Global

The State of Wisconsin Investment Board (SWIB) has entered the cryptocurrency market with a substantial investment of $99 million in BlackRock's Bitcoin ETFs, specifically iShares Bitcoin Trust (IBIT).

Mike Novogratz, CEO of Galaxy Digital, predicts that Bitcoin's price will fluctuate between $55,000 and $75,000 in the next month, potentially showing an upward trend towards the end of the current quarter.

The Insolvency Service of the UK government has closed down a cryptocurrency advisory company due to financial mismanagement and the misplacement of investors' funds.

South Korea's National Tax Service (NTS) revealed that it has sold off crypto assets worth over $800,000, which were previously seized from individuals involved in tax evasion.

Vitalik Buterin, the co-founder of Ethereum, has introduced a new Ethereum Improvement Protocol (EIP-7706) focused on revising the gas model for transaction call data.

Deutsche Bank, a German multinational investment bank, is teaming up with the Monetary Authority of Singapore (MAS) on asset tokenization.