Despite rumors circulating regarding an alleged $42 million investment in Circle, Bullish, and BitMine by Ark Invest, there is currently no verified evidence to support this claim. Rumors […]
Metaplanet Invests $150 Million to Buy More Bitcoin
Japan-based crypto asset management firm Metaplanet is strategically acquiring more Bitcoin through a $150 million investment in Class B perpetual preferred shares. This move will bolster the company’s […]
Crypto Integration Drives Wealth Manager Exodus as Young Investors Seek Access
A new survey reveals that one in three young, affluent U.S. investors have switched advisors due to a lack of crypto access. This trend highlights a generational shift […]
Ethereum Plummets: BlackRock’s Staked ETH ETF Could Offer a Lifeline
Ethereum prices have taken a sharp dive, plummeting 15% in the past week and 1.1% over the last 24 hours, settling at $3,024 as of 2:33 AM EST. […]
Abu Dhabi Deepens Bitcoin Holdings Amidst Market Fluctuation
The Abu Dhabi Investment Council (ADIC) dramatically increased its Bitcoin exposure during the third quarter of 2023, tripling its holdings in BlackRock’s iShares Bitcoin Trust (IBIT). This move […]
Whale Investor Doubles Down on ETH after Recent Losses
A major cryptocurrency investor, with the address 0x8d0, has taken a substantial new long position in Ethereum (ETH) at $3,021, totaling approximately $15.11 million, following a recent series […]
Abu Dhabi Deepens Bitcoin Investment Amidst Market Volatility
Despite recent market volatility, Abu Dhabi’s sovereign wealth fund significantly bolstered its Bitcoin holdings, signaling a long-term commitment to the cryptocurrency. The Abu Dhabi Investment Council (ADIC) increased […]
Trump Highlights $1 Trillion Saudi Investment Commitment, No Impact on Crypto Markets
President Trump emphasized the significant increase in Saudi Arabia’s investment in the United States to reach a whopping $1 trillion, with focus on technology, AI, and defense sectors. […]
Trump Critiques Fed Chair at Saudi Investment Forum, Market Remains Unmoved
Donald Trump’s comments targeting Federal Reserve Chair Jerome Powell during the recent Saudi Investment Forum sparked speculation and dominated headlines. While no concrete evidence emerged regarding a potential […]
High-Income Investors Abandon Advisors Due to Limited Crypto Options
A new survey by Zerohash reveals a significant trend in the US high-income investor community. Over 35% of those aged 18-40, with considerable financial resources, have switched financial […]
BlackRock Enters Staked Ethereum ETF Race, Facing Competition From Rivals
BlackRock has filed an iShares Staked Ethereum Trust ETF with the Securities and Exchange Commission (SEC) in Delaware. This move marks the asset manager’s entry into a market […]
Crypto Access Drives Shift in Young Investor Advisor Relationships
A new survey reveals that over a third of young, wealthy investors are abandoning traditional financial advisors who fail to offer crypto access. Zerohash, a crypto payments provider, […]
Touareg Group Unveils USD 1 Billion Investment in TrustglobeX, a Revolutionary Crypto Exchange
Global investment powerhouse Touareg Group has launched its new subsidiary, Touareg Group Technologies Co., with a groundbreaking $1 billion fund to launch TrustglobeX. This innovative crypto exchange promises […]
Ethereum ETF Outflow Streak Continues, Reaching Seven Consecutive Days of Withdrawals
US spot Ethereum ETFs experienced a continued trend of withdrawals, with net outflows totaling $38.9 million over the past seven days, according to data from TraderT. This alarming […]
Bitfury Shifts Focus, Investing $1 Billion in AI Startups
Bitfury, the company behind early Bitcoin mining ventures, is transitioning from traditional mining to become a major investor in emerging technologies like artificial intelligence (AI). This strategic shift […]