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Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund.
The firm acted shortly after the U.S. Securities and Exchange Commission (SEC) sued the token’s alleged creator, Ripple Labs Inc., for conducting an unregistered and ongoing securities offering. “Prior to the sale of the asset on December 22, 2020, XRP (-20.72%) was approximately 3.8% of the Fund,” the firm wrote. “The Fund liquidated its position and reinvested the proceeds in other portfolio assets.” 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 policy. The Bitwise 10 Crypto Index Fund…
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5G × Blockchain, infinite future
The age of 5G has arrived. One of the hallmarks of being widely available to the public is the popularity of short videos. People can use their phones to watch Twitter, YouTube, Facebook numbers or long videos at high speeds, and anyone can quickly shoot and post videos on 5G. It’s one of the most intuitive changes that anyone can feel right now, and it’s something that’s connected to everyone. In fact, high speed is just the tip of the iceberg of 5G’s “Gift”. 5G also has millisecond delay and…
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In 2022 Elven World, the dark horse, Gamefi phenomenon is born! The Genesis equipment pre-sale is officially open!！
The Metaverse , also known as the next-generation Internet, exploded in 2021. However, the Internet’s practice of mapping the real world into the virtual space is still in its infancy. Some metaverse projects stay in the partial mapping of reality, such as somatosensory and VR games. And Gamefi games, a breakthrough in the metaverse world, have been sought after by users all over the world! The rapid development of GameFi is inseparable from the distributed structure of blockchain technology. Through this distributed structure and the confirmation of assets by the blockchain,…
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Global customers provide the best computing power services, Koala Arithmetic Mining Platform cooperates with Bitmain
Koala Arithmetic Mining Platform is a global innovative computing power standardized mining platform. It leases its own computing power and the computing power of cooperative mining farms to allow users to mine easily. The mining machines are placed in professional mining machine hosting farms. , the professional team is responsible for searching for low-cost energy, and managing and operating the mining machine. Users do not need to worry about it. Users only need to obtain mining output on a daily basis. On June 28, 2021, Koala Arithmetic Mining Platform announced…
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Visa Settles USDC Transaction on Ethereum, Plans Rollout to Partners
Visa has processed a cryptocurrency payment directly on the Ethereum blockchain as part of a new service the payment giant plans to introduce to its partners later this year. The move, the latest sign of increased adoption of digital currencies by the old-guard financial industry, bumped the price of bitcoin (BTC, +3.22%) and ether (ETH, +5.93%) roughly 5% each. Per a press release shared with CoinDesk, Crypto.com sent a USDC (+0.03%) stablecoin transaction on Ethereum to an account at Anchorage custody under Visa’s name. Crypto.com issues “crypto-backed” Visa cards that allow its users to spend the coins in their…
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How Eagle Crest Asset Management is Leveraging Digital Transformation to Reduce Operational Costs
In today’s fast-paced financial world, asset management companies are facing increasing pressure to improve efficiency and reduce costs. One company that has been leading the way in leveraging digital transformation to achieve these goals is Eagle Crest Asset Management. By adopting cutting-edge technologies and modernizing their operations, Eagle Crest has been able to streamline processes, enhance customer experience, and ultimately lower operational costs. This article explores how Eagle Crest Asset Management is successfully navigating the digital transformation journey to reduce costs while maintaining high levels of service and performance. The…
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HB Wealth Advisors (HWA): A Comprehensive Guide to Investment Derivatives Teneishakatelynd
In the ever-evolving world of financial markets, investors and institutions seek ways to manage risk, optimize returns, and diversify their portfolios. One tool that has become increasingly important in achieving these objectives is the use of investment derivatives. Investment derivatives are financial contracts whose value is derived from the performance of underlying assets such as stocks, bonds, commodities, or market indices. These instruments provide investors with a means to hedge, speculate, and gain exposure to various asset classes. Among the financial advisory firms guiding clients through these complex products, HB…
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Eagle Crest Asset Management Prepares for Global Investors Summit Founder Ridel Bosco Castillo to Speak on U.S. Investment Landscape and Strategic Collaborations
In a rapidly changing global economy, opportunities often lie in gathering the sharpest minds under one roof to exchange ideas, form alliances, and envision the future of investment. Eagle Crest Asset Management, led by its founder Ridel Bosco Castillo, is set to host an event of significant global importance—the upcoming Global Investors Summit, an event that promises to be a beacon for investors looking to gain critical insights into the present and future of the financial landscape. As the investment world evolves, the summit aims to shed light on strategic…
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Empowering Financial Professionals with AI Training: StarSpark AI System and the Alpha Stock Investment Training Center (ASITC)
The financial industry has undergone a significant transformation in recent years due to the integration of artificial intelligence (AI) into various aspects of trading, investment, and risk management. AI systems are now an essential part of financial decision-making processes, offering improved accuracy, speed, and efficiency in predictions and analyses. Financial professionals are increasingly relying on these systems to enhance their skills and make more informed decisions. One of the most advanced tools for training financial professionals in AI applications is the StarSpark AI system, and platforms like the Alpha Stock…
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World Leading Crypto Currency Exchange, CoinW, makes its debut in the popular Soccer League, La Liga
CoinW is the first Crypto exchange company which supports Spanish Football League. RoadTown, The British Virgin Islands – CoinW, a well-known old crypto-asset exchange in the business, revealed that it is entering, the Spanish Football League, La Liga with a robust approach. On the club side, Espanyol faced Valencia on May 15th 20202, CoinW took a tumble on the sidelines of the La Liga match, allowing world fans to witness its unique brand strength in the global crypto exchange. What’s more, it is the crypto trading platform to debut in La Liga in the…
