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BlackRock's BUIDL becomes the world’s largest tokenized treasury fund
1.5.2024
It took less than six weeks for the BlackRock USD Institutional Digital Liquidity Fund to surpass Franklin Templeton’s one year old tokenized treasury fund
AI takes center stage as Microsoft and Google earnings signal booming market
26.4.2024
Microsoft and Google's Q2 earnings reports highlight significant revenue and profit increases, driven by their investments and advancements in AI technologies
Bitcoin miner Marathon increases 2024 hash rate target to 50 EH/s
26.4.2024
If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024
Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue
25.4.2024
Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company anticipates its expenses will soar to between $96 billion...
Meta drops 15% on weak outlook and high AI and metaverse spending
25.4.2024
Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products
Bitcoin outperforms Tesla stock for the first time since 2019
23.4.2024
Bitcoin price is outperforming Tesla stock for the first time since 2019, though the EV giant still maintains a sizeable BTC stash
NYSE Considers 24-Hour Trading Model in Response to Crypto Market Trends
22.4.2024
Cryptocurrency markets operate continuously, trading every day of the week, around the clock. In a similar vein, reports indicate that the New York Stock Exchange (NYSE) is exploring the possibility of shifting to 24/7 operations. The data team at NYSE has conducted a survey among its investors...
London Mayoral Candidate Brian Rose Plans To Give Constituents £100 Worth Of New Crypto Token If Elected
11.4.2024
Brian Rose, a candidate for mayor of London, revealed he would give city residents £100 worth of a new crypto token if elected as part of his plans to make the capital a “crypto-friendly city,” a statement posted by the mayoral hopeful posted to X reveals. If elected, Londoners would have...
Japanese Firm Metaplanet to Add $659M in Bitcoin to Its Treasury, Shares Soar 90% in Response
9.4.2024
According to the latest figures, Metaplanet, a company listed on the Japanese stock exchange, witnessed its share price soar by nearly 90% in just one day. This significant jump came on the heels of the company’s announcement regarding its intention to incorporate 1 billion yen in bitcoin...
LSEG’s LCH Secures Regulatory Nod for Bitcoin Index Derivatives Clearing
9.4.2024
The London Stock Exchange Group’s (LSEG) Parisian clearinghouse affiliate CH SA announced Monday that it received regulatory approval to provide clearing services for Bitcoin index futures and options contracts.
The post LSEG’s LCH Secures Regulatory Nod for Bitcoin Index Derivatives Clearing...
MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark
8.4.2024
The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock
Galaxy Digital's Strong Earnings Will Carry Into Current Quarter, Analyst Says
26.3.2024
Improved crypto market conditions due to anticipation of spot bitcoin ETF approval helped boost earnings, the report said
Hong Kong Likely To Allow In-Kind Creations for Spot Bitcoin ETFs: Bloomberg
26.3.2024
Hong Kong’s financial regulator, the Hong Kong's Securities and Futures Commission (SFC), is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year, according to a report from Bloomberg Intelligence
London Stock Exchange to Roll Out Crypto ETNs on May 28
26.3.2024
London Stock Exchange signalled that it would start accepting applications for physically-backed crypto ETNs from April 8.
The post London Stock Exchange to Roll Out Crypto ETNs on May 28 appeared first on Cryptonews
London Stock Exchange Will Start Market for Bitcoin and Ether ETNs May 28
25.3.2024
The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8
Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike
13.3.2024
Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would...
London Stock Exchange Accepting Crypto ETN Apps Positive Move, FCA Remains Out of Step?
13.3.2024
The London Stock Exchange has confirmed that it will begin accepting applications for bitcoin and ether exchange-traded notes (ETNs) in the second quarter of 2024 – but the Financial Conduct Authority (FCA) approving any of these products for UK retail investors is still very unlikely, say European...
Coinbase Gets Another Upgrade, This Time at Raymond James, as Bears Capitulate
12.3.2024
The brokerage firm lifted its rating on the crypto exchange’s shares to market perform from underperform
London Stock Exchange Embraces Digital Assets by Accepting Crypto ETN Applications
12.3.2024
In a pivotal announcement, the London Stock Exchange (LSE) has shared its plans to accept bitcoin and ethereum exchange-traded note (ETN) applications, signaling a significant shift toward incorporating digital currencies into mainstream financial markets. LSE Announces Acceptance of Crypto ETNs...
UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market
11.3.2024
Products would be available to professional investors while retail consumers remain banned, the regulator said