Tag: Business
Metaplanet Listed on CoinShares’ BLOCK Index: A Major Milestone for the Metaverse
Japanese investment adviser Metaplanet Inc. made a significant achievement by being included in CoinShares' BLOCK Index for the first time. The company decided to hold bitcoin on its balance sheet as a precaution against...
Crypto Market in Americas Stable as U.S. Election Unfolds – First Mover Analysis
The cryptocurrency market in the Americas remains stable as the U.S. election unfolds, with Bitcoin hovering around $68,800 after recovering from a dip below $68,000. Traders are closely watching the presidential election for clues...
Bitcoin ETFs Experience $540 Million Outflow Amid Rising US Election Volatility
Bitcoin ETFs have seen a significant outflow of $540 million amidst the increasing volatility surrounding the US election. This comes after a period of over $3 billion in inflows since October 23. On November...
Bitcoin’s Role as US Strategic Reserve Asset for Monetary Stability – BPI
Bitcoin is being considered as a potential strategic reserve asset for the United States, which could lead to enhanced monetary stability, geopolitical influence, and alignment with renewable energy initiatives. The Bitcoin Policy Institute (BPI)...
Paxos Launches USDG Global Dollar Network with Robinhood and Kraken
Paxos has recently made headlines by launching the Global Dollar Network in collaboration with industry giants like Robinhood, Kraken, and others. The aim of this strategic initiative is to promote the adoption of stablecoins...
UNI Price Update: CoinDesk 20 Reports 8.6% Drop in UNI Performance
UNI Price Update: CoinDesk 20 has reported an 8.6% drop in UNI performance. It is important to highlight that CoinDesk, an esteemed media outlet that focuses on the cryptocurrency industry, has recently updated its...
Binance Lawyers Seek Dismissal of Amended SEC Lawsuit
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have filed a motion to dismiss an amended complaint by the SEC. The motion argues that the SEC is not providing a clear standard for...
Bitcoin Open Interest Declines $2 Billion Before US Elections: Investor Caution Rising
Bitcoin investors are showing signs of caution as the US elections draw near, with open interest in Bitcoin dropping by $2 billion in recent days. This decline, as reported by Coinglass, indicates that some...
Bitcoin Miners Marathon & Riot Achieve Record Production After Halving
Marathon Digital and Riot Blockchain, two of the largest public Bitcoin miners, have achieved record-breaking production levels following the halving event in April. Despite the challenges posed by increasing mining difficulty, both companies have...
US Markets and Bitcoin Rally Ahead of Elections: What to Expect
US Markets and Bitcoin Rally Ahead of Elections: What to ExpectAs the US presidential election draws near, experts like Tom Lee from Fundstrat Global Advisors and analysts from Bernstein are optimistic about the future...
