Ethereum nears US$2K as ETHSystems launches
Ethereum (CRYPTO:ETH) traded close to US$2,000 after the launch of ETHSystems, a new company focused on building financial products around the Ethereum ecosystem.
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Ethereum (CRYPTO:ETH) traded close to US$2,000 after the launch of ETHSystems, a new company focused on building financial products around the Ethereum ecosystem.
South Korea's ruling Democratic Party has proposed allowing state-run investment funds to invest in digital assets as part of a wider plan to modernise the country's financial system.
Securitize and Cantor Fitzgerald have partnered to help companies launch tokenised initial public offerings and follow-on share sales using blockchain technology.
Stripe and Advent International have offered to buy PayPal for more than US$53 billion, offering US$60.50 per share in a proposed takeover.
Revolut received in-principle approval from Dubai's Virtual Assets Regulatory Authority (VARA) to offer crypto services in the United Arab Emirates.
Aave (CRYPTO:AAVE) is expanding its Horizon real-world asset lending platform to Avalanche (CRYPTO:AVAX), marking its first move beyond Ethereum for institutional lending.
BlackRock won US Securities and Exchange Commission approval to increase the options position limit for its iShares Bitcoin Trust (IBIT) from 250,000 to 1 million contracts.
Christie's CEO Bonnie Brennan discussed the significant increase in memorabilia sales, noting a 300% rise, and addressed whether this trend represents the future focus of Christie's auctions. She emphasized that memorabilia is just one chapter in a diverse auction portfolio. She speaks with Romaine Bostick on "The Close."
Amber Linz, Founder and CEO of Mimi's, discusses the strong demand for frozen yogurt, particularly near university locations where younger consumers are fueling long lines. Industry data cited from Bloomberg and Crunch indicates a 26% growth in the frozen yogurt market overall. She speaks with Romaine Bostick on "The Close."
Amber Linz, Founder and CEO of Mimi's, discusses the strong demand for frozen yogurt, particularly near university locations where younger consumers are fueling long lines. Industry data cited from Bloomberg and Crunch indicates a 26% growth in the frozen yogurt market overall. She speaks with Romaine Bostick on "The Close."
Jeffrey Currie, Senior Advisor at Carlyle, discussed the current complexities in the oil market. He highlighted that despite one of the highest crack spreads since the mid-1980s, crude oil futures have softened due to significant disruptions. He speaks with Romaine Bostick & Isabelle Lee on "The Close."
Margaret Tahyar, partner, co-head of Financial Institutions Group, Natalie Ings, partner, head of portfolio Solutions Lightyear Capital, and Elyse Reilly, partner, financial services, EY-Parthenon at Ernst & Young, join Dani Burger on "Bloomberg Deals."
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