Category: Asset

  • VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050

    This article is also available in Spanish. As Bitcoin rebounds from its brief correction and approaches the $70,000 mark, Matthew Siegel, head of digital asset research at asset manager and exchange-traded cryptocurrency issuer VanEck, shared his thoughts on the potential path for the cryptocurrency in light of the upcoming US…

  • Fountain Asset Corp. Announces Change in Meeting Location

    Article content TORONTO, Oct. 28, 2024 (GLOBE NEWSWIRE) — FOUNTAIN ASSET CORP. (TSXV: FA) (hereinafter referred to as the “Company”) announces a change in the location of its special meeting of shareholders scheduled to be held on October 30, 2024 (the Special Meeting of Shareholders scheduled to be held on…

  • Bank of England says global asset prices remain ‘stretched’ By Reuters

    By David Milliken and Suban Abdullah LONDON (Reuters) – Global asset prices remain under pressure and are vulnerable to a significant decline as investors become more concerned about geopolitical risks, the Bank of England said on Wednesday. The Bank of England said overall risks to British financial stability were unchanged…

  • Bank of England says global asset prices remain ‘stretched’ By Reuters

    By David Milliken and Suban Abdullah LONDON (Reuters) – Global asset prices remain under pressure and are vulnerable to a significant decline as investors become more concerned about geopolitical risks, the Bank of England said on Wednesday. The Bank of England said overall risks to British financial stability were unchanged…

  • BREAKING: First XRP ETF Filed By Crypto Asset Manager Bitwise In Delaware

    As Ripple moves closer to resolving its ongoing legal dispute with the US Securities and Exchange Commission (SEC), crypto asset manager Bitwise Invest has taken an important step by filing its first application for a spot XRP ETF in Delaware. Bitwise XRP ETF App This deposit, I mentioned Written by…

  • UBS says gold is its “Most Preferred” in its global asset allocation

    UBS analysts reiterated their bullish outlook for gold, citing its value as a hedge against macroeconomic and geopolitical uncertainty: Maintains a price target of $2,700 per ounce by mid-2025 Briefly from the UBS report: Gold is expected to rise 23% in 2024, reaching an all-time high, due to lower US…

  • Detroit Aims to Drive Digital Asset Innovation on Day Three of the America Loves Crypto Tour

    Cryptocurrency natives and fans of Detroit rapper Big Sean flocked to Lager House, outside downtown Detroit, for the third stop of America loves cryptocurrencies The tour. The event featured an evening of live entertainment and a call to action to encourage voters to vote with cryptocurrencies in the upcoming 2024…

  • Detroit Aims to Drive Digital Asset Innovation on Day Three of the America Loves Crypto Tour

    Cryptocurrency natives and fans of Detroit rapper Big Sean flocked to Lager House, outside downtown Detroit, for the third stop of America loves cryptocurrencies The tour. The event featured an evening of live entertainment and a call to action to encourage voters to vote with cryptocurrencies in the upcoming 2024…

  • Tron Emerges As Top Trending Crypto Asset After New Meme Coin Deployer Launch – Santiment

    The newly introduced SunPump, a meme coin publishing tool on the Tron network, is seeing huge adoption in the industry. Following the launch of the meme coin publishing tool, Tron (TRX) It has risen to the top of the trending cryptocurrency assets, sparking a wave of engagement and interest within…

  • Tron Emerges As Top Trending Crypto Asset After New Meme Coin Deployer Launch – Santiment

    The newly introduced SunPump, a meme coin publishing tool on the Tron network, is seeing huge adoption in the industry. Following the launch of the meme coin publishing tool, Tron (TRX) It has risen to the top of the trending cryptocurrency assets, sparking a wave of engagement and interest within…

  • Tax from business profits, asset transfers suppressed despite higher rates

    Kenya Revenue Authority collections from profits, asset transfers and other business activities have remained in single digits for two consecutive years amid a raft of new and higher taxes. The Kenya Revenue Authority collected Sh488.10 billion from corporate profits from operations and capital gains from transfers of property and shares…

  • Which Digital Asset Led the Charge?

    The global cryptocurrency investment market has seen a huge influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest Data From CoinShares, digital asset investment products saw an additional net inflow of $1.35 billion last week. This latest infusion of funds brings the…

  • Which Digital Asset Led the Charge?

    The global cryptocurrency investment market has seen a huge influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest Data From CoinShares, digital asset investment products saw an additional net inflow of $1.35 billion last week. This latest infusion of funds brings the…

  • BlockFi To Facilitate Customer Asset Withdrawals Through Coinbase Partnership

    The cryptocurrency industry has faced significant challenges in recent times, with the collapse of prominent players like FTX shaking the confidence of investors and users alike. Amidst this turbulent landscape, BlockFiAmazon, once a thriving cryptocurrency lending company, has found itself in the throes of bankruptcy proceedings. However, the company has…

  • BlockFi To Facilitate Customer Asset Withdrawals Through Coinbase Partnership

    The cryptocurrency industry has faced significant challenges in recent times, with the collapse of prominent players like FTX shaking the confidence of investors and users alike. Amidst this turbulent landscape, BlockFiAmazon, once a thriving cryptocurrency lending company, has found itself in the throes of bankruptcy proceedings. However, the company has…

  • YTD Digital Asset Inflows Surge to $17.8B, Shattering 2021’s Record

    With prices still weak over the past week, cryptocurrency investment products saw significant buying activity, with inflows reaching $1.44 billion during the period. This brings the total year-to-date inflows to $17.8 billion, breaking the previous record set three years ago. However, despite this strong flow, CoinShares reported that trading volumes…

  • Too few jurisdictions follow virtual asset guidelines: FATF

    A new report reveals that the majority of jurisdictions around the world have only partially complied with the Financial Action Task Force (FATF) recommendations on regulating virtual assets. Some progress has been made, but not enough, according to a report These recommendations were issued on July 13. More efforts are…

  • Too few jurisdictions follow virtual asset guidelines: FATF

    A new report reveals that the majority of jurisdictions around the world have only partially complied with the Financial Action Task Force (FATF) recommendations on regulating virtual assets. Some progress has been made, but not enough, according to a report These recommendations were issued on July 13. More efforts are…

  • Senator Cynthia Lummis Reiterates Support For Bitcoin As US Reserve Asset

    Once again, prominent cryptocurrency advocate and US Senator Cynthia Lummis has called for Bitcoin to be adopted as a reserve asset by the US government. Lummis’ latest show of support for Bitcoin adoption comes as the senator has also opposed the creation of a central bank digital currency (CBDC) for…

  • Sygnum, Fidelity, And Chainlink Partner Up For Onchain Net Asset Value

    In the rapidly evolving world of digital assets, partnerships between chain linkFidelity International, and We suck This collaboration is a testament to the transformative power of blockchain technology. By bringing the net asset value (NAV) data of Fidelity’s $6.9 billion institutional liquidity fund to the blockchain, the collaboration promises to…