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1 year, 4 months agoSEC Leverages Terra Ruling in Binance Lawsuit, Experts Question Relevance
The US Securities and Exchange Commission (SEC) has recently filed a notice of supplemental authority in its lawsuit against Binance, Binance.US, and former CEO Changpeng ‘CZ’ Zhao. The SEC is citing the jud…
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1 year, 4 months agoStandard Chartered Forecasts Bitcoin to Reach $200,000 by 2025
Standard Chartered, a British multinational bank, has projected that Bitcoin (BTC) will reach a value of $200,000 by the end of 2025. This prediction indicates a more than 300% increase from its current trading…
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1 year, 4 months agoCitigroup Plans Onshore Investment Banking Launch in Mainland China
Citigroup, a New York-based financial institution, is reportedly planning to establish its onshore investment banking unit in mainland China. The bank aims to launch this unit within a timeframe of 12 to 18 months,…
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1 year, 4 months agoLGT Private Banking Expands German Presence with Frankfurt Office
LGT Private Banking has expanded its operations in Germany by opening an office in Frankfurt. This move increases LGT’s presence in the country, where it already has offices in Hamburg, Dusseldorf, and Cologne. T…
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1 year, 4 months agoSEC Updates Eight Filings as Bitcoin ETF Deadline Approaches
The U.S. Securities and Exchange Commission (SEC) has started to publish notices of filing updates related to spot Bitcoin ETFs. As of 10:45 p.m. UTC, the SEC’s national securities exchange page listed amendments t…
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1 year, 4 months agoBitcoin ETF Managers Slash Fees Amid Approval Anticipation
Top investment managers such as BlackRock, ARK Invest, VanEck, and Bitwise have recently submitted revised S-1 forms to reduce their spot Bitcoin exchange-traded fund (ETF) management fees, as per the latest…
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bob wrote a new post
1 year, 4 months agoBitcoin ETF Managers Slash Fees Amid Approval Anticipation
Top investment managers such as BlackRock, ARK Invest, VanEck, and Bitwise have recently submitted revised S-1 forms to reduce their spot Bitcoin exchange-traded fund (ETF) management fees, as per the latest…
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bob wrote a new post
1 year, 4 months agoBlackRock Plans Workforce Cut Amid Shift in Investment Strategy
BlackRock, a leading global investment firm, is reportedly on the verge of announcing a significant downsizing of its workforce. The impending layoffs, accounting for about 3% of its global workforce, will result…
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1 year, 4 months agoRole Models Share Career Advice for Women in Asset Management
In an effort to provide a platform for women to share their personal experiences, e-fundresearch.com has launched a new series of articles in 2023 titled ‘Role Models’. Five role models were asked to share the…
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1 year, 4 months agoCore Scientific Raises $55M, Prepares to Emerge from Bankruptcy
Core Scientific, a major Bitcoin mining company that filed for bankruptcy, has successfully closed a $55 million equity offering. This move comes as the company prepares to emerge from its Chapter 11 filing in…
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1 year, 4 months agoCore Scientific Raises $55M, Prepares to Exit Bankruptcy
Core Scientific, a major Bitcoin mining company that filed for bankruptcy, has successfully closed a $55 million equity offering. The offering was oversubscribed, leading to the return of excess capital to…
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1 year, 4 months agoUBS Plans Expansion of China Onshore Wealth, Asset Management
UBS, the banking giant, is setting its sights on expanding its wealth and asset management presence in China. This strategic move is driven by the potential the bank sees in the country, according to Eugene Qian,…
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1 year, 4 months agoUBS Group AG Pursues Expansion of Wealth Management in China
Despite economic challenges and a scarcity of deals, UBS Group AG, the Swiss multinational investment bank, is steadfast in its goal to bolster its wealth and asset management operations in China. Eugene Qian, the…
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1 year, 4 months agoCleanSpark Invests $193M in Miners, Aims to Boost Hashrate Fivefold
In a significant move signaling strategic expansion, CleanSpark has invested a whopping $193 million in new miners. This investment comes as the company prepares for Bitcoin’s next halving event.The company’s amb…
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1 year, 4 months agoChainlink Sees 5% Price Increase Amid Week-Long Negative Trend
In a surprising turn of events, Chainlink’s (CRYPTO: LINK) price has seen a 5.07% increase in the last 24 hours, reaching $14.21. This is a notable shift from its recent negative trend, where it suffered an 8.0% l…
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1 year, 4 months agoCustodia CEO Warns of Hidden Risks in Upcoming Bitcoin ETFs
Custodia Bank CEO Caitlin Long has raised concerns about a “hidden risk” associated with the imminent launch of several Bitcoin ETFs in the United States, following BlackRock’s recent update to its S-1 filin…
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1 year, 4 months agoBinance Reveals Robust Growth in Assets Amid Trust Issues
Binance, the leading global crypto exchange, has released its fourteenth Proof of Reserves (PoR), providing an in-depth look into its reserves as of January 1, 2024. The disclosure is timely, given the need for…
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1 year, 4 months agoBitcoin Surpasses $47,000 Amid Anticipation of SEC's Bitcoin ETF Approval
Bitcoin has surged past the $47,000 mark for the first time since April 2022, as the deadline for the United States Securities and Exchange Commission (SEC) approval of spot Bitcoin ETFs draws near. The…
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1 year, 4 months agoBitcoin ETF Approval Anticipated, Price Soars Past $47,100 Mark
The Bitcoin price has soared past the $47,100 mark, reaching levels not seen since April 2022. This surge is due to the positive sentiment in the cryptocurrency community, as all signs point towards an imminent…
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1 year, 4 months agoArchax Pioneers Tokenization Revolution in Money Market Funds
Blockchain and tokenization are revolutionizing money funds, offering instant payments and revenue automation for investors. Archax, a digital asset firm regulated by the UK FCA, is leading this adoption by…
