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Investment Manager Shorts MicroStrategy, Calls Bitcoin Premium “Unjustifiable” — Is There Trouble Ahead?
28.3.2024
Analysts call MicroStrategy's Bitcoin premium "unjustifiable," asserting the stock is due for a 50% correction.
The post Investment Manager Shorts MicroStrategy, Calls Bitcoin Premium “Unjustifiable” — Is There Trouble Ahead? appeared first on Cryptonews
Amazon Announces Minority Ownership in ChatGPT Rival Anthropic AI, Completing $4 Billion Investment Deal
28.3.2024
Amazon has invested $4 billion in the artificial intelligence (AI) startup Anthropic, solidifying its minority ownership in the company.
The post Amazon Announces Minority Ownership in ChatGPT Rival Anthropic AI, Completing $4 Billion Investment Deal appeared first on Cryptonews
Goldman Sachs Says ‘Many of Our Largest Clients’ Getting Active in Crypto
27.3.2024
Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of interest and activities from our clients,” said...
‘MEW’ Cat Coin Goes Viral on Solana and This Dog-Coin Could Be Next to Explode
27.3.2024
Solana meme coins continue to dominate the market, and in the latest move Mew Cat Coin (MEW) has exploded after going viral on X. This article will provide an analysis of MEW’s current price trends, and look to see whether the latest incarnation of Dogecoin, represents a more promising...
HSBC Launches Gold Token Service for Retail Investors in Hong Kong
27.3.2024
Banking giant HSBC is now allowing retail investors in Hong Kong to buy real gold through digital tokens. The new gold investment is available through the bank’s online banking service and app.
The post HSBC Launches Gold Token Service for Retail Investors in Hong Kong appeared first on Cryptonews
OKX Venture announces its investment in Pre-seed Round for Nubit
26.3.2024
OKX Venture released its latest notification for expanding its investment in Nubit, which is the first scalable data available in a layer for Bitcoin. This will be a revolutionary landscape for the company in terms of expanding blockchain technology for users. The approach aims to innovate...
South Korean Police Capture Fraudsters Who Stole $4.1 Million in Crypto Investment Scam
26.3.2024
The Haeundae Police Station in Busan, South Korea, has caught a pair of fraudsters who stole $4.1 million from a senior citizen with the promise of profitable crypto investments.
The post South Korean Police Capture Fraudsters Who Stole $4.1 Million in Crypto Investment Scam appeared first...
Binance Faces Regulatory Hurdles as Philippines SEC’s Ban on Binance Takes Effect
25.3.2024
The Philippines SEC's Ban on Binance prohibits local access to the exchange's website and applications. This decision stems from Binance's alleged unlicensed operations and offering of investment opportunities to Filipinos.
The post Binance Faces Regulatory Hurdles as Philippines SEC’s Ban...
Digital Asset Investment Products See Record Outflows of $942M After 7-Week Inflow Streak
25.3.2024
Digital asset investment products experienced a record outflow of $942 million from March 16 to 22, marking the end of a seven-week streak of substantial inflows totaling $12.3 billion.
The post Digital Asset Investment Products See Record Outflows of $942M After 7-Week Inflow Streak appeared...
GRAPH Token Goes Viral on Solana and This New Dogecoin ICO is Poised for Takeoff
25.3.2024
In the latest dazzling Solana meme coin pump, a Graph token spin-off called ‘SOLGraph’ has skyrocketed in popularity as prices hit new highs. This article will provide an analysis of GRAPH’s current price trends, and look to see whether the latest incarnation of Dogecoin, represents...
BlockDAG Becomes Top Crypto Investment with $8.30M Presale, Surpassing Avalanche, and Flare’s Market Predictions
25.3.2024
While Avalanche and Flare navigate their market positions, BlockDAG has surged to the summit of crypto presales, with an $8.30 million presale. It also promises an unprecedented 5000X ROI potential. This detailed analysis contrasts BlockDAG’s impressive ascent with Avalanche’s market...
Layer 1 Blockchain Mantra Secures $11 Million from Latest Investment Funding Round
25.3.2024
Mantra, the Layer 1 blockchain for real-world assets (RWA), recently raised $11 million in an investment round that was led by Shorooq Partners. Mantra said the raised funds will also be used to provide developers with the tools they need to create RWA protocols and to expand the tokenization...
Economists Rally Behind Honduras in $10.8 Billion Legal Fight Over Crypto Island Project
21.3.2024
A group of 85 economists has supported the Honduran government’s decision to leave the World Bank’s arbitration body, the International Centre for Settlement of Investment Disputes (ICSID), amidst a legal conflict with the crypto island project Próspera Inc., which seeks $10.8 billion...
Coinbase to Provide Key Infrastructure for Blackrock’s Tokenized Investment Fund
21.3.2024
Coinbase has been chosen as a key infrastructure provider for Blackrock’s newly unveiled tokenized investment fund, the crypto exchange has revealed. “This is the latest progression of our digital assets strategy,” said Blackrock’s head of digital assets. “We are focused...
PEPEJump Pumps Up 70,179% in 24 Hours as New Dogecoin Project Raises $3 Million
20.3.2024
As meme coin markets remain supercharged hives of activity, a new ERC-20 meme coin – PEPEJump has skyrocketed +70,179%. This article will provide an analysis of PEPEJump’s current price trends and look to see whether a new meme coin presale, Dogecoin20, represents a more promising investment...
Bitcoin: Mixed signals – Investment spree, stock slump, and El Salvador’s reliance
20.3.2024
Bitcoin is down by 4.465 in the last 24 hours and 14.80% in the last 7 days at the time of writing this article. There are now two ways to look at this situation: investors are betting big on the future scope of the token by accumulating BTC in higher numbers, and others are feeling …
BlackRock Launches New Fund with Securitize, Hinting at Move Into Tokenization
20.3.2024
Investment management firm BlackRock is launching a new fund in collaboration with Securitize, as per a recent SEC filing. The fund, registered in the British Virgin Islands, operates as a pooled investment fund.
The post BlackRock Launches New Fund with Securitize, Hinting at Move Into...
Blackrock Aims to Launch Tokenized Investment Fund, Seeks SEC Nod for ‘BUIDL’ Fund on Ethereum
20.3.2024
The globe’s most substantial asset manager by assets under management, Blackrock, has submitted a form to the U.S. Securities and Exchange Commission (SEC) for the initiation of a tokenized investment fund. Additionally, the community has unearthed the development of a token named...
Paradigm Supports Coinbase’s Case Against the SEC, Files Amicus Curiae Brief
19.3.2024
Paradigm has filed an amicus curiae brief supporting Coinbase in its legal battle against the SEC. The crypto investment firm argues that the SEC's refusal to provide clear regulatory guidance for digital assets is hindering compliance efforts and pushing businesses overseas. Coinbase's case...
CoinShares Report: Investors Remain Bullish on Bitcoin Despite Market Downturn
19.3.2024
A report by CoinShares on the performance of Bitcoin investment products sheds new light on how the recently launched spot Bitcoin ETFs, together with bullish investment, have helped the products post all-time high inflows last week. Published yesterday, the digital asset manager’s findings...