Rootoshi
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10 months, 1 week agoUBS Allows Select Clients to Trade Bitcoin ETFs, Citigroup Evaluates
UBS, a leading banking institution based in Zürich, is set to allow certain clients to trade bitcoin ETFs, albeit under specific conditions, as revealed by an anonymous source close to the bank. The stipulations…
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10 months, 1 week agoCoinShares to Acquire Valkyrie Funds, Expanding US Digital Asset Offerings
CoinShares, a European investment company, has announced its decision to acquire Valkyrie Funds LLC, the investment advisory arm of US digital asset manager Valkyrie Investments Inc. This move is a direct response…
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10 months, 1 week agoBlackRock CEO's Interest in Ethereum ETFs Signals Crypto Market Shift
Larry Fink, CEO of BlackRock, the world’s largest asset management firm, has recently shown a keen interest in Ethereum ETFs (exchange-traded funds). This interest marks a potential turning point in the digital f…
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10 months, 1 week agoBitcoin ETFs Launch in US: Impact on Prices and Future Predictions
Bitcoin ETFs, backed by actual bitcoin, made their debut on US exchanges on Thursday, following over a decade of attempts. However, this development has had little impact on bitcoin’s price. After the ETFs went l…
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10 months, 1 week agoCircle Confidentially Files for IPO Amid Cryptocurrency Market Surge
Stablecoin firm Circle has confidentially filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). This marks a significant shift for the company, which is making another…
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10 months, 1 week agoWarren Criticizes SEC's Bitcoin ETF Approval, Pushes for Crypto Regulation
Senator Elizabeth Warren, a member of the Senate Banking Committee, has publicly criticized the Securities and Exchange Commission (SEC) for its recent approval of 11 spot Bitcoin exchange-traded funds (ETFs).…
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10 months, 1 week agoEthereum Could Reach $10,000 This Year, Predicts Crypto Expert Sassano
Crypto expert Anthony Sassano has offered a bullish outlook for the Ethereum ecosystem, predicting that Ethereum could reach a new all-time high this year. Sassano specifically suggested that Ethereum could rise to…
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10 months, 1 week agoUS House Committee Forms Bipartisan AI Working Group for Finance
The United States House of Representatives Financial Services Committee (FSC) has initiated a working group on artificial intelligence (AI) to delve into the impact of AI on the financial services and housing…
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10 months, 1 week agoCathie Wood Raises Bitcoin Price Target to $1.5 Million Post ETF Approval
ARK Invest CEO Cathie Wood has recently updated her Bitcoin price predictions, presenting a bullish scenario of $1.5 million, a significant increase from her previous estimate of $1 million. This optimistic…
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10 months, 1 week agoBinance Expands Margin Trading Amidst Solana's 5% Price Drop
Binance, the world’s largest cryptocurrency exchange, has expanded its margin trading offerings with the addition of six new trading pairs. The pairs include SOL/USDC, ARB/FDUSD, and DOCK/USDT as cross-margin p…
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10 months, 1 week agoCrypto ETFs Stir Controversy Amid Profit-Sharing Promises to Developers
In the world of digital assets, a series of groups have co-opted the revolution, turning the industry into a minefield for both new and experienced market players. These groups range from BitMEX to Binance,…
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10 months, 1 week agoBlackRock CEO Sees Value in Ethereum ETF, SEC Approval Likely
BlackRock CEO Larry Fink recently expressed his belief in the value of a spot Ethereum (ETH) ETF (Exchange Traded Fund) during an interview with CNBC. This comes after the US SEC (Securities and Exchange…
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10 months, 1 week agoEthereum ETF Approval Anticipated: BlackRock and VanEck Await SEC Decision
BlackRock CEO Larry Fink has shown interest in a spot Ethereum ETF following the US SEC’s approval of 11 spot Bitcoin ETFs. Major firms such as BlackRock, VanEck, and Grayscale have applied for a spot ETH ETF, i…
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10 months, 1 week agoBlackRock CEO Larry Fink Expresses Interest in Ethereum ETFs
BlackRock CEO Larry Fink has recently shown interest in an Ethereum-based Exchange-Traded Fund (ETF), indicating a potential shift in investment strategies. This comes at a time when cryptocurrency markets are…
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10 months, 1 week agoUBS Group Nominates Gail Kelly for Board of Directors Election
UBS Group AG has announced its intention to propose Gail Kelly for election to its Board of Directors at the Annual General Meeting, which is scheduled for April 24, 2024. Kelly, a seasoned professional in the…
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10 months, 1 week agoSouth Korea's FSC Warns Against Foreign Bitcoin ETF Brokerage
South Korea’s Financial Services Commission (FSC) has issued a warning to domestic securities firms brokering overseas-listed Bitcoin spot exchange-traded funds (ETFs), stating that such activities may be in v…
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10 months, 1 week agoVanguard Blocks Bitcoin ETFs as Pullix Exchange Prepares for Launch
Asset manager Vanguard has made the decision to prevent its customers from purchasing spot Bitcoin ETFs via its platform. This move coincided with the commencement of trading for these ETFs, leading to some…
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10 months, 1 week agoSEC Seeks Ripple's Financial Statements Amid XRP ETF Speculations
The U.S. Securities and Exchange Commission (SEC) has filed a motion to compel Ripple Labs to produce financial statements for the years 2022-2023 and post-complaint contracts governing institutional sales of XRP.…
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10 months, 1 week agoFormer Terra CEO Requests Trial Delay Amid Extradition Delays
Do Kwon, the former CEO of Terra, has formally requested a delay in his trial in the United States through a letter to Judge Jed S. Rakoff. The trial, which is in response to charges brought by the US Securities…
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10 months, 1 week agoSpot Bitcoin ETFs Stir Mixed Reactions Among Industry Experts
The first spot Bitcoin exchange-traded funds (ETF) in the United States has been approved, paving the way for billions of dollars in institutional money to enter the market. On the first day of trading in January…