Standard Chartered venture arm to raise $250M for crypto fund: Report

SC Ventures, the venture arm of Standard Chartered, is set to launch a $250 million fund for digital asset investments in 2026, backed by Middle Eastern investors.

Editor’s Note: This fund represents a significant commitment to the growing digital asset market, highlighting the increasing interest from traditional financial institutions in innovative investment opportunities.

Standard Chartered warns that companies holding Bitcoin, Ethereum, and Solana are facing significant valuation challenges as digital asset treasury mNAVs collapse.

Editor’s Note: This situation is critical as it highlights the volatility and risks associated with digital assets. Investors and companies need to be aware of these challenges to navigate the market effectively.

Spot Bitcoin ETFs have attracted $260 million in inflows, potentially helping BTC break the $118,000 resistance level.

Editor’s Note: This is significant as breaking the $118,000 barrier could lead to a new price surge for Bitcoin, attracting more investors and boosting market confidence.

PayPal has launched a new service called PayPal Links, allowing users to create personalized payment links that can be shared via text messages, DMs, or emails. This innovation aims to simplify peer-to-peer transactions.

Editor’s Note: This development is significant as it merges communication with financial transactions, making it easier for users to send and receive money. It reflects PayPal's commitment to enhancing user experience in digital payments.

Today's crypto news covers the latest trends and events affecting Bitcoin, blockchain technology, DeFi, NFTs, Web3, and crypto regulations.

Editor’s Note: Staying updated on cryptocurrency developments is crucial for investors and enthusiasts alike. Understanding daily trends can help navigate the volatile market and make informed decisions.

Bitcoin and Ether exchange-traded funds (ETFs) have attracted over $600 million in investments, highlighting the growing interest in cryptocurrency markets.

Editor’s Note: This surge in investment reflects a positive trend in the cryptocurrency sector, indicating that more investors are looking to diversify their portfolios with digital assets. The popularity of crypto ETFs could lead to increased market stability and further adoption of cryptocurrencies.

Bitcoin's rapid growth is slowing down, indicating it may be reaching its technological limits.

Editor’s Note: This matters because it could affect investors' confidence and the future of cryptocurrency as a whole. Understanding these trends is crucial for anyone involved in the digital currency market.

Swiss banks UBS, Sygnum Bank, and PostFinance have successfully completed the first legally binding payment using blockchain technology, demonstrating its potential for bank deposits and institutional payments.

Editor’s Note: This milestone is significant as it showcases the practical application of blockchain in traditional banking, potentially transforming how financial transactions are conducted and increasing efficiency in the sector.