Standard Chartered Bank has warned that bitcoin’s price could potentially decline to $50,000. The head of digital asset research at the bank attributed this forecast to a mix of crypto-specific factors and broader macroeconomic influences. Additionally, he warned about the risk of liquidation for some spot exchange-traded fund (ETF) positions, emphasizing that over half of […]
On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against financial privacy and non-custodial solutions. Lightning Network Platform Phoenix […]
Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the artificial-intelligence euphoria that has powered the bull market has run too far.
HK crypto-spot ETF market launches coincided with US BTC-spot ETF outflows for the fifth day as investors considered the looming FOMC press conference.
The Financial Times (FT) and OpenAI has announced a partnership today. This collaboration is meant to use AI to improve news consumption experiences and content creation. This comes after NYT’s lawsuit said that OpenAI’s unlawful model training costs The New York Times “billions.” What does the deal consist of? How is it good for both […]
A University of Edinburgh academic moved halfway across the world for a ‘dream job’ before her life was turned upside down by two cancer diagnoses. Bronwyn Sumption, 31, swapped South Africa for the Capital in 2022 along with her partner Erika van den Heever after she was offered a post as a teaching fellow in international sport development. The big move was going well until she was diagnosed with a rare form of blood cancer in May 2023, and went through several gruelling rounds of chemotherapy...
Financial Perspectives Inc bought a new stake in shares of Vanguard Extended Market ETF (NYSEARCA:VXF – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 363 shares of the company’s stock, valued at approximately $60,000. A number of other […]
Bitwise Asset Management expects bitcoin to have a great next 12 months. A Bitwise researcher has explained that the cryptocurrency will likely continue to test its “higher highs” this year and next. He considers regulatory risk to be the primary concern for bitcoin. ‘I Think We’re Just Getting Started’ Bitwise Asset Management has reaffirmed its […]
Egon von Greyerz, a former banker and gold analyst, claims that gold and silver are set for a price rally amidst an upcoming collapse of the U.S. financial system. Von Greyerz states that interest rates will exceed 10% in a hyperinflationary environment, fueled by the issuance of unlimited debt and the loss of trust in […]
The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions and future outlooks, FDA’s research report provides several predictions for short and long-term trends. Fidelity Digital Assets Spotlights Bitcoin and Ethereum Market Shifts in New […]
Larson Financial Group LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 10.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 75,701 shares of the company’s stock after buying an additional […]
Cryptocurrency markets operate continuously, trading every day of the week, around the clock. In a similar vein, reports indicate that the New York Stock Exchange (NYSE) is exploring the possibility of shifting to 24/7 operations. The data team at NYSE has conducted a survey among its investors, revealing a strong interest in the availability of […]