Bloomberg ETF analyst James Seyffart estimates that the SEC’s decision deadline for Fidelity will likely be January 21, 2024, with the final decision expected on March 8, 2024. The United States Securities and Exchange Commission (SEC) has recently opened the floor for public comments on Fidelity Investments’ proposed spot Ethereum …
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Privacy coins remain a bone of contention when it comes to governments trying to regulate crypto transactions but that has not diminished their popularity. As more blockchains become easier to track, crypto investors have moved to privacy coins in a bid to better conceal their financial footprints. So as the …
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Although the most violent months of inflation increases in the developed world seem to be behind us, there are still countries where the rising costs of essential goods are threatening the local economies and people. Moreover, many economists are predicting higher inflation rates in the upcoming months coming back to …
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TRON (TRX) and Decentraland (MANA) are two cryptocurrencies that made a lot of noise during the week. Justin Sun recently announced that the TRON network has $1 billion in Tether. The Decentraland team announced the Music Festival of 2023. However, another project is getting whale attention, and that’s Everlodge (ELDG). …
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According to a Bloomberg report, MakerDAO, one of the prominent decentralized lenders in cryptocurrency, has reaffirmed its decision to invest billions of dollars in US government bonds. This strategic move has propelled its governance coin, MKR, to reach its highest level since April 2022, outperforming other major cryptocurrencies, including Bitcoin …
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Huobi Global, a prominent cryptocurrency exchange, is at risk as investments in the staked USDT (stUSDT) project soar to $1.8 billion. The project, spearheaded by crypto entrepreneur Justin Sun, promises 5% returns tied to low-risk securities like government bonds. However, according to a Bloomberg report, Huobi’s heavy involvement in the …
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Oman disclosed a partnership of $300 million with Abu Dhabi’s Phoenix Group to establish a 150-megawatt crypto mining facility in collaboration with Green Data City. This month in August, the Sultanate of Oman announced some multi-million investments in its crypto mining operations in its recent attempt to embrace digital assets. …
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Crypto sector investments are facing increasing hesitation from venture capitalists due to a combination of ongoing controversies, market volatility, and uncertain regulatory conditions. As a result of these challenges, funding has decreased as investors exercise prudence and look for more secure investment options elsewhere. A recent research from RootData, an …
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Scaramucci highlights the importance of patience when considering Nvidia as an investment opportunity. Investing in Artificial Intelligence (AI) stocks has become increasingly popular as the technology continues to reshape industries. However, concerns about a potential bubble in the AI industry have emerged. In a Bloomberg report, Anthony Scaramucci, the Founder …
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Following BlackRock’s growing chance of an approval, Fidelity Investments has submitted another application for a spot Bitcoin ETF. Asset management firm Fidelity Investments has submitted another filing for a spot Bitcoin exchange-traded fund (ETF). Fidelity is making another play at a spot ETF after a previous rejection from the United States Securities …
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The five exceptional projects that Binance Labs is investing in under the fifth season of the Incubation Program are Bracket Labs, DappOS, Kryptoskatt, Mind Network, and zkPass. The venture capital arm of Binance, Binance Labs, has invested in five incubation projects featured in the fifth season of its Incubation Program. …
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The advent of blockchain technology has revolutionized several industries, ranging from finance (DeFi) and gaming (GameFi) to Web2 brands such as Nike for digital fashion and Starbucks for Web3 customer loyalty. However, one area that has remained essentially unchanged is physical infrastructure. Traditionally, the deployment and management of physical infrastructure, …
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