Investment and financial services firm Fundamental Global Inc. has filed a $5 billion shelf offering with the U.S. Securities and Exchange Commission (SEC). The company announced that it plans to use a portion of the proceeds to purchase Ethereum (ETH). A shelf offering is a method that allows a company to gradually issue stocks, bonds,
Cryptocurrency analysis firm CryptoQuant reported that Bitcoin has entered a short-term consolidation or mild downside risk phase, with a pause in the market’s upward momentum. According to the company’s report, the market entered a “bullish break” after Bitcoin reached an all-time high of $123,000 in June. CryptoQuant noted that its Bull Score Index, which it
Having tumbled to below $112,000 at one point a few days ago, bitcoin BTC$117,389.22 has returned above $117,000 in late after U.S. trading Thursday, for now retaking the range it had been in for most of July. First giving a boost the crypto market overnight was news about President Trump’s intention to sign an executive
U.S. President Donald J. Trump has signed a new Executive Order to expand access to alternative assets for 401(k) retirement plan investors. With this move, Trump took a significant step towards fulfilling his promise to make the United States the “crypto capital of the world,” according to a document published by the White House. The
The White House announced that President Donald Trump is preparing to nominate a new member of the Federal Reserve’s board of governors. According to Bloomberg, Trump is considering Stephen Miran, known for his pro-cryptocurrency views, for the critical position. Trump previously appointed Miran to chair the Council of Economic Advisers, a key institution that directly
Xenea has announced a strategic partnership with Partisia Blockchain to integrate Multi-Party Computation (MPC) into its expanding Layer 1 ecosystem. The partnership helps resolve the most stressful issue in Web3: the requirement to store information over time while ensuring confidentiality. Digital assets today face a fundamental infrastructure problem: you can’t have both persistent storage and
US President Donald Trump is reportedly considering four people to replace Federal Reserve Board of Governors member Adriana Kugler after her resignation becomes effective on Friday. According to a Thursday Reuters report, Trump was weighing economic adviser Kevin Hassett, former Fed governor Kevin Warsh and two other people to replace Kugler by the end of
The world of finance is rapidly evolving, and at its forefront is RWA tokenization – the process of converting tangible assets into digital tokens on a blockchain. This exciting innovation just saw a significant leap forward as Plume, a blockchain platform specializing in regulated Real World Assets, announced a groundbreaking collaboration with Brazilian crypto exchange
The new executive order that US President Donald Trump is expected to sign brings with it a significant change to 401(k) retirement savings plans. The new regulation will allow Americans to invest in private equity, real estate, cryptocurrencies and other alternative investment vehicles through 401(k) plans. Trump’s move aims to offer investors a broader range
U.S. President Donald Trump expected signing of an executive order allowing Americans to add Bitcoin and Ethereum to their 401(k) retirement accounts on Thursday sent crypto markets higher, and analysts believe the news will likely continue to bolster the asset. The order will lead to billions of dollars in investments in digital assets, Varys Capital