The digital asset arm of Nomura is launching a new yield-focused Bitcoin investment product, as asset managers look to offer institutional investors returns beyond simple price exposure. Laser Digital is launching the Bitcoin Diversified Yield Fund (BDYF) to address the growing market demand for tokenized yield-driven funds over “vanilla long-only funds,” according to a Thursday…
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Vietnam began accepting applications for licenses to operate digital asset trading platforms, marking the operational start of the country’s long-planned pilot program for a regulated crypto market. The State Securities Commission of Vietnam (SSC) officially opened the licensing window on Tuesday, following the issuance of new administrative procedures under Decision No. 96 by the Ministry…
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Bitcoin (BTC) price could be in for another prolonged period of consolidation if key support levels are not reclaimed, a new analysis reveals. Key takeaways: Bitcoin is stuck between key cost-basis levels, predicting 2022-type consolidation unless key support levels are reclaimed. Spot Bitcoin ETFs recorded a net outflow of $708.7 million, their fifth-largest since launch,…
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Strive, an asset manager co-founded by former US presidential candidate Vivek Ramaswamy in 2022, plans to raise as much as $150 million through an offering of preferred stock, with proceeds earmarked for debt repayment and Bitcoin purchases. Strive said it plans to sell shares of its Variable Rate Series A Perpetual Preferred Stock, trading under…
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Thailand’s Securities and Exchange Commission is preparing new regulations to support crypto exchange-traded funds (ETFs), crypto futures trading, and tokenized investment products. SEC deputy secretary-general, Jomkwan Kongsakul, said the regulator plans to issue formal guidelines supporting the establishment of crypto ETFs in Thailand “early this year,” the Bangkok Post reported on Thursday. “A key advantage…
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Institutional investors aren’t likely to be the ones to push Bitcoin to new highs this year without a market-moving event, according to macro researcher and FFTT founder, Luke Gromen. “If you’re counting on institutional investors to run it from you know 90 to you know 150, if that’s your plan, that’s probably not going to…
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The US Senate Agriculture Committee released a Republican draft of the market structure bill, which includes protections for crypto developers, setting it up for a markup next week. US Senate Agriculture chair John Boozman says the panel’s Republicans are yet to find middle ground with Democrats on several “fundamental policy issues” related to crypto market…
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US stocks and the crypto market showed signs of life on Wednesday after US President Donald Trump stood down on tariffs tied to his efforts to claim Greenland. The S&P 500 closed the trading day up 1.16% on Wednesday, hours after Trump said on Truth Social that he had held a “very productive meeting” with…
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The Senate Banking Committee is backing Donald Trump’s move to bar institutions from buying family homes, which could delay the market structure bill, Bloomberg reports. Crypto market structure legislation could be delayed by several weeks as the Senate Banking Committee is shifting focus to US President Donald Trump’s affordability agenda, according to a report from…
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The US Senate Agriculture Committee, one of two committees in the chamber considering legislation to establish digital asset market structure, is expected to release its text of the bill by the close of business on Wednesday. Chair John Boozman said last week that the committee would release its version of the Digital Asset Markets Clarity…
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