News
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A crypto thief has had a change of heart and returned $9.3 million to a victim of a phishing attack that occurred in September 2023, approximately ten months after initially stealing $24 million.… Continue reading Scammer Hands Back $9.3M to Phishing Victim After Nearly a Year
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. UBS has downgraded Tesla stock (NYSE: TSLA) to a “sell” while raising its target price by $50 to $197. The brokerage is concerned over the deterioration in TSLA’s core automotive business and warns… Continue reading UBS Downgrades Tesla Stock Amid Concerns Over AI And Automotive Business
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Judge Katherine Polk Failla, who presided over the Securities & Exchange Commission (SEC) vs. Coinbase hearing on July 11, suggested that the Coinbase subpoena seeking access to SEC Chair Gary Gensler’s private communications… Continue reading US Judge Suggests Coinbase to Modify Probe on US SEC Chair
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. CFTC Chairman Rostin Behnam stated on July 10 that 70-80% of cryptocurrencies, including Bitcoin and Ethereum, are not securities but commodities, according to current regulations. Rostin Behnam Testimony Contrast with US SEC’s view… Continue reading CFTC Chair Rostin Behnam Reaffirms Bitcoin and Ethereum’s Commodity Status in Testimony
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Ethereum exchange-traded funds (ETFs) are reportedly close to receiving regulatory approval in the United States, according to Bitwise officers. Katherine Dowling, chief compliance officer at Bitwise, a crypto asset manager, stated that while… Continue reading Ethereum ETFs Nearing Approval, Says Bitwise Executives
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. DigitalX, a blockchain-focused asset manager, obtained regulatory approval to launch its spot Bitcoin exchange-traded fund (ETF) recently. Known as the DigitalX Bitcoin ETF, the flagship fund will become the second ETF available for… Continue reading DigitalX Bitcoin ETF Set to List on Australian Securities Exchange this Week
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. US stocks have extended their winning streak and hit record highs after Federal Reserve chair Jerome Powell said that holding rates higher for long could jeopardize US economic growth. In his prepared remarks… Continue reading US Stocks Extend Rally as Powell Says Holding Rates Higher for Long Could Hurt Growth
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Metaplanet, a publicly-listed investment and consulting firm headquartered in Japan, has acquired 42,466 BTC, amounting to approximately $2.5 million as of July 8. Metaplanet Bitcoin purchase comes amidst the volatile cryptocurrency markets and… Continue reading Japan’s Metaplanet Expands Bitcoin Holdings with New $2.5 Million Investment
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. In the early hours of July 5, the Bitcoin market price reached a four-month low of $53,499 on Coinbase following the news of Mt. Gox’s latest BTC transfer. This development triggered a wave… Continue reading Bitcoin Price Drops Below $54K, Resulting in Nearly $650 Million in Liquidations
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Asset management firm Bitwise has taken a significant step towards launching a spot Ethereum exchange-traded fund (ETF) by amending its S-1 registration with the United States Securities and Exchange Commission (SEC). The July… Continue reading Bitwise Amends SEC Filing for Spot Ethereum ETF, Launch Anticipated Soon
