Analysts see Bitcoin at $100,000 soon
May 8, 2025
DARMA Capital Introduces Filecoin Swap Offering
DARMA Capital has pioneered a financial derivative based on a decentralized storage protocol with over $100-million worth of its Filecoin holdings available, Coindesk reported. Under the Filecoin Asset Use Swap,...
Read moreGoldman Sachs Downgrades Its S&P 500 Target to 4,900 on Possible Fed Rate Hikes
Goldman Sachs analysts expect the S&P 500 to be at 4,900 by the close of 2022 as Fed hikes rates than initially expected, according to a report by Markets Insider...
Read moreUS Treasury Department Mulls Exempting Crypto Miners, Wallet Operators from Reporting Rules
The United States Treasury Department is looking into exempting crypto miners and wallet operators from tax reporting regulations, CoinTelegraph reported. The Treasury Department told lawmakers plan to exempt crypto miners,...
Read moreOne River Taps Coinbase to Provide Crypto Exposure to Wealth Clients
One River is collaborating with Coinbase to provide a platform to allow wealth managers to provide crypto exposure to their clients, according to a blog post by Coinbase on Friday....
Read moreTatum Launches NFT Minting Feature Without Coding
Blockchain development platform Tatum has rolled out a new feature that allows developers to mint non-fungible tokens without coding, CoinTelegraph reported. Dubbed as NFT Express, Tatum’s new feature is available...
Read moreKorea’s Wealth Fund Banks on Metaverse, AI for Growth
Korea Investment Corp. is eyes an expansion in alternative assets particularly in the metaverse and artificial intelligence, Bloomberg reported. Chief Executive Seoungho Jin said he sees alternative assets making up...
Read moreVisa Competes With Digital Yuan in Beijing Winter Olympics
The digital yuan is proving itself as a competitor of payments giant Visa Inc. in the Beijing Winter Olympics, WSJ reported. Visa has continued to be the exclusive electronic payments...
Read moreWhy Higher Interest Rates Are Unlikely to Translate to Higher Gains for Deposits
The anticipated increase in interest rates will not necessarily reflect higher gains for depositors, WSJ reported. Banks do not have a lot of motive to increase the interest paid on...
Read moreCryptocurrencies to Pave Way for Future Generation of Billionaires
Cryptocurrencies will open doors for a new generation of billionaires, according to a Be In Crypto report. Studies suggest that cryptocurrency users will grow at a faster pace than the...
Read moreTwilio Tops Earnings Expectations, Records Further Revenue Growth in Q4
Twilio Inc, a San-Francisco-based cloud communications platform, saw its shares soar 20% after Q4 results topped estimates, according to a news release by Twilio on Wednesday. Q4 revenue expanded 54%...
Read moreFLOW Tokens Jumped 11% After Getting Olympics Winter Games License
Flow’s FLOW tokens soared as a new, licensed mobile game about the ongoing Olympics Winter games was unveiled on the network, according to a report by CoinDesk on Thursday. nWayPlay’s...
Read moreMSCI to Include Grab and Other 20 Securities to Primary Global Index
MSCI set to add Singaporean rider hailer Grab and 20 other stocks to its primary global index in a quarterly review, according to a report by MSCI on Wednesday. Eleven...
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