Crypto World Echo

Valkyrie amends Bitcoin Fund S-1 filing with enhanced custody and valuation rules

Valkyrie Investments refiled an amended Form S-1 with the Securities and Exchange Commission on Thursday for its Valkyrie Bitcoin Fund, adding more precise rules around custody, valuation, seed investments, and risks as the cryptocurrency investment vehicle awaits regulatory approval to trade on Nasdaq. The new filing updates the index used to value the fund’s Bitcoin from Lukka Prime to the CME CF Bitcoin Reference Rate – New York Variant, which calculates the reference rate as of 4 PM Eastern

Tether fires back at S&P after USDT downgraded to weakest score

<p>Tether responds to S&#38;Ps downgrade of USDT, citing $135B in Treasuries, $13B profit, and critical use in global payments.</p><p>The post <a href="https://cryptobriefing.com/tether-sp-responds-usdt/">Tether fires back at S&amp;P after USDT downgraded to weakest score</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Bitcoin Price Skyrockets Past $90,000 as BlackRock and JPMorgan Deepen Bitcoin Bets

Bitcoin MagazineBitcoin Price Skyrockets Past $90,000 as BlackRock and JPMorgan Deepen Bitcoin BetsBitcoin price ripped higher above $90,000 on Wednesday, extending a sharp rally fueled by accelerating institutional demand and a new wave of Wall Street–engineered crypto products.&nbsp;The surge followed fresh disclosures showing BlackRock increasing its exposure to its own spot Bitcoin ETF, and JPMorgan pitching a complex, high-stakes structured note tied directly to BlackRock’s IBIT fund.Bitcoi

Stimulus Incoming? White House Says 2026 Tax Refunds Will Hit New Highs

The White House says tax refunds in 2026 will be “the largest ever,” a projection tied to retroactive tax cuts and withholding quirks that analysts say could leave millions with heftier checks. Record Refunds Expected in 2026, According to the White House The Trump administration says 2026 tax refunds are on track to be the [&#8230;]

Conor McGregor accuses Khabib Nurmagomedov of scamming fans with $4.4 million NFT sale

<p>The controversy highlights the ongoing tension between sports figures and the ethical challenges surrounding digital asset ventures.</p><p>The post <a href="https://cryptobriefing.com/khabib-nft-sale-controversy/">Conor McGregor accuses Khabib Nurmagomedov of scamming fans with $4.4 million NFT sale</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

S&P Global downgrades Tether’s stability rating to weakest level

<p>S&#38;P Global downgrades Tether's stability rating to its lowest level, citing reserve exposure and governance concerns affecting USDT.</p><p>The post <a href="https://cryptobriefing.com/sp-global-downgrades-tether-stability-rating/">S&amp;P Global downgrades Tether&#8217;s stability rating to weakest level</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Why Texas is buying Bitcoin from BlackRock before building a real reserve

Texas has taken the first formal step toward becoming the first US state to hold Bitcoin as a strategic reserve asset.On Nov. 25, Lee Bratcher, president of the Texas Blockchain Council, reported that the world’s eighth-largest economy, valued at $2.7 trillion, purchased $5 million worth of BlackRock’s spot Bitcoin ETF, IBIT.He added that a second $5 million allocation is already lined up for direct Bitcoin acquisition once the state finalizes a custody and liquidity framework required under a n

TRON vs. Digitap ($TAP): Why The Banking Revolution is Winning Black Friday

Black Friday is here again in 2025. While financial traders were expecting reduced fees, trading bonuses, and other benefits, TRON dipped by over 8% to $0.272. Some whales might have taken profits around the $0.30 resistance zone after the RSI indicated overbought at 70. Amid all this, Digitap ($TAP) is actively enhancing crypto-to-fiat conversions while offering non-KYC Visa cards to global users. It distributes payments cheaply across chains and offers 124% APR rewards during the presale. This

Upexi Treasury raises $23M to expand SOL holdings

<p>Upexi raises $23M to expand Solana treasury, aiming to acquire more SOL tokens and strengthen its digital asset exposure.</p><p>The post <a href="https://cryptobriefing.com/upexi-raises-23m-to-expand-solana-treasury/">Upexi Treasury raises $23M to expand SOL holdings</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

ZFX UK Posts Loss Despite Revenue Rising 5%, Reversing Last Year’s Profit

Zeal Capital Market (UK) Limited, the FCA-regulatedfirm behind the ZFX broker brand, recorded impressive trading growth in thefiscal year ending 30 June 2025, yet finished in the red. The company saw its trading volume surge by 43.5% to$28.8 billion, up from $20 billion the previous year. Revenue also edged up4.8% to £841,284, reflecting steady client demand and strengthened tradingactivity.“Adverse GBP/USD Exchange Rate Movements”Despite the growth, the Zeal Capital Market UK posted a net loss

Tether’s Expanding Gold Strategy Draws Fresh Attention From Wall Street

Tether’s growing footprint in the global gold market has entered the chat in a big way, thanks to a new analysis from Jefferies that frames the stablecoin giant as something akin to a private-sector central bank. Why Jefferies Thinks Tether Is the Most Important Gold Buyer You’re Not Watching Tether, already known for steering the [&#8230;]

Ark Invest acquires 174K Alphabet shares as the stock hits all time high

<p>Ark Invest acquires Alphabet shares amid AI-driven valuation surge, reflecting confidence in the tech firms growth in search and AI.</p><p>The post <a href="https://cryptobriefing.com/ark-invest-acquires-174k-alphabet-shares-valuation-surge/">Ark Invest acquires 174K Alphabet shares as the stock hits all time high</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Tom Lee targets $2,500 as the exhaustion point for Ethereum sellers

<p>Ethereum's potential dip to $2,500 could trigger a buying opportunity, setting the stage for a significant market recovery and supercycle.</p><p>The post <a href="https://cryptobriefing.com/ethereum-exhaustion-point-tom-lee/">Tom Lee targets $2,500 as the exhaustion point for Ethereum sellers</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

PayPal introduces Bitcoin raffle with prizes up to $100K for US users

<p>PayPal launches a Bitcoin raffle for US users, offering $100K weekly prizes through purchases or mail-in entries until December.</p><p>The post <a href="https://cryptobriefing.com/paypal-bitcoin-raffle-us-prizes-2024/">PayPal introduces Bitcoin raffle with prizes up to $100K for US users</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Hedge Funds, Family Offices Access Bespoke Crypto Services with Binance Prestige

Binance has launched Binance Prestige, a service aimed attraditional finance investors entering the cryptocurrency market. The serviceis intended to support family offices, private funds, and other assetallocators with onboarding, fiat services, financing, and portfolio management.Digitalassets meet tradfi in London at the fmls25Institutional activity in crypto markets has continued togrow, with demand increasing among hedge funds and other professionalparticipants. Tradingvolumes have risen ove

Grayscale Moves Toward First Zcash ETF With SEC Filing

Grayscale announced the move on Wednesday on X, saying it submitted a Form S-3 for the Grayscale Zcash Trust, calling the filing “an important step required to launch the first ZEC ETPs.” Grayscale Advances ZEC ETF Ambition With Form S-3 Submission The company highlighted Zcash’s zero-knowledge cryptography and privacy features as central to the token’s [&#8230;]

HCM City Signs a Major Deal with Binance to Strengthen International Financial Centre

Key Takeaways:HCM City and Binance sign an initial MoU to speed up its International Financial Centre (VIFC-HCMC), with a keen interest in crypto, blockchain and regulation of digital assets.Cooperation includes investor onboarding, regulatory framework, a crypto sandbox, and capacity building of the Vietnam financial regulators.The purpose of the partnership is to make HCM City a high-grade regional crypto-fintech center by 2030 to enhance access to capital markets and attract international dig

US growth projected at 2.4% for 2026: Does this protect Bitcoin from harsh crypto winter?

Bank of America forecasts US real GDP growth of 2.4% in 2026, propelled by five different tailwinds. Meanwhile, JPMorgan stressed various headwinds for the macroeconomic landscape next year.The OBBBA fiscal package adding roughly half a point through consumer spending and capex, lagged Fed cuts boosting activity in the second half, more growth-friendly trade policy, sustained AI investment, and base effects lifting measured output are listed in BofA&#8217;s forecast.Additionally, headline PCE ru

DDC Enterprise purchases 100 Bitcoin, boosting total holdings to 1,183 BTC

<p>DDC's strategic Bitcoin acquisition highlights a growing trend of corporations using cryptocurrency as a long-term reserve asset.</p><p>The post <a href="https://cryptobriefing.com/ddc-bitcoin-accumulation-strategy/">DDC Enterprise purchases 100 Bitcoin, boosting total holdings to 1,183 BTC</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Deribit’s $13B Bitcoin Options Expiry Could Steer Short-Term Market Tone

Bitcoin and ether are heading into a packed expiry window this Friday, with billions in open interest lined up against max pain levels that sit far above spot. BTC Derivatives Align for Friday Shakeout Bitcoin and ether enter Wednesday’s session with heavy derivatives momentum, as traders prepare for one of November’s largest options expiries on [&#8230;]