Asia’s wealthy shifting from US dollar to crypto, gold, China: UBS

High-net-worth clients across Asia are gradually pivoting away from US dollar-based investments, favoring gold, cryptocurrencies and Chinese assets instead, according to financial services giant UBS Group. “Gold is getting very popular,” Amy Lo, the Swiss bank’s co-head of wealth management for Asia, said during Bloomberg’s New Voices event held in Hong Kong on May 13. … Read more

Is Mutuum Finance (MUTM) the Next SOL?

Solana (SOL) has been one of the standout performers of past crypto cycles, surging from obscurity to triple-digit valuations thanks to its blazing-fast transaction speeds and thriving DeFi ecosystem. Analysts now project SOL could reclaim the $200–$250 range in the upcoming bull run, particularly if institutional interest and NFT momentum continue to grow. Meanwhile, attention … Read more

Standard Chartered to Provide Banking Services for Digital Asset Prime Broker Falconx’s Institutional Clients

Falconx, an institutional digital asset prime broker, announced a strategic partnership with Standard Chartered. In the initial phase of the collaboration, Standard Chartered will provide a comprehensive suite of banking services to Falconx globally, enhancing the platform’s offerings for institutional clients. The partnership will integrate Standard Chartered’s banking infrastructure, allowing Falconx to access a wide … Read more

How investors are assessing the impact on ADA?

Cardano’s $225 million budget plan has sparked community debate.  ADA was at a pivotal point and could surge to $1 if $0.8 became support.  On the 12th of May, Cardano submitted a 275 million ADA (about $225 million) budget plan to fund the ecosystem’s growth. The targeted initiatives include protocol development, zero-knowledge tech, and other … Read more

SEC Delays Grayscale Solana and Litecoin ETF Decisions Until Q3 2025

TLDR SEC delayed decisions on Grayscale’s Solana and Litecoin ETFs until August and October 2025 Public comment periods opened for BlackRock’s Bitcoin ETF in-kind redemption model and 21Shares’ Dogecoin ETF BlackRock’s proposal would allow direct Bitcoin redemptions rather than cash-only SEC is expected to make no crypto ETF approvals before Q4 2025 New SEC Chair … Read more

Bitcoin ETFs See $96 Outflow Amid Market Pullback

Bitcoin On Tuesday, U.S.-listed Bitcoin spot ETFs experienced a combined net outflow of $96.14 million, marking their largest daily loss since April 16. None of the twelve active BTC ETFs recorded net inflows, highlighting a temporary institutional retreat. The pause came as Bitcoin failed to hold momentum above the $105,000 resistance, despite recent optimism surrounding … Read more