SixtyNine
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10 months agoVanguard Rejects Bitcoin ETFs, Contrasting BlackRock's Embrace
Vanguard, the world’s second-largest asset manager, has declared that it will not support the purchase of any spot Bitcoin ETFs launched recently. The firm has taken a conservative stance on cryptocurrencies, s…
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10 months agoSEC Files Motion Against Ripple Ahead of 2024 Grand Trial
The United States Securities and Exchange Commission (SEC) has recently filed a motion against Ripple, demanding the company to provide certain documents related to an ongoing lawsuit. Ripple, in response, is…
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10 months agoJulius Bär Hires Former Credit Suisse Executive for Southeast Asia
Swiss private bank Julius Bär has hired another executive from its fallen competitor, Credit Suisse, this time for the Southeast Asian market. Julius Bär has appointed Mun Joo Ng as Team Leader for Southeast A…
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10 months agoRobinhood Offers Access to 11 Bitcoin ETFs, Boosting Crypto Trading
Robinhood, the commission-free trading platform, has announced that it will offer its retail customers access to all 11 spot Bitcoin ETFs that were recently approved for trading. This move comes just a day after…
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10 months agoFTX Clients Challenge Bankruptcy Valuation Based on 2022 Crypto Prices
FTX clients have appealed to a U.S. bankruptcy judge to stop the now-defunct crypto exchange from determining the value of their cryptocurrency deposits based on 2022 prices. The clients argue that this method is…
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10 months agoManta Network's Ethereum Layer 2 Blockchain Surpasses $800M in TVL
Manta Network’s native Layer 2 modular blockchain, Manta Pacific, has seen a significant increase in Total Value Locked (TVL), exceeding $800 million. This represents a 65-fold increase over the last quarter. M…
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10 months agoSenator Warren Criticizes SEC's Approval of Bitcoin ETFs
Senator Elizabeth Warren has publicly criticized the Securities and Exchange Commission (SEC) for its decision to approve the spot Bitcoin ETFs. She expressed her dissent on X (formerly Twitter), stating that the…
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10 months agoSEC's Bitcoin ETF Approval May Boost NFT Market, Say Experts
The Securities and Exchange Commission (SEC) has given the green light to the first spot Bitcoin exchange-traded funds (ETFs) in the United States. This move is seen by Web3 professionals as a potential boost to…
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10 months agoBitcoin ETFs Debut in U.S. with Record-Breaking $4 Billion Trading Volume
In a historic event, Grayscale, BlackRock, and Fidelity have led the debut of Bitcoin ETFs in the U.S., marking a significant step in integrating cryptocurrency with traditional financial markets. The launch saw a…
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10 months agoCathie Wood Revises Bitcoin Prediction to $1.5 Million by 2030
Cathie Wood, the CEO of ARK Invest, has made waves in the cryptocurrency market by revising her Bitcoin price predictions upward. This comes in response to the SEC’s recent approval of spot ETFs. Known for her b…
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10 months agoBitcoin ETF War Ignites, Everlodge Disrupts, DeRec Alliance Forms
The recent approval of 11 Bitcoin spot exchange-traded funds (ETFs) has sparked a fierce competition among asset management giants. Mike Novogratz, CEO of Galaxy Digital, predicts a showdown between Invesco,…
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10 months agoAmboise Partners Expands with New Swiss Office, Led by Julie Van Campenhoudt
Amboise Partners, the asset manager distributing Altaroc’s private equity funds, continues its expansion with the opening of an office in Switzerland. The Swiss branch will be led by Julie Van Campenhoudt, who w…
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10 months agoNEAR Foundation Cuts 40% of Workforce Amid Strategic Realignment
The NEAR Foundation, the non-profit entity responsible for the NEAR protocol, has announced a significant reduction in its workforce. This strategic shift is aimed at streamlining operations and enhancing…
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10 months agoBasler Kantonalbank Issues CHF105 Million in Digital Bonds
In a significant move towards the future of finance, Basler Kantonalbank (BKB) has issued CHF 105 million in digital bonds. This pioneering step was taken with the support of the canton of Basel-City, marking a new…
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10 months agoUBS Group Nominates Gail Kelly for Board of Directors Election
UBS Group AG has announced its intention to nominate Gail Kelly for election to its Board of Directors at the Annual General Meeting on April 24, 2024. Kelly, a seasoned professional in the financial services…
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10 months agoBitcoin's Potential Surge to $1 Million: Mow's Omega Candle Prediction
Bitcoin enthusiasts have a new reason to be optimistic. Samson Mow, a well-known figure and former CSO at Blockstream, has made a bold prediction for the future of Bitcoin. He foresees a massive price increase,…
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10 months agoSEC Escalates Demands in Ripple Lawsuit, Seeks Additional Documents
The United States Securities and Exchange Commission (SEC) has intensified its demands in the ongoing XRP lawsuit against Ripple Labs Inc. On January 11, 2024, the SEC filed a motion in the Southern District of New…
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10 months agoSouth Korea Maintains Ban on Bitcoin ETFs Amid Stability Concerns
Despite the recent approval of a spot Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC), the South Korean government has reiterated its commitment to maintaining its ban on…
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10 months agoPartners Group Sees Growth, Expects Higher Capital Commitments in 2024
The Zug-based private equity group, Partners Group, continues its growth trajectory, benefiting from a record in client acquisition. Despite a challenging market environment, the firm attracted substantial new…
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10 months agoSolana MEV Bot Nets $1.7M from Inefficient Memecoin Trade
A Solana-based maximum extractable value (MEV) bot has made a staggering $1.7 million from a single trade. This occurred when a trader made a $9 million purchase of the memecoin Dogwifhat (WIF) in a highly…
