Marathon Digital, Kenyan government discuss crypto policy, energy use
The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary. Go to Source
investment
Auto Added by WPeMatico
Analysts: Gold Rush In China Is Propping Prices Up
The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S. sanctions have contributed to this end. China … Read more
Pantera invests in TON with high expectations for Telegram’s future
The Telegram-TON hookup opens up a broad spectrum of Web3 opportunities for Telegram’s 900 million monthly users, Pantera Capital said. Go to Source
HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels
Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted a much larger sum of $4.6 billion on their initial day. Despite High Hopes, Hong Kong’s Bitcoin ETFs Start Slow … Read more
Hong Kong ETFs opens the ‘door’ to Chinese RMB holders, issuers say
Fund issuers and industry experts hope Hong Kong’s new crypto ETFs will open the doors for mainland Chinese investment in the future. Go to Source
China Asset Management Exec Anticipates Hong Kong Spot Bitcoin ETFs to ‘Exceed’ US Debut
With the debut of spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong trading on Tuesday, market observers are speculating about the potential demand for these ETFs in the region, reminiscent of the enthusiasm seen in the U.S. following the approval of 11 spot bitcoin ETFs on Jan. 10. Zhu Haokang, head of digital … Read more
DWF Labs Continues Altcoin (JASMY, FET) Transactions Amidst Profitable Moves
In the dynamic landscape of cryptocurrency investments, DWF Labs, a prominent market maker, remains active not only in making purchases but also in selling altcoins for profits. Recent reports from spotonchain shed light on DWF Labs’ latest transactions involving two distinct altcoins transferred to the leading cryptocurrency exchange Binance: – 329M JASMY ($4.88M) at $0.01483 … Read more
What crypto traders can learn from Charlie Munger — even if he hated BTC
Legendary investor Charlie Munger may have once called Bitcoin “rat poison squared” — but that doesn’t mean crypto traders should ignore his years of investing wisdom. Go to Source
Google to invest another $2B in AI firm Anthropic: Report
Google has already invested $500 million as part of the deal, while the outstanding $1.5 billion will be paid over time, according to the Wall Street Journal. Go to Source
Sam Bankman-Fried $500M Anthropic stake irrelevant to case, prosecutors say
United States prosecutors argue that the potential for FTX investors to be made whole through the high valuation of Anthropic cannot be presented by Sam Bankman-Fried’s legal team. Go to Source