Author: WebDesk

BlackRock, the world’s largest asset manager with more than $10 trillion under management, has launched a new Bitcoin exchange-traded product designed to generate monthly income for investors — a move the firm’s top ETF executive says is aimed at pulling in a wave of traditional investors who have kept their distance from the asset due to its volatility. Jay Jacobs, BlackRock’s US Head of Equity ETFs, spoke to CoinTelegraph to discuss the launch of the iShares Bitcoin Premium Income ETF, ticker BITA, which began trading this week. The product represents a departure from conventional Bitcoin exposure by layering a covered-call…

You’ve spent a long time in business. How did crypto first come onto your radar?Twelve years ago, I took my first steps into what was then a little-known and often misunderstood world called cryptocurrency. Like many business professionals, I was intrigued but cautious. Bitcoin was still in its infancy, blockchain was an unfamiliar concept, and few could imagine the profound impact these innovations would have on the future of finance.A lot of people were skeptical back then. What made you stay?Rather than dismissing this emerging technology, I chose to explore it. I immersed myself in books, research, and endless hours…

There is now $15 billion sitting in three securities being marketed to bitcoin holders as the safer, smarter way to access bitcoin exposure: Strategy’s preferred stack, STRC, and SATA. The pitch is identical across all three. Tax-favored. 11.5% income. Backed by bitcoin. Money-market risk. 82.7% of the buyer base is retail. Every word of that pitch is wrong, and the security those buyers actually own is built to fail in exactly the bitcoin environment it claims to harness. The Pitch Is a Story. The Capital Structure Is the Truth STRC is an unsecured, subordinated, perpetual preferred equity. No maturity date.…

XRP has dropped 5.33% to $1.14 in 24 hours, pulling back after completing a textbook double bottom pattern that hit its exact price target of $1.29. The pattern played out precisely as anticipated, with the $1.29 target reached to the nearest cent before the current pullback began.One analyst said that the pattern is now complete and the price target has been achieved. The move is over.Why the Pullback Is HappeningTwo factors are driving the current decline. XRP became short-term overbought on the rally to $1.29 and is now cooling off from those elevated readings. Additionally the token has broken back…

On Thursday, Avalanche revealed the launch of the Avalanche Payments Collective, which is a coalition of 28 leading organizations, including Franklin Templeton, VanEck, Paxos, Ethena, and others. The initiative is planning to address problems in global payments, such as slow settlement times and high costs. The coalition will connect various stablecoin issuers, including settlement networks like Lynq, asset managers, and fintech partners. On June 18, Avalanche announced the launch of the Avalanche Payments Collective, which is a coalition of 28 leading organizations to create one of the biggest payments ecosystems in the blockchain sector. This coalition includes major players such…

Bitcoin price slipped below key support near $64,000 after a hawkish shift from the Federal Reserve erased gains tied to easing geopolitical tensions, placing the market at risk of a deeper pullback toward the $60,000 range. The bitcoin price fell from a June 17 high of $66,315 to an intraday low near $62,000 during early June 18 trading, marking a 4% decline. Price action stabilized near $62,500, though momentum remains fragile as macro pressure builds. The Federal Reserve held its benchmark rate steady at 3.50% to 3.75% but signaled a tighter policy path through updated projections. Policymakers reduced expectations for…

Bitcoin is down again since our update yesterday.We are now trading around $63,000, getting close to levels where I start paying attention for longer-term entries. The market still feels shaky though, and honestly, today’s biggest story might be one man:Kevin Warsh.The new Federal Reserve chairman held his first FOMC meeting, and crypto traders didn’t get the outcome they hoped for.Many expected Warsh to cut rates soon after taking office.Instead, he kept rates unchanged and hinted that the next move could actually be a hike.That surprised markets.I’m writing this from Monterrey, Mexico, where tonight it’s Mexico versus South Korea at the…

The Federal Reserve proposed Thursday that payment stablecoin issuers maintain written customer identification programs, a move that signals Washington’s determination to bring digital asset markets under the same anti-money laundering discipline long applied to traditional banks — even as regulators race to finalize rules before a statutory deadline this coming January. The proposal would require so-called permitted payment stablecoin issuers, or PPSIs, to collect from each new customer a legal name, date of birth or formation, physical address, and a government-issued identification number before opening an account.  The Federal Reserve framework mirrors CIP obligations that banks, broker-dealers, mutual funds, and…

Zama and Morpho are pushing a more privacy-aware version of DeFi with a confidential USDC yield vault design that uses fully homomorphic encryption, or FHE, to bring private deposit logic to a public Ethereum environment. TL;DR Zama published a design for private deposits into public DeFi using FHE. The vault is tied to Morpho and Steakhouse’s confidential USDC Prime setup. The useful angle is how privacy can support institutional DeFi without hiding the existence of the protocol itself. The design, published by Zama, focuses on a simple but important tension in DeFi: institutions may want transparent settlement and public infrastructure,…

Stellar (XLM) price has posted one of its strongest day’s performances, surging more than 10% to trade around $0.25 after recovering from the recent losses. The move marks a notable shift in market structure, pushing above a level that now becomes the immediate battleground for bulls. With momentum accelerating and volume picking up sharply, traders are now assessing whether Stellar can build enough strength to extend the move toward the next major psychological resistance at $0.30.XLM Price Rebounds With Strong ConvictionFor months, XLM remained trapped beneath lower highs, with each recovery attempt failing to sustain momentum. This latest move changes…