Tag: Digital

Cantor Fitzgerald taps Anchorage Digital, Copper as Bitcoin custodians

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Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional investors. In a March 11 announcement, Cantor Fitzgerald said it is rolling out its Bitcoin (BTC) financing business with $2 billion in initial capital to help institutional investors borrow against their crypto holdings. Anchorage Digital and Copper will safeguard clients’ digital assets by acting as custodians and collateral managers, the company said.  Source: Anchorage Digital Anchorage Digital is an institutional cryptocurrency…

European lawmakers silent on US Bitcoin reserve amid digital euro push

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European lawmakers have remained silent on the United States’ Strategic Bitcoin Reserve order, a landmark policy shift favoring early adopters of Bitcoin due to its economic model. US President Donald Trump’s March 7 executive order outlined a plan to create a Bitcoin reserve using cryptocurrency seized in criminal cases rather than purchasing Bitcoin (BTC) on the market. Despite the significance of this move, European policymakers have yet to make any major public statements regarding Bitcoin reserves, raising questions about their stance on integrating BTC into national reserves. This may signal…

HIVE Digital shares rise as Bitcoin reserves grow 23% YoY

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Shares of HIVE Digital jumped following the company’s announcement of a 23% year-over-year rise in Bitcoin reserves. Canadian crypto mining company HIVE Digital has released its February production results, revealing that its Bitcoin (BTC) holdings increased by more than 20% year-over-year. In a March 9 press release, the Vancouver-headquartered company said it had mined 89 BTC, increasing its HODL portfolio to 2,620 BTC, valued at around $220 million. While the company’s Bitcoin holdings increased by 23% YoY, its month-over-month crypto holdings saw a decline, though HIVE Digital didn’t disclose the…

Utah drops Bitcoin reserve clause from its Blockchain and Digital Innovation Amendments bill

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A clause in Utah’s Blockchain and Digital Innovation Amendments bill, which would establish a Bitcoin reserve, was dropped right before the final Senate vote. Referred to as House Bill 230, Utah’s State Senate passed the bill with a 19-7-3 vote on March 7. However, this version no longer includes the Bitcoin reserve clause. The bill is now headed to Governor Spencer Cox for approval. Initially, the bill proposed allowing Utah’s state treasurer to invest up to 5% of certain public funds into Bitcoin and other qualifying digital assets. Utah was…

ECB’s Lagarde: Digital Euro Readiness Hinges on October 2025 Deadline

ECB President Christine Lagarde said the European Central Bank (ECB) aims to finalize preparations for a digital euro by October 2025, but its launch remains contingent on legislative approval and stakeholder cooperation. EU Digital Euro Preparation Phase Targets October 2025, Launch Uncertain Amid Legislative Delays The ECB is racing to complete the groundwork for a […] Source CryptoX Portal

Bahrain Digital Exchange ATME Introduces Tokenized Gold

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Bahrain’s ATME, a regulated digital asset exchange, has launched gold-backed tokens, a first in the Kingdom, with the Central Bank of Bahrain’s support. These tokens, each representing one kilogram of gold, offer accredited investors a secure and modern way to invest in gold without the challenges of physical storage. ATME’s CEO, Alex Lola, highlights this […] Source

Texas Senate Approves Landmark Bitcoin Reserve Bill—A Game-Changer for Digital Assets

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The Texas Senate has passed a bill to establish a state-run bitcoin reserve—cementing the state’s crypto dominance and setting a precedent nationwide. Texas Senate Passes Bill to Establish State Bitcoin Reserve Lieutenant Governor Dan Patrick of Texas announced on March 6 that the Texas Senate had passed Senate Bill 21, establishing the Texas Bitcoin Reserve […] Original

XRP price risks another 20% drop after ‘Digital Asset Stockpile’ letdown

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As of March 8, XRP (XRP) faces mounting technical and fundamental pressures that suggest a possible 20% price decline in the near future. Drawing from recent market analyses and historical patterns, investors should watch three key signals. XRP price chart hints at 20% drop ahead XRP/USD is currently forming a symmetrical triangle on its weekly chart, a pattern reflecting a tug-of-war between buyers and sellers. XRP/USD weekly price chart. Source: TradingView Contrary to popular belief, symmetrical triangles are not always bullish continuation patterns. They indicate a bias conflict, often resolving…

Trump Signs Order Establishing ‘Digital Fort Knox’ Bitcoin Reserve Funded by Seized Assets

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President Donald Trump enacted an executive directive on Thursday, instructing federal agencies to launch a U.S. strategic bitcoin repository and a complementary repository for other digital currencies, solely funded by assets seized in civil or criminal cases. Trump’s ‘Digital Fort Knox’ Unveiled The order mandates the creation of a Bitcoin Strategic Reserve to store cryptocurrency […] Original