BlackRock, one of the largest asset managers globally, has witnessed notable success with its newly launched tokenized money-market fund, BUIDL. The fund, which records shared ownership on the Ethereum (ETH) blockchain, has attracted over $160 million in just one week since its debut. BlackRock’s BUIDL Fund According to a Bloomberg …
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A recent survey conducted by Bitget has shed light on investors’ optimistic outlook towards the upcoming Bitcoin (BTC) halving event scheduled for April 2024. Notably, the survey indicates that most respondents anticipate Bitcoin surpassing its all-time high (ATH) of $69,000 during the next bull run. The study also highlights diverse …
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In a recent Bloomberg report, it has been suggested that the rise of Bitcoin price to over $42,000 is just the beginning of a new crypto super cycle that will push the world’s largest cryptocurrency to over $500,000. According to Bloomberg, proponents of this theory argue that Bitcoin represents a …
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Despite the favorable revenue surprise, Home Depot saw a moderated fiscal year earnings projection implying that the corporation remains cautious about the road ahead. American retail giant Home Depot (NYSE: HD) has once again demonstrated its financial resilience by surpassing Wall Street’s expectations for its Q2 2023 earnings. Despite a …
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Optimism is a layer 2 scaling solution that operates as a separate blockchain built on top of Ethereum. Despite having a smaller total value locked (TVL) than its rivals, Optimism may still have the potential to thrive in the increasingly competitive decentralized finance (DeFi) landscape. Being one of the pioneers in the …
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Fidelity Digital Assets released a “Q2 2023 Signals Report” on July 18, which claimed that Ether’s outlook for the next 12 months and the long term is positive. Year-to-date, Ether (ETH) has gained 62%, but while the investment firm might be short-term bullish on Ether, that does not mean it believes that …
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The U.S. government has now received more than 500 reports of UFOs, according to a declassified version of an annual report from the Office of the Director of National Intelligence released on Thursday. Hundreds of UFOs, referred to as “unidentified aerial phenomena” (UAP) in the government report, have been reported …
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Apple exported greater than $2.5 billion of iPhones from India from April to December, almost twice the earlier fiscal yr’s whole, underscoring how the US tech large is accelerating a shift from China with geopolitical tensions on the rise.Foxconn Technology Group and Wistron Corp have every shipped greater than $1 …
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