GameStop Adds Bitcoin to Treasury Reserve Asset Embracing the Future of Finance In a bold move that could have far-reaching implications for the finance industry, GameStop (GME) has officially joined the ranks of publicly traded companies adopting Bitcoin as part of their treasury reserve assets. This decision was revealed in
The U.S. Securities and Exchange Commission (SEC) Drops Investigation into Web3 Gaming Platform Immutable What Happened? The U.S. Securities and Exchange Commission (SEC) has officially dropped its investigation into Web3 gaming platform Immutable. This decision comes after a Wells notice was sent to Immutable in November, which had signaled potential
Celo’s Integration as an Ethereum Layer 2 Enhancing Scalability, Security, and Interoperability Celo, a blockchain platform focused on financial inclusion, has recently integrated with Ethereum as a layer 2 solution. This integration is set to bring significant improvements to Ethereum’s scalability, security, and interoperability, potentially boosting Web3 adoption and innovation.
After a period of selling, market participants are starting to buy again. The Beginning of a Bullish Trend After a prolonged period of bearish sentiment in the market, it seems that market participants are beginning to shift their focus towards buying once again. This change in behavior could signal the
Big News from the SEC vs. Ripple Case: A Final Resolution Reached The End of a Legal Battle Last week, a significant development occurred in the ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple. The SEC decided to drop its appeal, bringing the case to an
U.S. Securities and Exchange Commission Investigation into Immutable Closed What Happened? The U.S. Securities and Exchange Commission has officially closed its investigation into Australian crypto-gaming firm Immutable. According to a statement from the company on Mar. What Does This Mean? The closure of the investigation by the SEC could have
Ripple Settles Legal Dispute with SEC Background Ripple, the company behind the cryptocurrency XRP, has reached a settlement with the U.S. Securities and Exchange Commission (SEC) regarding an ongoing legal dispute. The company has decided to drop its appeal and has agreed to pay $50 million of the originally imposed
Mt. Gox Makes Third Major Bitcoin Transaction The Rise and Fall of Mt. Gox Once one of the largest Bitcoin exchanges in the world, Mt. Gox faced a catastrophic hack in 2014 that resulted in its bankruptcy. This event shook the cryptocurrency community and raised concerns about the security of
BlackRock’s Tokenized Money Market Fund Expands to Solana Blockchain Introduction BlackRock’s tokenized money market fund, BUIDL, has recently made a significant move by expanding to the Solana blockchain. With its assets under management (AUM) exceeding $1.7 billion, this development marks a significant milestone in the world of cryptocurrency and decentralized
Bitcoin investors are eagerly awaiting the upcoming U.S. Personal Consumption Expenditures (PCE) inflation report, which is scheduled to be released on March 28. This report is expected to have a significant impact on the cryptocurrency market, as it could provide insights into the future direction of inflation rates in the
Immutable Cleared of Wrongdoing by SEC What Happened? Immutable, a leading Web3 gaming company, recently announced that the U.S. Securities and Exchange Commission (SEC) has officially closed its investigations into the company and related parties. The SEC found no evidence of any wrongdoing or violations of securities laws, leading to
Welcome to our blog post! AI-based vs Meme-based Coins: Stability and Upside Potential When it comes to investing in cryptocurrency, it is important to consider the macro environment and the potential for further upside. Two popular categories of coins that have been gaining attention are AI-based coins and meme-based coins.
Financial Services Giant Plans to Launch Cryptocurrency Fund The financial services giant is the latest issuer to take steps toward launching a fund based on the sixth largest cryptocurrency. This move comes as no surprise as more and more institutional investors are looking to get exposure to digital assets. With
T. Rowe Price’s Global Technology Portfolio Manager Speaks at Exchange Conference On Tuesday, Dominic Rizzo, the global technology portfolio manager at T. Rowe Price, made a significant impact at the Exchange conference in Las Vegas. Rizzo, who has years of experience in managing technology investments, shared his insights and expertise
The Current State of Bitcoin’s Price After hitting a low of nearly $76,000 on March 10, Bitcoin (BTC) has finally broken its daily Relative Strength Index (RSI) downtrend, now trading in the high $80,000s at the time of writing. This recent positive movement has brought hope to the cryptocurrency market,
Cardano Potential for Growth The Potential Rise of Cardano Cardano, a popular cryptocurrency, has the potential to soar by 13% to reach $0.85 if it manages to breach the $0.76 hurdle. This would be a significant increase for Cardano and could attract more investors to the platform. What is Driving
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