Tag: Financial markets

news-08112024-093201

Trump Administration Eyes Robinhood Legal Chief for SEC Chair

The Trump administration is considering appointing Dan Gallagher, Robinhood's chief legal officer and former SEC commissioner, as the chair of the Securities and Exchange Commission (SEC). Gallagher is viewed favorably by crypto executives who...
news-07112024-152657

Bitcoin ETFs See $621 Million Inflow as BlackRock Records Rare Outflow Post US Election

Bitcoin ETFs have seen a significant increase in inflows, totaling $621 million, following the recent US presidential election results. Fidelity's FBTC received a large inflow of $308.8 million, while BlackRock's IBIT experienced an outflow...
news-09102024-054756

Embracing DLT and Tokenization for Enhanced European Capital Markets

Piero Cipollone, a member of the European Central Bank's Executive Board, is advocating for the adoption of digital assets and distributed ledger technology (DLT) to create a more integrated capital markets union in Europe....
news-23082024-132650

Bitcoin ETFs See Consistent Inflows for 6th Day Amid BlackRock Surge

Bitcoin ETFs continue to attract significant investment, with a sixth consecutive trading day of inflows reported amidst a surge in interest from institutional investors. On August 22nd, Bitcoin ETFs saw a total inflow of...
news-13082024-065832

The Future of Bitcoin and Crypto in the Trump-Musk Space Era

Elon Musk and former President Donald Trump recently had a two-hour long interview that covered topics such as illegal immigration, the economy, AI, and global warming. Even though the interview attracted over 1 million...
news-05082024-012630

Bitcoin Price Drops to $57k Amid Market Decline and Recession Concerns

Bitcoin's price has dropped to $57,040 as the market experiences a decline fueled by concerns of a global recession and escalating tensions in the Middle East. This marks an 8% decrease since the start...
news-03082024-160837

Bitcoin’s Correlation with Gold Strengthening During Economic Downturns

During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged as popular options for investors seeking to hedge against market...
news-31072024-191711

Polymarket Hits $1B in Bet Trading Volume During US Election Betting Surge

Polymarket, a popular crypto betting platform, has reached a major milestone by surpassing $1 billion in trading volume. This achievement has been fueled by the high interest in the upcoming US presidential election, with...
news-29072024-170458

Ether ETFs Experience $340 Million Outflows in Debut Week

Ether exchange-traded funds (ETFs) had a rough start in their debut week, experiencing $340 million in outflows as investors pulled their money out of the Grayscale Ethereum Trust (ETHE) in favor of competing products....
news-27072024-071531

Investing in Crypto-AI: A Lucrative Opportunity for Investors

The fusion of crypto and AI is expected to contribute $20 trillion to the global economy by 2030, attracting substantial venture capital interest. The integration of AI and blockchain technologies has been gaining momentum,...