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Bitcoin’s dip to $88K has some traders panicking, but experts argue that institutional investors and governments are quietly accumulating.

(Bloomberg) -- Cboe BZX Exchange Inc. is asking regulators to open the door for staking on a number of Ether-based exchange-traded funds, joining another platform in the race for investors to potentially earn passive income on their crypto holdings.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Phi

Trump's official memecoin was down on Tuesday, as cryptocurrencies faced a correction partly driven by ongoing trade tensions.

The fundraising was completed using PayPal's PYUSD stablecoin and was led by Paradigm.

Fold CEO Will Reeves discusses Bitcoin’s growing impact on traditional finance, the company’s public listing, and why he believes "the momentum is too large" to roll back Bitcoin adoption.

HIVE Digital Chairman Frank Holmes says Texas' Bitcoin reserve could have an even bigger impact than the national strategy, noting the state's strong pro-crypto stance and economic power.

Gold-backed tokens have enjoyed a resurgence in activity recently as gold prices hit record highs.