VanEck’s Matthew Sigel, a digital asset research head, predicts a Bitcoin price drop could significantly impact the growth of digital asset treasury (DAT) companies. A Bear Market Could Halt New Firms Sigel believes the current boom in DAT companies, which hold various cryptocurrencies, is directly tied to Bitcoin’s price. As long as Bitcoin’s price stays…
Chinese investors are cashing out of gold and pouring money into the domestic stock market, according to recent reports. Gold Outflows, Stock Market Gains Data shows that major Chinese gold-backed ETFs have seen a combined outflow of roughly $450 million this month alone. Analysts believe this is due to retail investors taking profits from gold…
Warren Buffett’s Berkshire Hathaway made a major move, selling off nearly $1.23 billion worth of Verisign stock. Verisign Sale The sale involved 4.3 million shares of the internet infrastructure company, at a price of $285 per share. This happened after Verisign’s stock saw some recent dips—down 3.78% in the last 24 hours and 7.61% over…
PulseChain is gaining popularity as a faster and cheaper alternative to the Ethereum blockchain. Many Ethereum projects are switching over because of Ethereum’s high transaction fees and slow speeds. Solving Ethereum’s Scalability Problems PulseChain boasts incredibly fast transaction times and very low fees. This makes it a much more attractive option for developers and users…
The crypto world is buzzing about Solana ETFs! Several companies are vying to bring a Solana (SOL) exchange-traded fund to the market, offering investors a more accessible way to invest in this popular cryptocurrency. 21Shares Updates its Application 21Shares, a big player in the crypto ETF space, recently updated its application for a spot Solana…
Solana’s decentralized exchanges (DEXs) are experiencing a huge surge in activity, thanks to tons of new tokens and PumpSwap’s dominance. This means more people are interested in high-risk, high-reward investments, making it a potentially good time to look at meme coins. PumpSwap’s Reign Even though Solana’s SOL token price has dipped recently, the Solana DEX…
Ethereum just celebrated its 10th birthday, and what a present! Companies are piling into ETH, holding over $10 billion worth – that’s 2.26% of all the ETH out there! Big Companies are Buying ETH SharpLink Gaming and Bitmine Immersion Technologies are now among the biggest ETH holders, even bigger than the Ethereum Foundation itself! This…
A massive new report aimed at making the US the global leader in crypto offered a ton of proposals on regulation and taxes. But one thing it didn’t tell us? How much Bitcoin the government actually owns, or how it plans to buy more without spending extra money. The Mysterious Bitcoin Reserve The report, touted…
Decentralized finance (DeFi) is shaking up the traditional mortgage system, especially in developing countries. It offers a potential solution to the challenges of accessing stable, long-term financing in these regions. The Mortgage Problem in Developing Nations Global markets are interconnected. Interest rate hikes anywhere create ripples worldwide, impacting even smaller economies. The US dollar’s dominance…
ECB employees are sounding the alarm, claiming the institution is operating in an undemocratic manner and disregarding the rule of law. Staff Complaints and Accusations The ECB’s staff committee fired off a letter to President Christine Lagarde, outlining widespread concerns. These include favoritism, extremely high burnout rates, and the precarious position of many temporary staff….
