Vision Fund, SoftBank’s tech investment arm, posted a loss of 4.3 trillion yen for its fiscal year that ended March 31st. SoftBank sustained a $32 billion record loss for its Vision Fund tech investment arm amid a challenging period for tech stocks. For its fiscal year ending March 31st, the Japanese investment holding company’s Vision Fund posted a 4.3 trillion yen ($32 billion) deficit. This loss surpassed the 2.55 trillion yen that SoftBank sustained in the same period last year....
Read More »New York Floats Bill to Allow Stablecoin Payments for Bail Bonds
The stringent measures that appear to have been established against crypto in New York, the acceptance of stablecoins for bail bonds is a win. The city of New York is currently planning to add stablecoin payments as a form of bail. According to a May 10 bill, the city is proposing legislation that will allow defendants to use fiat-backed stablecoins for bail bonds. Noting that current methods allow the use of cash, credit cards, and insurance, the new bill seeks an amendment that will make...
Read More »Standard Chartered Signs MoU with DIFC to Launch Digital Asset Custody Services in Dubai
Both parties look forward to partnering on opportunities that support their visions and promote a thriving digital asset ecosystem. Banking corporation Standard Chartered plans to launch digital asset custody services in the Dubai International Financial Centre (DIFC). While the plans are still subject to regulatory approval, Standard Chartered said the new digital asset custody services in Dubai will focus on institutional investors. Also, one of the banking corporation subsidiaries,...
Read More »Palantir Technologies Sells Off 100-Ounce Gold Bars Acquired in August 2021
Palantir also revealed that it closed the quarter with $1.62 billion in US Treasury securities. Software company Palantir Technologies (NYSE: PLTR) has sold all the gold bars it acquired in August 2021. The company invested $50.9 million to buy 100-ounce precious metal, which it said will be initially kept in a secure third-party facility in the northeastern United States. At a time when many companies put their money in Bitcoin and other digital assets, Palantir said the gold bars...
Read More »Milady NFT Floor Price and Milady Meme Coin Surges after Tweet by Elon Musk
With a market capitalization of approximately $126 million, the Milady Meme Coin saw its trading volume rally above $199 million. Tech billionaire and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, has once again proved his influence in the meme coin industry through a tweet of Milady NFT. As a result, the price value of Milady-related tokens skyrocketed in the past 24 hours with increased demand demonstrated by a sharp uptick in traded volume. For instance, the floor price of Milady NFTs jumped...
Read More »TABOO Gains Bullish Momentum With $10M Funding at $250M Valuation
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up TABOO recently secured $10 million in funding at a valuation of $250 million. TABOO token is now available for trading on major exchanges, including Binance and Coinbase. Recently, the TABOO token has been gaining attention from investors and traders as it has been making bold moves in the cryptocurrency...
Read More »EOS Price Analysis: More Losses Seem Likely Below $0.92
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price started a fresh decline below the $1.00 level against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.920 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could...
Read More »In Deutschland hat jeder Zwanzigste in Kryptowährungen investiert
2022 hielten 5,8 Prozent der Deutschen Kryptowährungen. Etwa 4,9 Millionen Personen entsprechen dieser Anzahl. Es ist auffällig, dass sowohl das Einkommen als auch das Alter sowie der Bildungsabschluss einen Einfluss darauf haben, ob eine Person in Kryptowährungen investiert oder nicht. 67 Prozent der Menschen mit einem jährlichen Einkommen von über 300’000 Euro besitzen Kryptowährungen. Der Anteil beträgt nur 10 Prozent bei einem Einkommen von...
Read More »Litecoin (LTC) Price Analysis: Bulls Face Uphill Task
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin is showing bearish signs and trading above $75 against the US Dollar. LTC price is now trading below $85 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $84.8 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could...
Read More »Binance Unveils Capital Connect for VIP Clients
Binance is rolling out a new platform that seeks to connect institutional investors with crypto investment fund managers. At launch, the new platform, dubbed ‘Capital Connect,’ will be available to Binance VIP-level users including asset and fund managers, brokers, hedge funds, family offices and high net-worth individuals, liquidity providers, and corporations. Binance’s Free Service for VIP Clients According to the official blog post, the service will be free for all...
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