Investing – Page 70 – The Trust Nest

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Bitcoin Price Prediction as Trillion Dollar Investment Firm Fidelity Says BTC is About to Soar – $100,000 Incoming?

May 8, 2024

Bitcoin Price Prediction Bitcoin (BTC/USD) currently displays a potential bullish outlook, trading at $62,901, reflecting an increase of around 1%. This observation aligns with Fidelity Investments’ analysis that similar patterns…

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Grayscale Withdraws Ether Futures ETF Application Before SEC Decision

May 8, 2024

The world’s largest cryptocurrency asset manager Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US Securities and Exchange Commission (SEC) was…

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Investing

FTX Creditors Set for Cash Windfall Beyond 100% of Claims

May 8, 2024

A new reorganization plan filed Tuesday night proposes that nearly all FTX account holders will be repaid in full for their claims. They may even receive additional cash on top…

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Investing

Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs

May 8, 2024

Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs). In an announcement shared with CryptoNews, London-based Wintermute said…

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South Korean OTC Crypto ‘Thieves’ Admit Guilt in USDT Trial

May 8, 2024

Four suspected South Korean OTC crypto “thieves” have pleaded guilty to stealing around $735,000 from a crypto buyer in a “bogus” USDT deal. Five men appeared at the Incheon District…

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Investing

Starknet Foundation Boosts Blockchain Innovation With $5M Grants Program

May 8, 2024

The Starknet Foundation announced on May 7 a new $5 million seed grant program to support emerging projects on the network, boosting blockchain innovation. The new Seed Grants Programme will…

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Investing

Top Crypto Gainers Today on DEXScreener – WALLETAI, BOBO, MEW

May 8, 2024

On a mostly bearish day in the cryptocurrency market on Tuesday, Render (RNDR), Kaspa (KAS) and Tron (TRX) are top crypto gainers today and some of the only coins trading…

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Investing

Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges to Challenge SEC

May 8, 2024

Robinhood Markets, a prominent retail trading platform, announced its intention on May 7 to challenge the US Securities and Exchange Commission (SEC) in court following allegations of securities violations. The…

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Investing

Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs

May 8, 2024

Freshly published SEC filings have uncovered a massive Bitcoin whale holding nine-figure funds spread across multiple U.S. Bitcoin ETF products. According to a May 7 13F-HR filing submitted to the…

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Investing

Gary Gensler Attributes SEC’s Focus on Crypto to Financial Media and Fraud Concerns

May 8, 2024

Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), defended the agency’s attention to the crypto industry in an interview on May 7, asserting that it’s not an…

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