Category: Market News

Source: CoinDesk The firm’s Gold & Silver fund made a $2.58 million investment in an XRP ETP in the first half of 2023, which was later cancelled. The investment in the XRP product was canceled due to crypto investment rules in Ireland. The asset manager had to quickly scrap the investment at a loss of… Continue reading Asset Manager Jupiter’s Crypto Investment Scrapped by Compliance Team: FT

Source: CoinDesk Bitcoin has rallied 35% in three weeks, with mining reward halving due in April. Lyra’s decentralized bitcoin options marketplace suggests a 20% probability of prices rising above $70,000 by the end of April. Lyra recently listed options with an April 26 expiry, allowing traders to speculate on price trends ahead of and following… Continue reading Crypto Traders See 20% Chance of Bitcoin Topping $70K by April End: DeFi Options Marketplace Lyra

Source: Fintech News Hong Kong UBS has launched Hong Kong’s first investment-grade tokenised warrant, leveraging the Ethereum public blockchain. This product is part of the bank’s UBS Tokenise initiative, aimed at advancing its in-house tokenisation services. The product is a call warrant with Xiaomi Corporation as the underlying stock. The tokenised warrant is also reportedly… Continue reading UBS Issues Hong Kong’s First Investment-Grade Tokenised Warrant on Ethereum

Source: Blockworks Banking giant brings a Wellington Management-issued private equity fund onto Avalanche’s Spruce subnet as part of a proof of concept Citi is the latest financial firm to test bringing real-world assets onto distributed ledger technology networks, finding that such efforts can offer big advantages over traditional models. “Tokenization unlocks the value in traditional… Continue reading Citi the latest TradFi player to test out asset tokenization

Source: CoinDesk Yat Siu explains why we shouldn’t dismiss NFTs as monkey JPEGs and how blockchain acts as a political system of sorts, fostering a consensus-based democratic process. Yat Siu, founder of Animoca Brands, believes NFTs are underutilized and can be a major component of digital capitalism, transforming industries such as rights management and education.… Continue reading NFTs Are the Pillars of Digital Capitalism, Animoca Founder Says

Source: Fintech News Hong Kong RD Technologies announced its intent to collaborate with the Hong Kong licensed virtual assets trading platform, HashKey Exchange, and financial payment company Allinpay International. This partnership is focused on exploring the integration of stablecoins into payment services, aiming to enhance the functionality and efficiency of online and offline transactions. The… Continue reading RD Technologies, HashKey Exchange, Allinpay Exploring Stablecoin Integration

Source: The Currency Analytics In a groundbreaking move set to redefine the landscape of digital currency transactions, the Celo Foundation has forged a strategic partnership with Circle to integrate USDC, a leading stablecoin, into its blockchain network. This landmark collaboration not only diversifies Celo’s stablecoin offerings but also positions USDC to potentially serve as an… Continue reading Celo Blockchain Welcomes USDC as Native Currency, Paving the Way for Seamless Transactions

Tencent Research Institute’s report on 2024’s top technology trends highlights quantum computing, high-performance chips, AI-driven industry development, sustainable computing, IoT, cloud computing, and more, signifying transformative impacts across industries. Tencent, a leading technology company in China, recently published a detailed report on the top ten technology trends that are expected to shape the year 2024.… Continue reading Tencent Unveils Top Ten Tech Trends for 2024

Source: Blockchain News AI technology reimagines Emma Watson and other celebrities in opposite genders, showcasing the blend of creativity and technology in transforming perceptions of identity and celebrity. In a striking display of artificial intelligence’s creative prowess, the Instagram account “the_ai_dreams” recently unveiled an image of Emma Watson, the celebrated actress best known for her… Continue reading Emma Watson’s AI-Rendered Male Alter Ego: A Glimpse into the Future of Celebrity Transformation

Source: Cointelegraph Layer-3s, superchains, appchains and chain development kits (CDKs) are just some of the developments in blockchain primed to take off in the year ahead. Every market cycle in cryptocurrency is made up of new narratives that demand investors’ attention and money. Being aware of these movements is strategically necessary for both individuals and… Continue reading 3 bull market narratives for 2024 that you haven’t heard about yet