Japan’s SBI Holdings plans to create a new investment management company in collaboration with major U.S. asset manager Franklin Templeton by the end of the year. This joint venture will focus on managing digital assets. The new entity will be 51% owned by SBI Holdings and 49% by Franklin Templeton. This move aligns with the […] Source CryptoX Portal
The Bank of Israel has initiated the “Digital Shekel Challenge” to explore the potential of a central bank digital currency (CBDC) system inspired by the BIS Innovation Hub’s “Project Rosalind.” Fourteen teams from various sectors have been selected to propose innovative use cases. The challenge aims to integrate digital shekel with other payment systems and […] Source CryptoX Portal
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…
Bitcoin mining company Marathon Digital has purchased $100 million worth of BTC as part of its “HODL strategy.” Cryptocurrency mining giant Marathon Digital said in an X post on Thursday that it bought $100 million worth of Bitcoin (BTC) and is now holding over 20,000 BTC on its balance sheet as part of the HODL strategy. Today, we are announcing that MARA has purchased $100,000,000 worth of BTC. And effective immediately, we are once again adopting a full HODL strategy. Learn more about our #Bitcoin Strategic Reserve: pic.twitter.com/pYxiclOtQa — MARA…
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The Digital Chamber, a crypto advocacy group, has called on U.S. Vice President Kamala Harris to support the digital asset industry with three requests. The group urged her to promote pro-digital asset language in the Democratic Party’s platform, choose a vice-presidential candidate with expertise in digital asset policy, and engage with industry leaders. Digital Chamber […] Source CryptoX Portal
The Digital Chamber, a leading blockchain trade association, has urged U.S. Vice President Kamala Harris to “take a forward-looking approach to digital assets.” On Monday, the Digital Chamber said it had sent a letter to Harris. This came just a day after outgoing U.S. President Joe Biden dropped out of the upcoming 2024 election and endorsed Kamala Harris for nomination as the Democratic Party’s candidate. 📢 This morning, we sent a letter to @VP with important requests to support the #digitalasset industry. It’s in the best interest of the American…
The global crypto investment market has witnessed a significant influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest data from CoinShares, digital asset investment products have seen an additional $1.35 billion in net inflows last week. This recent injection of funds has brought the total for the current positive streak to $3.2 billion. The fact that money has been flowing to this extent is a testament to the amount of steam behind recent market sentiment and confidence among investors regarding cryptocurrencies. According…
Alvin Lang Jul 20, 2024 04:46 Ripple (XRP) aims to revolutionize financial services using blockchain and digital assets, focusing on institutional DeFi, cross-border payments, and stablecoins. Ripple (XRP), a pioneer in blockchain technology, is making significant strides in transforming the financial infrastructure by leveraging blockchain and digital assets. Founded on the belief that blockchain would become the backbone of global financial services, Ripple aims to create more affordable and accessible financial solutions for individuals and businesses worldwide, according to ripple.com. Institutional DeFi…
South African crypto exchange Luno has announced that it is integrating its platform with Fireblock’s enterprise-grade digital asset transfer platform. Aleks Andjelopolj suggested that leveraging Fireblocks means Luno users will experience the same immediate transaction settlement enjoyed by customers of the same bank. The Allure of Fireblocks Integration The South African cryptocurrency trading platform Luno […] Source