#finance and business news
Latest cryptocurrency news and articles about finance and business news. Stay updated with developments, analysis, and insights.
Cathie Wood’s ARK Invest Expands Exposure to BitMine Holding 2M ETH
Cathie Wood’s ARK Invest has further increased its investment in BitMine Immersion Technologies (BMNR), the Ether-focused treasury firm chaired by Tom Lee. On Monday, ARK bought 101,950 shares valued ...
Trump Family’s Wealth Surges by $1.3 Billion Amid Crypto Moves
The Trump family’s wealth jumped by $1.3 billion this week, largely driven by the trading debut of American Bitcoin (ABTC), a mining company co-founded by Eric Trump, and gains from World Liberty Fina...
Kinto Token Plummets Over 80% as Network Announces Shutdown
The Kinto token, the governance token of the Kinto Network, has collapsed by more than 80% after the team announced that its Ethereum layer-2 blockchain will shut down at the end of September. The dec...
El Salvador Celebrates Bitcoin Day Amidst Policy Reversals and Mixed Outcomes
The El Salvador Bitcoin Office celebrated “Bitcoin Day” this Sunday, marking the fourth anniversary of the Bitcoin legal tender law taking effect in September 2021. In a post on X, the office noted ke...
Etherealize Raises $40M to Push Ether, ETH Price to Spike?
Ethereum advocacy firm Etherealize has secured $40 million in fresh funding to accelerate institutional adoption of the blockchain, in a week when public companies added more than $1.2 billion worth o...
XRP Army Credited for Ripple’s Landmark Win Against SEC
Ripple’s long-running legal battle with the US SEC officially came to an end last month, and many argue that XRP tokenholders were the deciding factor. The case, which began in 2020, centered on alleg...
ECB Chief Warns of Stablecoin Liquidity Risks in Europe
Christine Lagarde, the President of the European Central Bank (ECB), has warned about the liquidity risks that stablecoin assets could pose. She cautions that without quick and strong regulations, the...
Ether Treasury Firms Face Mounting Risks Amid Yield-Chasing Strategies
Companies stockpiling Ether in search of maximum yield may be exposing themselves to significant risks if the market turns downward, according to Sharplink Gaming co-CEO Joseph Chalom. Speaking in an ...
SEC and CFTC Announce Joint Effort to Oversee Spot Crypto Trading
The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have issued a joint staff statement, signaling a coordinated approach to overseeing spot crypto tradin...
EU Regulator Warns of Investor Risks in Tokenized Stocks
The European Union’s top markets regulator has raised concerns over tokenized stocks , cautioning that such instruments could mislead investors by failing to provide the same rights as direct share ow...
Coinbase and OKX Roll Out Crypto Services for Australian Retirement Funds
Two of the world’s leading cryptocurrency exchanges are opening the door for more streamlined access to digital assets in retirement portfolios in Australia. Coinbase and OKX have launched dedicated s...
Binance Expands in Mexico With New Local Entity and $53M Investment
Binance, the world’s leading crypto exchange, has taken a big step to grow its presence in Latin America by launching Medá. The new Mexico-based company will play an important role in expanding financ...