The United Arab Emirates (UAE) has passed a new law that governs virtual assets, setting up the country’s initial regulatory regime for the cryptocurrency space at the federal level. Before the...
Tag: Asset
Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong – Finance Bitcoin News
Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks “to provide econom...
Explore the Benefits of Alternative Asset Investing with HedgeUp
Place/Date: – January 12th, 2023 at 2:36 pm UTC · 4 min read Source: HedgeUP The volatility many investment portfolios experienced in 2022 left a sour taste in many investors’ mouths. The collap...
Samsung’s Asset Management Subsidiary Launches Bitcoin Futures ETF in Asia
The Hong Kong-based subsidiary of Korea’s largest investment manager, Samsung Asset Management, is set to offer Bitcoin (BTC) futures exchange-traded funds (ETFs) to investors in Asia. Samsung Asset M...
This Asset Manager Believes Allowing 401(k)s To ‘go Woke’ Forces Some Into Leftist Views
A new regulation issued by the U.S. Department of Labor goes into effect at the end of January. Employers will be allowed to put politics over profits by favoring ESG-friendly options when choosing in...
Chainlink price analysis: LINK rejected at $6.400, what is next for the asset?
TL;DR Breakdown Chainlink price analysis suggests sideways movement at the level The closest support level lies at $6.300 LINK faces resistance at the $6.400 mark The Chainlink price analysis shows th...
FET becomes reserve asset for Binance as AI token popularity rises
Fetch.ai (FET)has become a listed token on Proof of Reserves (PoR) for several exchanges, including Binance, Huobi and Bitfinex, according to Glassnode data. Artificial Intelligence (AI) token popular...
Goldman Sachs Retrenches 3,000+ Workers, Launches Digital Asset Platform Amidst Bear Run ⋆ ZyCrypto
Advertisement     US Bank, Goldman Sachs, has announced plans to lay off 3,200 workers, starting this week. Falling 2% short of its intended cut-back, close to 629 wor...
El Salvador’s Bitcoin-Backed Bonds Inch Closer After Greenlighting Digital Asset Bill
El Salvador faced a tough year after making Bitcoin legal tender in the country. But the country’s Legislative Assembly voted to pass a historic – Digital Asset Issuance legislation – that is expected...
Ripple Predicts ‘Crypto Spring’ on the Horizon for Digital Asset Industry in 2023
Top executives at San Francisco payments company Ripple think utility will be one of the most important factors for the crypto and blockchain sector in 2023. In a new series of predictions, Ripple exe...
XRP Records Strong Price Performance, Becomes 3rd Crypto Asset By Trading Volume On Binance
– Advertisement – XRP records significant gains despite weak broader market performance. According to leading cryptocurrency market intelligence platform Santiment Feed, XRP saw a signifi...
Despite SEC Objection, Court Greenlights Billion-Dollar Asset Purchase Deal Between Binance US and Voyager – Regulation Bitcoin News
The asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital has reportedly received initial court approval despite objections from various regulators, including the U.S....
XRP Now Ranks as 5th Crypto Asset by Trading Volume on Binance
– Advertisement – XRP trading volume has soared on Binance in the past day. XRP has recorded a significant milestone on Binance by ranking as the fifth coin with the highest trading volume...
Mohamed El-Erian issues a dire warning to stock and bond investors — but also offered 1 shockproof asset for safety
‘Get out of these distorted markets’: Mohamed El-Erian issues a dire warning to stock and bond investors — but also offered 1 shockproof asset for safety Due to rampant inflation, holding cash may not...
Net Zero Asset Management And The Fiduciary Duty Dilemma
Beyond the political theatre surrounding the Net Zero Asset Managers Initiative, the investment … [+] industry is grappling with genuinely tough questions around fiduciary duty. (Photo by Johann...
Crypto asset manager Osprey cuts most of its employees
Digital asset manager Osprey Funds has laid off 15 employees and is currently operating with fewer than 10 employees, according to a source familiar with the matter. The news comes as the cryptocurre...
Tron’s Justin Sun is stashing a chunk of his cash in ‘boomer’ crypto asset manager
After the news broke out that Tron (TRX) founder and Chinese crypto billionaire Justin Sun has secretly become one of the top clients of crypto asset manager Valkyrie, many experts found it odd he wou...
A US Trustee Has Opposed FTX’s Asset Sales, Demands an Independent Investigation
According to Reuters, a US Trustee has opposed FTX’s proposed asset sales, per a court filing. The troubled cryptocurrency exchange FTX intended to market its LedgerX clearinghouse, futures contracts ...
Crypto Payment Provider Wyre Limits Users to 90% Asset Withdrawal
Wyre modified its policy to allow users to withdraw below 90% of their assets. Wyre noted that the decision was in the community’s best interest. The firm made its chief security officer the interim C...
FTX asset sales challenged by U.S. Trustee: Report
Bankrupt crypto exchange FTX’s plans to sell its digital currency futures and clearinghouse LedgerX, among other businesses, were challenged by the U.S. Trustee on Jan. 7, according to Reuters. ...
Bitcoin Whales Unloaded BTC As Market Reversed and Parked Their Profits in This Crypto Asset Class: Santiment
Crypto analytics platform Santiment is revealing that the gains made by Bitcoin (BTC) whales after the end of the bull run last year were not cashed out into fiat currencies. Santiment says that as th...
Digital Asset Exchange Giant Huobi Plans To Lay Off 20% of Its Staff Amid Ongoing Crypto Winter: Report
The Seychelles-based crypto exchange giant Huobi is reportedly planning to lay off 20% of its staff as the ongoing bear market continues to thrash companies across the industry. Reuters reports that H...
Thai SEC Launches ‘Crypto Academy’ to Help Digital Asset Investors – Regulation Bitcoin News
The Thai Securities and Exchange Commission (SEC) has launched a crypto academy where investors can learn about digital assets free of charge before investing. “The more you know your investments, the...
FTX debtors and Bahamas liquidators settle on asset recovery strategy
The two halves of FTX — its debtors in the U.S. and its liquidators in the Bahamas — have agreed on an asset recovery plan according to a Jan. 6 press release. John J. Ray III, FTX’s CEO and Chief R...
Mutant Ape Planet NFT developer charged with fraud for selling ‘worthless asset’
The Department of Justice for the Eastern District of New York unsealed a criminal complaint on Jan. 5 against Mutant Ape Planet developer Aurelien Michel for defrauding investors. Michel was arreste...
The Inflow of Digital Asset Investment Products in 2022: Report
According to CoinShares report, “Bitcoin prices fell by 63%, digital assets saw inflows totalling US$433 Million for 2022.” 1. While #Bitcoin prices fell by 63%, digital assets saw inflows totalling U...
Crypto Asset Inflows Fall To Three-Year Lows Amid 63% Bitcoin Drawdown
Crypto asset inflows recorded one of their worst years in 2022. The year had been one fraught with market dips and crashes that saw over $2 trillion wiped off its market cap. Investors responded to th...
Real World Asset Tokenization a Promising Niche in Crypto Market
According to research, the tokenization of real-world assets (RWA) will be one of the major growth areas in 2023. In its latest report on Jan. 4, analytics firm CoinMetrics highlighted growth areas fo...
Nikola Stock Price Prediction: Investors’ Struggle May Soon Be Over, Could $2.0 Become Bottom for Asset in 2023?
Nikola stock price follows a declining falling wedge pattern. Bears dragged the asset’s price to all-time lows again this week. Nikola stock price has been trading lower so far after slipping below th...