Cryptocurrency supporters are excited about President-elect Donald Trump’s focus on digital currencies. Bitcoin recently surpassed $100,000 again, driven by hopes that Trump’s administration will create a friendly environment for the crypto industry. Trump has appointed crypto advocates to key positions and expressed his desire to make the U.S. a “crypto capital.” This shift could lead ...
Microsoft’s recent discussions about crypto investments have stirred interest, particularly regarding the possibility of adopting spot Ethereum ETFs with staking features. Amy Hood, the company’s CFO, highlighted during a shareholder meeting that Microsoft has been exploring digital assets since 2014, although a proposal to include Bitcoin in their treasury was rejected by investors. Hood emphasized ...
At the end of the year, the focus returned to the Federal Reserve, but an unexpected move by Alipay shocked the Market. Reports emerged that some users in mainland China were seeing cryptocurrency fund advertisements on Alipay, suggesting a potential shift in policy towards crypto. These funds, tied to Qualified Domestic Institutional Investors (QDII), allow ...
The U.S. Securities and Exchange Commission recently charged three Nigerian nationals for impersonating brokers in a scheme that scammed over $2.9 million from investors. The defendants created fake websites and used advanced technology, including voice-modification software, to gain trust and promote nonexistent trading expertise. They directed victims to invest in Bitcoin through legitimate platforms but ...
Amazon shareholders are pushing for the company to invest at least 5% of its assets in Bitcoin as a way to protect against inflation. This proposal, backed by the National Center for Public Policy Research, highlights how Bitcoin could safeguard Amazon’s $88 billion in cash and short-term assets, especially during times of economic uncertainty. While ...
Japan’s Web3 transformation is gaining momentum, significantly influenced by Monex Group’s efforts in the crypto ecosystem. Recently, crypto investment products recorded an impressive $3.85 billion in weekly inflows, pushing year-to-date totals to $41 billion. Bitcoin continues to dominate, with $2.5 billion attributed to its inflows, while Ethereum also made strides, attracting $1.2 billion, marking its ...
Cryptocurrencies are increasingly common, with a Pew Research poll showing that 17% of Americans have invested in them. Major firms like BlackRock and Fidelity are offering crypto options to clients, reflecting a growing acceptance in finance. However, it’s important to approach cryptocurrency with caution due to its volatility; investing is often likened to gambling. For ...
Last week marked a record high for digital asset investment products, with inflows reaching an astonishing US$3.85 billion. This surge has pushed the total inflows for the year to US$41 billion and assets under management to a new peak of US$165 billion. Ethereum led the charge with its own record inflows of US$1.2 billion, while ...
A global think tank has suggested that Amazon should include Bitcoin in its strategic reserve by next year. The National Center for Public Policy Research claims that adding Bitcoin could help Amazon protect its $88 billion in cash and equivalents from inflation. With the U.S. inflation rate peaking at 9.1% in mid-2022, traditional assets like ...
Are you on the hunt for the next cryptocurrency poised for explosive growth? Many investors are eager to find that one digital asset, like EarthMeta, that can yield massive returns. The key isn’t just luck; it involves strategy, thorough research, and Market understanding. With thousands of cryptocurrencies available, keeping up with the latest news and ...
