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Nalezeno "Finance": 13247

Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%

18.3.2024
Money management giant Fidelity wants to allow traders of its potential ethereum fund to be able to stake some of the assets, it wrote in an amendment with the U.S. Securities and Exchange Commission (SEC)

Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEO

18.3.2024
The current CEO Michael will step down “to pursue other opportunities.”

Solana’s Decentralized Exchange Platforms Eclipse Ethereum in Daily Trading Volume, Surpassing $2.8 Billion

18.3.2024
This week, SOL’s value has seen a significant increase, elevating its decentralized exchange (dex) platforms and propelling the layer one (L1) blockchain to a leading position in 24-hour dex trading volume. Solana’s dex platforms have amassed $2.802 billion in trade volume over...

Mehen Finance delivers USDM

18.3.2024
Mehen Finance, the company responsible for Cardano’s initial fiat supported stablecoin, has now introduced USDM. The procedure for onboarding institutional clients will commence soon, paving the way for USDM to make its on-chain presence felt in the following week. There was a period when a strong...

Sony Reportedly Halts PSVR2 Production As Headsets Fail To Sell

18.3.2024
The PlayStation VR2 is struggling, it seems. According to a March 17 Bloomberg report, Sony has paused of the PS5’s virtual reality headset after its initial supply has failed to pick up sales momentum, resulting in an overflow of unsold stock.Read more

Ether.Fi's Token Falls 20% After Debut

18.3.2024
Liquid restaking protocol Ether.Fi has issued its governance token (ETHFI) in the form of an airdrop and an over-subscribed Binance Launchpad round

Crypto Assets Suitable Only for Trading and Speculation, Not Currency Use: India’s Finance Minister

18.3.2024
Bitcoin's record high above $72,000 hasn’t changed the Indian government’s position on crypto, according to Finance Minister Nirmala Sitharaman. The post Crypto Assets Suitable Only for Trading and Speculation, Not Currency Use: India’s Finance Minister appeared first on Cryptonews

Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)

18.3.2024
The CFTC-regulated platform will let traders bet on whether BTC will outperform ETH this year and other price outcomes amid renewed interest in both crypto and prediction markets

Dave Ramsey Sides With Warren Buffett on Bitcoin — Calls BTC Currency Based on Thin Air

18.3.2024
Personal finance expert and best-selling author Dave Ramsey says he agrees with Berkshire Hathaway CEO Warren Buffett regarding bitcoin. Viewing the crypto as a currency whose value is based on “thin air,” Ramsey stressed: “I wouldn’t wish bitcoin investments on somebody...

Indian Finance Minister Says Crypto Assets Cannot Be Currencies — Expects ‘Some Framework Emerging’ From G20 Discussion

17.3.2024
Indian Finance Minister Nirmala Sitharaman has stated that it is the position of the Indian government that crypto assets cannot be currencies, which are issued by central banks. She clarified that crypto assets can be used for trading, speculation, profit-making, and various other purposes....

$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform

17.3.2024
Cetera Financial Group, a platform with $475 billion in assets under administration and $190 billion in assets under management, has approved four U.S. spot bitcoin exchange-traded funds (ETFs) for use in brokerage accounts on its platform. “We are prudently embracing bitcoin ETFs and...

‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios

16.3.2024
After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios. Vanguard’s CEO Confirms: No Change in Bitcoin...

Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says

15.3.2024
The bank raised its price target for the crypto exchange to $150 from $95

Transition from BRC-20 to BRC-420 Tokens Signifies ‘Maturation Within Bitcoin-Based Defi,’ Says Mithil Thakore

15.3.2024
While the Bitcoin network is poised to see significant growth in its Layer-2 (L2) ecosystem, “finding an optimal mechanism to maintain finality” on the network remains an inherent limitation that prevents this from happening, Mithil Thakore, the co-founder and CEO of Velar, has said....