Tag: finance
ADA Surges 18.4% in CoinDesk 20 Performance Update: Leading Index Higher
ADA, one of the cryptocurrencies featured in the CoinDesk 20, has experienced a significant surge of 18.4% in its performance update, leading the index higher. This surge has caught the attention of investors and...
New York Prosecutors Ease Crypto Enforcement During Transition: What it Means
New York prosecutors are making changes to their approach to crypto enforcement as leadership transitions within the office. The US Attorney's Office in Manhattan will be scaling back its focus on crypto crimes, with...
Franklin Templeton Launches $410M Money Market Fund on Ethereum Blockchain
Franklin Templeton has recently made a significant move by launching its OnChain U.S. Government Money Market Fund on the Ethereum blockchain. This allows the fund to be traded on Ethereum, which is currently the...
LTC Leads CoinDesk 20 Index with 8.5% Gain: Performance Update
CoinDesk, a reputable media outlet that focuses on cryptocurrency news, has recently reported that LTC (Litecoin) has shown an impressive 8.5% gain, leading the CoinDesk 20 Index. This significant increase in LTC's performance has...
Why Bitwise is Converting its $1.3 Billion Crypto Index Fund to an ETF
Bitwise Asset Management has announced its plans to convert its $1.3 billion Bitwise 10 Crypto Index Fund (BITW) into an exchange-traded fund (ETF). This move comes as the company aims to capitalize on market...
SocGen Crypto Arm Launching Euro Stablecoin on XRP Ledger: Multichain Expansion Plan
SG-FORGE, a subsidiary of Societe Generale, a French bank, is set to launch its euro stablecoin, EUR CoinVertible (EURCV), on the XRP Ledger network. This move is part of the company's strategy to expand...
UK Government to Pilot Digital Gilt on Distributed Ledger Technology
The UK government is set to launch a pilot program to introduce a Digital Gilt Instrument using distributed ledger technology (DLT), according to a recent statement. This move is part of the government's efforts...
Bitcoin Miners Move $4 Billion to Exchanges Amid $90,000 Price Surge
Bitcoin miners have been making some significant moves in the market recently. As the price of Bitcoin soared past $90,000, miners transferred over $4 billion worth of Bitcoin to exchanges. This surge in miner-to-exchange...
Jerome Powell’s Hawkish Comments Impact on Crypto Markets
Federal Reserve Chairman Jerome Powell's recent comments had a noticeable impact on the crypto markets, causing a slight downturn in prices. In his speech at a Dallas conference, Powell emphasized that the current strength...
Bitcoin Price Prediction: VanEck Executive Forecasts $180K Target Amid Institutional Interest
Bitcoin's price is predicted to skyrocket to $180,000 within the next year, thanks to increasing institutional interest and supportive government policies, as per VanEck's head of digital assets research, Matthew Sigel. This forecast comes...
