Category: crypto

Harvard Management Company reduced its stake in a major Bitcoin exchange-traded fund by 21%, cutting around 1.5 million shares. Despite this, Bitcoin remains one of the endowment’s largest holdings, valued at $265 million. They also established a new $86.8 million position in an Ethereum ETF, marking their first investment in Ether.

Binance founder Changpeng Zhao believes that fully transparent on-chain transactions in crypto expose sensitive business data and salaries, hindering real-world adoption of crypto payments. He argues for stronger privacy tools to protect financial information and warns of the dangers of AI-driven forgery and identity abuse in the digital landscape.

XRP Ledger holds 63% of tokenized U.S. Treasury supply, but trading is still dominated by Ethereum and layer-2 networks. Aviva Investors’ partnership with Ripple could bring large-scale fund tokenization to XRPL. XRPL’s role in the tokenized asset market is uncertain as most activity remains on other networks.

Bitcoin’s price is fluctuating below a crucial support level as liquidations increase and the CVDD metric suggests further downside risk. Market observers note that the digital asset has fallen below key support and faces potential short-term declines, with multiple support levels below the current price that could attract accumulation if the downside continues.

Apollo Global Management is deepening its involvement in decentralized finance through a long-term collaboration with the Morpho Association. Over the next 48 months, Apollo will acquire up to 90 million MORPHO tokens. This partnership strengthens Morpho’s lending infrastructure and governance. Institutional partnerships with Bitwise and Flare have also contributed to Morpho’s growth in decentralized lending.

Democratic senators are urging a national security review of a $500 million UAE-linked investment in World Liberty Financial, a crypto firm connected to Donald Trump and his family. Senators Elizabeth Warren and Andy Kim raised concerns about potential foreign influence and access to sensitive financial data, setting a March deadline for answers from the Treasury.

Kevin O’Leary won a $2.8 million defamation judgment against crypto influencer Ben “BitBoy Crypto” Armstrong after he falsely accused O’Leary of murder in a 2019 boating accident cover-up. Armstrong failed to respond in court, resulting in default judgment. The damages awarded included $2 million in punitive damages.

Bitcoin price is currently at $68,500 ahead of Chinese New Year, a time historically associated with volatility in crypto markets. Some traders believe that Asian traders may sell off assets before the holiday, while others are optimistic due to retail users accumulating BTC and ETH. Technical analysis shows support at $65,000 and resistance at $72,000.

Aave is shifting towards financing real-world infrastructure like solar energy through tokenized assets. Founder Stani Kulechov believes this strategy will improve liquidity, lower required returns, and make projects more attractive. This move aims to create a new model for DeFi growth, focusing on productive assets and long-term value over speculative investments.

Hackers are sending fake letters impersonating Trezor and Ledger to steal cryptocurrency recovery phrases. The letters contain phishing QR codes that lead to malicious websites requesting recovery phrases. Hardware wallet companies never ask for recovery phrases. The phishing letters create urgency and pressure recipients to act quickly by threatening limited functionality.