In a historic event, Grayscale, BlackRock, and Fidelity have led the debut of Bitcoin ETFs in the U.S., marking a significant step in integrating cryptocurrency with traditional financial markets. The launch saw a record-breaking $4 billion trading volume on the first day, reflecting robust investor confidence.Senior ETF Analyst, Eric Balchunas, highlighted the extraordinary level of […]
Cathie Wood, the CEO of ARK Invest, has made waves in the cryptocurrency market by revising her Bitcoin price predictions upward. This comes in response to the SEC’s recent approval of spot ETFs. Known for her bullish stance, Wood now predicts that the digital asset could potentially reach $1.5 million by 2030, surpassing her previous […]
The recent approval of 11 Bitcoin spot exchange-traded funds (ETFs) has sparked a fierce competition among asset management giants. Mike Novogratz, CEO of Galaxy Digital, predicts a showdown between Invesco, Fidelity, and BlackRock. The latter’s IBIT traded $7.5M shares within the first 10 minutes of its launch.Simultaneously, Everlodge, a disruptor in fractional vacation home ownership, […]
Amboise Partners, the asset manager distributing Altaroc’s private equity funds, continues its expansion with the opening of an office in Switzerland. The Swiss branch will be led by Julie Van Campenhoudt, who will be supported by Antoine Duchiron as Senior Product Specialist and Development Manager.Van Campenhoudt brings 17 years of experience in financial product sales. […]
The NEAR Foundation, the non-profit entity responsible for the NEAR protocol, has announced a significant reduction in its workforce. This strategic shift is aimed at streamlining operations and enhancing efficiency. The decision to cut 40% of its workforce, affecting 35 jobs, comes in response to feedback from the NEAR Foundation Council, which raised concerns about […]
In a significant move towards the future of finance, Basler Kantonalbank (BKB) has issued CHF 105 million in digital bonds. This pioneering step was taken with the support of the canton of Basel-City, marking a new era in the financial landscape.The issuance was advised by Homburger, a renowned name in the field. This development places […]
UBS Group AG has announced its intention to nominate Gail Kelly for election to its Board of Directors at the Annual General Meeting on April 24, 2024. Kelly, a seasoned professional in the financial services industry, is expected to bring her vast leadership experience to the Swiss multinational investment bank and financial services company.Throughout her […]
Bitcoin enthusiasts have a new reason to be optimistic. Samson Mow, a well-known figure and former CSO at Blockstream, has made a bold prediction for the future of Bitcoin. He foresees a massive price increase, which he has dubbed the “Omega Candle,” that could see Bitcoin reach a value of $1 million per coin. This […]
The United States Securities and Exchange Commission (SEC) has intensified its demands in the ongoing XRP lawsuit against Ripple Labs Inc. On January 11, 2024, the SEC filed a motion in the Southern District of New York, requesting Ripple to produce two specific categories of documents.The first demand is for Ripple’s financial statements for the […]
Despite the recent approval of a spot Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC), the South Korean government has reiterated its commitment to maintaining its ban on such products. South Korean regulators have made it clear that there will be no policy shift, and cryptocurrencies will not be recognized as […]
