SBI Holdings, a prominent Japanese financial company, is preparing to launch a $663 million fund supporting Web3, AI, and other fintech startups. The fund is slated to invest in 150-200 companies and is anticipated to begin operations by the current year’s end, as Nikkei Shimbun reported. Japan’s Startup Fund Momentum with Major Backing The SBI...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)Bad girl, sad girl, you’re such a dirty bad girl Beep beep, uh-huh You bad girl, you sad girl, you’re...Read More
Cathie Wood has announced that Ark Invest will collaborate with 21Shares to introduce a new suite of innovative exchange-traded funds (ETFs). These ETFs are designed to provide investors with diversified exposure to digital assets, including Bitcoin and Ethereum futures contracts and investments in blockchain-related companies. Ark Invest Unveils New Suite of Digital Asset ETFs Cathie...Read More
SC Ventures, the investment division of Standard Chartered Bank, and SBI Holdings, the Japanese financial conglomerate, have joined forces to establish a $100 million cryptocurrency initiative in the United Arab Emirates. The new vehicle, dubbed Digital Asset Joint Venture, will focus on companies involved in market infrastructure, risk and compliance, decentralized finance (DeFi), and tokenization....Read More
The Solana (SOL) price has shown resilience in the past five days after a remarkable surge, almost reaching $47. Despite recovering from the bear market, a looming challenge comes in the form of potential sell pressure from substantial FTX holdings. The cryptocurrency market is treading cautiously as Solana (SOL) approaches a critical juncture. Analysts are...Read More
Consistent, diligent Bitcoin (BTC) buyers who have stacked sats for two years have greatly outperformed investors in other asset classes – despite entering the crypto market at one of the worst possible times. As of Thursday, dollar cost averaging Bitcoin since November 10, 2021, has put buyers 40% in the green. Bitcoin DCA Is The...Read More
BlackRock may be preparing to launch a spot Ethereum (ETH) ETF amid roaring confidence that its spot Bitcoin (BTC) ETF application is all but certain, a new company registration suggests. The price of ETH has soared 8% on the day to $2,020. As shown by @SummersThings on Twitter, BlackRock registered a corporation named the “iShares...Read More
In a recent interview with WSJ, Munger compared the cryptocurrency industry to a dirty prank. In his latest comments deriding the asset class, the Berkshire don called the blockchain industry a “stinkball” in finance. Charlie Munger Blasts Crypto ‘Stinkball’ Charlie Munger’s extended remarks on cryptocurrency for the interview with WSJ’s Karen Langley did give crypto...Read More
[PRESS RELEASE – Grand Cayman, CAYMAN ISLANDS, November 9th, 2023] Zircuit, a new zero-knowledge rollup backed by pioneering L2 research, today announced the launch of its public testnet. Zircuit is fully EVM compatible, supports existing Ethereum dApps and wallets and allows any dApp on Ethereum to deploy on Zircuit with minimal changes. To celebrate the...Read More
[PRESS RELEASE – SEATTLE, WA, November 9th, 2023] The move will dramatically accelerate zero-knowledge development by allowing millions of developers worldwide to utilize the technological innovations. RISC Zero, developers of the leading general purpose zero-knowledge (ZK) virtual machine technology, and the team behind Zeth, zkVM and Bonsai, today announced the open-sourcing of three key technologies...Read More
The SEC has a brief window on November 9 to potentially approve all 12 spot Bitcoin ETF applicants in the U.S. This opportunity will last at least eight days. The United States Securities and Exchange Commission (SEC) may approve all 12 pending spot Bitcoin exchange-traded fund (ETF) applications within this timeframe. Bloomberg ETF analysts James...Read More
Market sentiment is soaring as Bitcoin nears $37K, and the Bitcoin halving and ETF approvals are within arms reach. As such, many altcoins have pumped recently, with some up over 100% this month. However, one blockchain trend is disrupting a $250 billion industry and remains under a $1 billion total market cap. The industry is...Read More
With the next Bitcoin halving event less than five months away, long-term BTC holders have remained bullish, refusing to let go of their assets. According to a weekly report from on-chain market intelligence platform Glassnode, several measures of Bitcoin supply, such as HODLed, long-term holder, and illiquid, are at historical highs, with the crypto asset...Read More
Nearly two months ago, Dubai-based crypto exchange platform JPEX decided to “wind down operations” after Hong Kong regulators took notice of their activities. Immediate Fallout At the time, JPEX’s Earn program was singled out by authorities as a major point of contention with the platform. Things took a wild turn from there, as the exchange...Read More
[PRESS RELEASE – San José, Costa Rica, November 9th, 2023] In a remarkable move to safeguard biodiversity, FUNDECOR has partnered with Blockchain Jungle and Biota Nexus, resulting in the protection of 62,500 square meters of Costa Rica’s pristine ecosystems. This strategic alliance has been a groundbreaking achievement in the realm of sustainable development and environmental...Read More
As a natural continuation of our latest Sub Accounts feature, Multicharting has arrived at BitMEX – making it even easier for users to manage multiple trades at once. With this addition, traders can now create multiple price charts on their customisable trading UI, with each labeled and bound to a specific contract. Meaning users can...Read More
In an interesting X post from earlier this week, former SEC Chief John Reed Stark (Office of Internet Enforcement) issued a scathing rebuke of the SEC for its treatment of Ripple Labs in a years-long XRP lawsuit. Prediction: Expect a Big Win for the SEC in the SEC/Terra Litigation and a Gracious (Yet Scathing) Rebuke...Read More
British financial giant – HSBC – has announced plans to roll out a new digital assets custody service for institutional clients who invest in tokenized securities. HSBC, one of the world’s largest global custodians covering more than 90 markets, has partnered with Ripple-owned Metaco, which is an institutional digital asset custody, trading, and DeFi firm...Read More
