Liquid-Staking DeFi Platforms Currently Hold 10 million ETH Worth About $20 Billion

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The liquid staking derivatives systems are currently safeguarding over ten million Ethereum tokens, with a total value of nearly $20 billion. Prominent decentralized finance (DeFi) protocols, Lido Finance and Rocket Pool have witnessed… Continue reading Liquid-Staking DeFi Platforms Currently Hold 10 million ETH Worth About $20 Billion

Fidelity Renews Interest With Fresh Proposal for Spot Bitcoin ETF

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Asset management giant, Fidelity Investment, has refiled a new proposal to offer the first United States spot Bitcoin exchange-traded fund (ETF). Fidelity SEC Proposal: A Reawakening of Traditional Finance? Fidelity became the latest… Continue reading Fidelity Renews Interest With Fresh Proposal for Spot Bitcoin ETF

FTX Accused of Misusing Customer Deposits, Purchasing Luxury Properties, and Involving Subsidiary in Alleged Fraudulent Activities

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. FTX Trading Ltd., widely recognized as FTX, has recently made headlines due to its financial insolvency. In its latest report issued on Monday, the company leveled serious allegations against its co-founder, Sam Bankman-Fried,… Continue reading FTX Accused of Misusing Customer Deposits, Purchasing Luxury Properties, and Involving Subsidiary in Alleged Fraudulent Activities

FTX Suspends Sale of $500M Anthropic Investment Amid Ongoing Recovery Efforts

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Defunct cryptocurrency exchange FTX has halted the sale of its $500 million stake in Anthropic, an emerging artificial intelligence (AI) company. With the recovery of missing funds underway, analysts believe the sale suspension… Continue reading FTX Suspends Sale of $500M Anthropic Investment Amid Ongoing Recovery Efforts

Lordstown Motors Files for Bankruptcy and Sues Foxconn: Key Takeaways

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Lordstown Motors (NYSE: RIDE) has announced a “strategic restructuring process” and has filed for bankruptcy while suing its production partner Foxconn over the stalled funding deal. Here are the key takeaways. Lordstown said… Continue reading Lordstown Motors Files for Bankruptcy and Sues Foxconn: Key Takeaways

Jack Dorsey’s Nodeless Tweet Creates Massive Stir Over Its Impact on Bitcoin Adoption

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Nodeless platform’s launch is a win for blockchain technology as it enables individuals to accept Bitcoin Lightning payments without needing Know-Your-Customer (KYC) verification. With Jack Dorsey’s recent tweet highlighting the potential of… Continue reading Jack Dorsey’s Nodeless Tweet Creates Massive Stir Over Its Impact on Bitcoin Adoption

Lula da Silva’s BRICS Vision Shines Light on De-dollarization at Global Financial Reform Summit

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Brazilian President Lula da Silva wants to discuss an important topic at the upcoming BRICS meeting. He’s curious about why Brazil and Argentina trade using US dollars instead of their own currencies. He… Continue reading Lula da Silva’s BRICS Vision Shines Light on De-dollarization at Global Financial Reform Summit

ProShares’ BITO Sees Largest Inflow Amid Bitcoin ETF Hype

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Institutional investors have rekindled their interest in Bitcoin futures, leading to a significant weekly influx of $65 million into ProShares’ BITO Bitcoin ETF. The Enthusiasm for Bitcoin ETF Re-emerges ProShares’ Bitcoin Strategy ETF… Continue reading ProShares’ BITO Sees Largest Inflow Amid Bitcoin ETF Hype

Apple CEO Tim Cook Calls India a ‘Huge Opportunity’: Would More Investments Follow?

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. US tech CEOs including Apple’s Tim Cook, Microsoft’s Satya Nadella, and Alphabet’s Sundar Pichai met Indian Prime Minister Narendra Modi on his state visit to the country. Cook described India as a “huge… Continue reading Apple CEO Tim Cook Calls India a ‘Huge Opportunity’: Would More Investments Follow?