Henlo
-
bob wrote a new post
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…
-
bob wrote a new post
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…
-
bob wrote a new post
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…
-
bob wrote a new post
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…
-
bob wrote a new post
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…
-
bob wrote a new post
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…
-
bob wrote a new post
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…
-
bob wrote a new post
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,…
-
bob wrote a new post
10 months, 3 weeks agoLGT Private Banking Expands German Presence with Frankfurt Office
LGT Private Banking has expanded its operations in Germany by opening an office in Frankfurt. This move increases LGT’s presence in the country, where it already has offices in Hamburg, Dusseldorf, and Cologne. T…
-
bob wrote a new post
10 months, 3 weeks agoSEC Updates Eight Filings as Bitcoin ETF Deadline Approaches
The U.S. Securities and Exchange Commission (SEC) has started to publish notices of filing updates related to spot Bitcoin ETFs. As of 10:45 p.m. UTC, the SEC’s national securities exchange page listed amendments t…
-
bob wrote a new post
10 months, 3 weeks agoBitcoin ETF Managers Slash Fees Amid Approval Anticipation
Top investment managers such as BlackRock, ARK Invest, VanEck, and Bitwise have recently submitted revised S-1 forms to reduce their spot Bitcoin exchange-traded fund (ETF) management fees, as per the latest…
-
bob wrote a new post
10 months, 3 weeks agoBitcoin ETF Managers Slash Fees Amid Approval Anticipation
Top investment managers such as BlackRock, ARK Invest, VanEck, and Bitwise have recently submitted revised S-1 forms to reduce their spot Bitcoin exchange-traded fund (ETF) management fees, as per the latest…
-
bob wrote a new post
10 months, 3 weeks agoBlackRock Plans Workforce Cut Amid Shift in Investment Strategy
BlackRock, a leading global investment firm, is reportedly on the verge of announcing a significant downsizing of its workforce. The impending layoffs, accounting for about 3% of its global workforce, will result…
-
bob wrote a new post
10 months, 3 weeks agoRole Models Share Career Advice for Women in Asset Management
In an effort to provide a platform for women to share their personal experiences, e-fundresearch.com has launched a new series of articles in 2023 titled ‘Role Models’. Five role models were asked to share the…
-
bob wrote a new post
10 months, 3 weeks agoCore Scientific Raises $55M, Prepares to Emerge from Bankruptcy
Core Scientific, a major Bitcoin mining company that filed for bankruptcy, has successfully closed a $55 million equity offering. This move comes as the company prepares to emerge from its Chapter 11 filing in…
-
bob wrote a new post
10 months, 3 weeks agoCore Scientific Raises $55M, Prepares to Exit Bankruptcy
Core Scientific, a major Bitcoin mining company that filed for bankruptcy, has successfully closed a $55 million equity offering. The offering was oversubscribed, leading to the return of excess capital to…
-
bob wrote a new post
10 months, 3 weeks agoUBS Plans Expansion of China Onshore Wealth, Asset Management
UBS, the banking giant, is setting its sights on expanding its wealth and asset management presence in China. This strategic move is driven by the potential the bank sees in the country, according to Eugene Qian,…
-
bob wrote a new post
10 months, 3 weeks 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…
-
bob wrote a new post
10 months, 3 weeks 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…
-
bob wrote a new post
10 months, 3 weeks 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…
