Rootoshi
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10 months, 1 week agoRipple Labs Buys Back $285M Shares, Valuation Hits $11.3B Amid SEC Battle
Ripple Labs has recently made a significant strategic investment by repurchasing $285 million worth of shares from early investors and employees. This move has set the company’s valuation at an impressive $11.3 b…
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10 months, 1 week agoEFG Bank Capitalizes on CS Collapse, Attracts Top Private Bankers
In the aftermath of the CS collapse, it’s not ZKB, Vontobel, or Benko-Bär that are reaping the most benefits, but EFG. The private bank, with Boris Collardi as a shareholder and board member, is scooping up as ma…
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10 months, 1 week agoSwissquote Forecasts Record Profits for 2023 Amid Difficult Market Conditions
Swissquote, the largest online bank in Switzerland, has announced a record-breaking year for 2023, despite the results not being expected until March. The bank, based in Gland VD, has had a very successful year,…
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10 months, 1 week agoBitcoin Spot ETF Approval Sparks Fee Wars, Ethereum L2 Tokens Surge
In a historic move, the US Securities and Exchange Commission (SEC) has given the green light to Bitcoin Spot ETF, marking January 10 as a significant day for BTC holders. This approval has sparked fee wars among…
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10 months, 1 week agoCrypto Industry Divided Over SEC's Approval of Bitcoin ETFs
The crypto industry has recently celebrated the approval of spot Bitcoin ETFs in the United States. However, this decision by the Securities and Exchange Commission (SEC) has not been universally welcomed.SEC…
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10 months, 1 week agoEthereum Surges Amid Speculation of US Regulatory Approval for ETFs
Investors have shown a renewed interest in alternative cryptocurrencies, with a particular focus on the potential approval of an ethereum exchange-traded fund in the United States. This shift in attention comes as…
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10 months, 1 week agoMusk Considers Bitcoin Feasible for Mars Despite Transaction Speed Concerns
Tesla CEO and SpaceX founder Elon Musk, initially skeptical about using Bitcoin as a currency on Mars, has now slightly warmed up to the idea. During an X Spaces titled ‘ARK 21Shares Bitcoin ETF (ARKB) A…
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10 months, 1 week agoOver $12M Bet on Bitcoin ETF Approval in Decentralized Predictions Market
Over $12 million was wagered on a Polygon-based decentralized predictions market, Polymarket, on the outcome of the United States approving a spot Bitcoin exchange-traded fund (ETF) before mid-January. The bet,…
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10 months, 1 week agoEthereum Classic Surges 34% Following Bitcoin ETF Approval
In a significant development in the cryptocurrency market, Ethereum Classic (CRYPTO: ETC) has seen a remarkable 34% surge over the past 24 hours. This increase has outshone the performance of leading…
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10 months, 1 week agoBitcoin Spot-ETF Approval Marks New Era in Cryptocurrency Industry
The cryptocurrency industry continues to collaborate with regulatory authorities to ensure a balance between innovation and consumer protection. Satoshi Nakamoto, the enigmatic creator of Bitcoin, laid the…
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10 months, 1 week agoOhio Resident Ackerman Faces $27M Penalty for Deceptive Trading
Michael Ackerman, a resident of Alliance, Ohio, has been hit with a permanent injunction by default judgment, as declared by the Commodity Futures Trading Commission (CFTC) on June 28. The judgment, handed down by…
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10 months, 1 week agoJPMorgan CEO Criticizes Bitcoin Amid Potential ETF Involvement
JPMorgan CEO Jamie Dimon has reiterated his negative stance on Bitcoin and the wider cryptocurrency industry in a recent interview with Fox, citing concerns over illicit activities such as sex trafficking, tax…
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10 months, 1 week agoUBS Claims 25% of Swiss Dealmaking Fees After Credit Suisse Acquisition
UBS, a leading Swiss bank, has achieved a record-breaking market share in its home country following the acquisition of its main competitor, Credit Suisse. This strategic move has resulted in UBS securing a…
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10 months, 1 week agoPharmaceutical Investors Favor Obesity Treatments Over Cancer Drugs
Pharmaceutical giants Eli Lilly and Novo Nordisk have seen their value more than triple in less than three years. Their combined corporate value, which consists of market capitalization plus net debt, was around…
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10 months, 1 week agoShiba Inu Burns 200 ETH, Sparks Market Excitement and Price Recovery
The Shiba Inu team has made a significant move in the cryptocurrency market by burning 200 Ethereum (ETH), equivalent to $475,366. This action is aimed at reducing the circulating supply of the meme coin, sparking…
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10 months, 1 week agoBitcoin Price Fluctuates After SEC Account Hack, Spot ETFs Approved
Bitcoin’s price experienced dramatic swings yesterday following a hack on the US Securities and Exchange Commission’s (SEC) official X account. A fraudulent tweet was posted at 4:11 PM EST on Tuesday, falsely cla…
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bob wrote a new post
10 months, 1 week agoBitcoin Price Fluctuates After SEC Account Hack, Spot ETFs Approved
Bitcoin’s price experienced dramatic swings yesterday following a hack on the US Securities and Exchange Commission’s (SEC) official X account. A fraudulent tweet was posted at 4:11 PM EST on Tuesday, falsely cla…
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bob wrote a new post
10 months, 1 week agoSpot Bitcoin ETFs Approval Sparks Celebration, SEC Remains Silent
The crypto community is abuzz with the recent approval of spot Bitcoin exchange-traded funds (ETFs), a move hailed as “historic” by many. The news has led to a surge in activity on social media platforms, with the…
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10 months, 1 week agoEthereum Surpasses Bitcoin in Derivatives Trading Amid Market Chaos
In a surprising turn of events, Ethereum has overtaken Bitcoin in derivatives trading volume. This shift in market dynamics was observed as options traders scaled back in the Bitcoin market, while Ethereum saw a…
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bob wrote a new post
10 months, 1 week agoSpot Bitcoin ETFs Approval Sparks Celebration, SEC Remains Silent
The crypto community is abuzz with the recent approval of spot Bitcoin exchange-traded funds (ETFs), a move that many have hailed as “historic”. The approval has led to a surge in activity on social media pla…
