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Expectations for the Federal Reserve (Fed) to cut its benchmark interest rate further diminished as U.S. underlying inflation beat market expectations for a third straight month. Market participants now see two rate cuts this year, with a growing number expecting just one. The likelihood of the first rate cut

Hong Kong's Securities and Futures Commission (SFC) plans to approve its first BTC spot ETF on April 15, Chinese media outlet Tencent News reported. Earlier today, the SFC added Chinese asset managers Harvest Global Investments and China Asset Management to its list of new virtual asset management fund

BlackRock's bitcoin spot ETF IBIT is closing the gap with its grayscale counterpart GBTC in terms of assets under management, according to The Block. As of Sept. 9, IBIT had $18.2 billion in assets under management, while GBTC had $23.2 billion. Two months ago, the gap

Tokyo Stock Exchange-listed MetaPlanet has announced that it is benchmarking itself to the Asian version of MicroStrategy and has made Bitcoin its primary asset, according to crypto news outlet UBlockchain. Metaplanet said it has raised 1 billion yen ($6.58 million) from Morgan Creek Capital Management CEO Mark Yusko, Sora

"BlackRock's BTC spot ETF, IBIT, is now close to $20 billion in assets," Bloomberg ETF analyst Eric Balchunas told X. "That ranks it 88th among all ETFs. That ranks it 88th among all ETF products, beating out such notables as iShares MSCI Emerging Markets ETF

The Polygon (MATIC) and Ethereum (ETH) chains saw massive new user inflows in the first quarter, according to a report from blockchain data platform Flipside, reports CryptoPotato. As of March 27 (local time), the Polygon chain saw 12.3 million new users this year, while Ethereum saw 13.4 million