The Zug-based private equity group, Partners Group, continues its growth trajectory, benefiting from a record in client acquisition. Despite a challenging market environment, the firm attracted substantial new funds in the billions last year.By the end of 2023, the Zug private equity group managed assets worth $146.9 billion, up from $135.4 billion at the end […]
A Solana-based maximum extractable value (MEV) bot has made a staggering $1.7 million from a single trade. This occurred when a trader made a $9 million purchase of the memecoin Dogwifhat (WIF) in a highly inefficient manner. The MEV bot, operated by 2fast, swapped 703 Solana SOL to 490,000 WIF and then swapped the same […]
The past year has highlighted the vulnerability of even Swiss banks, as evidenced by the decline of Credit Suisse. The industry must therefore increasingly face structural change, focusing primarily on customer loyalty and higher value retention, as shown by the latest banking barometer from consulting firm EY.“We will see a series of record results,” said […]
In a landmark decision, the US Securities and Exchange Commission (SEC) has approved all 11 Bitcoin ETF applicants, marking a significant milestone for the cryptocurrency industry. This move is expected to bring about a new era of inflows, institutional investments, and regulatory clarity, potentially reshaping the entire crypto market landscape.Market analyst Michael Van de Poppe […]
Cryptocurrency exchange Coinbase has joined forces with Africa’s Yellow Card to extend its product offerings to 20 new African nations. The primary focus of this partnership is to enhance the accessibility of the USD Coin (USDC) stablecoin.In a statement released on January 11, Coinbase expressed that this collaboration will pave the way for the future […]
The United States has made a significant breakthrough in the world of cryptocurrency by approving the trading of Bitcoin Exchange Traded Funds (ETFs). This historic moment marks the birth of a new asset class, making Bitcoin more accessible and affordable to trade than ever before. The cryptocurrency industry views this as a major victory after […]
Bitwise, a cryptocurrency index fund manager, has pledged to donate 10% of the proceeds from its Bitwise Bitcoin ETF to support the open-source development of BTC. This move comes in the wake of the recent approval of the investment product, a development that has been eagerly awaited within the industry.In a thread on X on […]
In the year 2024, the world of cryptocurrency is set to experience a significant season, dubbed ‘Crypto Summer’. This upcoming period is anticipated to bring about a unique set of changes and advancements in the field.One of the key expectations for this period is a surge in stability for Ethereum, one of the leading players […]
Bitwise Asset Management has pledged to donate 10% of the profits from the Bitwise Bitcoin ETF to non-profit organizations that support the open-source development of Bitcoin. The beneficiaries of this generous commitment include Brink, OpenSats, and the Human Rights Foundation’s Bitcoin Development Fund.In a statement on the Bitwise website, CEO Hunter Horsley expressed his excitement […]
In a historic move, the U.S. Securities and Exchange Commission (SEC) has approved the first U.S.-listed exchange-traded funds (ETFs) that track Bitcoin. This approval of 11 Bitcoin ETFs is causing a stir in the financial world, with both experts and investors predicting significant impacts on the cryptocurrency market. This development is of great importance for […]
