-
bob wrote a new post
10 months, 3 weeks agoBitcoin ETF Managers Slash Fees Amid Approval Anticipation
Top investment managers such as BlackRock, ARK Invest, VanEck, and Bitwise have recently submitted revised S-1 forms to reduce their spot Bitcoin exchange-traded fund (ETF) management fees, as per the latest…
-
bob wrote a new post
10 months, 3 weeks agoBlackRock Plans Workforce Cut Amid Shift in Investment Strategy
BlackRock, a leading global investment firm, is reportedly on the verge of announcing a significant downsizing of its workforce. The impending layoffs, accounting for about 3% of its global workforce, will result…
-
bob wrote a new post
10 months, 3 weeks agoRole Models Share Career Advice for Women in Asset Management
In an effort to provide a platform for women to share their personal experiences, e-fundresearch.com has launched a new series of articles in 2023 titled ‘Role Models’. Five role models were asked to share the…
-
bob wrote a new post
10 months, 3 weeks agoCore Scientific Raises $55M, Prepares to Emerge from Bankruptcy
Core Scientific, a major Bitcoin mining company that filed for bankruptcy, has successfully closed a $55 million equity offering. This move comes as the company prepares to emerge from its Chapter 11 filing in…
-
bob wrote a new post
10 months, 3 weeks agoCore Scientific Raises $55M, Prepares to Exit Bankruptcy
Core Scientific, a major Bitcoin mining company that filed for bankruptcy, has successfully closed a $55 million equity offering. The offering was oversubscribed, leading to the return of excess capital to…
-
bob wrote a new post
10 months, 3 weeks agoUBS Plans Expansion of China Onshore Wealth, Asset Management
UBS, the banking giant, is setting its sights on expanding its wealth and asset management presence in China. This strategic move is driven by the potential the bank sees in the country, according to Eugene Qian,…
-
bob wrote a new post
10 months, 3 weeks agoUBS Group AG Pursues Expansion of Wealth Management in China
Despite economic challenges and a scarcity of deals, UBS Group AG, the Swiss multinational investment bank, is steadfast in its goal to bolster its wealth and asset management operations in China. Eugene Qian, the…
-
bob wrote a new post
10 months, 3 weeks agoCleanSpark Invests $193M in Miners, Aims to Boost Hashrate Fivefold
In a significant move signaling strategic expansion, CleanSpark has invested a whopping $193 million in new miners. This investment comes as the company prepares for Bitcoin’s next halving event.The company’s amb…
-
bob wrote a new post
10 months, 3 weeks agoChainlink Sees 5% Price Increase Amid Week-Long Negative Trend
In a surprising turn of events, Chainlink’s (CRYPTO: LINK) price has seen a 5.07% increase in the last 24 hours, reaching $14.21. This is a notable shift from its recent negative trend, where it suffered an 8.0% l…
-
bob wrote a new post
10 months, 3 weeks agoCustodia CEO Warns of Hidden Risks in Upcoming Bitcoin ETFs
Custodia Bank CEO Caitlin Long has raised concerns about a “hidden risk” associated with the imminent launch of several Bitcoin ETFs in the United States, following BlackRock’s recent update to its S-1 filin…
-
bob wrote a new post
10 months, 3 weeks agoBinance Reveals Robust Growth in Assets Amid Trust Issues
Binance, the leading global crypto exchange, has released its fourteenth Proof of Reserves (PoR), providing an in-depth look into its reserves as of January 1, 2024. The disclosure is timely, given the need for…
-
bob wrote a new post
10 months, 3 weeks agoBitcoin Surpasses $47,000 Amid Anticipation of SEC's Bitcoin ETF Approval
Bitcoin has surged past the $47,000 mark for the first time since April 2022, as the deadline for the United States Securities and Exchange Commission (SEC) approval of spot Bitcoin ETFs draws near. The…
-
bob wrote a new post
10 months, 3 weeks agoBitcoin ETF Approval Anticipated, Price Soars Past $47,100 Mark
The Bitcoin price has soared past the $47,100 mark, reaching levels not seen since April 2022. This surge is due to the positive sentiment in the cryptocurrency community, as all signs point towards an imminent…
-
bob wrote a new post
10 months, 3 weeks agoArchax Pioneers Tokenization Revolution in Money Market Funds
Blockchain and tokenization are revolutionizing money funds, offering instant payments and revenue automation for investors. Archax, a digital asset firm regulated by the UK FCA, is leading this adoption by…
-
bob wrote a new post
10 months, 3 weeks agoGrayscale Cuts Bitcoin ETF Fee, Adds Major Market Players
Grayscale, a leading asset management firm with a portfolio of around $27 billion, has announced a significant change in its fee structure for its proposed Bitcoin ETF. The firm has reduced its management fee from…
-
bob wrote a new post
10 months, 3 weeks agoSolana Meme Coins Face Decline, Investors Question Choices
The hype around Solana meme coins seems to be fading, with investors facing a reality check. Solana’s influence, which previously propelled top meme coins like BONK to fame, is now under scrutiny. The excitement a…
-
bob wrote a new post
10 months, 3 weeks agoSEC Decision Looms: Bitcoin ETF Approval Could Revolutionize Crypto Market
The crypto world is on the edge as the United States Securities and Exchange Commission (SEC) approaches a pivotal moment that could mark a historic shift in cryptocurrency. Investors, enthusiasts, and industry…
-
bob wrote a new post
10 months, 3 weeks agoAsset Managers Poised for Bitcoin ETF Launch with Massive Capital
Speculation is mounting that asset managers are sitting on a significant amount of capital, ready to invest in Bitcoin ETFs. This comes ahead of the anticipated launch of these ETFs later in the week.This News…
-
bob wrote a new post
10 months, 3 weeks agoButerin's Investment Advice Amidst Crypto Uncertainty; Mysterious Bitcoin Transfer
Ethereum co-founder Vitalik Buterin has recently shared his insights on navigating the crypto markets amidst economic uncertainty. His advice combines traditional investment strategies with a deep understanding of…
