Investment giant JPMorgan has made a significant move, committing a whopping $500 million to Numerai, an AI-powered cryptocurrency hedge fund. This bold decision nearly doubles Numerai’s assets under […]
Cryptocurrency’s Future in Finance: CEO Vugar Addresses World Leaders Forum
At the prestigious World Leaders Forum hosted by The Economic Times, Bitget’s Chief Operating Officer Vugar took center stage, sharing his insights on the evolving role and impact […]
Circle Proposes Dollar-Based Stablecoin Partnership with South Korean Banks
Financial technology company Circle has proposed a partnership with key South Korean banks, focusing on its existing dollar-stablecoin USDC. This move signals a significant shift in the digital […]
Circle Invests in Global Payments with Mastercard and Finastra
Circle has forged two significant partnerships to bring stablecoin settlement into mainstream financial workflows. The company’s collaboration with Mastercard and Finastra aims to unlock USDC’s potential for merchants […]
Google Launches ‘Universal Ledger’: A New Layer-1 Blockchain for Financial Institutions
Google Cloud has unveiled its plans for a new layer-1 blockchain platform called Google Cloud Universal Ledger (GCUL), designed to serve financial institutions. The project, developed over years […]
Zhou Xiaochuan Warns Against Stablecoin Adoption in China
China’s former central bank governor, Zhou Xiaochuan, has voiced strong concerns about the growing acceptance of stablecoins within the country. He believes these fiat-pegged tokens could disrupt China’s […]
CIMG Inc. to Purchase 500 Bitcoin for $55 Million, Signaling Major Shift
Hong Kong-based CIMG Inc. is set to make a major shift in its investment strategy by purchasing 500 Bitcoin worth $55 million. This strategic move will see the […]
Google Cloud Launches Universal Ledger to Revolutionize Institutional Blockchain Infrastructure
Google Cloud has unveiled its new initiative, the Universal Ledger (GCUL), a Layer 1 blockchain designed specifically for institutional payments. This project, currently in pilot phase with CME […]
Metaplanet Raises Capital to Bolster Bitcoin Holdings
Japanese listed company Metaplanet plans to raise ¥130.3 billion through issuing new shares, aiming to increase its Bitcoin reserves significantly. The company intends to purchase approximately ¥123.8 billion […]
KindlyMD Launches $5 Billion Equity Program to Invest in Bitcoin
KindlyMD, a Nasdaq-listed healthcare firm, is investing heavily in Bitcoin with a new equity program worth $5 billion. This initiative follows their merger with Nakamoto Holdings and the […]
Shiba Inu Whale Invests $1000 in Meme Coins, Seeking $10 Million Return
A successful Shiba Inu investor who amassed $50 million in 2021 is now using a smaller investment to build a potentially lucrative portfolio. This whale has identified six […]
Metaplanet Raises $881 Million for Bitcoin Expansion
Tokyo-based investment firm, Metaplanet, is set to raise ¥123.8 billion ($881 million) through an international stock offering. This funding will be used to acquire more Bitcoin (BTC), furthering […]
Ripple Develops Off-Chain Data Querying Solution for Financial Institutions
Crypto researcher SMQKE has highlighted Ripple’s development of an oracle focused on querying data from existing bank ledgers. This move marks a significant shift in the company’s strategy, […]
Google Cloud Enters Blockchain Payments Race with New Layer-1 Blockchain
Google Cloud is launching its own layer-1 blockchain specifically for financial institutions. This move positions Google to compete against Ripple, Stripe, and Circle in the growing payments landscape. […]
Crypto Market Roundup: Ethereum Hits Record High, Tech Innovation Drives Financial Sector
Today’s cryptocurrency market showed a shift towards a more balanced mood, with the Fear & Greed Index holding steady at 51. While yesterday’s index sat at 48, this […]