A Bloomberg analyst has raised doubts about a report from Matrixport, a digital asset management firm, which claimed that the US Securities and Exchange Commission (SEC) may reject several pending applications for a Bitcoin exchange-traded fund (ETF). The analyst, Eric Balchuna, questioned the credibility of the report and highlighted the lack of concrete information supporting […]
Bitcoin, Ethereum, and Dogecoin experienced significant price increases on the first day of 2024. Bitcoin crossed the $45,000 mark, while Ethereum and Dogecoin also saw spikes in their values. This surge in cryptocurrency prices has caught the attention of investors and traders.Meanwhile, the US office building market is bracing itself for a potential debt cliff […]
In 2023, the cryptocurrency industry experienced a mix of challenges and opportunities. Regulatory crackdowns and financial collapses shook the market, while new trends emerged.Several major banks, including Silicon Valley Bank, Signature Bank, and Silvergate, faced collapse, causing panic among customers and impacting crypto companies. Silvergate Bank’s closure led to the shutdown of its instant settlement […]
The entire team at finews.ch, finews.com, finewsticino.ch, and finews.asia would like to express their gratitude to all readers for their immense interest and trust in this memorable year, and wish you an exciting 2024 filled with encouraging surprises.Undoubtedly, 2023 will be remembered as an eventful year from a banking perspective. What few could have imagined […]
The Zürcher Kantonalbank has announced that it will be eliminating bank fees for private customers, a move that could potentially lead to a wave of fee reductions across the banking industry. This decision comes as a relief for customers who have been burdened with high fees, particularly during a period of negative interest rates.While other […]
A number of companies have submitted their final applications for a spot Bitcoin exchange-traded fund (ETF) to the United States Securities and Exchange Commission (SEC) on December 29. Invesco Galaxy, Bitwise, WisdomTree, and Fidelity were among the companies that submitted their applications, following BlackRock, Van Eck, and Valkyrie. Fidelity, WisdomTree, and Invesco Galaxy have announced […]
GameFi, the fusion of gaming and blockchain technology, is on the brink of a transformative year in 2024. Despite previous criticism of lackluster graphics and uninspired gameplay, industry experts are confident that the upcoming wave of GameFi titles will defy expectations and redefine the genre.Mark Long, CEO of Shrapnel, a leading AAA first-person shooter, anticipates […]
Bitcoin Ordinals, a digital art collection inscribed on the Bitcoin blockchain, has sparked a heated debate within the cryptocurrency community. Critics argue that Ordinals inscriptions are “spam” and pose a security threat to Bitcoin Core. Luke Dashjr, from OCEAN Mining, even played a role in adding Ordinals to the United States National Vulnerability Database. On […]
Tether, a major stablecoin issuer, has minted an additional $1 billion of its USDT stablecoin on the Ethereum blockchain. This move is aimed at replenishing its inventory in anticipation of a surge in demand. The minting occurred on December 25 and was confirmed by Tether CEO Paolo Ardoino. He clarified that the minted tokens are […]
In 2023, the world of nonfungible tokens (NFTs) experienced significant developments and challenges. Despite criticism, NFTs remained a vibrant part of the market, with sales reaching over $1.5 billion in the last 30 days alone. Community members actively sought solutions to address the issues faced by traditional NFTs.One notable development was the introduction of Bitcoin […]
