BlackRock’s Bitcoin ETF, IBIT, is now one of the top 10 ETFs of all-time, at least when it comes to maintaining its streak of daily investment inflows. As of Tuesday, April 23, IBIT has seen 70 days of inflows, meaning that the fund has seen a positive increase in its total holdings of the underlying asset,…
Nilam Resources, Inc., a precious metal mining company with principal assets in Peru, has announced it is entering into a Letter of Intent (LOI) with Xyberdata Ltd. to acquire 24,800 bitcoin. This agreement involves acquiring 100% of the common stock of a special purpose entity named MindWave, to be established in Mauritius, which will hold the BTC along…
With the kickoff event ‘Bitcoin im Bundestag,’ Bitcoin has entered the political discourse in Germany. Roman Reher of Blocktrainer, the largest German-speaking Bitcoin YouTube channel, and Kristian Kläger, CEO and founder of terahash.energy GmbH, delivered two formidable introductory presentations in the German Parliament. Since German politicians still mainly associate Bitcoin with criminal activities, money laundering,…
MirageC/Moment via Getty Images At A Glance Eli Lilly’s (LLY) revelation of tirzepatide’s potential in treating metabolic dysfunction-associated steatohepatitis (MASH), also known as NASH, represents a significant shift in the competitive landscape, with the potential to further disrupt Madrigal Pharmaceuticals’ (NASDAQ:MDGL) resmetirom’s market positioning. The clinical and financial implications of this development are profound, with…
Eric Thayer Costco (NASDAQ:COST) experienced an exceptionally strong q1’24 in revenue across all segments and membership growth. With margins widening towards FY21 levels, the big question is whether Costco will be able to maintain this level of growth and profitability. With an anticipated 33 new warehouses opening in 2024, strong 90.50% global renewal rates, and…
MetaMask has collaborated with some local payment providers spread across Africa, Asia, and South America. In line with its ambitions to establish its presence around the world, crypto wallet MetaMask has announced a series of new partnerships. The announcement hints at a focus on emerging markets as MetaMask joins hands with local payment providers spread…
Kerkez/iStock via Getty Images We passed on Granite Real Estate Investment Trust (NYSE:GRP.UN) (TSX:GRT.UN:CA) back in June of this year, since we expected a slowdown in the industrial sector. We preferred to hold out for a dip in the more favorably valued Dream Industrial Real Estate Investment Trust (OTC:DREUF) (DIR.UN:CA). Even then, Dream Industrial traded…
Bitcoin software wallet maker Nunchuck has introduced Byzantine, their innovative collaborative custody platform tailored specifically for Bitcoin advisors. Byzantine’s unique offering lies in its ability to effortlessly craft multi-user multisig wallets. This feature paves the way for seamless collaboration between advisors and their clients. While the client enjoys complete control over their bitcoin, the advisor…
According to an OKX exec, the exchange is in the final stage and has banks waiting on regulatory approval in the form of a license. Popular OKX crypto exchange is close to getting a virtual asset provider license (VASP) in Hong Kong and is in the final stage of the process. If all goes well,…
The Dutch economy, once a beacon of robust growth and stability, has hit a rough patch as it enters a recession following two consecutive quarters of contraction. The preliminary estimate published by Statistics Netherlands revealed a 0.3% decline in the second quarter of the year, following a 0.4% contraction in the first quarter. The Dutch economy’s…
The John Lewis Partnership will now use artificial intelligence supported by Google Cloud to provide customers with new and improved services. British company The John Lewis Partnership has signed a deal with Alphabet‘s Google Cloud for machine learning and artificial intelligence (AI) purposes. The deal is worth £100 million and will see Google Cloud partner…
Meanwhile, the British Museum is not the only cultural institution engaging with the crypto ecosystem. The British Museum, a renowned institution steeped in culture and history, is venturing into the world of the metaverse through a partnership with The Sandbox, an Ethereum-based metaverse game. With this collaboration, the museum plans to create a collection of…