It is time for two asset managers to test how "friendly" the new SEC leadership is to the crypto community as they seek to launch ETFs linked to the Trump meme.
Market news: The Netherlands seeks to cut capacity at Amsterdam Airport by 4.4%.
Some traders are already seeking to hedge against the risk of a deeper correction in bitcoin.
On December 5th, the reporter learned from the Supreme People's Procuratorate today (5th) that the Supreme People's Procuratorate recently formulated and issued the "Opinions on Comprehensively Deepening Procuratorial Reform and Further Strengthening Procuratorial Work in the New Era". The "Opinions" deployed a series of procuratorial measures to serve the construction of a high-level socialist market economic system. Among them, it is required to "prevent and correct the use of criminal means t...
Singapore's Gulf Bank is seeking to raise at least $50 million in a funding round and plans to buy a stablecoin payments company next year, according to people familiar with the matter. The start-up bank, founded by Singapore family office Whampoa Group and licensed in Bahrain since February, is in talks with Middle Eastern sovereign wealth funds and other investors to sell a stake of less than 10 percent by early 2025, who spoke on condition of anonymity because the matter is being done private...
According to Bloomberg, citing sources, Cantor Fitzgerald is seeking Tether's support for a multibillion-dollar lending program. The program would allow customers to borrow dollars using bitcoin as collateral. The initial funding is set at $2 billion and is expected to expand to tens of billions of dollars. Tether has already partnered with Cantor Fitzgerald through an escrow service. In addition, according to the Wall Street Journal, Cantor acquired a 5% stake in Tether worth about $600 million...
Tesla rose more than 5 per cent in premarket trading after news that Mr. Trump might seek to ease restrictions on autonomous cars and Mr. Musk was laying out "fully driverless".
According to the Financial Times, Trump's advisers have sought assurances from leading candidates for Treasury secretary that they are committed to Trump's comprehensive tariff plan, according to people familiar with the matter.
On October 31st, the 21st issue of "Seeking Truth" magazine, published on November 1st, will publish an important article "Promoting High-quality Full Employment" by Xi Jinping, General Secretary of the CPC Central Committee, President of the State, and Chairperson of the Central Military Commission.
On October 26th, according to the Wall Street Journal, people familiar with the matter said that Boeing, the troubled company, is considering selling its famous NASA businesses, including the troubled Starliner program and supporting the operation of the International Space Station. The effort, part of a strategy by Boeing's new CEO Kelly Ortberg to streamline the company and contain financial losses, is still in its early stages and may not result in a deal. For decades, the company has worked ...
According to people familiar with the matter, artificial intelligence startup Clay is seeking to raise funds at a valuation of $1.30 billion. Last June, the company completed a $46 million Series B financing at a valuation of $500 million, led by Meritech. Clay supports revenue operations and growth teams to automate lead generation. Its clients include Anthropic, Notion, Vanta, Ramp and Intercom.
Coinbase is seeking a ruling from the U.S. District of Columbia Federal Court to compel the Securities Exchange Commission (SEC) to provide documents on how securities laws apply to cryptocurrencies. Coinbase sued the SEC in June for failing to comply with Freedom of Information Act (FOIA) requirements. Coinbase wants to obtain documents on external and internal communications related to the SEC's investigation into whether cryptocurrencies are securities, particularly regarding Ethereum. The SE...
1. OpenAI seeks to dismiss Musk's lawsuit, saying it is harassment activity. 2. OpenAI is assembling a team for its Singapore office to support AI needs in the Asia-Pacific region. 3. OpenAI expects a loss of $14 billion in 2026. 4. British media: OpenAI plans to adopt a non-profit enterprise structure to fend off hostile takeovers. 5. AI godfather and Nobel laureate Hinton: I am proud of my students for firing the OpenAI CEO. 6. After Tokyo, Japan, OpenAI announced the formation of its second A...
Cryptocurrency exchange Bitstamp is seeking to expand its institutional presence in Australia as the company continues to expand its presence in the Asia-Pacific region. Bobby Zagotta, Bitstamp's global chief commercial officer, told the Token2049 conference in Singapore: "We see Asia as a great opportunity, with Hong Kong and Singapore as our main markets and our presence in Australia growing. In 2024, we identified Australia as a specific region we want to focus on." Zagotta explains that from...
According to sources, the United States will take advantage of relatively low oil prices to seek to replenish 6 million barrels of reserves.