modernsociety
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10 months, 3 weeks agoBitcoin Whales Profit as SOL, ETH Adjust and Pushd Enters Presale
Bitcoin (BTC) whales are gradually cashing in on their investments in anticipation of the forthcoming ETF approval. Solana (SOL) and Ethereum (ETH) have also witnessed a fair amount of profit-taking in the market.…
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10 months, 3 weeks agoBloomberg Analyst Predicts High Approval Chance for Bitcoin Spot ETF
Renowned Bloomberg ETF analyst Eric Balchunas has reduced the likelihood of the US Securities and Exchange Commission (SEC) rejecting the launch of the Bitcoin spot ETF to a mere 5%. This updated prediction comes…
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10 months, 3 weeks agoBlackRock to Cut Workforce Amid Anticipated Bitcoin ETF Approval
BlackRock, the world’s largest asset manager, is reportedly preparing to cut its global workforce in the coming days. This decision comes as the firm anticipates positive news from the US Securities and Exchange C…
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10 months, 3 weeks agoDigital Currency Group Clears $1 Billion Debt, Including Genesis Payoff
The Digital Currency Group (DCG) has successfully paid off all short-term loans from its bankrupt subsidiary Genesis, as officially announced on January 6th. Over the past year, DCG has cleared more than $1 billion…
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10 months, 3 weeks agoCrypto News Roundup: Global Developments and Platform Updates
In a significant development, Kyrgyzstan has seen a surge in its crypto mining tax revenue, which now stands at $900K. This is a significant increase from the $133,200 collected during the same period in 2022. In…
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10 months, 3 weeks agoBitcoin ETFs May Overcome Unit Bias, Says VanEck Advisor Gurbacs
The high price of a single Bitcoin, currently valued at $43,973, is discouraging potential investors who are reluctant to purchase only a fraction of the cryptocurrency. This is due to unit bias psychology, which…
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10 months, 3 weeks agoBitget Exchange Expands Team, User Base, and Coin Listings Amid Market Resurgence
Bitget, a crypto derivatives exchange based in Seychelles, has seen significant growth, expanding its team from 1,100 to 1,500 employees and its user base from 8 million to 20 million. In an open letter, Bitget’s M…
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10 months, 3 weeks agoTIA Token Surges Amid Staking Gains and Anticipation of Celestia Airdrops
The TIA token, a product of Celestia, has recently seen a significant 22% increase in value within a 24-hour period. This surge in value is particularly noteworthy in a market that has been relatively stable in…
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10 months, 3 weeks agoBlackRock Trims Workforce, Awaits SEC Decision on Bitcoin ETF
BlackRock, the world’s leading asset manager, is reportedly planning to reduce its global workforce by approximately 3%, affecting around 600 employees. This move is said to be part of BlackRock’s regular int…
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10 months, 3 weeks agoCOP28 Sparks ESG Discussions Among Wealth Managers and UHNW Clients
The United Nations Climate Change Conference (COP28) has sparked optimism and positive momentum in the Middle East, particularly in the realm of sustainable finance. Germany and the UAE have led the way by pledging…
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bob wrote a new post
10 months, 3 weeks agoBlackRock to Cut Workforce Amid Anticipated Bitcoin ETF Approval
BlackRock, the world’s largest asset manager, is set to reduce its global workforce by approximately 3% this week. This decision is in anticipation of positive news from the United States Securities and Exchange C…
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bob wrote a new post
10 months, 3 weeks agoArgentina's Dollarization May Boost Stablecoin Use, Says Tether
Tether, a prominent player in the cryptocurrency market, anticipates that Argentina’s impending dollarization will spur the use of stablecoins, particularly USDT, for everyday transactions. This shift is expected t…
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10 months, 3 weeks agoArgentina's Potential Dollarization and the Rise of Stablecoins
Tether’s forecast about dollarization in Argentina and the rise of stablecoins has sparked a fascinating debate about the future of money and the economy. With the potential shift in Argentine monetary policy and t…
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10 months, 3 weeks agoSygnum, Float Partner with Fasanara for Tokenised Private Debt Access
Fintech firms Sygnum and Float have joined forces with credit fund Fasanara Capital to offer tokenised access to private debt markets. Float, a capital-as-a-service company based in Stockholm, has introduced the…
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10 months, 3 weeks agoBetter Markets Urges SEC to Reject Bitcoin ETFs Citing Investor Risks
Better Markets, a non-profit, non-partisan organization, has taken a firm stance against Bitcoin Exchange Traded Funds (ETFs). The organization, known for advocating strict financial regulations, has sent a letter…
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10 months, 3 weeks agoSEC Nears Approval of First Cash Bitcoin ETFs, Crypto Market Anticipates
The U.S. Securities and Exchange Commission (SEC) is reportedly on the brink of approving the first cash Bitcoin Exchange-Traded Funds (ETFs), according to Eric Balchunas, a senior ETF analyst at Bloomberg.…
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bob wrote a new post
10 months, 3 weeks agoSEC Nears Approval of First Cash Bitcoin ETFs, Crypto Market Anticipates
The U.S. Securities and Exchange Commission (SEC) is reportedly on the brink of approving the first cash Bitcoin Exchange-Traded Funds (ETFs), according to Eric Balchunas, a senior ETF analyst at Bloomberg. This…
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bob wrote a new post
10 months, 3 weeks agoSEC Nears Approval of First Bitcoin ETFs, Market Anticipates Growth
The crypto market is currently on edge as investors and analysts speculate about the future of cash Bitcoin ETFs in the U.S. The potential approval by the SEC could mark a new chapter in the history of…
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10 months, 3 weeks agoBlackRock Awaits SEC Approval for Game-Changing Bitcoin ETF
BlackRock, the renowned asset management giant, is on the brink of a significant breakthrough in the cryptocurrency market. The company is eagerly awaiting the Securities and Exchange Commission’s (SEC) approval f…
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bob wrote a new post
10 months, 3 weeks agoBlackRock Awaits SEC Approval for Game-Changing Bitcoin ETF
BlackRock, the renowned asset management giant, is on the brink of a significant breakthrough in the cryptocurrency market. The company is eagerly awaiting the Securities and Exchange Commission’s (SEC) approval f…
