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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied One of Thailand’s leading venture capital firms says it’s focused on boosting web3 adoption in its home country and the region by investing strategically in startups developing essential tools for onboarding new users. KX, a venture builder
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On July 25, the United States Senate backed bipartisan legislation mandating U.S. companies to report any investments in Chinese technologies. In an overwhelming vote of 91 to 6, the Senate supported the amendment to the National Defense Authorization Act (NDAA), which is anticipated to be implemented later in 2023. The amendment
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A recent survey by BTC Peers shows that 40% of young American investors aged between 18 and 40 dived into cryptocurrencies for viral meme coins. The anonymized survey was taken among 2,531 US citizens, each completing a
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FTX’s efforts to claw back customer funds are continuing. Alameda Research and FTX filed suit on July 19 seeking the return of $71.6 million in allegedly commingled corporate and customer funds related to investments and donations to life sciences companies.The defendants in the suit are six life sciences companies, the
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Scaramucci highlights the importance of patience when considering Nvidia as an investment opportunity. Investing in Artificial Intelligence (AI) stocks has become increasingly popular as the technology continues to reshape industries. However, concerns about a potential bubble in the AI industry have emerged. In a Bloomberg report, Anthony Scaramucci, the Founder of
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Once the investment giant Fidelity files for a spot Bitcoin ETF with the US SEC, it will be the second time following the dismissal of the first one two years ago. The heightened Bitcoin demand by institutional investors has pushed asset investment firms to file for an exchange-traded fund (ETF) with
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However, while investors in an index fund own shares in the fund, Hedgehog users own the assets in their stacks directly. Their funds will be held on crypto exchange Gemini, which is the integrated custodian for the app. Self-custody support could become available down the line, the company said. Source
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The traditional firm could dominate the US digital asset space for a long time to come. Asset management firm Fidelity Investments is reportedly planning a major move that can potentially shake the cores of the crypto markets. According to WhaleChart, the firm has two major moves lined up and would be
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As many as 96% of the surveyed investors working for pension funds, wealth managers, family offices, hedge funds and investment funds see digital assets as representing an investment diversification opportunity alongside traditional asset classes such as fixed income, cash, equities and commodities, the survey found. They said they were prepared
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"Typically, but not always, prices will break above the neckline [resistance] and then return to that level, currently between $24,000 [and] $25,000," Olszewicz said in a weekly market update. "This behavior is described as a ‘throwback,’ which in this case also includes a nearly three-month bullish reversal falling wedge chart
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