Showing articles in Finance

Plans from Hong Kong's Central Bank to Relax Crypto Holding Regulations

The Hong Kong Monetary Authority is proposing changes to capital requirements for banks dealing with cryptocurrencies to foster the digital currency sector.

Finance

Figure's IPO Valued at $25 a Share, Set to Raise Nearly $788 Million

Blockchain lender Figure Technologies has announced its IPO pricing, targeting $25 per share, which could bring in nearly $788 million.

Finance

Soft PPI Data Lifts Crypto Prices; Bitcoin Surges Past $113K

Traders are optimistic about a potential interest rate cut by the Fed, yet caution remains among Bitcoin enthusiasts.

Finance

Dogecoin ETF Set to Launch in the U.S. on Thursday

Dogecoin makes its debut in the ETF market, marking a significant milestone for the cryptocurrency.

Finance

Fidelity Launches Tokenized Money Market Fund on Ethereum with $202M Backing

Fidelity Investments introduces a tokenized money market fund on the Ethereum blockchain, marking a significant entry into the fast-growing tokenized asset sector.

Crypto

The $7 Trillion Cash Reservoir That Might Ignite Bitcoin and Altcoin Surge

Recent reports indicate that U.S. money market fund assets have surged dramatically, potentially impacting investments in cryptocurrencies.

Crypto

Potential Launch of Dogecoin ETF in the U.S. This Week

In the past 24 hours, Dogecoin has risen 7% as excitement builds for a potential ETF launch.

Crypto

Crypto Markets Today: ENA and DOGE Surge Amidst Bitcoin's Ongoing Downturn

The altcoin scene is heating up, with DOGE and SUI taking the lead as signs of revitalization appear in the memecoin sector.

Digital Assets

HashKey Crypto Exchange Announces $500 Million Digital Asset Fund

The Hong Kong-based HashKey plans to establish a substantial fund focusing on investments in digital asset treasuries, starting with bitcoin and ether.

Finance

StablecoinX Raises $530 Million to Support Ethena-Linked Treasury

The recent funding is earmarked for acquiring an estimated 3 billion ENA as part of a treasury strategy for the stablecoin protocol.

Bitcoin

Bitcoin Traders Prepare for Potential Job Report Impact with Hedging Strategies

As the nonfarm payroll report approaches, bitcoin traders are strategically buying cheaper puts to protect against market fluctuations related to job data.

Crypto

The Power of Clarity in Business

In the evolving landscape of business, clarity is rapidly emerging as a crucial element for institutional growth and innovation, superseding mere speed.

Finance

Lido Introduces GG Vault for Streamlined DeFi Yield Access

The new GG Vault simplifies access to DeFi yields, allowing users to deploy funds across various protocols seamlessly.

Business

Ondo Finance Launches Platform for Tokenized U.S. Stocks and ETFs

Ondo Global Markets offers non-U.S. investors access to a range of tokenized equities backed by U.S. securities.

Business

David LaValle Appointed to Lead CoinDesk Indices in a Major Institutional Expansion

David LaValle, a veteran in the ETF sector, steps into the role of president at CoinDesk's indexing and data division, focusing on benchmarks that manage $40 billion in assets.

Business

Coincheck Acquires Regulated Prime Broker Aplo to Expand into Europe

Coincheck, a cryptocurrency exchange headquartered in Japan, has completed the acquisition of Aplo, a regulated digital asset prime brokerage based in France.

Markets

XRP Stays Around $2.75 as Analyst Highlights Potential Risks and Opportunities

XRP trades just below $2.75 after intra-day fluctuations, with analyst Ali Martinez cautioning about a potential drop to $2.40 if support levels fail, while also indicating an optimistic outlook toward $3.70.