Purpose Investments Leading the Way for XRP ETF Approval Rising Institutional Demand for XRP Recently, Purpose Investments has made significant strides in achieving the first XRP ETF approval ahead of the US. This move comes as institutional demand for XRP continues to rise, fueled by the growing popularity of cryptocurrencies among traditional investors. Analysts believe…
UBS Key4 Gold Goes Digital with Ethereum Layer-2 Network Testing, Testing, 1-2-3! Swiss banking giant UBS recently made waves in the tech world by successfully testing its innovative UBS Key4 Gold product on ZKSync, an Ethereum Layer-2 network. This exciting development opens up a world of possibilities for digital asset management and tokenization. What Does…
Grayscale’s Investment Product Unveiled: Can Dogecoin Really Be Taken Seriously? Is Dogecoin More Than Just a Meme Coin? Grayscale, the world’s leading crypto asset manager, has made a bold move by unveiling an investment product aimed at offering investors exposure to Dogecoin (DOGE). Yes, you read that right – Dogecoin, the world’s oldest and largest…
It’s a Rollercoaster Ride in the Crypto Market! Hold on tight, folks! The NFT market is experiencing some turbulence alongside the broader weakness in the crypto world. Bitcoin has taken a dip to $101,000, and Ethereum has followed suit, dropping to $3,200. According to the latest CoinMarketCap data, the overall crypto market cap has slipped…
The Federal Reserve’s Inflation Target and its Implications Understanding the Fed’s Dual Mandate One part of the Federal Reserve’s dual mandate is to keep inflation in check, which has proven to be stickier than expected after the pandemic. But, where did the Fed’s 2% inflation target come from, and does it make sense in today’s…
PEPE Memecoin’s Rise in February A Month of Surprising Growth PEPE memecoin has been making waves in the cryptocurrency world, and its performance in February might just surpass its impressive showing in January. The meme-based digital currency, inspired by the popular Pepe the Frog internet meme, has gained a loyal following in recent months, due…
This week’s major news events President Donald Trump’s tariffs President Donald Trump’s tariffs that will soon take effect have caused a stir in the business world. The administration’s decision to impose tariffs on products from certain countries has sparked concerns about the impact on global trade and the economy. Crackdown on immigration The Trump administration’s…
MicroStrategy Raises $563.4 Million Through Perpetual Convertible Preferred Stock Offering Introduction MicroStrategy, a leading business intelligence software company, has recently announced that it has surpassed projections with its latest offering of perpetual convertible preferred stock. The offering raised an impressive $563.4 million, which is almost three times more than initially expected. This achievement highlights the…
