Tag: Investment
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...
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...
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...
Valour Launches Digital Asset ETPs in Kenya, Expanding Beyond Europe
Valour, a crypto fund issuer, has made a significant move beyond Europe by partnering with the Nairobi Securities Exchange (NSE) and SovFi to introduce digital asset exchange-traded products (ETPs) in Kenya. This collaboration will...
Core Scientific’s Stock Jumps 18% with $2 Billion CoreWeave Deal
Core Scientific, a Bitcoin mining company, recently announced a significant deal with CoreWeave that will see an expansion of its high-performance computing (HPC) infrastructure. This agreement will allow CoreWeave to finance modifications to Core...
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...
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....
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...
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...
Solana’s Poodlana Hits $3 Million Milestone: SOL Shorts Suffer as Price Surges
Solana's Poodlana Hits $3 Million MilestoneThe cryptocurrency market has been buzzing with excitement as Solana's Poodlana, a FashionFi meme coin, reached an impressive milestone of $3 million in presale funding just 10 days after...