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Economy

A collection of 596 issues

Japan's Pension Fund Explores Bitcoin Investment: A Diversification Strategy

The Japan Pension Investment Fund (GPIF), the world's largest pension fund with assets under management amounting to $1.4 trillion, is venturing into new investment territories. In a bold move, the GPIF is considering the inclusion of Bitcoin among its diversified portfolio, alongside other non-liquid assets such as

Vanguard CEO Critiques Bitcoin and Rejects Cryptocurrency ETF Listings

In a firm stance against the volatile waves of the cryptocurrency market, Vanguard CEO Tim Buckley has publicly criticized Bitcoin as a questionable means of saving and decisively dismissed the notion of listing cryptocurrency ETFs on their platform. This announcement comes at a time when some competitors are embracing the

"Hacken Revolutionizes Share Ownership with Tokenization and Plans for a 2027 IPO"

Hacken has announced a groundbreaking move in the realm of shareholder equity by initiating the tokenization of its capital stock. In a significant development, the company has allocated 10% of its shareholder equity for this purpose, allowing HAI token holders to exchange their tokens for shares at a ratio of

"MicroStrategy's Bold Bitcoin Bet: A $500 Million Bond Issue to Fuel Investments"

MicroStrategy, a prominent player in the technology sector, has announced plans to raise an additional $500 million through the issuance of bonds, with a maturity date set for March 15, 2031. This move marks the company's second bond issue in March 2024, signaling a continued and aggressive investment

The trading volume of spot bitcoin-ETFs has reached $10 billion for the first time

On March 5th, 2024, the trading volume of spot Bitcoin Exchange-Traded Funds (ETFs) in the United States reached an unprecedented $10 billion, marking a new milestone since the launch of these funds in January 2024. This historic achievement highlights a significant surge in interest and investment in Bitcoin ETFs, amidst

The Golden Decade for Bitcoin: Michael Saylor's Bold Forecast

In an era marked by rapid technological advancements and the unpredictable twists of the financial markets, Michael Saylor, the founder of the tech giant MicroStrategy, has made a striking prediction. Saylor foresees a "gold rush" era for Bitcoin spanning the next decade. This perspective, shared during his speech

"Eight States Accuse SEC of Overstepping Authority in Lawsuit Against Kraken, Highlighting Potential Risk to Consumers and Precedent for Federal Overreach"

In an unprecedented move that underscores the growing tension between state and federal regulatory frameworks, attorneys general from eight states have jointly filed a legal brief challenging the U.S. Securities and Exchange Commission's (SEC) lawsuit against the cryptocurrency platform Kraken. The collective action taken by the states

Bitcoin Aims to Solidify Its Position Above $61,000 as Liquidations in Futures Contracts Surge

In a dynamic shift within the crypto asset market, Bitcoin is making a determined push to cement its value above the $61,000 mark. This move comes amidst a substantial increase in liquidations related to futures contracts, with losses exceeding $320 million, according to a report by incrypted.com. The

Magic Square Acquires TruePNL: A Strategic Move to Dominate Launchpad Platforms and Staking Segments

In a significant move that underscores the ever-evolving dynamics of the Web3 application platform landscape, Magic Square has officially acquired TruePNL, the renowned launchpad. This strategic acquisition marks a pivotal moment for both entities, promising to reshape the future of launchpad platforms and staking segments. Incrypted CEO of TruePNL, Russel

Major Fraud Uncovered in the Blast Ecosystem: RiskOnBlast Team Pulls Off a $1.3 Million Rug Pull

In what marks a significant breach of trust within the burgeoning Blast ecosystem, the RiskOnBlast project team executed a rug pull, absconding with over $1.3 million worth of cryptocurrency. This incident, which saw the diversion of more than 420 ETH (Ethereum), represents the first major case of fraud in