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Mining Company CEO Claims Silver Deficit Is Growing, Institutions Might Drive Prices Higher
16.7.2024
Keith Neumeyer, CEO of First Majestic Silver, a Canada-based mining company, discussed the silver production deficit in today’s precious metals markets. Neumeyer stated that while retail investors are interested in silver, institutions have to enter the market, supporting the activity...
Nigerian Central Bank Warns Financial Institutions Against Rejecting Old or Lower Denomination US Dollars
3.7.2024
The Central Bank of Nigeria warned local financial institutions against rejecting older or lower-denomination U.S. dollar banknotes. The apex bank said it will take strong action against financial institutions that refuse to accept mutilated or overcirculated local currency banknotes. Older U.S....
Crypto Whales & Institutions Shift Focus on Chainlink’s LINK
2.7.2024
Crypto whales are known to hold markets in bear seasons and propel them in bull seasons. Heavyweight investors have shifted their focus to Chainlink. According to a market analysis by Lookonchain, whales are buying a lot of $LINK. LINK gets whales and institutional attention According to...
Tether signs MoU to promote crypto freedom in Turkey
2.7.2024
Stablecoin giant Tether is eager to learn about the possibilities of introducing new business lines into Turkey's banking in cooperation with the local crypto firm BTguru
Big banks rush in to test ECB’s wholesale distributed ledger tech
24.6.2024
The new participants in the European Central Bank’s DLT tests include major financial institutions
Trader claims to lose $310K on dodgy exchange pitched in LinkedIn request
14.6.2024
The investor said they learned about the exchange from a “random friend request on LinkedIn.”
Bitcoin market in flux: Institutional investors, price drops, and miner capitulation
12.6.2024
Bitcoin has recently witnessed a whirlwind within the finance world, with a relatively stable price ranging from a support level of $66,177.99 to a resistance level of $67,597.89 at 9.08 AM (GMT). However, not all have been merry in the crypto market for BTC. With gyrating exchange rates, corporate...
US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged
4.6.2024
U.S. banks reported an alarming increase in unrealized losses and a growing list of institutions at risk of failure in the first quarter of 2024, according to the latest U.S. Federal Deposit Insurance Corporation (FDIC) data. The FDIC report highlights $517 billion in unrealized losses...
Solana emerges as an institutional favorite following PayPal USD launch
4.6.2024
Solana could emerge as a leading blockchain for payments institutions. Is a Solana-based ETF next?
EU elections 'wildcard' could pave the way for first Ether ETF
3.6.2024
The outcome of the elections will be a pivotal moment for the implementation of the MiCA regulatory framework and the approval of the first spot Ether ETF
Crypto Voter Backlash: How Biden’s Veto May Have Cost Him the 2024 Election
2.6.2024
After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to approve several spot ethereum exchange-traded funds (ETFs). However, President Joe Biden...
Financial institutions face rising threat from sophisticated AI fraud
30.5.2024
Many financial institutions are struggling to keep up with the rising sophistication of AI-driven fraud, creating a critical need for enhanced detection and prevention methods
AI-Driven Fraud on the Rise, Financial Institutions Unprepared, Reveals Report
30.5.2024
A new report by Signicat, the European digital identity and fraud prevention solutions provider, reveals that artificial intelligence (AI) is used in over a third of fraud attempts targeting financial institutions, with one in fifteen fraud attempts now using deepfakes. The study, titled “The...
Central banks turn to generative AI for enhanced cybersecurity: BIS
28.5.2024
Central banks are increasingly adopting generative AI for cybersecurity, with a BIS report indicating that 71% are already using it and more planning to follow
Institutions Will Require Data Management Tools For Digital Asset Adoption
17.5.2024
Institutions adopting digital assets will require data management tools to ensure transparency and risk assessment.
The post Institutions Will Require Data Management Tools For Digital Asset Adoption appeared first on Cryptonews
Bitcoin Price Pumps Higher as Morgan Stanley Reveals Significant Holdings in US Spot Bitcoin ETFs – Here’s the Latest
16.5.2024
The Bitcoin (BTC) price has been pumping higher this week in wake of US CPI data that pointed at moderating price pressures, and as major financial institutions including Morgan Stanley reveal significant holdings in US spot Bitcoin ETFs.
The post Bitcoin Price Pumps Higher as Morgan Stanley...
Tokenized Treasuries Are An Emerging Asset Class, But RWA Adoption May Take Time
16.5.2024
Tokenized treasuries are becoming a global asset class according to S&P Global Ratings, as these provide a number of benefits to institutions
The post Tokenized Treasuries Are An Emerging Asset Class, But RWA Adoption May Take Time appeared first on Cryptonews
Over 600 firms reveal billions in combined investment in Bitcoin ETFs
16.5.2024
Millennium Management is the largest Bitcoin ETF investor with a $1.9 billion investment
Millennium Management discloses $2B in Bitcoin ETF holdings
16.5.2024
International hedge fund Millennium Management has reported it holds $1.94 billion across five different spot Bitcoin ETF products
Wall Street Giants, JPMorgan’s Onyx Eye Industrializing Blockchain PoCs
12.5.2024
Leading financial institutions on Wall Street are shifting their focus towards industrializing proofs-of-concept (PoCs) developed within the blockchain experiment known as Project Guardian.
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