Goldman Sachs, BNY Mellon and Others Test Enterprise Blockchain for Tokenized Assets
The Canton pilot allowed 15 asset managers, 13 banks, four custodians and three exchanges to seamlessly transact and settle tokenized assets.
Financial
Financial
MicroStrategy ‘Not Resting on its Laurels’ as Bitcoin Hits All-Time High: Canaccord
The investment bank almost doubled its price target on the stock to $1,810 from $975, highest among Wall Street analysts.
Financial
VanEck Spot Bitcoin ETF Sees Record $119M Inflow After Fee Cut to 0%
VanEck waived the management fee for its spot bitcoin ETF for a year or until it reaches $1.5 billion in assets under management.
Financial
Jamie Dimon Defends Right to Buy Bitcoin Even Though He Never Will
The JPMorgan CEO has been a consistent critic of the cryptocurrency, though his latest comments suggest maybe a tiny bit of softening.
Financial
Ethereum Blockchain Counts Down to ‘Dencun’ Upgrade, Set to Reduce Fees
The upgrade is designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum.
Financial
Rapper Drake Posts Michael Saylor’s Bitcoin Video To His 146M Instagram Followers
Michael Saylor said that bitcoin will “eat gold” in an interview with CNBC on Monday.
Financial
U.S. CFTC’s Behnam Says Agency Writing New Policy on Prediction Markets
Companies such as PredictIt and Kalshi would get “regulatory clarity” under rule in coming months, according to the chairman of the derivatives regulator.
Financial
Sweden’s Central Bank Chief Wants ‘as Little Bitcoin as Possible’ in Country’s Financial System: Bloomberg
“It’s an instrument that is impossible to value, and in practice it’s based on pure speculation,” Riksbank Governor Erik Thedeen said.
Financial
EU Parliament Approves New Sanctions Laws That Also Apply to Crypto
The laws are to ensure sanctions rules are applied uniformly across the EU’s 27 member states.
Financial
U.S. CPI Unexpectedly Rises to 3.2% Annual Pace in February
Stubbornly high inflation so far in 2024 appears to be standing in the way of the Fed’s willingness to begin cutting rates.