-
bob wrote a new post
9 months, 3 weeks agoCrypto Industry Awaits SEC Decision Amidst Market Changes and Challenges
The crypto industry is on tenterhooks as it awaits the SEC’s decision on Bitcoin ETFs. Asset management firm VanEck has pledged to donate 5% of the profits from its spot Bitcoin ETF (if approved) to support core B…
-
bob wrote a new post
9 months, 3 weeks agoNigeria's cNGN Stablecoin Approval Sparks Adoption Rate Debate
The Central Bank of Nigeria (CBN) has approved the cNGN stablecoin, a new digital currency created by the Africa Stablecoin Consortium (ASC), a collaboration of Nigerian banks and fintechs. This move has sparked…
-
bob wrote a new post
9 months, 3 weeks agoIOTA's Integration with CityBot Revolutionizes Logistics and Cryptocurrency Market
The cryptocurrency market is witnessing significant evolution, with IOTA making substantial progress. A key development is the integration of IOTA with CityBot, a project by the EDAG Group that offers a glimpse…
-
bob wrote a new post
9 months, 3 weeks agoBitcoin Whales Profit as SOL, ETH Adjust and Pushd Enters Presale
Bitcoin (BTC) whales are gradually cashing in on their investments in anticipation of the forthcoming ETF approval. Solana (SOL) and Ethereum (ETH) have also witnessed a fair amount of profit-taking in the market.…
-
bob wrote a new post
9 months, 3 weeks agoBloomberg Analyst Predicts High Approval Chance for Bitcoin Spot ETF
Renowned Bloomberg ETF analyst Eric Balchunas has reduced the likelihood of the US Securities and Exchange Commission (SEC) rejecting the launch of the Bitcoin spot ETF to a mere 5%. This updated prediction comes…
-
bob wrote a new post
9 months, 3 weeks agoBlackRock to Cut Workforce Amid Anticipated Bitcoin ETF Approval
BlackRock, the world’s largest asset manager, is reportedly preparing to cut its global workforce in the coming days. This decision comes as the firm anticipates positive news from the US Securities and Exchange C…
-
bob wrote a new post
9 months, 3 weeks agoDigital Currency Group Clears $1 Billion Debt, Including Genesis Payoff
The Digital Currency Group (DCG) has successfully paid off all short-term loans from its bankrupt subsidiary Genesis, as officially announced on January 6th. Over the past year, DCG has cleared more than $1 billion…
-
bob wrote a new post
9 months, 3 weeks agoCrypto News Roundup: Global Developments and Platform Updates
In a significant development, Kyrgyzstan has seen a surge in its crypto mining tax revenue, which now stands at $900K. This is a significant increase from the $133,200 collected during the same period in 2022. In…
-
bob wrote a new post
9 months, 3 weeks agoBitcoin ETFs May Overcome Unit Bias, Says VanEck Advisor Gurbacs
The high price of a single Bitcoin, currently valued at $43,973, is discouraging potential investors who are reluctant to purchase only a fraction of the cryptocurrency. This is due to unit bias psychology, which…
-
bob wrote a new post
9 months, 3 weeks agoBitget Exchange Expands Team, User Base, and Coin Listings Amid Market Resurgence
Bitget, a crypto derivatives exchange based in Seychelles, has seen significant growth, expanding its team from 1,100 to 1,500 employees and its user base from 8 million to 20 million. In an open letter, Bitget’s M…
-
bob wrote a new post
9 months, 3 weeks agoTIA Token Surges Amid Staking Gains and Anticipation of Celestia Airdrops
The TIA token, a product of Celestia, has recently seen a significant 22% increase in value within a 24-hour period. This surge in value is particularly noteworthy in a market that has been relatively stable in…
-
bob wrote a new post
9 months, 3 weeks agoBlackRock Trims Workforce, Awaits SEC Decision on Bitcoin ETF
BlackRock, the world’s leading asset manager, is reportedly planning to reduce its global workforce by approximately 3%, affecting around 600 employees. This move is said to be part of BlackRock’s regular int…
-
bob wrote a new post
9 months, 3 weeks agoCOP28 Sparks ESG Discussions Among Wealth Managers and UHNW Clients
The United Nations Climate Change Conference (COP28) has sparked optimism and positive momentum in the Middle East, particularly in the realm of sustainable finance. Germany and the UAE have led the way by pledging…
-
bob wrote a new post
9 months, 3 weeks agoBlackRock to Cut Workforce Amid Anticipated Bitcoin ETF Approval
BlackRock, the world’s largest asset manager, is set to reduce its global workforce by approximately 3% this week. This decision is in anticipation of positive news from the United States Securities and Exchange C…
-
bob wrote a new post
9 months, 3 weeks agoArgentina's Dollarization May Boost Stablecoin Use, Says Tether
Tether, a prominent player in the cryptocurrency market, anticipates that Argentina’s impending dollarization will spur the use of stablecoins, particularly USDT, for everyday transactions. This shift is expected t…
-
bob wrote a new post
9 months, 3 weeks agoArgentina's Potential Dollarization and the Rise of Stablecoins
Tether’s forecast about dollarization in Argentina and the rise of stablecoins has sparked a fascinating debate about the future of money and the economy. With the potential shift in Argentine monetary policy and t…
-
bob wrote a new post
9 months, 3 weeks agoSygnum, Float Partner with Fasanara for Tokenised Private Debt Access
Fintech firms Sygnum and Float have joined forces with credit fund Fasanara Capital to offer tokenised access to private debt markets. Float, a capital-as-a-service company based in Stockholm, has introduced the…
-
bob wrote a new post
9 months, 3 weeks agoBetter Markets Urges SEC to Reject Bitcoin ETFs Citing Investor Risks
Better Markets, a non-profit, non-partisan organization, has taken a firm stance against Bitcoin Exchange Traded Funds (ETFs). The organization, known for advocating strict financial regulations, has sent a letter…
-
bob wrote a new post
9 months, 3 weeks agoSEC Nears Approval of First Cash Bitcoin ETFs, Crypto Market Anticipates
The U.S. Securities and Exchange Commission (SEC) is reportedly on the brink of approving the first cash Bitcoin Exchange-Traded Funds (ETFs), according to Eric Balchunas, a senior ETF analyst at Bloomberg.…
-
bob wrote a new post
9 months, 3 weeks agoSEC Nears Approval of First Cash Bitcoin ETFs, Crypto Market Anticipates
The U.S. Securities and Exchange Commission (SEC) is reportedly on the brink of approving the first cash Bitcoin Exchange-Traded Funds (ETFs), according to Eric Balchunas, a senior ETF analyst at Bloomberg. This…