Crypto World Echo

Valkyrie amends Bitcoin Fund S-1 filing with enhanced custody and valuation rules

Valkyrie Investments refiled an amended Form S-1 with the Securities and Exchange Commission on Thursday for its Valkyrie Bitcoin Fund, adding more precise rules around custody, valuation, seed investments, and risks as the cryptocurrency investment vehicle awaits regulatory approval to trade on Nasdaq. The new filing updates the index used to value the fund’s Bitcoin from Lukka Prime to the CME CF Bitcoin Reference Rate – New York Variant, which calculates the reference rate as of 4 PM Eastern

LNG demand in China, India, Pakistan to rebound post US-Iran conflict: Reuters

LNG demand in China, India, and Pakistan is expected to rebound after the US-Iran conflict ends. Crude oil reaching a new all-time high by December 31 at 16% YE.The post LNG demand in China, India, Pakistan to rebound post US-Iran conflict: Reuters a...

Ethereum ETF inflows of $445M surpass Bitcoin’s $467M in September

Ethereum's ETF inflow surge highlights shifting investor preferences, potentially altering the crypto market's traditional dynamics and allocations.The post Ethereum ETF inflows of $445M surpass Bitcoin’s $467M in September appeared first on Cr...

Nvidia, Micron Technology, and OTC Markets declare dividend raises of 30% or more

These dividend hikes reflect robust financial health and strategic positioning in AI, potentially attracting more investor interest and confidence.The post Nvidia, Micron Technology, and OTC Markets declare dividend raises of 30% or more appeared fir...

AllianceBernstein says AI development slowdown won’t derail tech fundraising

Despite AI development concerns, tech fundraising remains robust, but potential future capex deceleration could impact US economic growth.The post AllianceBernstein says AI development slowdown won’t derail tech fundraising appeared first on Cr...

Barclays reiterates buy rating on Strategy, sets price target at $160

Barclays' fintech classification of Strategy Inc. highlights its evolving identity, balancing software growth with Bitcoin volatility risks.The post Barclays reiterates buy rating on Strategy, sets price target at $160 appeared first on Crypto Briefi...

MediaTek launches Dimensity 9600 Pro on TSMC’s 2nm process, taking direct aim at Qualcomm

MediaTek's aggressive entry into the premium segment could intensify competition, potentially driving innovation and price shifts in the market.The post MediaTek launches Dimensity 9600 Pro on TSMC’s 2nm process, taking direct aim at Qualcomm a...

AI hyperscalers face trillion-dollar gamble as spending outpaces revenues

The trillion-dollar AI investment gamble could lead to a major economic shift or a historic capital misallocation, impacting global markets.The post AI hyperscalers face trillion-dollar gamble as spending outpaces revenues appeared first on Crypto Br...

Gates Foundation plans $1B investment to improve AI access for underserved communities

The Gates Foundation's AI investment could significantly reduce global inequality by enhancing education, healthcare, and agriculture access.The post Gates Foundation plans $1B investment to improve AI access for underserved communities appeared firs...

Wells Fargo downgrades US technology sector to equal weight

Wells Fargo's tech sector downgrade highlights valuation concerns, urging investors to be selective amid robust AI growth expectations.The post Wells Fargo downgrades US technology sector to equal weight appeared first on Crypto Briefing.

Kremlin aide warns Poland could vanish in days if conflict erupts

Heightened rhetoric from Russia towards Poland signals increased regional instability, potentially prompting NATO to reassess its defense strategies.The post Kremlin aide warns Poland could vanish in days if conflict erupts appeared first on Crypto B...

Coinex Is Closing After 9 Years, and Its Founder Won’t Sell It

Coinex, the exchange Haipo Yang launched in December 2017, will end spot trading on Sept. 29 and shut down completely on Dec. 22, blaming a long crypto slump and rising compliance costs. The Calendar Users Need Coinex announced an orderly wind-down o...

US House Crypto Tax Bill Spares Fees Under $10, but Not Heavy Traders

House Ways and Means Chair Jason Smith unveiled a 114-page crypto tax bill on Monday night that would stop taxing network fees under $10, setting up a committee markup on Wednesday, Sept. 16. What the Bill Actually Changes Bloomberg Government report...

The ETF Boom Gets a Trading Makeover

Massive growth in ETF options is arguably the most significant recent development in trading behaviour in this market.Data from Cboe indicates that ETF options' average daily volume was up by more than 31% in the first half of this year compared to t...

Bitcoin Suisse Cutting up to 50% of Swiss Workforce

Swiss crypto firm Bitcoin Suisse is restructuring to expand internationally as a global wealth manager, a move that will cut up to 50% of its workforce at its Zug headquarters. Cost-Cutting Drives Relocation Swiss cryptocurrency pioneer Bitcoin Suiss...

A Fake Tesco Casino Is Still Live and Ranking First on Google

“The official Tesco casino” was able to advertise itself as the real deal on Meta until the Guardian put questions to it. The unlicensed casino remains online at the time of writing this article, and ranks first in Google’s organic results for...

Anthropic Targets Financial Services, as AI Turf War Hits Wall Street

Just days after OpenAI configured ChatGPT for investment bankers, Anthropic responded on Monday with a targeted suite of AI tools built specifically for wealth managers.London's trading industry is coming home!Dubbed "Claude for Financial Advisors,"...

Strategy prioritizes $950 million STRC buyback over expanding its Bitcoin treasury

Strategy’s latest $139.3 million repurchase of STRC variable-rate preferred shares has brought its spending on buybacks to about $950.8 million since July 20, more than twice what it spent acquiring Bitcoin over the same period.The company’s Sept. 14...

How Everyday Savers Can Accidentally End Up With AI-Heavy Portfolios

Years of AI-driven gains increased technology exposure inside index trackers, workplace pensions, and other mainstream holdings, according to Devere CEO Nigel Green. Monday’s sell-off showed how savers can acquire concentrated exposure without...

Less Than 10 Billionaires Have Actually Kept Their Promise to Give Away Their Fortune

Fewer than 10 of the 256 billionaires who signed the Giving Pledge have actually followed through on giving away their fortunes, and most of the fulfillments happened only after death. Liz Baker, CEO of Greater Good Charities, argues Elon Musk is rig...