Rising Dormant Bitcoin Numbers Suggest Holding Is a Preferred Investment Strategy
Almost 69% of circulating bitcoin have been inactive for at least a year. Source
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Investment
Federal Reserve’s Rate Hike Cycle Has Peaked, Investment Banks Say
Back then, most central banks, including the Fed, were pumping record amounts of money into the system through zero interest rate policy and unlimited bond buying to help the global economy absorb the shock from the coronavirus pandemic. They are unlikely to revert to the ultra-easy policy in the near
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Crypto asset investment in Latvia declines by 50% over past year, per central bank
The number of people buying crypto assets in Latvia is declining, Latvijas Banka said in its 2023 “Financial Stability Report."The central bank attributed the falling interest in crypto to negative sentiment linked to fraud and insolvency among major market participants, “unwise” investments that have already been made, crypto’s links to
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Artificial Intelligence Investment Could Reach $200B Globally by 2025: Goldman Sachs
“Despite this extremely fast growth, the near-term GDP impact is likely to be fairly modest given that AI-related investment currently accounts for a very low share of U.S. and global GDP,” the analysts wrote, adding that while investment so far has been focused on model development, a “substantially larger hardware
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AI boom to beat electricity and PCs, $200B investment by 2025: Goldman Sachs
Artificial intelligence could eventually have a bigger financial impact on the American economy than electricity and personal computers, according to economists at investment banking giant Goldman Sachs.In an Aug. 1 investment report, Goldman Sachs economists Joseph Briggs and Devesh Kodnani predicted that AI could pull as much as $200 billion
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NFT-styled debit cards the future of Web3 — Animoca founder on $30M hi investment
Animoca Brands co-founder and executive chairman Yat Siu sees significant potential in the personalization of Web3-based services as his firm earmarks $30 million for the neobank platform hi.Siu’s investment firm plans to invest in the Web3 app that combines a cryptocurrency exchange, digital banking services and a customizable nonfungible token
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Crypto-friendly BlackRock starts ‘digital-first’ investment offering in India
Global investment giant BlackRock is expanding its reach in India with a partnership targeting the launch of the “digital-first offering” in India.BlackRock, on July 26, officially announced a joint investment project with Jio Financial Services (JFS), an arm of Indian tycoon Mukesh Ambani’s Reliance Industries — India’s most-valued firm. The
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Stellar, Ripple and Solana-Based Investment Funds See AUM Spike in July
The large gains began following Ripple’s partial court victory over the SEC in the middle of the month. Source
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Avalanche Foundation allocates $50M investment to on-chain asset token purchases
The Avalanche Foundation announced the launch of “Avalanche Vista,” a $50 million initiative to spur tokenization on the Avalanche blockchain, on July 25.Today, the Avalanche Foundation introduces Avalanche Vista, a $50M initiative to pioneer tokenization on #AvalancheTokenization is poised to be one of the most impactful blockchain innovations of the
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Parrot Finance early backers to lose 90% of investment in contentious proposal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Parrot Finance is facing a redemption vote two years after raising over $80 million in a public token sale during Solana’s heyday. The proposed redemption program seeks to end Parrot’s governance token, PRT, with more than $80
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