Category Archive: Cryptocurrency, No picture
Bitcoin strategic reserve bill introduced in Brazil’s Congress
Key Takeaways A Brazilian bill proposes creating a national Bitcoin reserve managing up to 5% of international reserves. The reserve aims to back Brazil’s central bank digital currency using blockchain and AI for transaction integrity. Share this article A Brazilian federal deputy introduced legislation to create a national Bitcoin reserve that would hold up to […]
The Value Of Direct Investing For Clients And Advisors: Making The Case For Precious Metals
Image Source: Unsplash Direct investing, where clients take ownership of specific assets, offers distinct advantages for both clients and advisors. By moving beyond generalized funds and into tangible assets (like physical precious metals), advisors can provide a level of customization and security that strengthens client relationships and sets their business apart. Additionally, this investment approach aligns […]
Changpeng Zhao urges focus on real blockchain apps over meme coin hype
Key Takeaways Changpeng Zhao advocates for focusing on real blockchain applications instead of meme coins. The meme coin sector holds a market capitalization of $116 billion, despite criticism over utility. Share this article Binance’s former CEO Changpeng Zhao urged the crypto community to move away from meme coins and focus on developing real blockchain applications, […]
First-ever Dogecoin ETP debuts in Nordics as Elon Musk boosts interest in the crypto asset
Key Takeaways DeFi Technologies’ Valour launched the first ever Dogecoin ETP on Sweden’s Spotlight Stock Market. DOGE recently hit a three-year high amid broader crypto market activity. Share this article Valour, a digital asset investment subsidiary of DeFi Technologies, announced today the launch of a Dogecoin (DOGE) exchange-traded product (ETP). The fund—first of its kind […]
Pantera Capital hits 1000x milestone as CEO predicts $740K Bitcoin by 2028
Key Takeaways Pantera Bitcoin Fund has achieved a 1,000-fold increase since its inception with returns over 130,000%. Dan Morehead projects Bitcoin could reach $740,000 per BTC due to increasing financial adoption. Share this article Pantera Bitcoin Fund, one of the earliest Bitcoin-focused investment funds, has reached an extraordinary milestone with 1,000x returns, representing a lifetime […]
ASI Alliance unveils ‘ASI: Train’ with $100M brain-inspired robotics model Cortex
Key Takeaways ASI Alliance launches a new program to develop domain-specific AI models for complex challenges in science, medicine, and robotics. Users can stake FET tokens to gain ownership of AI models, which are tradable in secondary markets under a decentralized framework. Share this article The Artificial Superintelligence (ASI) Alliance has launched ASI: Train, a […]
Pain In Retail
Image Source: Unsplash US equity futures are mixed this morning. The Dow looks to open lower due to a 7% decline in Amgen (AMGN) after the company reported disappointing data related to its weight loss treatment. S&P 500 and Nasdaq futures are firmly in the green, but the Russell 2000 is indicated to open slightly lower […]
Morocco set to legalize crypto after 2017 ban
Key Takeaways Morocco is drafting a law to regulate crypto assets, moving away from its 2017 ban. The central bank is considering a CBDC to improve financial inclusion and control over digital currencies. Share this article Morocco is set to legalize crypto assets after a ban that has been in place since 2017, Reuters reported […]
Bitcoin Retreats From Record High As Long-term Holders Take Profits, Can Drop To $80k
Bitcoin retreated over 6% to $91,912 on Tuesday as long-term holders took profits near record highs.Bitcoin’s (BTC) meteoric rise hit turbulence this week as the cryptocurrency retreated from its all-time high, dropping more than 6% to $91,912 in early trading Tuesday. The decline comes after Bitcoin reached a historic peak above $99,000 last week, marking its largest […]
Best Buy Reports Q3 FY’2025: Decline In Sales And Earnings
Image Source: Unsplash Best Buy Co., Inc. (NYSE: BBY) reported its third-quarter results for fiscal year 2025, showcasing a mixed performance. The company recorded a total revenue of $9.445 billion, a decline from the $9.756 billion reported in the same quarter of the previous year. This decrease was primarily driven by a 2.9% drop in enterprise comparable […]
