Category: Asset
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$291B Asset Manager Founder Predicts Bitcoin Will Hit $420,000
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in interview With Yahoo Finance’s “Wealth,” Rick Edelman, founder of the Digital Asset Council for Financial Professionals and $291 billion asset manager Edelman Financial Services, provided a startling prediction for Bitcoin’s price. Edelman argued that the price of Bitcoin could rise to $420,000, and attributed this potential rise to a…
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This Public Japanese Firm Has Added Bitcoin as Its Reserve Asset
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Bitcoin has continued to gain mainstream adoption, as major corporations and industry leaders incorporate the digital asset into their long-term financial strategies. Metaplanet, a Japanese investment and advisory firm listed on the Tokyo Stock Exchange, is the latest company to make such a remarkable move. Metaplanet makes reserve assets for…
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Liminal Custody Secures Key ADGM FSP License, Reinforcing Leadership in Digital Asset Custody
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(Press release – Abu Dhabi, Abu Dhabi, May 14, 2024) Border guardingABC, a leading provider of digital asset custody solutions and wallet infrastructure, announced today a historic milestone in the acquisition of a Financial Services Permit (FSP) from the Financial Services Regulatory Authority (FSRA) on the Abu Dhabi Global Market…
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A Glimpse Into Digital Asset Fortunes
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Which NFT commands the highest price tag and why? We uncover the record-breaking prices of the most expensive NFT pieces and what makes them stand apart in the digital art space, illuminating your path through this cutting-edge market. Key Takeaways NFT sales like Pak’s ‘The Merge’ at $91.8m and Beeple’s…
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Ripple joins DeRec Alliance asset recovery initiative
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Ripple joins Swirlds Labs and the Algorand Foundation as a founding member of the DeRec Alliance. The alliance aims to simplify the implementation and recovery of digital assets. The decentralized recovery (DeRec) protocol created within the project allows private information to be recovered even if users lose their smartphone or…
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Indonesia Establishes A Crypto Asset Committee To Regulate The Bursting Crypto Sector
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Image from analytics insight Indonesia’s cryptocurrency landscape has been rapidly evolving, marked by surging transaction volumes and a growing investor base. To keep pace with these developments and ensure regulatory compliance, the country’s Commodity Futures Trading Regulatory Agency, known as Bappebti, has taken a decisive step by establishing a dedicated…
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Indonesia Establishes A Crypto Asset Committee To Regulate The Bursting Crypto Sector
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Image from analytics insight Indonesia’s cryptocurrency landscape has been rapidly evolving, marked by surging transaction volumes and a growing investor base. To keep pace with these developments and ensure regulatory compliance, the country’s Commodity Futures Trading Regulatory Agency, known as Bappebti, has taken a decisive step by establishing a dedicated…
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Revolut Enters The Crypto Exchange Arena By Launching Revolut X; UK’s Newest Digital Asset Trading Platform
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Image from Coin Journal In the rapidly evolving world of digital finance, the emergence of dedicated cryptocurrency exchanges has become an important trend, as traditional financial institutions increasingly embrace the potential of this thriving market. One such player that has recently made its foray into the cryptocurrency exchange scene is…
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MAS Regulated Digital Asset Custodian, Propine Introduces Support for Fathom Dollar $FXD Stablecoin on XDC Network
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(Press Release – Singapore, Singapore, May 2, 2024) MAS-supervised trustee Propane Announces support for Fathom Dollar’s FXD, a stablecoin pegged to the US dollar designed to bridge the $5 trillion trade finance gap. This development puts FXD at the forefront of real assets (RWA), leveraging the power of blockchain to…