Tag: finance

Michigan's state pension fund recently made headlines by disclosing an exposure of over $11 million to spot Ethereum exchange-traded funds (ETFs) in its latest 13-F filing. This move positions Michigan as the first state...

VanEck recently shared insights into Solana's appeal, emphasizing that the network's efficiency drives high transaction volumes and revenue growth, despite concerns about wash trading in memecoins. This news comes amidst speculation about the accuracy...

The Monetary Authority of Singapore (MAS) has announced plans to advance tokenization in financial services. This initiative includes forming commercial networks to deepen liquidity of tokenized assets, developing an ecosystem of market infrastructures, fostering...

Bitcoin traders are eagerly awaiting a surge in price volatility that could be triggered by the upcoming U.S. presidential election, according to experts. Greg Magadini, director of derivatives at Amberdata, predicts that the election...

Citi and Fidelity, two major players in traditional finance, have collaborated on a proof-of-concept for a digital foreign exchange swap within an onchain money-market fund. This innovative concept will be showcased at the upcoming...

German traditional finance giants have officially confirmed a trial project aimed at mining Bitcoin using surplus renewable energy in order to stabilize the energy grid. The initiative, a partnership between Deutsche Telekom and Bankhaus...

Wall Street's recent acceptance of Bitcoin signifies a significant shift in the world of finance, paving the way for increased collaboration and innovation between traditional and digital financial sectors. The acknowledgment of Bitcoin's potential...

Bitcoin's price has dropped to just above $64,000 in the Americas due to a stock market decline and weakening sentiment for risk assets. This led to over $250 million worth of bullish bets being...

The State of Michigan Retirement System recently made a significant investment by adding $6.6 million in Bitcoin ETF holdings. This move, which includes 110,000 shares in ARK 21Shares Bitcoin ETF (ARKB), was disclosed in...

What a whirlwind of events in the political landscape. After President Biden's announcement not to seek re-election and Vice President Kamala Harris emerging as the presumptive nominee for Democrats, the focus shifted to how...