Tether Holdings Ltd, the stablecoin giant, is planning to invest $500 million into Bitcoin mining operations. This move marks a significant diversification of Tether’s core business and could have a major impact on the competitive mining sector. Tether’s strong financial position, with a cash surplus of $3.2 billion, enables the company to undertake such a […]
CoinShares, a major European asset manager, has secured an exclusive option to acquire Valkyrie’s crypto-focused exchange-traded funds (ETFs) by March 31, 2024. This deal allows CoinShares to purchase 100% of Valkyrie Funds from Valkyrie Investments, including all associated rights with the Valkyrie Bitcoin Fund and any other unlaunched ETFs held by Valkyrie Investments. As part […]
Kevin O’Leary, the well-known venture capitalist and star of “Shark Tank,” has endorsed M2, a new crypto exchange based in Abu Dhabi. M2 aims to challenge established industry leaders like Binance by focusing on regulation and institutional support. The exchange’s strategy is to become the world’s largest regulated crypto exchange, a departure from the previous […]
BlackRock, a prominent asset manager in the crypto industry, has expressed concerns about stablecoins, specifically Tether (USDT) and Circle’s USDC, and their potential impact on its proposed iShares Bitcoin spot Exchange-Traded Fund (ETF). Stablecoins, which are designed to maintain a stable value by pegging it to a specific asset or currency, have become important players […]
Smart analytics have revolutionized the investing landscape, empowering investors with valuable data and indicators to make well-informed financial decisions. These analytics offer insights into various aspects of the market, helping investors navigate the complexities of the crypto and Web3 space. By leveraging smart analytics, investors can save time, reduce emotional strain, and potentially increase their […]
Crypto exchange and wallet provider Blockchain.com has recently closed a $110 million Series E financing round, led by UK-based venture capital firm Kingsway Capital. This investment has resulted in a significant decrease in the company’s valuation, which now stands at less than half of its previous $14 billion valuation from March 2022. Other participants in […]
In the midst of discussions surrounding the potential approval of a Bitcoin spot price exchange-traded fund (ETF) in the United States, market analysts and cryptocurrency experts are divided on the future of Bitcoin’s price. Peter Schiff, a well-known critic of Bitcoin and advocate for gold, predicts a crash in the cryptocurrency’s value before the ETF […]
Global investment bank Goldman Sachs and French universal bank BNP Paribas have led a new funding round for blockchain-based wholesale payments firm Fnality. The company has raised £77.7 million ($95.09 million) in its second round of funding, with participation from settlement houses Euroclear and Depository Trust and Clearing Corporation, as well as other investors such […]
Crypto has become the preferred investment choice for new retail investors in France, surpassing stocks and exchange-traded funds (ETFs), according to a study conducted by France’s financial markets regulator, Autorité des Marchés Financiers (AMF), and the Organization for Economic Co-operation and Development (OECD). The study revealed that 9% of French adults own cryptocurrencies like Bitcoin […]
The investment landscape in France is experiencing a significant shift, with a growing interest in cryptocurrency among younger citizens. According to a recent study conducted by the Autorité des marchés financiers (AMF), nearly one in four French adults are engaged in investments in financial instruments or crypto-assets. This represents a considerable increase in retail investment […]
