Tag: Investment

news-25102024-043452

Microsoft Shareholders Vote on Bitcoin Investment Despite Board Opposition

Microsoft shareholders will soon be voting on a proposal to evaluate Bitcoin as a potential corporate investment at the upcoming annual meeting. The proposal, put forth by a shareholder advisory board, aims to assess...
news-11102024-060949

Understanding Bitcoin’s Role in Achieving the American Dream

Bitcoin is increasingly becoming a part of discussions around innovative financial structures, with a recent focus on how it could play a role in mortgage collateral. Homeownership has long been a cornerstone of the...
news-10102024-120108

ARK Invest Purchases $2.2M Worth of Coinbase Shares

Cathie Wood's investment firm ARK Invest made a significant purchase of nearly $2.2 million worth of Coinbase shares on Tuesday. This marked ARK's first acquisition of stock in the crypto exchange since September 11.The...
news-10102024-115953

Investing in Bitcoin: A Modern Approach for Millennials

Real estate has traditionally been a popular asset class for accumulating wealth, especially among older generations in cities like Singapore and Hong Kong. However, younger individuals, such as millennials and Gen Z, are facing...
news-06102024-091048

Crypto Adoption Strategies for Financial Advisors: Leveraging Cryptocurrency for Business Growth

In today’s newspaper, Nathan McCauley, co-founder & CEO of Anchorage Digital, talks about how financial advisors can use cryptocurrency to grow their businesses. Marissa Kim from Abra Capital Management also shares insights on including...
news-06102024-030931

The Rise of NFTs: CryptoPunk Sells for Record $56.3M

During the last cryptocurrency bull market, non-fungible tokens (NFTs) were selling for incredibly high prices, creating a frenzy in the market. Recently, the world's attention has shifted towards memecoins, leaving NFTs somewhat in the...
news-01082024-220301

Coinbase Reports Strong Q2 Revenue of $1.45 Billion Despite Transaction Decline

Coinbase recently announced their strong second-quarter revenue of $1.45 billion, surpassing market expectations despite a decline in transaction revenue. This is a significant improvement compared to the same period last year when their total...
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-28072024-133953

Bitcoin Price Drops in Americas Following Tech Market Decline

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...
news-28072024-023918

The Impact of a Democrat Win on U.S. Bitcoin Reserve: Trump’s Warning to Crypto...

Former U.S. President Donald Trump recently made a bold promise to establish a "strategic national bitcoin reserve" and vowed to never sell the government's seized bitcoin. This announcement was made during a speech at...