Tag: News

Worldwide Digital Asset-Based ETP AUM Remains 53% Ahead YTD Despite Quarterly Drop – Blockchain News, Opinion, TV and Jobs

Fineqia International, a leading digital asset and fintech investment business, announces that its analysis of global Exchange Traded Products (ETPs) with digital assets as underlying collateral, revealed a 53% growth in total Assets Under Management (AUM) in the year-to-date (YTD) period amid continued interest by investors. On a quarterly basis, the total AUM dropped 13% in Q3, after growing 67% and 5% in Q1 and Q2 respectively. Year-to-date, total AUM shows a premium growth of 18% compared to the underlying value of digital assets, which grew slower at 45%. In…

Dutch Crypto Firms Secure Legal Victory Against $2.3 Million Regulatory Bill – Blockchain News, Opinion, TV and Jobs

In a significant legal development, Dutch crypto companies, including Bitvavo and Coinmerce, the successor to Binance, have emerged victorious in their battle against a substantial $2.3 million fee levied by Dutch regulators. A Rotterdam court ruled that the Dutch central bank (DNB) overstepped its legal authority by imposing charges on these companies for anti-money laundering registration. The court’s verdict, handed down on Wednesday, declared that the DNB’s assessment of registration requests went beyond the scope of the registration obligation mandated for crypto service providers by European Union anti-money laundering regulations.…

Ripple’s social activity and price hike as bullish news emerge

XRP has gained bullish traction after acquiring a major license in Singapore and the rejection of the U.S. Securities and Exchange Commission’s (SEC) appeal.  XRP is up by 4.9% in the past 24 hours and is trading at $0.53 at the time of writing. The hike comes as the asset’s 24-hour trading volume has risen by 93%, reaching a whopping $1.72 billion.  XRP price, whale activity and social volume – Oct. 4 | Source: Santiment The recent surge comes as the U.S. court rejected the SEC’s appeal against Ripple, which…

BTC Price Surges Despite SEC Delaying Some ETF Decisions – Blockchain News, Opinion, TV and Jobs

Notably, September saw BTC registering a 4% price increase, marking the first September price rise since 2016. This welcome development provided respite for the digital asset market capitalization, following two consecutive negative months in July and August.Bitcoin leads the charge in this upward trajectory, as evidenced by the Bitcoin dominance metric, which measures the relationship between Bitcoin’s market capitalization and the total digital asset market capitalization. Bitcoin dominance rose to 50.4%, up from 49.9% at the end of the previous week, showcasing its relative strength in comparison to the broader…

Taking on the Meme Coin Market With a $1 Billion Vision – Blockchain News, Opinion, TV and Jobs

Having already raised $500K in less than 48 hours, Memeinator has already stormed through to stage 3 of its presale, on its relentless mission to redefine the meme coin sector. The project’s grand vision was born from the frustration of seeing relentless false promises and overhyped coins, that were endless parodies of each other replete with nonsensical messaging. These have made investors forget much of the fun and magic that once existed in the meme coin space. With its groundbreaking AI-driven game, blossoming community, and out-of-this-world prize offerings like a…

Major Shiba Inu News Coming? Kusama Wants ‘To End Silence’

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In a whirlwind of anticipation, the Shiba Inu community is holding its collective breath as Shytoshi Kusama, the chief architect behind SHIB, hints at breaking his silence. With a slew of developments on the horizon for the Shiba Inu project, the statement amplifies expectations for potential significant updates. In a message conveyed by team member Lucie on Twitter, Kusama emphasized his unwavering support for the Shiba Inu community, stating, “We FULLY intend to support the community. Hence the paper. Takes time, that’s all. But I think it’s time for my…

Ethereum News Catalyst Could Trigger Triangle Breakout To $4,000

Could bullish Ethereum news related to the launch of an ETH futures ETF be the catalyst that triggers a massive breakout of a nearly 16-month long ascending triangle pattern? If the pattern is valid, the target is roughly $4,000 per ETH and a revisit to former all-time highs from the last bull market. VanEck Announces ETH Futures ETF Global asset manager VanEck, known best for its ETFs and Mutual Funds, today revealed the upcoming launch of the VanEck Ethereum Strategy ETF (ETUF). ETUF will be “an actively managed ETF designed…

What is ChatPDF? | Blockchain News

Introduction ChatPDF is a specialized platform that utilizes ChatGPT technology to offer advanced PDF processing capabilities. Aimed at a diverse user base including students, researchers, and professionals, the service is engineered to summarize PDF content and respond to queries related to it. While the platform currently operates on GPT-3.5 technology, it is exploring the integration of GPT-4, although this feature may not be available on the free plan due to cost considerations. This wiki delves into the various functionalities, target user segments, pricing structures, and legal aspects of ChatPDF. Core…

Implications for the Economy and Crypto Market” – Blockchain News, Opinion, TV and Jobs

The recent Federal Reserve decision to maintain interest rates as they were, has sparked conversations about its potential repercussions for both the broader economy and the cryptocurrency market. While industry experts suggest that crypto may remain relatively insulated from this decision, the central bank’s insights into the overall economic landscape carry significant weight. A Battle Against Inflation For over a year, the Federal Reserve has been waging a relentless battle against inflation. Between March 2022 and July of the same year, the federal funds rate, a pivotal interest rate, surged…

Safeguarding Wealth in the Digital Age – Blockchain News, Opinion, TV and Jobs

In the ever-evolving landscape of finance and investment, the debate over where to place one’s wealth has taken on new dimensions with the advent of cryptocurrencies. Traditional commodities like gold and silver have long been seen as safe havens for preserving wealth, while cryptocurrencies like Bitcoin and Ethereum offer a new frontier of potential prosperity. This article will delve into the nuances of crypto security vs. commodity investments, exploring the advantages and risks associated with each option. The Timeless Appeal of Commodities Commodities as a Wealth Preservation Tool For centuries,…