‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios
After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in...
Finance
Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House
On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser...
Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May
Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a...
Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund
In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund...
Mogo Takes a Further Leap Into BTC, Eyes Long-Term Gains With $5M Bitcoin Reserve Investment
In a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by...
Peruvian Stock Exchange Announces Bitcoin Spot ETF Listings
The Lima Stock Exchange, the main Peruvian exchange, announced the inclusion of three different bitcoin spot ETF instruments in its...
Skybridge Capital’s Anthony Scaramucci on Warren Buffett Buying Bitcoin: ‘Never Say Never’
Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has commented on the potential for Berkshire Hathaway, the holding...
Legendary Investor Stanley Druckenmiller Dumps Big Tech, Bets on AI and Gold
Stanley Druckenmiller, the legendary investor who was part of George Soros’ Quantum Fund, has dumped traditional tech stocks while putting...
$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest
On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this...
Umoja Launches Beta Hedging Service to Bolster Crypto Investment Safety
On Tuesday, the crypto platform Umoja unveiled its beta version of hedging-as-a-service, designed to shield users from crypto losses. Umoja’s...
Billionaire Peter Thiel’s VC Firm Bought BTC and ETH Worth $200 Million in Latter Half of 2023
Founders Fund, a venture capital (VC) firm founded by the billionaire Peter Thiel, is believed to have acquired bitcoin and...
Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says – Finance Bitcoin News
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank...
Warren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’ – Finance Bitcoin News
Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw...
Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says – Finance Bitcoin News
Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according...
ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says – Finance Bitcoin News
The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases....
Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say – Finance Bitcoin News
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the...
India, Russia Mull Payment System Integration in Face of US Sanctions – Finance Bitcoin News
The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible...
BRICS to Promote National Currencies Before Issuing Common One – Finance Bitcoin News
The BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative...
No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again – Finance Bitcoin News
Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual...
Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts – Finance Bitcoin News
A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend...
Systemic Swiss Banks Not Ready for Crisis, Regulator Says – Finance Bitcoin News
Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The...
‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says – Finance Bitcoin News
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist...
