19 / 110 Relevant items tagged with #Finance

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Elon Musk's X Is Reportedly Now Banned in Brazil Following Judge's Ruling

[Aug 30, 2024 9:28 PM]

US Bitcoin ETFs See $71.73M in Outflows as 5 Funds Take a Hit

[Aug 30, 2024 1:10 PM] On Thursday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced $71.73 million in outflows, with reductions seen across five distinct funds. Notably, Grayscale’s ETHE led the spot ether ETFs, which faced $1.77 million in…

Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report

[Aug 30, 2024 10:53 AM] Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.

Trump's New Crypto Business to Offer Access to 'High-Yield' Investments, Website Says

[Aug 29, 2024 7:08 PM] World Liberty Financial is "the only crypto DeFi platform supported by Donald J. Trump," according to homepage metadata.

Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan

[Aug 29, 2024 10:00 AM]

Binance CEO Teng Rejects Allegations the Exchange Froze All Palestinians' Funds

[Aug 28, 2024 3:56 PM] The crypto exchange complies with anti-money laundering legislation, he said.

ARKB Divests $101M Amid $127M Outflow From Bitcoin ETFs

[Aug 28, 2024 1:30 PM] On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $101.97 million. Ether…

Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects

[Aug 28, 2024 1:00 PM] Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN).

WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action

[Aug 28, 2024 12:13 PM] Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.

Hilbert Capital and Xapo Bank Collaborate to Launch Bitcoin Hedge Fund

[Aug 28, 2024 11:20 AM] Swedish public company Hilbert Group’s asset management division has partnered with Xapo Bank to launch a bitcoin-denominated hedge fund in September. The fund is expected to attract over $200 million in initial investments from Xapo Bank and…

BlackRock Lists Ethereum ETF on Brazilian Stock Exchange

[Aug 27, 2024 8:42 PM] The company earlier this year listed its iShares Bitcoin Trust ETF in the South American country.

Blockchain Data Warehouse Space and Time Raises $20M Series A to Accelerate Development of AI Tools

[Aug 27, 2024 4:58 PM] The funding round, which takes SxT's total backing to $50 million, was led by Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital.

Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor's Successful BTC Strategy

[Aug 27, 2024 4:10 PM] Marathon Digital, the largest publicly traded miner, is buying bitcoin in the open market, despite acquiring the digital assets at a discount via mining.

Trump Releases Fourth Drop of His NFT Trading Cards

[Aug 27, 2024 3:31 PM] The new collection will offer buyers a piece of the candidate’s suit from his debate with President Joe Biden.

US Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows

[Aug 27, 2024 1:05 PM] U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot ethereum ETFs experienced a loss of $13.23 million during the same trading session. Bitcoin ETFs…

The Crypto Bull Market Has Created 88K New Millionaires in 2024: Henley Global

[Aug 27, 2024 12:27 PM] The recent cryptocurrency bull market has created more than 88,000 new crypto millionaires and six crypto billionaires, according to a report by New World Wealth and Henley & Partners.

Bitcoin Miners Are in M&A Mode: Architect Partners

[Aug 27, 2024 12:06 PM] The effect of miner concentration is yet to be seen, the note said.

MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token

[Aug 27, 2024 12:00 PM] The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.

Crypto Bank Xapo to Manage $200M Bitcoin-Denominated Hedge Fund With Hilbert Capital

[Aug 27, 2024 11:01 AM] The fund, set for launch in September, will be available to corporates, businesses and professional investors

Tokenization Pioneer Centrifuge Unveils Lending Market With Morpho, Coinbase

[Aug 27, 2024 9:00 AM] The institutional real-world asset lending market combines Coinbase’s layer-2 network, Base, and Morpho Vaults using three varieties of tokenized Treasury bills.

Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B

[Aug 27, 2024 8:15 AM] Celsius' bankruptcy administrator has distributed more than $2.53 billion to some 251,000 creditors, it said in its first status report.

Upstart 'Degenerate' Crypto-Culture Publication Bets on Print

[Aug 26, 2024 11:19 PM] Self-proclaimed "degenerate" crypto media company Superbasedd is betting a monthly print magazine can make it in 2024.

Ether ETFs Have Bled Money, but That's Not the Whole Story

[Aug 26, 2024 8:01 PM] BlackRock and other funds have collected billions of dollars worth of inflows for their Ethereum products. Massive outflows from the Grayscale Ethereum Trust (ETHE) have overshadowed that, though.

Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports

[Aug 26, 2024 2:45 PM] Coinshares, led by researcher James Butterfill, reports a significant uptick in bitcoin inflows following recent comments from Federal Reserve Chair Jerome Powell. The investment surge reflects the market’s response to potential interest…

Bitcoin ETFs Soar With $252M Influx, Ether ETFs Experience Another Day of Losses

[Aug 24, 2024 1:30 PM] At the end of the day on Friday, U.S. spot bitcoin exchange-traded funds (ETFs) reported a substantial $252 million in net gains. In contrast, ether ETFs continued their downward trend, losing another $5.7 million. Bitcoin ETFs Shine with $252M…

China and Russia Push for Increased Local Currency Use in Trade, Deepen BRICS Cooperation

[Aug 24, 2024 3:30 AM] China and Russia solidified their cooperation in currency, finance, and within the BRICS framework following a meeting between Chinese Premier Li Qiang and Russian Prime Minister Mikhail Mishustin. They committed to local currency use, payment…

WazirX to Phase In Indian Rupee Withdrawals Starting Aug. 26

[Aug 23, 2024 3:07 PM] Users of the Indian crypto exchange will be able to take out up to 66% of their rupee funds in two phases following a suspension instituted after last month's $230 million dollar hack.

Bitcoin ETFs Extend Winning Streak as Ether Funds Slip Into Red

[Aug 23, 2024 1:30 PM] On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their winning streak for the sixth day in a row, amassing $64.91 million. Meanwhile, the nine spot ether ETFs experienced a modest outflow, losing $874,610. Bitcoin ETFs on a…

MakerDAO to Offer Optional MKR Conversions for New Governance Token

[Aug 23, 2024 11:57 AM] Crypto lending platform MakerDAO, the protocol behind the DAI stablecoin, will allow MKR holders to convert their tokens to NewGovToken (NGT) tokens at a ratio of 1:24,000.

Donald Trump Teases 'The DeFiant Ones' Crypto Project on Truth Social

[Aug 23, 2024 10:05 AM] “It’s time we take a stand – together,” Trump wrote on his Truth Social account with a Telegram group link to the unreleased decentralized finance platform.