Over the past month, Bitcoin has lost over 18%; however, that did not stop it from becoming the 10th most valuable asset in the world. This feat was achieved by beating out Meta Platforms (NASDAQ: FB)...
Tag: Asset
Singapore’s MAS has a digital asset tokenization plan with ‘Guardian’
According to a statement by Deputy Prime Minister Heng Swee Keat, the Monetary Authority of Singapore (MAS) has unveiled Project Guardian. This will be a collaborative endeavour with the financial ind...
Fidelity Investment Plans To Hire Staff in Bulk for Digital Asset Team
2 hours ago | 2 mins read Bitcoin News Users may buy, sell, and store large sums of Bitcoin and other digital assets. The platform’s data and applications are stored in the cloud. Blockchain Engineers...
JPMorgan Dips Into DeFi With Singapore Pilot on Asset Tokenization
American investment bank JPMorgan Chase & Co is piloting the tokenization of DeFi on the blockchain, part of a project to explore the economic potential and value-adding use cases of cryptocurrenc...
Apecoin Back as Top Preferred Asset by Ethereum Whales Along With These 3 Altcoins
As the cryptospace attempts to make a positive move, most of the assets in the market are attempting to make a long leap. And hence the whales appear to have become active again as they have flipped i...
South Korea Sets Up Digital Asset Committee, Fast Tracks Crypto Regulation Efforts
South Korea aims to form a digital asset watchdog by June, according to local media sources. The committee will oversee regulation of the space until the government is able to draft basic laws on digi...
Asset Management Titan Fidelity To Offer Ethereum (ETH) Trading and Custody Services: Report
Financial services giant Fidelity is reportedly preparing to expand its crypto assets division, which is focused on appealing to institutional investors. In a new report, the Wall Street Journal says ...
Singapore to explore digital asset tokenization on public chains
The Monetary Authority of Singapore (MAS) has launched Project Guardian, a blockchain-based digital assets trial that will use tokenization. The project will include regulated financial institutions s...
Singapore to Explore Digital Asset Use Cases in New Pilot Program
The Monetary Authority of Singapore (MAS) announced Tuesday the launch of a pilot program dubbed “Project Guardian” to explore use cases for digital assets in asset tokenization and decentralized fina...
South Korea To Launch Digital Asset Watchdog In Wake Of Terra Crash
South Korea is planning to introduce a digital asset watchdog by as soon as June, according to local media reports. The country will set up a digital asset committee to serve as a “control tower” for ...
Introduction to JPEX – A Global Digital Asset Crypto Trading Platform
Founded in 2020, JPEX is a global crypto trading platform. Its users are located in many countries and regions around the world. The trading products provided include futures contracts, spot trading, ...
CrossTower Takes Aim At NFTs, Lending And Institutional Asset Management In Crypto
Benzinga, a media and data provider bridging the gap between retail and institutional investors, will be bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022. Ahead of...
This is the only asset class with a track record of ‘earning more than inflation’ — here are 3 simple ways to get exposure for the rest of 2022
Suze Orman: This is the only asset class with a track record of ‘earning more than inflation’ — here are 3 simple ways to get exposure for the rest of 2022 Whether hot inflation persists o...
Russia Reportedly Considering Crypto Asset Adoption for International Payments
The embattled nation of Russia is reportedly considering the use of crypto assets for international payments. According to a new report by Interfax, the country’s Ministry of Finance is mulling over t...
Here’s the asset investors want if inflation stays high, says Deutsche Bank. And crypto isn’t even ‘on the radar’
Home is where the heart is, and the money, if inflationary trends don’t cool. That’s according to the latest Deutsche Bank survey of investors, who say that property will be their most preferred buy-a...
The rise of blockchain gaming, DAO management and asset tokenization
Bitcoin (BTC) and the broader cryptocurrency market have provided very little comfort in recent weeks, as macroeconomic headwinds and the implosion of the Terra ecosystem continue to reverberate. But,...
Cardano Has Potential to Become Scarce Asset Like Bitcoin: Community
According to “ADA whale,” a Cardano community-focused Twitter account, Cardano remains one of the few coins that comes close to Bitcoin’s distribution and inflation. He also feels th...
Ethereum (ETH) Wallet With Over 30 Million Users Unveils Partnership To Assist Victims of Crypto Asset Scams
A popular Ethereum (ETH) wallet is unveiling a new partnership to help victims of crypto scams recover their digital assets. According to a recent press release, MetaMask, a crypto wallet with over 30...
Jupiter Exchange Raises $5 Million in Seed Funding for First Publicly Available Alternative Asset Exchange
May 26, 2022 – Today Jupiter Exchange, an alternative asset exchange using fractional NFT technology, announced that it has closed on a $5 million seed funding round led by White Hilt Capital. Jupiter...
Operation HOPE Gathered Leading Regulators And Prominent Digital Asset Companies To Show How To Thrive In The Present Digital Economy
Advertisement     The Summit urged organizations to sign the Investors’ Bill of Rights; First cryptocurrency financial literacy course launched. (ATLANTA, May 26, 2022...
Banking Giant JPMorgan Says Crypto Has Replaced Real Estate As ‘Preferred Alternative Asset Class’: Report
Financial services giant JPMorgan says crypto assets have now surpassed real estate in terms of growth potential. According to a new report by Fortune, JPMorgan strategists guided by Nikolaos Panigirt...
Fed Sees Asset Prices As Elevated, Expects To Raise Rates Further
WASHINGTON, DC – OCTOBER 04: Federal Reserve Board Chairman Jerome Powell attends an event at the … [+] Federal Reserve headquarters October 4, 2019 in Washington, DC. Powell participated ...
SuMi Launches Digital Asset Joint Venture with Crypto Exchange Bitbank
The name disclosed to reporters is Japan Digital Asset Trust Preparatory Company (JADAT), however, it is expected to be shortened to Japan digital asset trust. With the rising demand for digital asset...
JPMorgan Says Bitcoin Is Undervalued By 28%, Says Cryptocurrencies Are Now A ‘Preferred Alternative Asset’
getty Despite the crypto slump, banking giant JPMorgan says bitcoin is massively undervalued. Maintaining its estimate of bitcoin’s fair value at $38,000, the bank today reiterated the assessmen...
JPMorgan says Bitcoin and crypto is now its preferred ‘alternative asset class’
After a steep decline in cryptocurrency prices, JPMorgan (NYSE: JPM) has said that the fair price of Bitcoin is 28% higher than its present level, implying that there is a “considerable upside from he...
Japanese Bank Launches Crypto Digital Asset Joint Venture
Sumitomo Mitsui Trust Holdings (SuMi) has announced it will create a trust company with Japanese crypto exchange Bitbank to manage digital assets for clients. The newly developed firm will offer custo...
Dubai Regulator Grants Virtual Asset License to Former Singapore Legislator’s Company
Former Singapore nominated Member of Parliament Calvin Cheng announced on Monday the establishment of his non-fungible token (NFT) and fan token investment holding company, Calvin Cheng Web3 Holdings ...
Korean Police Request LFG Asset Freeze: KBS
Key Takeaways South Korean authorities have asked crypto exchanges to freeze assets linked to the Luna Foundation Guard, KBS has reported. It comes after LFG faced questions over how it had spent its ...
Is Bitcoin (BTC) a Currency? Sweden’s Central Bank Weighs In on the Largest Crypto Asset
Sveriges Riksbank, Sweden’s central bank, is looking at Bitcoin in an effort to determine whether the largest crypto asset could be considered as a currency. According to Riksbank, Bitcoin must meet t...