BlackRock purchased over $357 million worth of BTC and ETH. BTC whales are in a profit-taking phase while Ethereum whales are aligning with institutions accumulation phase. On the 5th of June, BlackRock purchased 2,704 Bitcoin [BTC], valued at approximately $283.9 million, and 28,239 Ethereum [ETH] worth $73.2 million. The firm’s crypto purchase in this round … Read more
Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax Cryptocurrency transactions are now in the spotlight in Brazil, becoming a key element in the … Read more
Real estate traditionally relied on manual paperwork, with ownership tied to physical records. With blockchain and tokenization’s entry into the industry, more permanent ledgers now record transactions. These innovations convert ownership into digital tokens and split assets into multiple shares so that investors can own properties at a fraction of the price. Unlocking Property Ownership … Read more
Pan-European fund manager APS became the first institutional investor to directly acquire tokenized real estate assets through MetaWealth’s blockchain-based investment platform, according to an announcement shared with Cointelegraph. APS, which manages over 12 billion euros ($13.7 billion) in assets, purchased 3 million euros ($3.4 million) in tokenized bonds tied to two Italian residential properties listed … Read more
Cryptocurrency options analysis company GreeksLive announced in its latest report that the largest block option transaction ever in the Bitcoin market has occurred. In this transaction, which reached a total notional value of $ 1.19 billion, a position of 11,350 BTC was opened and only $ 7.5 million was paid as a premium. The block … Read more
JPMorgan, America’s biggest bank by total assets, is set to let its trading and wealth-management clients use certain crypto-linked assets, including spot Bitcoin exchange-traded funds (ETFs), as loan collateral in the coming weeks, as the United States regulatory environment warms to digital assets. According to a June 4 report from Bloomberg citing unnamed sources familiar … Read more
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data … Read more
Tether has made a strategic investment in a pan-African blockchain financial solutions provider to enhance cross-border payments and global liquidity for African businesses. Stablecoins: The Heartbeat of Financial Transformation Stablecoin issuer Tether announced June 5 that it had made a strategic investment in Shiga, a pan-African blockchain-based financial solutions provider. This collaboration is expected to … Read more
The post Best Meme Coin to Buy in June – Top Picks with 50x Potential for Early Adopters appeared first on Coinpedia Fintech News June presents fresh opportunities for investors aiming for substantial gains in cryptocurrency. Emerging meme coins are catching attention, offering the potential for significant returns to those who act early. This article … Read more
Trump Media and Technology Group, the company majority-owned by US President Donald Trump and that runs his Truth Social media platform, is wasting no time trying to introduce a spot Bitcoin exchange-traded fund (ETF) to US investors. The company submitted a Form S-1 registration statement with the U.S. Securities and Exchange Commission for its Truth … Read more