Chinese foreign minister calls for cooperation among Japan, China, and South Korea in the areas of blockchain and AI (artificial intelligence)
Japan, China and South Korea also discuss cooperation in science and technology On November 26, Chinese Foreign Minister Wang Yi stated at the trilateral foreign ministers’ meeting of Japan, China, and South Korea that cooperation should be strengthened in big…
Australian retirement fund (pension fund) grows to 90 billion yen due to increase in virtual currency holdings
Virtual currency holdings increased 5 times in 4 years On 26 November, the Australian Taxation Office released statistics on asset management for retirement self-managed super funds (SMSFs). It was found that asset management allocation to crypto assets (virtual currency) increased…
Grayscale focuses on converting GBTC to Bitcoin ETF in anticipation of SEC approval
Preparing for listing on the New York Stock Exchange On the 1st, Grayscale Investments, a major U.S. cryptocurrency investment company, published a blog titled, “What will happen if GBTC is listed on the NYSE Arca as an ETF?†The company…
Financial Advisors Keen For Spot Bitcoin ETFs, Awaiting SEC Green Light, Says Ric Edelman
Ric Edelman, founder of Edelman Financial Services, has shed light on the eagerness amongst financial advisors to launch spot bitcoin exchange-traded funds (ETFs) to their clients, contingent upon approval by the U.S. Securities and Exchange Commission (SEC). What Happened: Edelman…
Bitcoin, Ethereum Surge To Yearly Highs As Digital Asset Funds See Record Inflows
Published by Benzinga As Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) reached their highest levels of the year on Monday, recent data revealed that inflows into digital asset funds hit their peak last week since their inception in October 2021….
Stocks are poised for a big 2024 rally even if the Fed doesn’t cut rates
Published by The Street By Martin Baccardax U.S. stocks are looking to power into the final weeks of the year on the back of one of the best November rallies on record. Many analysts are citing the likelihood of early-2024…
Gold hits record high as Bitcoin trades above $40,000
Published by Daily Post (Nigeria) Gold hit a record high and Bitcoin traded above $40,000 for the first time since May last year on Monday amid growing optimism that the Federal Reserve will cut United States interest rates in the…
Bitcoin Rises More Than 5% In 24 hours
Published by Benzinga Over the past 24 hours, Bitcoin’s (CRYPTO: BTC) price rose 5.34% to $41,674.00. This continues its positive trend over the past week where it has experienced a 14.0% gain, moving from $36,770.40 to its current price. As…
Markets Today: Stocks Fall Back on Concern Optimism for Fed Rate Cuts Is Excessive
Published by Barchart Morning Markets December E-Mini S&P 500 futures (ESZ23) are down -0.48%, and Dec Nasdaq 100 E-Mini futures (NQZ23) are down -0.64%. Stock index futures this morning are lower as higher bond yields weigh on stocks. T-note yields…
Galaxy Digital CEO Bullish On Bitcoin, Bill Ackman Reveals $10M Stake In Elon Musk’s X, Tesla’s EV Tax Credit To Halve Next Year And More: Top Stories From This Weekend You Shouldn’t Miss
Published by Benzinga The weekend news was a rollercoaster ride, with stories featuring tech tycoons, cryptocurrencies, and electric vehicles. Big names like Elon Musk, Bill Gates, and Bill Ackman kept popping up, while Bitcoin and Tesla Inc. remained hot topics….