Siamak Masnavi

News Reporter

Siamak received his PhD in Computer Science from University of London in 1992. He is a freelance writer and software developer.

Articles by Author

gold

Gold in 2024: Goldman Sachs Heralds ‘Unshakeable Bull Market’ with $2,700 Target, Citi Forecasts $3,000 Within 6-18 Months

As we navigate through 2024, gold remains a beacon of stability amid a tumultuous global backdrop characterized by geopolitical conflicts and economic fluctuations. According to a report by CNBC published on 16 April 2024, Goldman Sachs has recently reaffirmed its confidence in gold, terming the market as an “unshakeable bull market.” The firm has raised […]
Bitcoin

Crypto.com CEO: As We Approach Bitcoin Halving 2024, We Could See Some ‘Sell-the-News’ Sales

During a Bloomberg TV interview on 15 April 2024, Kris Marszalek, CEO of crypto exchange Crypto.com, shared his thoughts on the cryptocurrency market, particularly in light of the upcoming Bitcoin “halving” event. The interview, conducted by Haslinda Amin, the Chief International Correspondent for Southeast Asia, also touched on Crypto.com’s strategic responses to evolving market conditions, […]
cryptocurrency US stock market

10x Research Founder Turns Bearish on Tech Stocks and Cryptocurrencies Amid Inflation Concerns

Markus Thielen, the founder of 10x Research, the analyst renowned for accurately predicting Bitcoin’s (BTC) bottom in November 2022 and its subsequent surge to record highs prior to the halving event, has now adopted a bearish stance on risk assets, including technology stocks and cryptocurrencies. This shift in outlook comes amid rising concerns over sustained […]
US stock market

Goldman Sachs (NYSE: GS) Delivers Strong Q1 2024 Results: Surging Revenues and Record AUM

On April 15, 2024, Goldman Sachs, a premier global financial institution, unveiled its first quarter earnings for 2024. The report showcases an impressive financial performance, underscored by robust growth in net revenues, earnings, and earnings per share. Key Highlights from Goldman Sachs’ Q1 2024 Earnings: Net Revenues: Goldman Sachs posted net revenues of $14.21 billion […]
Bitcoin

Bitcoin Halving 2024: ‘Explosive Cocktail’ from Reduced Supply and Spot ETF Demand, Says Nexo Co-Founder

The highly anticipated Bitcoin halving event is set to occur between April 19 and April 20, 2024. This quadrennial event, which cuts the supply of new bitcoins in half, has historically set the stage for new market cycles and bull runs. However, as CNBC explained in a recent article, the 2024 halving is shaping up […]
Bitcoin

Bitcoin Price Correction of 15-25% Post-Halving Predicted by Delta Blockchain Fund Founder

Kavita Gupta is the Founder and General Partner at Delta Blockchain Fund, boasting over 18 years of investment experience garnered through positions at The World Bank, IFC, and the Eric Schmidt Family office. She pioneered one of the first blockchain early-stage funds, ConsenSys Ventures, and an accelerator named Tachyon. Kavita has made initial investments in […]
Crypto Custody

One of Germany’s Largest Banks Is Joining Forces With Bitpanda to Offer Cryptocurrency Custody Services

Landesbank Baden-Württemberg (LBBW) is a prominent financial institution based in Stuttgart, Germany. It is one of the largest banks in the country and serves as the central bank for the savings banks (Sparkassen) in the states of Baden-Württemberg, Rhineland Palatinate, and Saxony. LBBW was formed through the merger of several regional banks, with major steps […]
Bitcoin Ethereum

Bitcoin and Ethereum Prices Surge After Hong Kong Securities Regulator Approves Spot BTC and ETH ETFs

On 15 April 2024, Nikkei Asia reported that Hong Kong’s securities watchdog had granted approval for the first spot Bitcoin and Ethereum exchange-traded funds (ETFs), marking a significant step towards establishing the city as the first in Asia to recognize these prominent cryptocurrencies as conventional investment vehicles. The news outlet stated that the Hong Kong […]
Coinbase cryptocurrency

Deputy CIO at Coinbase Asset Management on Costs of Crypto Yields Amid Geopolitical Volatility

Marcel Kasumovich, Deputy CIO at Coinbase Asset Management, recently delved into the complex dynamics of cryptocurrency investments in a context of increasing geopolitical risks and market volatility. In a thoughtful LinkedIn post, Kasumovich questioned the maturity of the crypto market and its readiness to adopt active investment strategies that traditionally benefit other mature markets. He […]
AI Bitcoin

AI Will Need ‘Trillions’ of Dollars of Investment in Infrastructure, Says BlackRock CEO Larry Fink

On 12 April 2024, BlackRock, Inc. (NYSE: BLK), the world’s largest asset manager by AUM, reported its financial results for the three months ended March 31, 2024. According to the company’s earnings release, in Q1 2024, BlackRock showcased impressive growth figures, further solidifying its position as a global leader in asset management. The firm reported […]
Bitcoin Coinbase gold

Bitcoin Is “Basically Just FOMO, and I Think Eventually It’s Going To Go Down”, Says Mizuho Securities Senior Analyst

Mizuho Securities is a major Japanese investment banking and securities firm. It is a subsidiary of Mizuho Financial Group, one of the largest financial services companies in Japan, which also includes Mizuho Bank and Mizuho Trust & Banking. On 12 April 2024, Dan Dolev, a senior research analyst at Mizuho Securities, joined CNBC’s “The Exchange”, […]
Bitcoin Mining

Bitcoin Mining Firm CEO: The Halving Will Have ‘Some Small Impact on Prices Probably’

In an interview on April 9, 2024, with Sonali Basak from Bloomberg TV, Marathon Digital (NASDAQ: MARA) CEO Fred Thiel shared his extensive insights into the evolving landscape of Bitcoin mining and the anticipated impacts of the upcoming Bitcoin halving (expected around April 20). Bitcoin Price and ETFs Influence: Thiel believes the U.S. SEC’s approval […]
Bitcoin U.S. Economy

Bitcoin Eyes $100,000 Milestone as It Decouples from Traditional Markets, Says Santiment’s Brian Quinlivan

In a recent analysis, market intelligence firm Santiment has spotlighted an emerging trend that could be pivotal for Bitcoin’s price trajectory: a diminishing correlation with traditional stock markets. According to Santiment’s latest observations, this trend may set the stage for Bitcoin to achieve unprecedented price levels, potentially reaching as high as $100,000. Santiment is a […]
gold

What Is Driving the Gold Price to Record Highs Despite ETF Outflows? Gabelli Funds’ Chris Mancini Explains

On 11 April 2024, during a CNBC “Power Lunch” segment, Chris Mancini, associate portfolio manager at Gabelli Gold Fund, offered a detailed examination of the current dynamics in the gold market. Despite noticeable outflows from gold-backed ETFs, a situation that typically leads to lower prices, the price of gold has been moving higher. This intriguing […]
Federal Reserve U.S. Economy

Has the Highly Expected 2024 Rate Hike by the Fed Now Become a Matter of If Rather Than When?

According to a report published in The Wall Street Journal on April 10, the Federal Reserve faces new challenges in its ongoing battle against inflation, complicating its path to securing a soft economic landing. The WSJ article highlights an inflation report that surpassed expectations, posing significant implications for the Fed’s interest rate policies. The article […]
Bitcoin

Spot Bitcoin ETFs and the 2024 Halving: A Swiss Bank’s Analysis of Potential for New All-Time Highs

The introduction of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States has significantly altered the landscape of the cryptocurrency market. As highlighted in the Kitco article, these ETFs have made it easier for a wide range of investors, including retail investors, pension funds, and large institutional firms, to gain exposure to cryptocurrencies in […]
DeFi Ethena Stablecoins

Ethena: How This Decentralized USD Stablecoin Project Uses Hedge Fund Tactics to Offer High Yields

A relatively new cryptocurrency project called Ethena is reportedly capturing attention by adopting a hedge-fund trade approach, drawing significant investments and generating buzz. Despite the promising start with yields around 37%, skepticism regarding their sustainability is surfacing, reflecting the volatile history of the crypto market. Per an article published by Bloomberg News yesterday, Ethena introduces […]
Coinbase

Coinbase Integrates Apple Pay for UK Users: A Leap Towards Simplifying Crypto Purchases

Coinbase has announced the integration of Apple Pay for its United Kingdom-based users. This update enables individuals to acquire Bitcoin, along with other cryptocurrencies, directly through their iPhone’s Apple Pay feature, heralding a significant step in making crypto transactions more accessible and seamless for users across the UK. Accoording to a report by Cointelegraph, Coinbase […]
Bitcoin Ethereum Solana Spot Bitcoin ETFs Spot Ethereum ETFs Stablecoins

Why VanEck CEO Is Concerned About High and Unpredictable Transactions Fees on Bitcoin and Ethereum

On 9 April 2024, day one of the three-day Paris Blockchain Summit, during a highly informative segment on CoinDesk TV’s “Markets Daily,” Jan van Eck, CEO of VanEck, offered a wealth of insights on the dynamics shaping the cryptocurrency market in 2024. The VanEck CEO noted that Europe is ahead of the United States in […]
Bitcoin gold

As Bitcoin Halving 2024 Nears, On-Chain Analyst Explains When He Expects BTC Price To Go ‘Ballistic’

Bitcoin halving is a programmatic event embedded within the Bitcoin protocol, designed to regulate its finite supply. Approximately every four years (or more precisely, every 210,000 blocks), the block reward issued to miners is automatically halved. The upcoming halving, estimated for April 2024, will reduce the block reward from its current 6.25 BTC to 3.125 […]

BTC, ETH, SOL, XRP Outlook: ‘Trend Clearly Up,’ Says Cleo Capital MD

On April 9, Sarah Kunst, the Managing Director at Cleo Capital, shared her insights on Bitcoin and the broader crypto market during an interview on CNBC’s “Worldwide Exchange.” Kunst began by addressing the significant activity in the cryptocurrency sector, including the upcoming Bitcoin halving and the potential for spot Ethereum (ETH) ETFs. She emphasized the […]

Embracing Bitcoin As the Core Asset of Its Treasury Helps Shares of Publicly-Listed Japanese Firm Surge 89%

On April 8, Metaplanet Inc. (TYO: 3350), a publicly-listed Japanese consulting and investment firm, announced its decision to “embrace Bitcoin as the core treasury asset of the company going forward by committing an initial JPY 1 billion.” Metaplanet Inc., a multifaceted Japanese firm listed on the Standard Section of the Tokyo Stock Exchange, plays a […]

Ripple Ecosystem Expands: BCB Group Chooses Metaco for Secure Crypto Custody

On April 9, BCB Group announced that it had transitioned its digital asset custody operations to Metaco’s custody orchestration platform. BCB Group is a London-based financial services company specializing in the digital asset sector. They are Europe’s top provider of business accounts and trading services for companies that operate with cryptocurrencies. Some of their major […]

BitMEX Co-Founder: ‘I Believe Bitcoin and Crypto Prices in General Will Slump Around the Halving’

Earlier today, Arthur Hayes, Co-Founder of BitMEX, published a blog post in which he shared his perspective on the upcoming Bitcoin halving scheduled for April 20th, predicting its impact on cryptocurrency markets. The Bitcoin halving is a significant event coded into the Bitcoin protocol that reduces the reward for mining new blocks by half. This […]

Charles Hoskinson on Cardano ($ADA) Ecosystem: ‘We Are Holding All the Cards’

Amidst renewed criticism directed towards Cardano, Charles Hoskinson, who is Co-Founder and CEO of IOG, took to social media platform X on April 7 to express his unwavering confidence in the project’s future. While acknowledging the current chatter around Cardano, Hoskinson remains unfazed, highlighting several aspects he believes will secure the network’s long-term success. Hoskinson […]

Ripple CEO Foresees Cryptocurrency Market Valuation Soaring to $5 Trillion by Year End

In an insightful dialogue with CNBC, Brad Garlinghouse, the Chief Executive Officer of Ripple, articulated a robust and optimistic projection for the cryptocurrency sector, envisaging the market’s total value catapulting to $5 trillion over the course of the year, according to CNBC. Garlinghouse’s forecast is rooted in an analysis of significant macroeconomic developments and sector-specific […]

From Bitcoin Halving to SBF’s Sentencing: Anthony Scaramucci’s Comprehensive Crypto Analysis

Anthony Scaramucci, the Founder and Managing Partner of SkyBridge Capital, provided a comprehensive overview of Bitcoin’s growth potential, Sam Bankman-Fried’s sentencing, and the future of the cryptocurrency space during his appearance on CNBC’s “Closing Bell” on April 5, 2024. Anthony Scaramucci is an American financier, entrepreneur, and political figure known for his brief tenure as […]

Crypto Trading Volumes on Centralized Exchanges Soar to New All-Time High of Over $9 Trillion in March 2024

Recently, CCData released the latest edition (March 2024) of its Exchange Review research report. CCData is a trusted source for comprehensive data and analytics tailored to the ever-evolving cryptocurrency market. They go beyond simple data collection, meticulously organizing and analyzing vast datasets to unlock valuable insights for institutions and individuals navigating this space. CCData offers […]

Crypto Markets Decline Amid Fed’s Cautious Approach and Reflation Concerns: Coinbase Report

Crypto markets have experienced a downward trend following recent comments from Federal Reserve Chairman Jerome Powell, suggesting a continued cautious approach toward rate cuts, according to a report by David Han, an analyst at Coinbase Research, published by Coinbase Institutional as its latest Weekly Market Commentary on April 5, 2024. The uncertainty in market direction […]

Roubini Warns: The Fed May Halt Rate Cuts or Hike Rates Amid Geopolitical-Driven Inflation

On April 5, 2024, Dr. Nouriel Roubini, a respected economist (though not in the crypto community due to his anti-crypto views), who is the Chairman and CEO of Roubini Macro Associates, provided a nuanced perspective on the global economic outlook, focusing on interest rate expectations, geopolitical risks, and the performance of the US economy. His […]

Costco’s Golden Opportunity: How the Retail Giant Became a Haven for Gold Investors

Costco, the well-known warehouse retailer, has apparently become a go-to destination for Americans looking to invest in gold bars, according to an article published by The Wall Street Journal (WSJ). The retail giant began offering gold bars online and in select stores last year, and the response has been overwhelming. Costco has reported selling out […]

Ripple Plans to Launch USD-Backed Stablecoin on Ethereum and XRP Ledger

Ripple, a leading provider of enterprise blockchain and crypto solutions, announced its plans to launch a stablecoin pegged 1:1 to the US dollar (USD) on April 4, 2024. The stablecoin will be fully backed by a reserve of US dollar deposits, short-term US government treasuries, and other cash equivalents, with monthly attestations published by a […]

Coinbase’s Base Blockchain Is Becoming a Hotbed for Memecoin Mania: Bloomberg

In an article published by Bloomberg News on April 2, 2024, the explosive growth of Coinbase’s Base blockchain has been attributed to the memecoin frenzy that has taken the platform by storm. Base, designed to be the cornerstone of Coinbase’s expansion into decentralized finance (DeFi) and non-fungible tokens (NFTs), has seen an influx of activity, […]

Turtle Creek Wealth Advisors’ Chief Market Strategist on Bitcoin, Gold, and U.S. Treasuries

On April 2, David Spika, Chief Market Strategist at Turtle Creek Wealth Advisors, shared his insights on CNBC’s “Power Lunch” regarding the investment dynamics between Bitcoin and gold, especially against the backdrop of the current fiscal situation in the US and global economic conditions. Spika opened by addressing the anomaly in gold’s performance amidst expectations […]

$ETH: Asset Manager VanEck’s Analysis Predicts Ethereum L2s Will Reach $1 Trillion Market Cap by 2030

VanEck’s comprehensive blog post, written by Patrick Bush and Matthew Sigel and published on April 3, 2024, takes a deep dive into the world of Ethereum Layer-2 (L2) solutions. The post provides an in-depth analysis of the role, types, revenue models, cost structures, and competitive differentiation of these networks. Additionally, VanEck presents its valuation prediction […]

$ADA: IOG Brings Multiple Account and Multiple Wallet Support to Lace

The Lace Wallet is a user-friendly, lightweight wallet solution designed for the Cardano blockchain. It was created by Input Output Global (IOG), one of the founding entities behind Cardano. The wallet aims to provide a seamless and intuitive experience for users to manage their digital assets, engage with decentralized applications (DApps), and participate in the […]

Goldman Sachs Wealth Management CIO Unwavering in Her Crypto Skepticism Despite Soaring Bitcoin Values

In a financial landscape increasingly captivated by the allure of cryptocurrencies, Sharmin Mossavar-Rahmani stands as a steadfast beacon of skepticism. As the Chief Investment Officer of Goldman Sachs Wealth Management for over two decades, Mossavar-Rahmani has adeptly navigated through the complexities of the financial markets, advocating for traditional investment principles. Despite the escalating trend of […]

U.S. and UK Join Forces in Pioneering AI Safety Standards

On 1 April 2024, a significant stride was taken towards enhancing the safety of artificial intelligence technologies as the United States and the United Kingdom, through their respective AI Safety Institutes, announced a groundbreaking partnership. This collaboration, underscored by a Memorandum of Understanding (MOU) signed between U.S. Commerce Secretary Gina Raimondo and UK Technology Secretary […]

Kraken CTO: ‘Crypto Is Uniquely Suited To Adopt AI’

Kraken’s Chief Technology Officer, Vishnu Patankar, recently discussed the significant impact of artificial intelligence (AI) on the cryptocurrency industry, emphasizing its potential to resolve scalability challenges inherent to the sector. As outlined by Patankar, the crypto industry’s volatility and the constant demand placed on core operational functions such as account sign-ups, client responses, and token […]

Coinbase Eyes Generative AI: Envisioning Blockchain’s Role in a $1.3 Trillion Market by 2032

In a recent blog post by Coinbase, the company outlined the burgeoning growth in artificial intelligence (AI) capabilities and their intersection with blockchain technology, a domain where Coinbase has been an innovator. The post highlighted the recent advancements in AI, including significant progress in text-to-image models and large language models, and their application across various […]

Coinbase CFO Tells Fortune: ‘Ethereum Is Not a Security’

Alesia Haas, Coinbase’s CFO and a veteran of the finance industry, recently spoke with Fortune. Haas has been with Coinbase since April 2018 and has an impressive background that includes senior roles at Sculptor Capital Management, OneWest Bank, Merrill Lynch, and General Electric. During her interview, Haas reflected on the significance of Bitcoin reaching a […]

Tether Achieves Important Security Milestone

Stablecoin issuer Tether has announced the successful completion of the System Organization Control (SOC) 2 Type 1 audit. According to Tether, this step is integral to reinforcing its commitment to providing a secure and transparent environment for its users, highlighting its role as a frontrunner in the industry. The SOC 2 Type 1 audit, recognized […]

Sam Bankman-Fried Tells ABC News: “I Never Thought That What I Was Doing Was Illegal” After Being Sentenced to 25 Years in Prison

Sam Bankman-Fried (aka “SBF”), the former cryptocurrency entrepreneur behind the fallen exchange FTX, was sentenced on March 28 to 25 years in prison for a series of financial frauds. In recent exclusive correspondence with ABC News, Bankman-Fried conveyed a deep sense of remorse for his actions, which precipitated one of the most dramatic downfalls in […]

$BTC: We Are in the Phase of Transitioning Between ‘Enthusiastic Bull’ and ‘Euphoric Bull’, Says Glassnode Analyst

In a recent interview with Cointelegraph, James Check, the lead on-chain analyst at Glassnode, shared his predictions and insights into the Bitcoin market. He suggested that we’re on the cusp of entering the second, more explosive phase of the current bull cycle, referred to as “the euphoric bull.” James Check explains that we are transitioning […]

Pomp Investments Founder on Bitcoin: ‘We Just Hit a Really Important Milestone Before the Halving’

Earlier today, Anthony Pompliano, founder of Pomp Investments, shared his insights on Bitcoin in a CNBC “Squawk Box” interview. Pompliano began by discussing Bitcoin’s complex nature, highlighting its dual role as both a risk-on asset and a hedge against inflation, depending on the investor’s perspective. He emphasized Bitcoin’s significant milestone of achieving the highest weekly, […]

‘Long-Term, We Believe Bitcoin Is in a Raging Bull Market’, Says Bitwise Asset Management CIO Matt Hougan

In a recent memo to investment professionals, Bitwise’s Chief Investment Officer, Matt Hougan, shared his thoughts on navigating the choppy waters of today’s crypto market, particularly focusing on Bitcoin. Amidst the backdrop of a volatile crypto market, with Bitcoin’s value oscillating between $60,000 and $70,000, Hougan offers a steadying perspective that emphasizes patience, long-term thinking, […]

$TRX: Tron Foundation Challenges SEC Lawsuit Over Jurisdiction and Token Classification

On March 28, Tron Foundation urged a New York federal court to drop a lawsuit initiated by the U.S. SEC, arguing that the SEC is overreaching by targeting actions that primarily occurred outside the U.S. The foundation’s dismissal motion highlights its stance against the SEC’s global jurisdiction claims over its digital asset offerings. The SEC’s […]

$ETH: Consensys Responds to SEC’s Call for Comments on BlackRock’s Spot Ethereum ETF

Consensys says it has actively participated in the ongoing discourse regarding the potential listing and trading of the iShares Ethereum Trust on Nasdaq. This initiative is currently under the Securities and Exchange Commission’s (SEC) review, which specifically called for public commentary concerning Nasdaq’s application. Consensys’s engagement comes in response to the SEC’s inquiry about Ethereum’s […]

Coinbase Research on What to Expect From the Cryptocurrency Markets in Q2 2024

On March 30, David Duong, the Head of Institutional Research at Coinbase, shared a research note on LinkedIn, analyzing the current state and future outlook of the cryptocurrency markets as of this date. Despite potential disruptions from US holidays and the typical end-of-month and quarter corporate rebalancing, Duong notes that the crypto markets have remained […]

Why the Bitcoin Price Should Reach $150,000 by 2025, Explains Morgan Creek Capital Management CEO

In an appearance on CNBC’s “Fast Money” on March 28, Mark Yusko, the founder and CEO of Morgan Creek Capital Management, shared his thoughts on the cryptocurrency market. Yusko’s forecast for Bitcoin is notably bullish, predicting a potential rise to $150,000 within the next year. This projection is underpinned by a mathematical model that applies […]

Bitwise Files Registration Statement for Spot Ethereum (ETH) ETF Despite U.S. SEC’s Cryptic Stance

Bitwise Asset Management (aka “Bitwise Investments”) has filed with the United States Securities and Exchange Commission (SEC) to list and trade shares of a spot Ethereum ETF. In a March 28 filing, Bitwise filed a Form S-1 registration statement with the SEC for shares of its spot Ethereum ETF. The filing came amid speculation that […]

SBF Trial: The ‘Awkward Math Nerd’ Is Given a 25-Year Prison Sentence Despite Pleaing for ‘The Opportunity To Meet a Partner and Have a Baby’

On 28 March 2024, the U.S. Department of Justice (DOJ) announced that Samuel Bankman-Fried (aka “SBF”), a co-founder of the cryptocurrency exchange FTX and the trading firm Alameda Research, had been sentenced to 25 years in prison. The sentence, delivered by U.S. District Judge Lewis A. Kaplan, also includes three years of supervised release and […]

Why BlackRock CEO Is ‘Very Bullish on the Long-Term Viability of Bitcoin’

In an interview with Fox Business on Wednesday, BlackRock CEO Larry Fink expressed his pleasant surprise at the outstanding performance of his firm’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).  Fink mentioned that IBIT has become the fastest-growing ETF in history (with $13.5 billion in flows within its first 11 weeks of trading). The […]

BlackRock’s Ethereum-Powered Digital Money Market Fund Sees Over $240M in Its First Week

According to Bloomberg, BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), which was launched on March 20, has seen an influx of over $240 million. This tokenized fund, issued on the Ethereum blockchain, offers investments in cash, US Treasury bills, and repurchase agreements, issuing a cryptocurrency token, BUIDL, valued at $1 per token to represent share […]

Hashdex and Tidal Investments Launch Primarily Spot Bitcoin ETF (DEFI) on NYSE Arca

Hashdex Asset Management Ltd. (“Hashdex”) and Tidal Investments LLC (“Tidal”) have announced the conversion and renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (“DEFI”) (Ticker NYSE Arca: DEFI, CUSIP: 88634V100), as per a press release dated March 26, 2024. This strategic move allows the Fund to hold primarily spot Bitcoin and […]

HSBC Introduces Blockchain-Powered Tokenized Gold to Retail Banking in Hong Kong

In a landmark development for the financial industry, HSBC has introduced a groundbreaking service to its retail customers in Hong Kong, marking the bank’s foray into the fusion of digital and traditional assets. The South China Morning Post (SCMP) reports that HSBC has launched the HSBC Gold Token, a blockchain-based representation of physical gold, underscoring […]

WGC Market Strategist Explains Why Current Macro Economic Environment Favors Gold

On March 25, during an interview on CNBC’s “Closing Bell: Overtime,” Joe Cavatoni, Market Strategist at the World Gold Council (WGC), discussed the current prospects for gold investment, especially in light of the commodity nearing all-time highs. The conversation, led by co-anchor Jon Fortt, delved into the reasons behind gold’s appeal to investors, the impact […]

$ETH: Grayscale’s CLO Explains Why He Still Expects U.S. SEC to Approve Spot Ethereum ETFs

In a recent discourse on the social media platform X, Craig Salm, the Chief Legal Officer (CLO) of Grayscale Investments, shared his insights and optimism regarding the approval of spot Ethereum ETFs in the U.S., despite what many perceive as a lack of engagement from the U.S. SEC. Salm began the thread by addressing the […]

How SWIFT Plans to Maintain Its Dominance in the Face of Upcoming CBDCs

SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a global messaging network used by banks and other financial institutions to securely transmit information and instructions through a standardized system of codes. Established in 1973 and headquartered in Belgium, it facilitates the vast majority of international wire transfers, making it a cornerstone of the […]

Floki ($FLOKI) Unveils 2024 Roadmap, Featuring Digital Banking and DeFi Integration

The team behind the meme-inspired cryptocurrency Floki (FLOKI) has released an extensive roadmap for 2024, outlining a series of developments designed to increase the token’s utility and expand its ecosystem. Floki ($FLOKI) started as a meme-inspired cryptocurrency based on Elon Musk’s Shiba Inu dog, quickly evolving into a comprehensive ecosystem backed by an engaged community. […]

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  • 14 Apr 2024

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  • 13 Apr 2024

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  • 11 Apr 2024

Why VanEck CEO Is Concerned About High and Unpredictable Transactions Fees on Bitcoin and Ethereum

  • 10 Apr 2024