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Are Meme Coins the Future of Cryptocurrency Investment, or a Risky Gamble?
10.11.2023
Honestly, there is no defined explanation for the term Meme coins; they are basically derived from the Memes that are viral on social media these days. It is a well-known fact that meme coins do not have any major use cases, and they just trend on the basis of viral news on the internet. So, …
Blackrock Files to Launch Ethereum Trust ETF on Nasdaq, Eyes Spot Crypto Market Entry
10.11.2023
In a significant development for cryptocurrency investment vehicles, Blackrock Inc., through its subsidiary Ishares Delaware Trust Sponsor LLC, has filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list shares of the Ishares Ethereum Trust on the Nasdaq. Blackrock Dives...
Spartan Capital Invests in DeFi Protocol Pendle in a Follow-on Funding Round
9.11.2023
Source: Medium/Spartan Group In a strategic move to boost the burgeoning landscape of decentralized finance (DeFi), Spartan Capital has announced its continued commitment to Pendle Finance through an over-the-counter (OTC) acquisition. We're excited to share that we have made a follow-on...
Frankfurt Stock Exchange to Look Into Digital Platforms for Expansion of Asset Classes
9.11.2023
The Frankfurt Stock Exchange has listed the creation of a digital asset platform making development areas of its “Horizon 2026” strategy. In a recent press release, Deutsche Borse, owner of the Frankfurt Stock Exchange gave an insight into its plans for growth, investment, and onboarding...
ARK Invest Adds $9.5M Worth of Robinhood Shares to Its Innovation Portfolios
9.11.2023
Source: Adobe Popular crypto-friendly investment firm ARK Invest has significantly increased its stakes in the commission-free investing app Robinhood. According to a November 8 investment sheet posted online, the investment firm secured 1,141,046 units of Robinhood shares, amounting to...
Standard Chartered and SBI Holdings Collaborate on $100 Million Crypto Investment Venture
9.11.2023
Source: Pixabay SBI Holdings and Standard Chartered’s investment arm, SC Ventures, have joined forces to set up a $100 million joint venture in the United Arab Emirates targeting crypto startups. In a statement released on Thursday, the two companies announced the launch of their Digital Asset...
Frankfurt Stock Exchange includes crypto trading facility in strategy-2026
9.11.2023
Deutsche Börse, the largest stock exchange in Germany, says it will accelerate the development of its blockchain-backed D7 digital securities registry and build a trading platform for digital assets
Standard Chartered, SBI Holdings Establishing $100M Investment Firm Targeting Crypto Startups
9.11.2023
SC Ventures and SBI Holdings' Digital Asset Joint Venture investment company will be established in UAE and focus on firms in market infrastructure, risk and compliance, DeFi and tokenization
Michael Saylor Expects Bitcoin Demand to Double After Halving and Spot Bitcoin ETF Approvals
9.11.2023
Microstrategy Chairman Michael Saylor expects the demand for bitcoin to double after the halving and the approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The Microstrategy executive says the next 12 months will be “pretty auspicious...
Smart Money Is Moving into This AI Crypto – Here’s Why
8.11.2023
Launchpad XYZ’s presale of its AI crypto LPX token has raised nearly $2 million so far. Image by Pol Solé, Adobe Stock. Artificial Intelligence‘s integration into the financial sector has sparked a new wave of investment strategies, particularly within the cryptocurrency industry....
UK Web3 Firm Pimlico Secures $4.2M Seed Investment Led by a16z Crypto
8.11.2023
a16z. Source : Twitter/CRYPTOPURITY.COM Pimlico, a UK-based Web3 company, has successfully closed a seed investment round worth $4.2 million, led by the major venture firm Andreessen Horowitz’s crypto arm a16z Crypto. The new funding round comes after a recent pre-seed round, and marks a “crucial...
Investment Advisor Two Prime Sees $2B in Demand for Bitcoin-Backed Loans
8.11.2023
"We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, " Two Prime's Alexander Blume said
OpenSea investor marks down stake in platform by 90%: Report
8.11.2023
OpenSea’s co-lead investor Coatue Management marked down its investment from $120 million to $13 million
Investment Firm Proof Group Eyes Revival of Bankrupt Crypto Exchange FTX
7.11.2023
Source: AdobeStock / Rafael Henrique Proof Group is one of three bidders eyeing a potential acquisition of the fallen crypto exchange FTX according to multiple sources familiar with the matter. The investment firm is already familiar with the crypto sector. As part of the Fahrenheit Consortium,...
Euro Stablecoin Startup StablR Secures €3.3 Million in Seed Funding
7.11.2023
Source: IQoncept / Adobe StablR, a euro stablecoin startup that began operating just over a year ago, has successfully raised €3.3 million ($3.5 million) in a seed funding round. The investment comes from a consortium of backers, including crypto derivatives exchange Deribit and venture firms Maven...
Today in Crypto: US SEC Candidates Unwilling to Divest Crypto Assets, BSC Ranks 4th in Q3 Fiat Losses
7.11.2023
Source: AdobeStock / MuhammadIlyas Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Career news The US Securities and Exchange Commission (SEC) is having trouble hiring crypto experts –...
Cogwise Real-Time Trading AI Model’s Test Phase Brilliance: Averaging 16.8% Weekly Returns
7.11.2023
In a groundbreaking development for the world of finance and investment, the Cogwise AI team has unveiled a cutting-edge feature that is poised to change the way traders make decisions. The innovative “AI News Aggregator” integrates advanced artificial intelligence and machine learning...
Cathie Wood Endorses Bitcoin ‘Hands Down’ Over Gold and Cash, Foresees Deflationary Economy
6.11.2023
Cathie Wood, the founder and CEO of Ark Investment Management, has an optimistic outlook on bitcoin’s future and she recently shared her enthusiasm on Bloomberg’s “Merryn Talks Money” podcast. In the conversation, when presented with the choice between gold, cash,...
FTX Seeks Bankruptcy Court Approval to Sell $744 Million Worth of Trust Assets, Including Grayscale and Bitwise Funds
6.11.2023
Bankrupt cryptocurrency exchange FTX and its debtors have sought approval from the bankruptcy court of Delaware to sell select trust assets, including funds from Grayscale and Bitwise, with an estimated value of $744 million. The proposed sale would be facilitated through an investment...
Robert Kiyosaki Breaks Down Rich Dad’s First Lesson — Says Bitcoin Provides ‘Lifelong Financial Security and Freedom’
5.11.2023
Rich Dad Poor Dad author Robert Kiyosaki has broken down Rich Dad’s lesson number one. Explaining in simple terms why the rich become richer, the renowned author said: “They understand the importance of preserving tangible assets, such as gold, silver, and bitcoin, which offer...