due – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 31 Aug 2025 19:46:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 due – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Venture capital game has changed due to market maturation — VC exec https://earlybirdsinvest.com/venture-capital-game-has-changed-due-to-market-maturation-vc-exec/ https://earlybirdsinvest.com/venture-capital-game-has-changed-due-to-market-maturation-vc-exec/#respond Sun, 31 Aug 2025 19:46:31 +0000 https://earlybirdsinvest.com/venture-capital-game-has-changed-due-to-market-maturation-vc-exec/

Venture capital (VC) firms have become much more selective with the crypto projects they invest in, representing a shift from the previous cycle due to market maturation, according to Eva Oberholzer, the chief investment officer at VC firm Ajna Capital. 

“It’s harder because we have reached a different stage in crypto, similar to every cycle we have seen for other technologies in the past,” Oberholzer told Cointelegraph.

She added that market maturation has slowed down pre-seed investing, as VCs pivot their attention to established projects with clear business models. Oberholzer said:

“It’s more about predictable revenue models, institutional dependency, and irreversible adoption. So, what we see right now is that crypto is not driven by any memecoin frenzies or other trends, but it’s more about institutional adoption.”

The shift in VC activity reflects the broader trend of institutional crypto investment and the focus on revenue-generating digital asset businesses, as opposed to the price speculation that drove investment during previous crypto cycles, including the 2021 bull market. 

Venture Capital, Investments
Private fundraising deals among blockchain startup companies this week. Source: ICO Analytics

Related: VC Roundup: Bitcoin DeFi surges, but tokenization and stablecoins gain steam

The traditional financial world demands yield and revenue-producing crypto businesses

Traditional financial investors, including Wall Street firms, venture capitalists, and institutional funds, are increasingly demanding crypto projects that provide established, predictable revenue streams.

VC firms are concentrating on stablecoin projects and investing in other forms of payment infrastructure that can generate fees, Oberholzer said. 

Real-world asset tokenization (RWA) platforms are also on the radar of VC firms due to the revenue models associated with minting and managing tokenized RWAs onchain.

Venture Capital, Investments
The tokenized RWA market continues to grow. Source: RWA.XYZ

Matt Hougan, the chief investment officer (CIO) at investment firm Bitwise, recently told Cointelegraph that the quest for yield is driving Wall Street investment in Ether (ETH).

“If you take $1 billion of ETH and you put it into a company and you stake it, all of a sudden, you’re generating earnings. And investors are really used to companies that generate earnings,” Hougan said.

The smart contract layer-1 blockchain hosts the majority of the stablecoin, RWA market, and decentralized finance (DeFi) activity that generates stable revenues through fees and other forms of financial rent for its owners.

Magazine: TradFi is building Ethereum L2s to tokenize trillions in RWAs: Inside story

]]> https://earlybirdsinvest.com/venture-capital-game-has-changed-due-to-market-maturation-vc-exec/feed/ 0 56099 As September looms, is Ethereum due a seasonable pullback? https://earlybirdsinvest.com/as-september-looms-is-ethereum-due-a-seasonable-pullback/ https://earlybirdsinvest.com/as-september-looms-is-ethereum-due-a-seasonable-pullback/#respond Sun, 24 Aug 2025 15:35:10 +0000 https://earlybirdsinvest.com/as-september-looms-is-ethereum-due-a-seasonable-pullback/

With September just around the corner, Ethereum bulls are jittery, since the ninth month of the calendar year has typically been associated with weakness by the number-two coin. With an average loss of -6.42% since 2016, September is the single worst-performing month for Ethereum over most cycles.

Ethereum has been on a tear, fueled by institutions

Ethereum has been on a tear lately, closing in on all-time highs and breathing new life into the ETH community and beyond. As of mid-August 2025, ETH is trading above $4,700, up roughly 76% year-to-date and about 25% just since the start of August, marking its best price performance since the 2021 bull run.

Institutional inflows have been a major driver of Ethereum’s rally, as spot ETH ETFs attracted nearly $3 billion in net inflows throughout August, propelling prices higher and revealing new trends among institutional buyers.

Corporate treasury adoption is also ballooning, with companies collectively amassing over $17 billion in ETH reserves this year alone, locking up supply and intensifying price momentum.

Fundstrat co-founder and current chairman of BitMINE Immersion Technologies, Tom Lee, has made headlines this year with his company’s strategic pivot to Ethereum.

In just over a month, BitMINE accumulated the world’s largest corporate Ethereum treasury, boasting over $6.6 billion in ETH to become the largest ETH holder, surpassing even major investment and tech firms, such as ConsenSys.

Macro conditions have remained favorable as well, as dovish signals from the U.S. Federal Reserve and improving global risk sentiment contributed to deeper institutional interest.

On-chain factors like DeFi activity, and protocol upgrades like Pectra have further reduced liquid supply and incentivized longer-term holding, creating powerful tailwinds for ETH’s price performance.

ETH’s notorious September weakness, bull run over?

However, as September approaches, portfolio rebalancing after summer runs, and tax-related selling could serve to damper the flames of a hot summer. Bitcoin and crypto trader Crypto Rover questioned Ethereum’s curious seasonality, posting:

“SEPTEMBER IS USUALLY A BEARISH MONTH FOR $ETH

Not just in general, but especially in post-halving years.
2017: -21.65%
2021: -12.55%
2025: ???
What’s your prediction?”

ETH’s price history reveals a persistent and often brutal September pattern. Since 2016, ETH gains in August are regularly wiped out in September. In 2017, ETH rallied 92% in August, then dropped -21.65% in September, after China announced a ban on ICOs.

In 2020, the Eth price was up around 25%, followed by a 17% pullback in September, and in August 2021, ETH found itself up some 35% only to retrace by 12% in September.

Not everyone is bearish on Eth

Despite the undeniable pattern, not all analysts are bearish. Standard Chartered Bank recently forecast ETH price to reach $7,500 by year-end 2025, with a longer-term target of $12,000 in 2026 and $18,000 by 2027.

On August 13, 2025, Tom Lee told CNBC that he expects Ethereum to “keep charging ahead” with upside propelled by ETF inflows and institutional adoption pushing the price above $7,000 a coin.

While the data suggests ETH faces a seasonal headwind in September, especially after a strong August, if ETH can buck its September curse, a bullish Q4 awaits.

Ethereum Market Data

At the time of press 1:18 pm UTC on Aug. 24, 2025, Ethereum is ranked #2 by market cap and the price is up 0.75% over the past 24 hours. Ethereum has a market capitalization of $573.37 billion with a 24-hour trading volume of $28.53 billion. Learn more about Ethereum ›

Crypto Market Summary

At the time of press 1:18 pm UTC on Aug. 24, 2025, the total crypto market is valued at at $3.97 trillion with a 24-hour volume of $134.41 billion. Bitcoin dominance is currently at 57.60%. Learn more about the crypto market ›

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]]> https://earlybirdsinvest.com/as-september-looms-is-ethereum-due-a-seasonable-pullback/feed/ 0 54890 Over $3.4 billion in Ethereum lost forever due to user mistakes and contract bugs https://earlybirdsinvest.com/over-3-4-billion-in-ethereum-lost-forever-due-to-user-mistakes-and-contract-bugs/ https://earlybirdsinvest.com/over-3-4-billion-in-ethereum-lost-forever-due-to-user-mistakes-and-contract-bugs/#respond Tue, 22 Jul 2025 01:14:54 +0000 https://earlybirdsinvest.com/over-3-4-billion-in-ethereum-lost-forever-due-to-user-mistakes-and-contract-bugs/

More than 913,111 ETH has been permanently lost due to user and contract-related errors, according to Conor Grogan, a director at Coinbase.

At current prices, that amounts to approximately $3.43 billion in inaccessible assets, which represent over 0.76% of Ethereum’s total circulating supply.

Grogan highlighted several major incidents that have contributed to this significant number of irreversible ETH losses.

Lost Ethereum
Lost Ethereum (Source: X/ Grogan)

Topping the list is the Web3 Foundation, which lost 306,000 ETH due to a vulnerability in the Parity multisig wallet. The defunct Canadian crypto exchange QuadrigaCX lost 60,000 ETH through a faulty smart contract. NFT project Akutars mistakenly burned 11,500 ETH during a botched minting process.

Additionally, users have inexplicably sent over 25,000 ETH directly to burn addresses, permanently removing them from circulation.

Losses could be higher

Meanwhile, Grogan emphasized that the $3.4 billion figure is a conservative estimate.

According to him, the figure only accounts for provably inaccessible ETH, such as coins trapped in flawed contracts or burn addresses. It does not include ETH tied to lost private keys or dormant wallets from Ethereum’s early days, like Genesis wallets that haven’t moved funds in years.

He also pointed out that the figure is significantly higher when factoring in Ethereum’s destruction via the EIP-1559 burn mechanism, with more than 5.3 million ETH permanently removed from circulation. This total exceeds 5% of all ETH ever minted and represents over $23.4 billion in value.

]]> https://earlybirdsinvest.com/over-3-4-billion-in-ethereum-lost-forever-due-to-user-mistakes-and-contract-bugs/feed/ 0 48950 ‘Big Short’ Investor Steve Eisman Says US Budget Deficit ‘Nothing To Talk About’ Due to Insatiable Demand for Treasuries https://earlybirdsinvest.com/big-short-investor-steve-eisman-says-us-budget-deficit-nothing-to-talk-about-due-to-insatiable-demand-for-treasuries/ https://earlybirdsinvest.com/big-short-investor-steve-eisman-says-us-budget-deficit-nothing-to-talk-about-due-to-insatiable-demand-for-treasuries/#respond Wed, 09 Jul 2025 09:27:02 +0000 https://earlybirdsinvest.com/big-short-investor-steve-eisman-says-us-budget-deficit-nothing-to-talk-about-due-to-insatiable-demand-for-treasuries/

One of the investors who called and profited off the subprime mortgage collapse of 2008, Steve Eisman, is brushing off concerns over the rising US budget deficit.

In a new interview on CNBC, the Wall Street investor says the heavy demand for US treasuries from across the globe suggests there’s no cause for worry over the deficit.

“There’s a great slogan that I think really applies to politics and international affairs, which is when someone tells you who they are, believe them. But in the market, when someone tells you who they are, don’t believe them [until when] they actually do something with their money.

So all the people who are pontificating about this… The price of this risk is a 10-year Treasury yield. And what’s happened to the 10-year Treasury yield? It’s been directionless since December of 2022. So the more important question is given that all these people are pontificating about it, why hasn’t it moved? And again, I think the reason is there’s no alternative to Treasuries.

If there was a real alternative to Treasuries, then all of this stuff about the deficit is something that I would pay attention to. But as long as there’s no alternative, there’s nothing to talk about.”

Eisman also says the demand for US bonds all over the world is “insatiable” and that he believes investors will always show up in Treasury auctions to accumulate government debt.

Late last month, Eisman said he was optimistic about the stock market due to the long-term growth potential of the US economy.

“We’ve been in a bull market pretty much for the last 10 years with some fits and starts. And so buy the dip has become almost a religion. It’s a religion that right now I largely subscribe to because I am of the view… that the US economy is more dynamic than it’s ever been in my lifetime. So long term, I am very bullish.”

 

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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]]> https://earlybirdsinvest.com/big-short-investor-steve-eisman-says-us-budget-deficit-nothing-to-talk-about-due-to-insatiable-demand-for-treasuries/feed/ 0 46627 Billionaire Mike Novogratz Expects $1,000,000 Bitcoin Price Due to These Two Catalysts https://earlybirdsinvest.com/billionaire-mike-novogratz-expects-1000000-bitcoin-price-due-to-these-two-catalysts/ https://earlybirdsinvest.com/billionaire-mike-novogratz-expects-1000000-bitcoin-price-due-to-these-two-catalysts/#respond Wed, 18 Jun 2025 11:30:38 +0000 https://earlybirdsinvest.com/billionaire-mike-novogratz-expects-1000000-bitcoin-price-due-to-these-two-catalysts/

Galaxy Digital CEO Mike Novogratz predicts Bitcoin (BTC) will one day be worth a whopping $1 million for two main reasons.

In a new interview on the Schwab Network, Novogratz says Bitcoin will eventually increase 850% from its current value due to increased adoption and a weakening US dollar.

“The price moves on two metrics. One is adoption, more and more people being introduced to it. We call it orange pilling them. Somebody orange pilled Larry Fink, that was a big deal, because now he got all BlackRock engaged. In Invesco, our partners engaged, and more and more financial institutions are engaged.

The other is the macro backdrop, which I think continues to be government spending too much money.”

He also believes that younger generations will prefer investing in the top crypto asset over gold, which would send Bitcoin higher.

“And so how do I think Bitcoin can go to a million? Well, gold is roughly a $20 trillion asset, and Bitcoin is roughly a $2 trillion asset. We had Warren Buffett retire. Charlie Munger passed away. They didn’t like Bitcoin. They’re not Bitcoin people, but I bet you their grandkids are right. Kids like digital stuff. And as we have this wealth transfer from baby boomers, who are all, rest their souls, going to slowly pass away and that money gets passed down, they’re going to be more willing to buy Bitcoin than gold.”

Novogratz previously said Bitcoin has become an “institutionalized macro asset” just like gold or silver.

Bitcoin is trading for $105,270 at time of writing, down 2.3% in the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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]]> https://earlybirdsinvest.com/billionaire-mike-novogratz-expects-1000000-bitcoin-price-due-to-these-two-catalysts/feed/ 0 42716 Democrats Push to Amend GENIUS Act Due to Trump’s Crypto Ties https://earlybirdsinvest.com/democrats-push-to-amend-genius-act-due-to-trumps-crypto-ties/ https://earlybirdsinvest.com/democrats-push-to-amend-genius-act-due-to-trumps-crypto-ties/#respond Fri, 23 May 2025 22:51:37 +0000 https://earlybirdsinvest.com/democrats-push-to-amend-genius-act-due-to-trumps-crypto-ties/

The United States government is close to enacting its first crypto legislation, the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. However, Democratic lawmakers are pushing to include protections against corruption from public officials, especially the family of President Donald Trump.

According to a report from Axios, a group of senators insists the bill needs to be amended to prevent Trump and his inner circle members from profiting from stablecoins and selling influence to the highest bidder.

Senators Push to Amend GENIUS Act

The GENIUS Act will establish the first regulatory framework for stablecoins in the U.S. Senator Bill Hagerty introduced the bill in February, with co-sponsorship from Senators Kirsten Gillibrand and Cynthia Lummis.

If enacted, the bill will establish a federal licensing and supervisory framework for stablecoins, requiring their issuers to undergo regular security audits. The legislation will limit stablecoin issuance to licensed entities and prohibit trading assets that are not fully backed.

Before the bill passed in the Senate earlier this week, Democrats had raised concerns about potential conflicts with Trump’s crypto investments. Although they had previously withdrawn their support, most of them, except for Senate Minority Leader Chuck Schumer, eventually voted yes.

Concerns Over Trump’s Crypto Ventures

With the GENIUS Act a few steps away from becoming law, Democrats once again insist that amendments be made to include protections against corruption. Senators Jeff Merkley, Elizabeth Warren, and Schumer are pushing to file the amendment before the legislation passes the Senate.

Senators Gary Peters, Jack Reed, Chris Murphy, and Michael Bennet are co-sponsoring the amendment. Although most of these lawmakers have voted in favor of the bill, sources familiar with the matter revealed that they may withdraw their support if the legislation lacks protections against corruption.

As the push for amendment continues, Senator Mark Warner, a Democrat, insists the bill should be passed regardless of concerns about the Trump family. He said the possibility of corruption should not blind the U.S. government to the broader reality that blockchain technology is here to stay.

These concerns come as the Trump family’s crypto business, World Liberty Financial (WLFI), launches a new stablecoin, USD1. The asset has already scored a deal to become the settlement currency for Abu Dhabi-based MGX’s $2 billion investment in crypto exchange Binance.

Meanwhile, top Democrat lawmakers have launched an investigation into Trump’s crypto venture over concerns of illegal fundraising, abuse of political power, and foreign influence.

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]]> https://earlybirdsinvest.com/democrats-push-to-amend-genius-act-due-to-trumps-crypto-ties/feed/ 0 37937 Moody's downgrades US credit rating due to rising debt https://earlybirdsinvest.com/moodys-downgrades-us-credit-rating-due-to-rising-debt/ https://earlybirdsinvest.com/moodys-downgrades-us-credit-rating-due-to-rising-debt/#respond Sat, 17 May 2025 21:01:48 +0000 https://earlybirdsinvest.com/moodys-downgrades-us-credit-rating-due-to-rising-debt/

Moody’s credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as the primary driver behind the reduction in creditworthiness.

According to the May 16 announcement from the rating agency, US lawmakers have failed to stem annual deficits or reduce spending over the years, leading to a growing national debt. The rating agency wrote:

“We do not believe that material multi-year reductions in mandatory spending and deficits will result from the current fiscal proposals under consideration. Over the next decade, we expect larger deficits as entitlement spending rises while government revenue remains broadly flat.”

The credit downgrade is only one degree out of the 21-notch rating scale used by the company to assess the credit health of an entity.

Economy, US Government, United States, National Debt
An overview of the US national debt. Source: US National Debt Clock

Despite the negative short to medium-term credit outlook, Moody’s maintained a positive outlook on the long-term health of the United States, citing its robust economy and the status of the US dollar as the global reserve currency as strengths, reflecting “balanced” lending risks.

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

Investors react to Moody’s US credit revision

Moody’s announcement drew mixed reactions from investors and market participants, leaving many unconvinced by the agency’s revised outlook.

Gabor Gurbacs, CEO and founder of crypto loyalty rewards company Pointsville, cited the rating agency’s previous credit assessments during times of financial stress as unreliable, signaling that the outlook was too optimistic.

“This is the same Moody’s that gave Aaa ratings to sub-prime mortgage-backed securities that led to the 2007-2008 financial crisis,” the executive wrote in a May 17 X post.

However, macroeconomic investor Jim Bianco argued that the recent Moody’s credit outlook does not reflect a real downgrade in the perception of US government creditworthiness and characterized the announcement as a “nothing burger.”

Economy, US Government, United States, National Debt
Interest rates on the 30-year US Treasury Bond spiked to nearly 5% in May 2025, signaling reduced long-term investor confidence in US debt. Source: TradingView

US government debt surpassed $36 trillion in January 2025 and shows no signs of slowing, despite recent efforts by Elon Musk and others to reduce federal spending and curtail the national debt.

As the debt climbs and investors lose faith in US government securities, bond yields will spike, causing the debt service payments to go up, further inflating the national debt.

This creates a vicious cycle as the government will have to entice investors with ever-greater yields to incentivize them to purchase government debt.

Magazine: Elon Musk’s plan to run government on blockchain faces uphill battle

]]> https://earlybirdsinvest.com/moodys-downgrades-us-credit-rating-due-to-rising-debt/feed/ 0 36803 ‘Bond King’ Jeffrey Gundlach Says Stocks Not Rallying Due to $3,000,000,000 per Day US Problem https://earlybirdsinvest.com/bond-king-jeffrey-gundlach-says-stocks-not-rallying-due-to-3000000000-per-day-us-problem/ https://earlybirdsinvest.com/bond-king-jeffrey-gundlach-says-stocks-not-rallying-due-to-3000000000-per-day-us-problem/#respond Tue, 25 Mar 2025 06:58:40 +0000 https://earlybirdsinvest.com/bond-king-jeffrey-gundlach-says-stocks-not-rallying-due-to-3000000000-per-day-us-problem/

Billionaire “Bond King” Jeffrey Gundlach says the stock market is struggling to sustain rallies due to a massive expense draining the government’s coffers.

In a new CNBC interview, the CEO of investment management firm DoubleLine Capital points out that the S&P 500 has given up most of its gains since the Federal Reserve began its rate-cutting cycle in Q3 2024.

According to Gundlach, risk assets like equities tend to witness upside bursts when the Fed slashes interest rates. With the S&P500 plummeting to a level last seen in September of last year, Gundlach says the bearish price action indicates a deeper issue is troubling the stock market.

“Since the Fed starting cutting rates back in September, bond yields are still up and the stock market is doing very, very little since then. So this is an unusual time period where the Fed cutting rates by 100 basis points and talking about two more, we have not seen a rally in the 10-year Treasury bond…

We have also not really had a rally in stocks since the Fed started cutting interest rates. There’s that old phrase ‘Don’t fight the Fed,’ which is supposed to mean that if the Fed is cutting, you’re supposed to stay long risk but it sort of isn’t working this time.

I think that’s going to continue to be a theme as we move forward in time.

I think that we really have a big problem… with this interest expense. It’s over $3 billion a day in interest expense on the Treasury debt.”

Interest expense is the interest paid by the US government to holders of its $36.22 trillion national debt. The nonpartisan, nonprofit Committee for a Responsible Federal Budget (CRFB) says data from the Treasury Department showed that the government paid $882 billion in interest costs during the 2024 fiscal year, which ran from October 1st, 2023 to September 30th, 2024.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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]]> https://earlybirdsinvest.com/bond-king-jeffrey-gundlach-says-stocks-not-rallying-due-to-3000000000-per-day-us-problem/feed/ 0 27076 Nasdaq's Shift To Round-The-Clock Stock Trading Due to Crypto, Says Exchange Executive https://earlybirdsinvest.com/nasdaqs-shift-to-round-the-clock-stock-trading-due-to-crypto-says-exchange-executive/ https://earlybirdsinvest.com/nasdaqs-shift-to-round-the-clock-stock-trading-due-to-crypto-says-exchange-executive/#respond Thu, 20 Mar 2025 18:39:06 +0000 https://earlybirdsinvest.com/nasdaqs-shift-to-round-the-clock-stock-trading-due-to-crypto-says-exchange-executive/

Stock and other traditional financial asset traders across the world are wanting to be able to buy and sell assets around the clock, resulting in two of the biggest stock markets in the U.S., Nasdaq and the New York Stock Exchange (NYSE) making moves to offer round-the-clock trading soon.

“We definitely see that this is where the markets are moving,” said Giang Bui, Nasdaq’s head of U.S. Equities & Exchange-Traded Products, speaking at the Digital Asset Summit in New York on Thursday. “There’s a lot of demand globally for U.S. stocks and people want to trade within the hours that they’re typically awake, and I think a lot of it is because people are used to trading crypto 24/7.”

Both Nasdaq and the NYSE are in the process of receiving approval to open their venues 24 hours a day, for five or even seven days a week. Nasdaq recently announced that it had begun engaging with regulators about the change while the NYSE has already received the green light.

Round-the-clock trading can have several advantages for markets, including increased volume and market liquidity as traders aren’t tied to specific time zones. Currently, the U.S. stock market opens for trading at 9:30 a.m. ET and closes at 4 p.m. ET.

“We’re hearing it across the board from global broker dealers, clients who they’re servicing, even within the U.S., there’s a number of U.S. brokers that already are offering overnight trading because their customers are used to trading crypto in those hours,” Bui added.

Nasdaq lists a number of crypto-related products, including the iShares Bitcoin Trust (IBIT), the spot ETF issued by BlackRock, which saw the most successful ETF debut in the history of U.S. ETF launches. Earlier today, the exchange listed two Solana (SOL) futures ETFs issued by Volatility Shares.

]]> https://earlybirdsinvest.com/nasdaqs-shift-to-round-the-clock-stock-trading-due-to-crypto-says-exchange-executive/feed/ 0 26265 US Heading for ‘Future Upheaval’ Due to Its Embrace of Crypto, Says ECB Governing Council Member: Report https://earlybirdsinvest.com/us-heading-for-future-upheaval-due-to-its-embrace-of-crypto-says-ecb-governing-council-member-report/ https://earlybirdsinvest.com/us-heading-for-future-upheaval-due-to-its-embrace-of-crypto-says-ecb-governing-council-member-report/#respond Tue, 18 Mar 2025 13:05:31 +0000 https://earlybirdsinvest.com/us-heading-for-future-upheaval-due-to-its-embrace-of-crypto-says-ecb-governing-council-member-report/

The Trump Administration’s embrace of crypto is reportedly putting international financial stability at risk, says Francois Villeroy de Galhau, a member of the European Central Bank’s (ECB) Governing Council.

Villeroy de Galhau tells the French news outlet La Tribune Dimanche that the US “risks sinning through negligence,” according to Bloomberg.

“Financial crises often originate in the United States and spread to the rest of the world. By encouraging crypto-assets and non-bank finance, the American administration is sowing the seeds of future upheavals.”

The ECB official, who serves as governor of France’s central bank, also argues that Europe isn’t at risk of a banking crisis because the European Union (EU) is doing a superior job of supervising crypto.

The ECB has also been pushing for a digital euro to counter US President Donald Trump’s embrace of dollar-pegged private sector stablecoins.

ECB board member Piero Cipollone said at a conference in January that Trump’s new executive order on crypto could drive people away from banks.

“I guess the key word here (in Trump’s executive order) is worldwide. This solution, you all know, further disintermediates banks as they lose fees, they lose clients… That’s why we need a digital euro.”

However, vocal opposition to the ECB’s digital euro project swelled after the institution’s payment system crashed last month.

TARGET2 (T2), the ECB’s real-time gross settlement system, went down in late February, which prevented payments from being processed for several hours.

German MP Markus Ferber, a member of the European People’s Party, says the outage was “a blow to the ECB’s credibility.”

“People will ask legitimate questions how the ECB will be able to run a digital euro when they cannot even keep their day-to-day operations running smoothly.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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]]> https://earlybirdsinvest.com/us-heading-for-future-upheaval-due-to-its-embrace-of-crypto-says-ecb-governing-council-member-report/feed/ 0 25827