Shares rally as investor confidence in Fed cuts grows
Published by Reuters UK By Amanda Cooper LONDON (Reuters) -Global stocks edged up on Friday, having closed out their best month in three years the day before, as investor confidence that interest rates will fall next year has lured cash…
Galaxy Digital CEO Lauds Michael Saylor As ‘Legend’ After MicroStrategy Adds Over 16K Bitcoin In November
Published by Benzinga MicroStrategy Inc (NASDAQ:MSTR), the largest corporate holder of Bitcoin (CRYPTO: BTC), expanded its Bitcoin holdings in November. Spearheaded by its CEO Michael Saylor, the company added 16,130 BTC to its treasury. What Happened: Reacting to this news,…
Google’s RCS Hits 1B Monthly Users Milestone With Bevy Of New Features — Including One Seemingly Inspired From Apple
Published by Benzinga According to Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, the Rich Communication Services or RCS in Messages has now exceeded one billion monthly active users. The milestone includes introducing a host of new features, including Photomoji and custom chat…
Tom Emmer Slams Treasury Department’s Proposed Crypto Regulations: ‘Beware Of The Self-Proclaimed Savior’
Published by Benzinga The US Treasury Department’s suggested regulations for the burgeoning cryptocurrency industry have met with strong opposition from Republican lawmaker, Rep. Tom Emmer (R-Minn.). What Happened: As reported by The Block, the Treasury Department has proposed to Congress…
Cathie Wood’s Ark Invest Continues to Jettison Coinbase Shares As Anticipation Builds Around Approval of Bitcoin Spot ETF
Published by Benzinga On Thursday, Cathie Wood-led Ark Invest made a significant move by selling a substantial amount of Coinbase Global Inc (NASDAQ:COIN) shares. The Coinbase TradeArk Invest’s decision to offload $4.7 million worth of Coinbase shares aligns with the…
Bitcoin Spikes As Saylor’s Microstrategy Makes Biggest Purchase In Years — Ethereum, Dogecoin Post Gains Too: Analyst Predicts $3,500 Level For ETH After SEC Acknowledges Fidelity Spot ETF
Published by Benzinga Major cryptocurrencies experienced a surge on Thursday evening, driven by two significant developments, one involving Bitcoin and the other Ethereum. What Happened: On the Bitcoin front, Michael Saylor owned Microstrategy Inc (NASDAQ:MSTR), the largest corporate holder of…
Will SEC’s Comment Period On Fidelity’s Spot Ethereum ETF Application Lead To Regulated Investment Options?
Published by Benzinga The U.S. Securities and Exchange Commission (SEC) opened a forum for the public to comment on a proposed rule change that could allow asset management firm Fidelity to offer shares of its spot Ethereum (CRYPTO: ETH) exchange-traded…
Can stablecoins overcome instability? | CoinDesk JAPAN
Stablecoin is a crypto asset (virtual currency) designed to maintain stable value by pegging to an underlying asset such as the US dollar, and is said to be able to provide the flexibility of crypto assets without price volatility. (Editor’s…
MicroStrategy buys approximately $600 million worth of virtual currency Bitcoin
Increased purchases for 3 consecutive months MicroStrategy announced on the night of the 30th that it had once again increased its purchases of the virtual currency Bitcoin. (Stock price: -1.5% compared to the previous day) MicroStrategy has acquired an additional…
Grayscale updates its Bitcoin ETF application following SEC talks
Grayscale submits an updated filing for its Bitcoin ETF days after engaging in talks with the SEC. Amendments include a shift in the fee structure from monthly to daily fees. Grayscale’s ETF proposal involves the conversion of an existing investment…