9 / 107 Relevant items tagged with #Finance

Posts

Is Elon Musk Selling Bitcoin? Tesla Transfers All $760M of Its BTC to Unknown Wallets.

[Oct 15 9:57 PM] On-chain data indicates that wallets associated with Elon Musk's electric car company have begun moving funds.

Ex-Valkyrie Founder’s Canary Capital Group Files for First Litecoin ETF

[Oct 15 5:02 PM] Canary Capital Group, a new digital asset-focused investment firm founded by former Valkyrie Funds co-founder Steven McClurg, seemingly wants to become a leader in the world of crypto exchange-traded funds (ETFs) rather than a follower.

Why This ETF Expert Is Bullish on Ethereum and Says Washington’s Crypto Stance Is Misunderstood

[Oct 15 3:16 PM] If Vice President Kamala Harris beats Donald Trump in the U.S. presidential election, that could be good for Ethereum, though crypto is in good shape either way, Bitwise's Matt Hougan says.

Bitcoin ETFs See Biggest Daily Inflow Since June—Find Out Which Funds Led the Pack

[Oct 15 1:16 PM] Fresh data reveals that the 12 U.S. spot bitcoin ETFs had their best day in four months, raking in $555.86 million in gains. Meanwhile, the nine spot ether ETFs also enjoyed a good Monday, pulling in $17.07 million in positive inflows. Bitcoin ETF…

Blockstream Raises $210M in Convertible Note Financing Round

[Oct 15 1:00 PM] The money raised will be used to advance adoption and development of Blockstream's layer 2 technologies, to grow the company's mining operations, and expand its bitcoin treasury.

Ripple Names Exchange Partners for Stablecoin RLUSD, Awaits NYDFS Approval

[Oct 15 12:00 PM] Ripple's upcoming stablecoin will leverage its established position for payments and be a key bridge for real-world asset tokenization, Ripple Labs President Monica Long told CoinDesk in an interview.

SingularityDAO Plans to Merge With Cogito Finance, SelfKey to Form AI-Focused Layer-2

[Oct 15 11:54 AM] The three projects' tokens will consolidate into Singularity Finance (SFI).

Solv Raises $11M to Grow the $1.3B Bitcoin Staking Protocol

[Oct 14 12:00 PM] Solv Protocol's SolvBTC product has more than 20,000 BTC staked ($1.24 billion) deployed across 10 major blockchain networks.

Crypto Custodian Copper Appoints Former SEC Advisor Amar Kuchinad as New Global CEO

[Oct 14 11:49 AM] Former CEO Dmitry Tokarev will continue as the board's founder director.

Bitcoin Mining Profitability Fell in September, Jefferies Says

[Oct 14 9:19 AM] October could be a harder month for the miners with the network hashrate currently 11% higher while the bitcoin price is up only about 5%, the report said.

Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion

[Oct 14 3:30 AM] Costco’s gold bars are flying off the shelves as record-high gold prices spark a buying frenzy across the U.S. A recent survey found that 77% of Costco stores offering gold sold out in early October. The trend reflects growing demand for gold…

TD Bank Makes History as First US Bank to Plead Guilty to Money Laundering Conspiracy

[Oct 14 1:30 AM] TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead…

Donald Trump Reveals Defi Project’s Token Launch—But Not Everyone’s Happy About It

[Oct 13 1:40 PM] On Saturday, former President Donald Trump announced that the World Liberty Financial (WLF) token sale will kick off on Tuesday, Oct. 15. In his post on X, Trump described it as a “chance to help shape the future of finance.” He also noted that an…

Tokenized US Treasuries Climb by $210M Since Crossing the $2 Billion Mark

[Oct 12 2:30 PM] Since surpassing the $2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of…

Tokyo’s Metaplanet Grows Its Bitcoin War Chest to $45 Million

[Oct 11 8:30 PM] Metaplanet, a company listed on the Tokyo Stock Exchange, has bolstered its bitcoin (BTC) holdings with the purchase of an additional 108.99 BTC. Following this recent acquisition, the Japanese investment firm now boasts a total of 748.50 BTC in…

Trump-Supported World Liberty Financial Will Start Public Token Sale Next Week

[Oct 11 6:46 PM] The WLFI token sale will be open for everyone who has been qualified through the project's whitelist.

Scroll Airdrop Allocation Met With Dismay From Farmers

[Oct 11 4:11 PM] Airdrop farmers are up in arms over the release of layer-2 network Scroll's airdrop allocation this week, with 7% being set aside for early adopters whilst centralized exchange Binance will receive 5.5% for its Launchpool users.

Ether ETFs Buck the Trend: How Much Did They Pull in While Bitcoin ETFs Struggled?

[Oct 11 1:20 PM] U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with all 12 funds experiencing outflows totaling $120.76 million. Meanwhile, the nine spot ethereum ETFs saw a different story, pulling in $3.06 million during the trading…

High-Return Crypto Scheme Hit With Cease-and-Desist in Texas

[Oct 11 11:20 AM] Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on digital asset…

BRICS Nations Set for 4.4% Growth in 2024-2025, Outpacing G7 Economies

[Oct 11 6:30 AM] Russian Finance Minister Anton Siluanov has emphasized the rising influence of BRICS nations during a recent event, noting their projected economic growth of 4.4% in 2024-2025, compared to 1.7% for G7 countries. Siluanov highlighted BRICS’…

Crypto ETFs Take Center Stage: Nearly Half of Charles Schwab Investors Eye Digital Assets

[Oct 10 7:41 PM] A recent survey conducted by American financial powerhouse Charles Schwab revealed that nearly half of the respondents (45%) are gearing up to invest in cryptocurrency exchange-traded funds (ETFs). Millennials Lead the Crypto ETF Charge, Expert…

OKX Goes Live in UAE, Targeting TradFi Institutions, Retail Market

[Oct 10 3:10 PM] OKX, one of the four biggest cryptocurrency exchanges, has gone live in the UAE, Middle East General Manager Rifad Mahasneh said in an interview.

Crypto for Advisors: Bitcoin and the American Dream

[Oct 10 3:00 PM] As bitcoin continues to gain traction as a financial asset, its role in reshaping traditional mortgages could mark a significant advancement for homeownership and the American Dream.

Ethena Picks BlackRock's BUIDL, Mountain, Superstate and Sky's USDS for $46M Tokenized RWA Investment

[Oct 10 2:51 PM] Ethena's $46 million allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails.

Ripple Expands Custody Business to Offer 'Bank-Grade' Service to Crypto Firms

[Oct 10 2:29 PM] The new features could allow companies to tokenize and manage real-world assets (RWAs) as well as other cryptocurrencies on XRP Ledger.

Bitcoin ETFs Record Another Day of Losses; Ethereum ETFs Stay Neutral

[Oct 10 1:30 PM] On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with the 12 funds seeing outflows totaling $30.59 million. In contrast, their spot ethereum ETF counterparts had an uneventful day, with all nine funds neither…

National Bank of Bahrain Launches Bitcoin Investment Product

[Oct 10 11:20 AM] The National Bank of Bahrain has made a groundbreaking move by launching the first bitcoin-linked structured investment product in the Gulf Cooperation Council (GCC). This innovation, developed with ARP Digital, highlights Bahrain’s…

LatAm Bank Littio Ditches Ethereum for Avalanche as Demand for RWA Vaults Grows

[Oct 9 4:00 PM] Avalanche's low transaction fees and consistency were cited as reasons for picking that chain.

US Spot Bitcoin and Ethereum ETFs Face Net Losses Amid Volatile Market

[Oct 9 3:48 PM] Based on the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) ended the day with net losses, while spot ethereum ETFs also experienced a decline. $18.66M Flows Out of Bitcoin ETFs as Ethereum Funds Also Falter On Tuesday, the 12 spot…

The Shopification of Wealth

[Oct 9 3:12 PM] Just as Shopify democratized e-commerce, enabling millions to open online stores, on-chain rails are poised to lower the barriers to entry in the financial advisory business, says Miguel Kudry.