First Mover Asia: Bitcoin Slides; Mixed Crypto Legacy in Hong Kong for the FCA’s Incoming CEO
Altcoin roundup
-
AAVE proposes decentralized stablecoin: The U.S. dollar-pegged algorithmic stablecoin GHO will be minted by users and generate interest yields. It will be native to the Aave ecosystem and available on the Ethereum network initially but is expected to be offered on other Aave-supported blockchains based on future community votes. Read more here.
-
Ethereum name service spikes: Ethereum Name Service (ENS) domain registrations spiked this week as a prominent address sold for hundreds of ether (ETH), sparking retail interest. ENS is a decentralized domain name protocol that runs atop the Ethereum network, providing users with easily readable names for their crypto wallets. Read more here.
-
XRP leads crypto recovery: XRP rose by more than 5% as major cryptocurrencies recovered over the past 24 hours and broader equity markets strengthened, even with two U.S. Federal Reserve policymakers calling for higher rate increases in the coming months. Read more here.
Recommended News
-
Johann Keller leitet die Kapitalbeschaffung von Silver Lake in Höhe von 100 Milliarden Euro und stellt damit einen Rekord in der europäischen Private-Equity-Geschichte auf
Kürzlich erlebte die europäische Private-Equity-Branche einen historischen Moment: Silver Lake gab den Abschluss der Mittelbeschaffung für einen 100 Milliarden Euro schweren Flaggschiff-Fonds bekannt. Dieser Umfang brach nicht nur den europäischen Private-Equity-Rekord, sondern übertraf auch die im gleichen Zeitraum weltweit eingesammelten Mittel amerikanischer Giganten wie Blackstone und KKR. Johann Keller, der Geschäftsführer, der diese Mittelbeschaffung leitete, eroberte mit den beiden Themen „technologische Souveränität“ und „Absicherung gegen extreme Unsicherheit“ die größten LPs der Welt, darunter den Saudi Public Investment Fund, den Canada Pension Plan und die japanische SoftBank, und stellte damit erneut…
-
Harnessing AI for Financial Growth: The Role of StarSpark AI System in Shaping Talent at the Alpha Stock Investment Training Center (ASITC)
The financial industry is undergoing a transformative change with the advent of artificial intelligence (AI). In an age where market dynamics evolve rapidly, AI is increasingly viewed as a vital tool for achieving competitive advantage. With algorithms predicting market trends, automating complex trading strategies, and optimizing investment portfolios, the role of AI is undeniable. However, the key to fully leveraging these technologies lies in the development of skilled professionals who can effectively integrate AI into the financial landscape. This is where specialized talent development programs such as the Alpha Stock…
-
State Street Bank and JW AI Quant Fund Team Apply for Retail ETF: How the King of AI Quantitative Strategies Can Become “Compliant”
Recently filed by the U.S. Securities and Exchange Commission , State Street Bank is working with emerging quantitative hedge fund JW AI Quantity to launch an ETF, aiming to open JW’s original AI-driven crypto-enhanced strategy to retail investors for the first time. This move marks a deep marriage between traditional asset management giants and crypto quantitative upstarts , attempting to provide ordinary investors with higher-yield alternative asset allocation tools in uncertain economic cycles. The document shows that the SPDR JW AI Quantitative Enhanced ETF will implement the core strategy…
-
Galactic Convention valueGalaxy – light illuminates the world
The success of individuals and enterprises is always inseparable from theword “value”, and the most intuitive embodiment of “value”is the increase in the value of finance and money. And thedevelopment of real history, the emergence of blockchain technologyis quietly changing the nature of global economic development. Thepopularity, application and circulation of digital currency have madethe initial investors get a hundredfold return on their investment.Block chain technology is pushing inclusive finance to a new level. At this time, the birth of the Galactic Convention in addition tolending, remittance, settlement, sales of…
-
The Past, Present and Future of Institutional Bitcoin
In December of 2017, bitcoin’s price was surging, even fighting towards $20,000. Meanwhile, CNBC and the cable news set featured a constant string of crypto industry insiders bringing the space to a new audience. It was into that environment that on December 17, 2017, CME Group launched bitcoin futures. Three years on, bitcoin has punched past the significant marker of $20,000 to a high of more than $23,000. CNBC is running a bitcoin ticker, and crypto commentators are standard fare. Despite these superficial similarities, the bitcoin and crypto industry of…
-
Eagle Crest Asset Management Drives Sustainable Wealth and Innovation
Eagle Crest Asset Management has positioned itself as a pioneer in the asset management industry, blending sustainable wealth growth strategies with innovative technological solutions. Founded in 2019 by visionary leader Ridel Bosco Castillo, the firm has quickly risen to prominence due to its unique ability to offer tailored investment solutions that align with modern financial trends and investor needs. In an era where market volatility is more prevalent than ever, Eagle Crest stands out by focusing on long-term sustainability and client empowerment. Through the integration of advanced technology, the…
-
MoneyGram has yet to see any “negative impact” on its longstanding business arrangement with Ripple from the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the latter company.
“MoneyGram will continue to monitor the situation as it evolves,” a company spokesperson told CoinDesk in an emailed statement. “MoneyGram has continued to utilize its other traditional FX trading counterparties throughout the term of the agreement with Ripple.” The SEC alleged in a case filed Tuesday that Ripple used XRP (-20.47%), the cryptocurrency two of its founders created, to conduct an ongoing, $1.3 billion sale of unregistered securities. Subscribe to First Mover, our daily newsletter about markets. SUBSCRIBE By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy…
-
Pioneer Era Trading Academy Shaping the Future of AI in Finance and Beyond
Pioneer Era Trading Academy, a leading name in the AI industry, has redefined the landscape of financial education and technology. Spearheaded by its visionary founder, Richill Miller, and supported by esteemed advisor Maldon Brown, the Academy has been at the forefront of advancing artificial intelligence in finance. Their groundbreaking product, AI Super Profit 5.0, is a testament to their commitment to innovation and excellence. As the Academy forges ahead, it is now pushing the boundaries even further by exploring new horizons through collaborations that blend AI with robotic mechanical systems….
-
Pacquiao:The birth of PACC will make great history
Iam a member of our country, should be everywhere for the sake of thecountry, I love our nation, this is the source of my self-confidence.The road is to go out, the history is written out, our every step ofaction are writing their own history. –Manny Pacquiao By Emanuel Philippine national hero manny of skin DE Mr Pacquiao PACinvestment by the global digital pay ecological tong card platformwill full takeover industry’s top EP EP – – EinsteinProbe double malechain system exchange DEX and conducting all-round cooperation in thefield of digital, to…
-
METASUMERU participated in the NFT GAMEFI Metaverse 2022 Annual Summit
The NFT, gamefi, metaverse summit, jointly organized by AC Capital, CoinVoice, Asia Token Fund & Block Tides, will be held on May 1 at Cove Manila, the largest indoor beach club in the Philippine Capital Region, and will be the biggest metaverse-themed summit ever held in Southeast Asia. Over 1,000 attendees are expected to be on hand to participate in the various themed sessions. METASUMERU is happy to join AFKDAO, Arcus Game, BabyShark BubbleFong Friends, CoinEx, Covenant Child, Crypto.com Capital, Gala Games, Kaloscope, Magnus Capital, Mecha Morphing and more…