WorldPingEdelman Financial Engines, which manages $326 billion in client assets, disclosed a $34 million position in spot bitcoin exchange-traded funds (ETFs) in its latest regulatory filing, a stake that now exceeds the firm’s holding in Amazon.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
Read the full report at Bitcoin.com
WorldPingStrategy CEO Phong Le expects regulatory action, expanding bank participation, and digital financial products to bring more activity to subdued bitcoin markets, while political and economic developments could add further momentum during the fall.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingBitcoin developer Peter Todd’s proposal to give miners a permanent stream of new bitcoin has triggered a fresh backlash from users who see the 21 million supply limit as the asset’s most important promise.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingWorld Gold Council CEO David Tait says bitcoin is headed for zero because the supposed hedge keeps showing up as high-beta risk when markets turn ugly.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingMichael Saylor said Strategy’s STRC preferred stock gained 9% over one year while bitcoin lost 47%. The chart leaves out the company’s common stock, which closed roughly 76% below its level a year earlier.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingFinancial firms are partnering with specialists to build infrastructure, blurring lines between traditional and decentralized finance into a unified sector.
Brief by WorldPing · Original reporting by CoinDesk
On Friday, Amazon customers received an email alerting them to an update to the site's terms and conditions. Most notably, it stated that disputes would now be resolved through arbitration and said users agree to a class action waiver.
Brief by WorldPing · Original reporting by The Verge
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