modernsociety
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10 months agoUBS Group AG Pursues Expansion of Wealth Management in China
Despite economic challenges and a scarcity of deals, UBS Group AG, the Swiss multinational investment bank, is steadfast in its goal to bolster its wealth and asset management operations in China. Eugene Qian, the…
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10 months agoCleanSpark Invests $193M in Miners, Aims to Boost Hashrate Fivefold
In a significant move signaling strategic expansion, CleanSpark has invested a whopping $193 million in new miners. This investment comes as the company prepares for Bitcoin’s next halving event.The company’s amb…
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10 months agoChainlink Sees 5% Price Increase Amid Week-Long Negative Trend
In a surprising turn of events, Chainlink’s (CRYPTO: LINK) price has seen a 5.07% increase in the last 24 hours, reaching $14.21. This is a notable shift from its recent negative trend, where it suffered an 8.0% l…
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10 months agoCustodia CEO Warns of Hidden Risks in Upcoming Bitcoin ETFs
Custodia Bank CEO Caitlin Long has raised concerns about a “hidden risk” associated with the imminent launch of several Bitcoin ETFs in the United States, following BlackRock’s recent update to its S-1 filin…
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10 months agoBinance Reveals Robust Growth in Assets Amid Trust Issues
Binance, the leading global crypto exchange, has released its fourteenth Proof of Reserves (PoR), providing an in-depth look into its reserves as of January 1, 2024. The disclosure is timely, given the need for…
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10 months agoBitcoin Surpasses $47,000 Amid Anticipation of SEC's Bitcoin ETF Approval
Bitcoin has surged past the $47,000 mark for the first time since April 2022, as the deadline for the United States Securities and Exchange Commission (SEC) approval of spot Bitcoin ETFs draws near. The…
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10 months agoBitcoin ETF Approval Anticipated, Price Soars Past $47,100 Mark
The Bitcoin price has soared past the $47,100 mark, reaching levels not seen since April 2022. This surge is due to the positive sentiment in the cryptocurrency community, as all signs point towards an imminent…
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10 months agoArchax Pioneers Tokenization Revolution in Money Market Funds
Blockchain and tokenization are revolutionizing money funds, offering instant payments and revenue automation for investors. Archax, a digital asset firm regulated by the UK FCA, is leading this adoption by…
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10 months agoGrayscale Cuts Bitcoin ETF Fee, Adds Major Market Players
Grayscale, a leading asset management firm with a portfolio of around $27 billion, has announced a significant change in its fee structure for its proposed Bitcoin ETF. The firm has reduced its management fee from…
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10 months agoSolana Meme Coins Face Decline, Investors Question Choices
The hype around Solana meme coins seems to be fading, with investors facing a reality check. Solana’s influence, which previously propelled top meme coins like BONK to fame, is now under scrutiny. The excitement a…
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10 months agoSEC Decision Looms: Bitcoin ETF Approval Could Revolutionize Crypto Market
The crypto world is on the edge as the United States Securities and Exchange Commission (SEC) approaches a pivotal moment that could mark a historic shift in cryptocurrency. Investors, enthusiasts, and industry…
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10 months agoAsset Managers Poised for Bitcoin ETF Launch with Massive Capital
Speculation is mounting that asset managers are sitting on a significant amount of capital, ready to invest in Bitcoin ETFs. This comes ahead of the anticipated launch of these ETFs later in the week.This News…
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10 months agoButerin's Investment Advice Amidst Crypto Uncertainty; Mysterious Bitcoin Transfer
Ethereum co-founder Vitalik Buterin has recently shared his insights on navigating the crypto markets amidst economic uncertainty. His advice combines traditional investment strategies with a deep understanding of…
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10 months agoValkyrie, Others Rush to File Final Amendments for Bitcoin ETF Approval
Asset manager Valkyrie has led the charge among companies filing their final S-1 amendments ahead of the anticipated January 10 approval date for the first spot Bitcoin ETFs in the United States. Following closely…
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10 months agoBlackrock Offers Competitive Fee for First $5B in Bitcoin ETF Assets
In a significant development in the cryptocurrency sector, major institutions are vying for the first spot in the Bitcoin Exchange Traded Fund (ETF). Blackrock, Ark, WisdomTree, and Invesco Galaxy have all…
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10 months agoMeme Moguls Set to Outshine Ethereum and Cardano Staking Profits
Meme Moguls, a groundbreaking meme-backed stock market/exchange, is making a significant impact in the cryptocurrency sphere, potentially surpassing the profitability of Ethereum (ETH) and Cardano (ADA) staking.…
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10 months agoSEC Decision on Bitcoin ETFs Could Impact Crypto Market Value
The Securities and Exchange Commission (SEC) is set to make a decision on Bitcoin Exchange-Traded Funds (ETFs) from major players like BlackRock and Fidelity by January 10th. This decision could significantly…
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10 months agoBitcoin Acceptance Skyrockets as Global Merchants Embrace Cryptocurrency
Since its inception in 2009, Bitcoin has become a hot topic and has significantly influenced consumer choices. This medium of exchange is now being actively traded around the clock and is increasingly being…
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10 months agoNebraska Bill Proposes Basic Crypto Standards for Safe Trading
Nebraska State Senator Eliot Bostar has introduced a bill to establish basic cryptocurrency standards in the state. The legislative bill 911, also known as the Blockchain Basics Act, was introduced on January 5.…
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10 months agoRipple's XRP Surpasses Milestone Amid Upcoming Legal Challenges
Ripple’s XRP has achieved a significant milestone, with the number of its wallets surpassing the 5 million mark. This notable increase, which has been observed throughout 2023, indicates a growing user base and w…