, and Stellar. As of October

In a recent forum in Beijing, former senior finance official Zhu Guangyao urged China to reconsider its stringent ban on cryptocurrencies, highlighting their potential role in bolstering the nation’s digital economy. His remarks come at a time when the U.S. is adopting a more crypto-friendly approach, igniting discussions within China about the implications of its current policies. Since its initial crackdown on crypto in 2017, which included banning initial coin

Ripple has gained in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its financial services in the UAE, enhancing its role in the region’s cross-border payment ecosystem. This approval allows Ripple to offer comprehensive payment solutions through the Dubai International Financial Centre (DIFC). CEO Brad Garlinghouse highlighted the UAE’s favorable crypto regulations, which have established the country as a global hub for digital asset firms. With this regulatory

Bitcoin mining companies are facing significant challenges as profitability reaches an all-time low, according to a report by JPMorgan Chase. In September, miners experienced a 6% drop in daily block reward gross profit, marking three months of declining revenue, despite a slight rise in Bitcoin prices. The primary cause of this downturn is the recent Bitcoin Halving, which occurred in April and reduced miners’ rewards by 50%, potentially leading to