Lockdown may have set productivity back 40 years, says OECD
Published by Euronews (English) The bleak prediction was put forward by the OECD in its February 2024 interim economic outlook: “Strengthening the Foundations for Growth.” The interim report looks at the global economic outlook and inflation forecasts for 2024, as…
Bakkt, Once In Limelight For Bitcoin Deal With Starbucks, Faces An Existential Crisis: ‘Might Not Be Able To Continue…’
Published by Benzinga Bakkt, a digital asset company in a filing with theSecurities and Exchange Commission (SEC) said that its liquidity may be insufficient to sustain operations over the next year. The firm said this is due to a “rapidly…
Cathie Wood’s Ark Invest Sheds $2.8M Worth Of Nvidia Shares Amid AI Hype, Picks Up Robinhood Stock Worth $1.3M
Published by Benzinga In a move that caught the attention of investors, Cathie Wood-led Ark Invest offloaded over $2.8 million worth of Nvidia (NASDAQ:NVDA) shares on Wednesday. This trade comes amid a flurry of discussions around Nvidia’s valuation and its…
Arthur Hayes is extremely bullish on Bitcoin price and predicts bailout measures from US banks
Bitcoin price prediction On the 6th, Arthur Hayes, former CEO of the crypto asset (virtual currency) exchange BitMEX, posted on X an extremely bullish scenario in which the price of Bitcoin could rise to $1 million (approximately 140 million yen)….
Treasury Secretary Janet Yellen Calls For New Crypto Regulations In Congressional Hearing: ‘Provide For The Regulation Of Stablecoins’
During a House Financial Services Committee hearing, U.S. Treasury Secretary Janet Yellen urged Congress to introduce specific legislation aimed at the cryptocurrency market to address potential risks not covered by current financial laws. What Happened: Yellen stressed the need for…
Bitcoin ETF continues to replace gold with Bitcoin: Ark CEO Wood | CoinDesk JAPAN
Cathie Wood, CEO of US asset management giant ARK Invest, said that a “replacement†from gold to Bitcoin (BTC) is underway, and Bitcoin spot ETFs (exchange traded funds) can be traded. He said that this trend is likely to increase…
Robinhood and MetaMask partner to make it easier to buy cryptocurrencies in the US
Linking Robinhood account and wallet Web3 wallet MetaMask and investment app Robinhood have partnered to launch a new service that makes it easier to access the crypto asset (virtual currency) market in the United States. As a result of this…
MicroStrategy buys more Bitcoin in January, resulting in unrealized gains of over 300 billion yen
Bitcoin strategy progress MicroStrategy, a US company that is a leader in the field of business intelligence (BI), is increasing its investment in the cryptocurrency Bitcoin (BTC). The company’s co-founder and chairman, Michael Saylor, announced on the 7th that the…
SEC also postpones decision on application for another physical Ethereum ETF | CoinDesk JAPAN
On February 6th, the U.S. Securities and Exchange Commission (SEC) postponed its decision on the Ethereum (ETH) spot exchange-traded fund (ETF) jointly filed by Invesco and Galaxy Digital. The proposed product would allow professional investors to gain direct exposure to…
Ark Invest CEO Cathie Wood Says Bitcoin Will Continue To Draw Investors From Gold: ‘There’s Now A Substitution’
ARK Invest’s CEO Cathie Wood spoke about the growing trend of investors moving from gold to Bitcoin (CRYPTO: BTC). What Happened: She suggested that this shift, or “substitution,†is likely to persist, especially with easier access to Bitcoin (CRYPTO: BTC)…