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Crypto could see $6 trillion from inheritances over 20 years: Bitwise’s Matthew Sigel
Bitwise Head of Digital Assets Research Matthew Sigel said more than $6 trillion could flow into crypto from inheritances over the next 20 years. On July 8, Sigel cited the 2024 Bank of America Private Bank Study, which said that Gen X, millennials, and future generations could inherit $84 trillion from seniors and Baby Boomers […] The post Crypto could see $6 trillion from inheritances over 20 years: Bitwise’s Matthew Sigel appeared first on CryptoSlate. дальше »
2024-7-9 00:30 | |
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PRConnect taps MediaFuse for guaranteed coverage in blockchain, fintech sectors
PRConnect, a digital content marketing services provider, has partnered with MediaFuse, a vertical newswire service, to enhance its news and content distribution services. In a statement shared with CryptoSlate on July 8, the companies said the move would expand PRConnect’s global distribution footprint while simultaneously creating successful campaigns targeting multiple markets and regions. дальше »
2024-7-9 23:45 | |
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US Investors Show Interest in Ethereum ETFs, Survey Finds
Analysts said the Ethereum ETF is an exposure to blockchain and crypto beyond digital gold. The post US Investors Show Interest in Ethereum ETFs, Survey Finds appeared first on BeInCrypto. дальше »
2024-7-8 07:50 | |
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Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency. дальше »
2024-7-9 08:01 | |
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Galaxy expects spot Ethereum ETF in July, is optimistic about more crypto ETFs
Galaxy Digital head of asset management Steve Kurz said the SEC could approve a spot Ethereum ETF before the end of July and described prospects for other crypto ETFs. On July 2, Kurz told Bloomberg that he expects approvals in “weeks, not days” and within the month. дальше »
2024-7-3 23:45 | |
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Marathon Digital diversifies revenue by mining Kaspa, aims for 16% global hash rate
Bitcoin miner Marathon Digital is diversifying its revenue by mining Kaspa, a proof-of-work (PoW) layer 1 blockchain network. The miner said it became interested in Kaspa in May 2023 when its internal analysis revealed diversifying opportunities beyond Bitcoin mining. дальше »
2024-6-27 14:09 | |
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Majority of Japanese Institutional Investors Plan to Invest in Crypto in Next Three Years: Nomura Survey
54% of respondents said they planned to invest in cryptocurrencies in the next three years and 25% of firms said they had a positive impression of digital assets, the study said. дальше »
2024-6-25 12:07 | |
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Iran to pilot CDBC in Kish Island starting July
The Central Bank of Iran (CBI) will begin a trial of its central bank digital currency (CBDC), the digital rial, in Kish Island starting in July. The central bank said on June 19 that banking network customers and tourists can use the digital rial wallet to make purchases and transfers between wallets via barcode without […] The post Iran to pilot CDBC in Kish Island starting July appeared first on CryptoSlate. дальше »
2024-6-20 03:55 | |
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IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency
Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund's (IMF) has said. дальше »
2024-6-20 10:21 | |
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BIS reveals almost every major central bank is interested in wholesale CBDCs
The Bank for International Settlements (BIS) said its recent survey of central banks revealed that 94% of them globally are now engaged in exploring central bank digital currencies (CBDCs) — reflecting a sharp increase in experiments and pilots, especially with wholesale CBDCs. дальше »
2024-6-16 03:45 | |
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SEC commissioner Uyeda acknowledges benefits of securities tokenization
SEC commissioner Mark Uyeda acknowledged that asset tokenization, including tokenization of securities, carries potential benefits. Uyeda said on June 14 that representing asset rights with a digital token on a blockchain can provide “security, transparency, and immutability. дальше »
2024-6-16 03:06 | |
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Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report
Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said. дальше »
2024-6-14 20:11 | |
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Andreessen Horowitz donates $25 million to Fairshake Super PAC
VC firm Andreessen Horowitz (a16z) donated $25 million to Fairshake and related entities, a16z crypto Managing Partner Chris Dixon said on May 30. Dixon said the donation would help Fairshake support bipartisan US candidates, promote entrepreneurship, and advance clear rules for digital assets. дальше »
2024-5-31 02:15 | |
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Gemini Earn returns over $2 billion in crypto, triggering concerns of sell pressure
Crypto exchange Gemini said users of its now-defunct Earn product received $2. 18 billion of their digital assets, according to a May 29 statement. These distributions amount to 97% of the total digital assets owed to Earn users, marking a significant recovery since the collapse of crypto lender Genesis, which halted withdrawals in November 2022. дальше »
2024-5-30 21:26 | |
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ETF approvals will boost Ethereum’s long-term growth despite short-term headwinds – Kaiko Research
Kaiko Research said on May 27 that spot Ethereum ETF approvals are a positive sign for the digital asset’s long-term growth despite potential short-term headwinds. According to Kaiko’s report, the approval has removed much of the regulatory uncertainty around Ethereum’s classification as an asset class. дальше »
2024-5-28 00:33 | |
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Ether Spot ETF Approval Would Raise Expectations Solana Could Also Be Classified as a Commodity: Bernstein
Ether spot ETF approval would set a precedent as the first non-bitcoin digital asset to be considered a commodity, raising expectations that solana could follow the same path, the report said. дальше »
2024-5-26 14:22 | |
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VanEck intends to be first spot ETH ETF issuer, argues against simultaneous approvals
VanEck Head of Digital Assets Research Matthew Sigel said on May 22 that the firm should be able to launch its spot Ethereum ETF before competitors. In a conversation hosted by The Block, Sigel said that VanEck was the first to file its S-1 registration statement and “fully expects” to receive comments and “go first. дальше »
2024-5-23 02:04 | |
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Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord
The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered the industry, the report said. дальше »
2024-5-15 13:17 | |
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SEC Rebuts Coinbase's Attempt to Get Appeals Court to Answer Key Crypto Question
Coinbase hasn't successfully argued that an appeals court needs to look at how securities regulations might apply to digital assets, the U.S. Securities and Exchange Commission (SEC) said Friday. дальше »
2024-5-12 00:10 | |
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Ex-head of China’s CBDC reportedly under investigation
The former head of China’s digital yuan initiative is reportedly under investigation for “serious violations of discipline and law.” Yao Qian, the former lead developer of China‘s central bank digital currency (CBDC) initiative, is said to be under investigation for… дальше »
2024-4-26 13:33 | |
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Marathon to double Bitcoin mining capacity by 2024
Marathon Digital has revised its 2024 hash rate goal upwards from 35-37 exahashes per second (EH/s) to 50 EH/s following recent acquisitions that expanded its capacity. Per an April 25 press release, Marathon’s CEO, Fred Thiel, said that the firm… дальше »
2024-4-26 12:30 | |
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Israeli central bank official says digital payment methods have ‘eroded’ the role of cash
Andrew Abir, deputy governor of the Bank of Israel, recently said that traditional cash was once competitive with other payment methods, but its role has “eroded” because of technological limitations as finance becomes increasingly digital. дальше »
2024-4-17 03:00 | |
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Fetch.ai, SingularityNET, and Ocean Protocol’s planned $7.5 billion ASI token to launch in May
The Artificial Superintelligence Alliance (ASI), comprising Fetch. ai (FET), SingluarityNET (AGIX), and Ocean Protocol (OCEAN), said the highly anticipated ASI token will be launched in May. In an April 16 statement, the Alliance stated that the ASI token would merge the native digital assets of the three decentralized artificial intelligence protocols and rank among the top 20 cryptocurrencies, […] The post Fetch. дальше »
2024-4-17 20:23 | |
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Japan’s Metaplanet stock soars 89% after disclosing investment in Bitcoin
Shares of Japanese listed firm Metaplanet saw over 89% gains after the firm disclosed it accumulated JPY 1 billion ($6.5 million) worth of Bitcoin (BTC). The Web 3.0 and metaverse-focused entity said the investment was a strategic pivot in embracing digital assets and aligning with the future of finance. The company added: Our transition to […] дальше »
2024-4-9 15:45 | |
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Swiss central bank believes retail CBDCs could destabilize financial system
Swiss National Bank (SNB) Chairman Thomas Jordan said the central bank “sees no need” to issue a central bank digital currency (CBDC) for public use despite the benefits of a wholesale version. дальше »
2024-4-9 02:16 | |
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Crypto Market Conditions That Fueled FTX, Bankman-Fried, No Longer Hold: Galaxy Digital
U.S. investors now have access to regulated bitcoin ETFs that provide the same protections as buying stocks and reduce the incentive to move to unregulated offshore exchanges, the report said. дальше »
2024-4-3 14:37 | |
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Is Bitbot a buy after BlackRock dubbed BTC not a ‘risk-on’ asset?
Bitcoin is not really a “risk-on asset” – it is, instead, more like digital gold, says Robert Mitchnick of BlackRock Inc. What Mitchnick said at the Bitcoin Investor Day conference Mitchnick agrees the world’s largest cryptocurrency does sometimes act similar to a high-risk tech stocks. дальше »
2024-3-27 17:39 | |
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SWIFT completes second test phase of CBDC with smart contract, atomic settlement capability
SWIFT said on March 25 that it discovered several applications for its central bank digital currency (CBDC) solution following a successful six-month test. The company did not create its own CBDC but instead developed an interlinking solution for existing CBDCs — dubbed the SWIFT connector. дальше »
2024-3-26 04:00 | |
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Cathie Wood doubles down on $1.5 million Bitcoin as institutional exposure looms
Ark Invest CEO Cathie Wood said Bitcoin could be worth more than $1. 5 million per coin if institutions allocate roughly 5% of their portfolios to the digital asset. Wood made the statement during the Bitcoin Investor Day conference in New York on March 22. дальше »
2024-3-24 01:10 | |
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