Rootoshi
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10 months, 3 weeks agoUBS and Credit Suisse Plan More Job Cuts Amid Integration Process
In a surprising turn of events, UBS is set to continue its job cuts at Credit Suisse in 2024, with a reported 35,000 people being cut from the combined workforces. By the third quarter of 2023, only 13,000 of these…
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10 months, 3 weeks agoJTC Token to be Listed on BitMart, Enhancing Legal Recourse in Crypto
Standard Chartered, a multinational banking firm, has projected a potential surge in Bitcoin’s value to nearly $200,000 by late 2025. This prediction is based on the anticipated success of Bitcoin exchange-traded f…
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10 months, 3 weeks agoFinancial Giants Fuel Bitcoin ETFs, Signaling New Era in Cryptocurrency
Financial giants BlackRock, VanEck, and Pantera Capital have made significant investments in Bitcoin ETFs, indicating a strong institutional confidence in the cryptocurrency market. These strategic investments…
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10 months, 3 weeks agoStandard Chartered Predicts $200K Bitcoin; Meme Moguls Enters Crypto Space
As anticipation builds in the crypto world over the potential approval of spot Bitcoin ETFs in the US, major players are making bold predictions. Banking giant Standard Chartered has forecasted a staggering…
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10 months, 3 weeks agoSEC's Swift Response Sparks Debate on Bitcoin ETF Approval Timeline
As the deadline for the approval of several spot Bitcoin ETFs approaches on January 10, the US Securities and Exchange Commission (SEC) has stirred up a debate within the crypto community. The SEC has sent new…
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10 months, 3 weeks agoBitcoin Pioneer Foresees Million Dollar BTC and Potential Disruptions
Bitcoin pioneer and CEO of JAN3, Samson Mow, has expressed his belief that the price of one Bitcoin (BTC) will eventually reach a million dollars. However, he also warns that if this happens too quickly, it could…
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10 months, 3 weeks agoSwiss National Bank Reports Loss, Halts Payouts for Fiscal Year 2023
The Swiss National Bank (SNB) is set to report a loss of around 3 billion Swiss francs for the fiscal year 2023, according to provisional calculations released on Tuesday. This follows a trend from the previous…
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10 months, 3 weeks agoBitcoin Leads Recovery Amid Anticipation of Spot ETF Approval in US
The approval of spot Bitcoin ETFs in the United States appears to be inevitable. This comes after the US Securities and Exchange Commission (SEC) has taken civil actions to weed out the majority of rogue players,…
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10 months, 3 weeks agozCapital Pushes for Voting Rights Change at Baloise's General Meeting
The Basler Insurance Group, Baloise, is facing a potential change in its voting rights restriction. The Swiss asset manager, zCapital, intends to abolish the existing voting and registration restriction of 2…
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10 months, 3 weeks agoSolana Reports Growth in Developer Activity Amid Price Rally
The Solana SOL ecosystem has reported over 2,500 monthly active developers, as per recent data from the Solana Foundation. A report released on Jan. 9, 2023, stated that the network had maintained between 2,500 and…
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10 months, 3 weeks agoSwiss Financial Regulator's Absolute Power Threatens Market Stability
Switzerland’s financial markets regulation is under scrutiny due to its dysfunctional regulatory framework. Unlike the United States, which has a functional regulatory framework with proper checks, balances, and e…
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10 months, 3 weeks agoCrypto Mining Firms Outpace Tech Giants in US Trading Volumes
Crypto mining firms experienced strong trading volumes on American exchanges on Monday, with some mining shares even surpassing well-known U.S. tech giants. The combined trading volume of four mining firms — M…
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10 months, 3 weeks agoCleanSpark to Boost Bitcoin Mining Capabilities with Bitmain S21 Purchase
United States-based Bitcoin miner, CleanSpark Inc., is preparing to significantly enhance its mining capabilities. The company has plans to purchase up to 160,000 Bitmain S21 miners by the end of 2024. This…
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10 months, 3 weeks agoActivist Investors Intensify Campaigns, Financial Sector Becomes Prime Target
While the attack by US investment firm Hindenburg on the Indian Adani Group last year made the most headlines, many other activist campaigns have shaken the boardrooms of companies: from the British major bank…
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10 months, 3 weeks agoFormer SEC Chair Predicts Inevitable Approval of Bitcoin ETF
Former chairman of the United States Securities and Exchange Commission (SEC), Jay Clayton, has stated that the approval of a spot Bitcoin ETF is “inevitable”. In a recent interview with CNBC, Clayton expressed his…
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10 months, 3 weeks agoFormer SEC Chair Foresees Inevitable Approval of Bitcoin ETFs
Former US Securities and Exchange Commission (SEC) chair Jay Clayton has expressed his belief in the inevitable approval of Bitcoin ETFs. Clayton, who served as SEC chair from 2017 to 2020, emphasized the…
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10 months, 3 weeks agoTokenomics Practice in New Blockchains May Attract Regulatory Scrutiny
Omid Malekan, a renowned author and professor at Columbia Business School, has raised concerns about a tokenomics practice prevalent among newly launched layer-1 blockchains such as Aptos and Celestia. He fears…
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10 months, 3 weeks agoSEC Leverages Terra Ruling in Binance Lawsuit, Experts Question Relevance
The US Securities and Exchange Commission (SEC) has recently filed a notice of supplemental authority in its lawsuit against Binance, Binance.US, and former CEO Changpeng ‘CZ’ Zhao. The SEC is citing the jud…
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10 months, 3 weeks agoStandard Chartered Forecasts Bitcoin to Reach $200,000 by 2025
Standard Chartered, a British multinational bank, has projected that Bitcoin (BTC) will reach a value of $200,000 by the end of 2025. This prediction indicates a more than 300% increase from its current trading…
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10 months, 3 weeks agoCitigroup Plans Onshore Investment Banking Launch in Mainland China
Citigroup, a New York-based financial institution, is reportedly planning to establish its onshore investment banking unit in mainland China. The bank aims to launch this unit within a timeframe of 12 to 18 months,…
