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blockonomi.com U.S. Bitcoin Act Could Unlock $1.5 Trillion From Gold Conversion

TLDR: The Lummis Bitcoin Act could convert gold certificates into Bitcoin, injecting up to $1.5 trillion into U.S. reserves. The Treasury may reprice gold from $42.22 to $4200 per ounce to fund Bitcoin purchases worth $90–200 billion yearly. The Federal Reserve’s gold revaluation would create an internal cash credit for Bitcoin acquisitions without selling gold. [...] The post U.S. Bitcoin Act Could Unlock $1.5 Trillion From Gold Conversion appeared first on Blockonomi.

blockonomi.com BlackRock Dumps Bitcoin for Ethereum Amid Crypto Market Turmoil

TLDR BlackRock sold over $28 million worth of Bitcoin during a sharp decline in the crypto market. The firm bought more than $45 million in Ethereum shortly after selling its Bitcoin holdings. BlackRock’s iShares Bitcoin Trust recorded a $29.46 million outflow in a single day. The iShares Ethereum Trust saw a $46.9 million inflow which [...] The post BlackRock Dumps Bitcoin for Ethereum Amid Crypto Market Turmoil appeared first on Blockonomi.

blockonomi.com Ethereum Treasury Set to Grow as Huobi Founder Leads $1B Initiative

TLDR Huobi founder Li Lin is launching a $1 billion Ethereum treasury firm, backed by major Asian investors. The planned firm will acquire and hold Ethereum as its core reserve asset to boost long-term institutional demand. Avenir Capital has committed $200 million while Asian institutional investors have added another $500 million. The group is in [...] The post Ethereum Treasury Set to Grow as Huobi Founder Leads $1B Initiative appeared first on Blockonomi.

blockonomi.com Binance Faces New AML Scrutiny as France Expands Crypto Probe

TLDR: France expands AML checks on major crypto exchanges to ensure tighter compliance with EU financial rules. Binance is cooperating with French regulators during an ongoing review of its AML procedures and reporting systems. The AML sweep is part of France’s broader push to align with the upcoming EU MiCA framework. Regulators are increasing pressure [...] The post Binance Faces New AML Scrutiny as France Expands Crypto Probe appeared first on Blockonomi.

bitcoinist.com Ripple Just Embedded XRP Into The World’s Treasury Plumbing, Experts Explain

Ripple’s agreement to acquire GTreasury has triggered a sharp, technically informed reaction on X, where several long-time market observers argue the deal quietly routes XRP and Ripple’s stablecoin ambitions into the center of corporate finance. Their case rests on where GTreasury sits in the value chain, what it already connects to, and how Ripple can […]

blockonomi.com Huobi Founder Plans Massive $1 Billion Ethereum Fund

TLDR: Huobi founder Li Lin is forming a $1B Ethereum-focused firm to manage long-term ETH treasury operations. The venture targets stronger ETH demand through on-chain accumulation and strategic liquidity management. Bloomberg reported the firm will run independently from Huobi and focus solely on Ethereum assets. Growing Asian institutional interest in Ethereum may accelerate ETH price [...] The post Huobi Founder Plans Massive $1 Billion Ethereum Fund appeared first on Blockonomi.