Search
Bernstein Predicts Crypto Arms Race Among Asset Managers
27.5.2024
Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business opportunity for asset managers. With the recent decrease in the popularity of ESG (Environmental, Social, and Governance) funds, Bernstein notes that attention is expected...
Shiba Inu Holders Pivot to New ICO, Aiming for 1000% Gains
27.5.2024
Popular ERC-20 meme coin Shiba Inu ($SHIB) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024. At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year. By comparison,...
UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions
25.5.2024
UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind the investment bank’s upgraded gold price prediction include softer U.S. economic data, increased central bank...
OKX Withdraws VASP License Application in Hong Kong
24.5.2024
OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents.
The post OKX Withdraws VASP License Application in Hong Kong appeared first on Cryptonews
BlackRock, Grayscale and Bitwise amend ETF filings before SEC decision
22.5.2024
With the SEC expected to decide by May 23 whether to approve or disapprove a spot Ether exchange-traded fund, three asset managers amended their 19b-4 filings
Ripple CLO Lambasts Gary Gensler Amid SEC Legal Battle
22.5.2024
On May 22, Stuart Alderoty, Ripple’s Chief Legal Officer, unleashed a scathing rebuke on Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), for his mishandling of crypto asset regulation. Ripple CLO Tags Gensler as “Struggling Political Liability” Alderoty’s...
Nasdaq Revises World’s Largest Asset Manager Blackrock’s Spot Ether ETF Proposal
22.5.2024
On Wednesday, Nasdaq, the second-largest American stock exchange based in New York City, revised its 19b-4 filing for Blackrock’s spot ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Nasdaq Amends Blackrock’s Ether ETF 19b-4 Filing Following...
Deutsche Bank Infra Provider Taurus Expands to North America
22.5.2024
Crypto technology provider Taurus opens its first North American office in Vancouver to meet increasing demand for digital asset services after expansion in London, Paris, Frankfurt, and Dubai.
The post Deutsche Bank Infra Provider Taurus Expands to North America appeared first on Cryptonews
Standard Chartered Predicts Ethereum ETF Approval This Week, Calls For $8000 ETH This Year
21.5.2024
Standard Chartered believes Ethereum ETFs will go live this week, and help drive the asset to $14,000 in 2025.
The post Standard Chartered Predicts Ethereum ETF Approval This Week, Calls For $8000 ETH This Year appeared first on Cryptonews
Crypto firms target custody market as institutional adoption grows
21.5.2024
Fireblocks and Taurus are among the crypto firms expanding services to meet institutional demand for digital asset storage
Fidelity Files Amended S-1 Application with SEC for Spot Ether ETF, Removes Staking
21.5.2024
Asset manager Fidelity has made an amended S-1 application to the SEC for its spot Ether ETF.
The post Fidelity Files Amended S-1 Application with SEC for Spot Ether ETF, Removes Staking appeared first on Cryptonews
Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End
21.5.2024
Brazil's central bank unveiled a multi-phase plan to regulate crypto and virtual asset service providers on Monday. It aims to finalize the regulatory proposals by the end of this year.
The post Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End appeared first...
Blockchain Association Sends Letter To Reps. Mike Johnson And Hakeem Jeffries Urging FIT21 House Vote
20.5.2024
The Blockchain Association is urging a full House floor vote of the Financial Innovation and Technology for the 21st Century Act (FIT21), a Monday letter from the crypto advocacy group to House Speaker Mike Johnson and Minority Leader Hakeem Jeffries reveals. News of the letter comes on the heels...
Mobs of Bonk Inu Token Traders Now Buying Mollars ICO
20.5.2024
Large mobs of Bonk Inu (BONK) token traders appear to be migrating into the ICO for Ethereum-Blockchain’s new store-of-value asset; A rival token for Bitcoin.
The post Mobs of Bonk Inu Token Traders Now Buying Mollars ICO appeared first on Cryptonews
Digital Asset Investment Products See Inflows of $932 Million in Response to CPI Report
20.5.2024
Digital asset investment products experienced substantial inflows totaling $932 million for the second week.
The post Digital Asset Investment Products See Inflows of $932 Million in Response to CPI Report appeared first on Cryptonews
Real-word asset tokens can stabilize DeFi — Market observers
20.5.2024
RWA tokenization has become the latest trend in crypto, and early use cases indicate that DeFi protocols are using it for stable collaterals, yield products and more
Veteran US Bank State Street Opens Search for Digital Assets Head
20.5.2024
State Street, the second-oldest bank in the US, is actively searching for a leader for its digital assets solutions team. It seeks an innovative thinker with comprehensive knowledge of digital asset technology and substantial institutional expertise.
The post Veteran US Bank State Street Opens...
Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now
20.5.2024
Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework
Western Banks Face Major Asset Seizure in Russia Amid Gazprom Subsidiary Dispute
19.5.2024
In a significant move against western banks, a St Petersburg court has seized over $763 million of assets from Unicredit, Deutsche Bank, and Commerzbank, following a dispute with a subsidiary of Gazprom. This seizure, one of the largest since Moscow’s invasion of Ukraine, includes $504 million...
Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program
18.5.2024
Mastercard’s Start Path Blockchain and Digital Asset program has expanded to include five new startups, aiming to explore innovative uses of blockchain technology. “Digital assets are becoming increasingly mainstream, speeding up commerce with trust and transparency,” Mastercard...