Grayscale, a major player in the crypto world, has launched a new investment trust focused on Story (IP), a relatively new cryptocurrency. This move comes as Story’s value has more than doubled in just the past month. Story: Intellectual Property on the Blockchain Story is a layer-1 blockchain designed to manage intellectual property (IP) rights….
An online insurance comparison site, QuoteWizard, is paying out $19 million to settle a lawsuit alleging they violated the Telephone Consumer Protection Act (TCPA). The company sent unsolicited text messages to people on the National Do Not Call Registry. Settlement Details QuoteWizard is making this payment without admitting any wrongdoing. People who believe they were…
Brian Kelly, CEO of BKCM, a digital asset investment firm, predicts a massive Bitcoin (BTC) price surge. He believes BTC could increase by a whopping 600% if it replaces gold as a store of value. Bitcoin’s Gold Rush? Kelly envisions a scenario where Bitcoin’s market cap reaches that of gold, currently around $15 trillion. With…
Tech analyst Dan Ives is predicting big things for Microsoft. He believes the company’s market cap will reach a staggering $5 trillion by 2026. Microsoft’s Cloud Strategy is Key Ives, from Wedbush Securities, highlighted Microsoft’s strong cloud computing platform, Azure, as a major driver of this growth. He stated that Azure’s performance exceeded even optimistic…
Pakistan and Kyrgyzstan are strengthening their relationship, especially in the world of cryptocurrency and blockchain technology. A Virtual Meeting and Big Plans Recently, the two countries held an online meeting between high-level officials. Pakistan’s Minister of State for Crypto and Blockchain, Bilal Bin Saqib, and Kyrgyzstan’s Director of the National Investment Agency, Farkhat Aminov, discussed…
Gate.io, a cryptocurrency exchange founded in 2013, has finally launched its spot trading services in the United States. This marks a significant step for the company and reflects a broader trend of crypto firms returning to or entering the US market. A Wave of Crypto Firms Entering the US The move comes as US regulators…
Hong Kong’s new crypto rules are causing a stir, and Fintech companies are jumping in with both feet. A Gold Rush for Stablecoins Hong Kong recently introduced strict rules for stablecoins—digital currencies pegged to a real-world asset like the US dollar. While these rules are tough, they’ve also given the green light to a huge…
Big companies are changing how they handle their cash. Forget just keeping it in the bank – they’re now piling into Bitcoin and other cryptocurrencies! The Rise of Crypto-Holding Companies A new breed of companies, let’s call them “Crypto Treasury Companies” (CTCs), are treating Bitcoin and Ethereum as part of their main cash reserves. A…
A well-known couple, Bollywood singers Sidhartha “Sammy” Mukherjee and his wife Sunita, have been arrested for allegedly running a massive fraud scheme. Federal investigators say the pair defrauded nearly 100 victims out of over $4 million. A Web of Deceit Victims claim the Mukherjees portrayed themselves as successful businesspeople, convincing them to invest in fake…
A top Goldman Sachs executive is betting big on the global economy and the stock market. Anshul Sehgal, the firm’s global co-head of fixed income, currency, and commodities, shared his optimistic outlook and investment strategy. Sehgal’s Positive Market View Sehgal sees stocks as undervalued, pointing to strong recent earnings reports as evidence. He highlights two…
