Financial Insights That Matter North Carolinaâs House of Representatives has passed a bill allowing the stateâs treasurer to invest public funds in approved cryptocurrencies, which will now head to the Senate. The House passed the Digital Assets Investment Act, or House Bill 92, on its third reading on April 30 by a vote of 71 […]
Financial Insights That Matter Bitcoin price is extending its consolidation streak, trading around $95,000 on Wednesday, as traders await a decisive breakout. MicroStrategyâs Q1 earnings release and the approaching deadline for the Strategic Bitcoin Reserve have the potential to move BTC price. US spot Bitcoin ETFs recorded an inflow of $172.78 million on Tuesday, continuing […]
Financial Insights That Matter BERLIN: Germany’s incoming finance minister, Lars Klingbil is a self-styled political “bridge-builder” whose calm and personable demeanour belies his sharp political instincts.Despite the bruising election loss of his centre-left Social Democrats (SPD), he will control the purse strings of Europe’s top economy under conservative chancellor-in-waiting Friedrich Merz.Klingbeil, who studied political science, […]
Financial Insights That Matter The narrative around Bitcoin ETFs is taking a powerful turn. Speaking at the panel discussion at Token 2049 in Dubai, the BlackRock head, Robert Mitchnick, mentioned that Bitcoin ETFs are seeing a major flow improvement. He said that after a period of slower activity, a lot of money is now flowing […]
Financial Insights That Matter Nearly 30 crypto advocate groups led by the lobby group the Crypto Council for Innovation (CCI) have asked the Securities and Exchange Commission for clear regulatory guidance on crypto staking and staking services. The CCIâs Proof of Stake Alliance (POSA) group argued in an April 30 letter to the agencyâs Crypto […]
Financial Insights That Matter Germany’s incoming finance minister Lars Klingbeil is a self-styled political “bridge-builder” whose calm and personable demeanour belies his sharp political instincts. Despite the bruising election loss of his centre-left Social Democrats (SPD), he will control the purse strings of Europe’s top economy under conservative chancellor-in-waiting Friedrich Merz. Klingbeil — who studied […]
Financial Insights That Matter Canada’s Prime Minister and Liberal Party leader Mark Carney speaks to supporters at a victory party in Ottawa. (Credit: DAVE CHAN/AFP via Getty Images) The Liberal Party of Canada in a stunning turnaround has won the federal election and though the final results have yet to come it looks like he […]
Financial Insights That Matter Blockchain sleuth ZachXBT revealed that the victim of the recent theft of $330 million in Bitcoin (BTC) was an elderly American citizen who was targeted by a social engineering attack. The exploit marks one of the largest known crypto thefts from an individual. ZachXBT traced the stolen 3,520 BTC, worth approximately $330 […]
Financial Insights That Matter Bitcoin price volatility has hit its lowest level in over a year and a halfâbut thatâs not the headline grabbing traders today. Itâs Arthur Hayesâ bold forecast. âDonât worry, Bitcoin is going to $1 million by 2028,â the BitMEX co-founder told a crowd at Token2049 in Dubai. âItâs time to go […]
Financial Insights That Matter While April was a rough month for the stock market, cryptocurrency companies reportedly enjoyed smooth sailing. As Bloomberg news reported Wednesday (April 30), companies such as Coinbase and crypto mining operation CleanSpark have risen sharply this month, enjoying double-digit increases even as the S&P 500 Index slipped 2.5%. According to the report, […]