Global Focus Financial News

Bitcoin’s price, now at $70,768 with a 1.50% rise, is nearing uncharted territory, spurred by a $35 billion trading volume. Amidst Google’s embrace of blockchain data, indicating growing mainstream acceptance, Bitcoin price predictions are increasingly optimistic, suggesting a trajectory towards new all-time highs. This shift underscores a significant moment in cryptocurrency’s integration into the broader...

Grayscale, a prominent digital asset management firm, has unveiled plans to launch a “dynamic income fund” dubbed GDIF, focused on investing in proof-of-stake tokens for millionaire investors. Grayscale Launches GDIF, an Actively Managed Fund for Accredited Investors Grayscale Dynamic Income Fund $GDIF is our first actively managed investment product. It seeks to optimize income in...

As Bitcoin nudges $69,935, market watchers are keen on its next move, with predictions hinting at a potential rebound above $70,000. Amidst fluctuating trends, the crypto giant’s ability to breach the $70,000 resistance level is crucial. This scenario stirs speculation on whether it’s the opportune moment to buy the dip, especially with forecasts suggesting significant...

Vitalik Buterin, the Ethereum co-founder, was spotted out and about in the South Korean tech hub city of Pangyo over the weekend – to the delight of the nation’s crypto community. Buterin was in South Korea to attend a variety of events, including an Ethereum-related conference. But eagle-eyed crypto enthusiasts were stunned to see him...

Amid a slump to a $16 billion daily trading volume, Bitcoin’s subtle uptick to $70,098 spotlights investor caution. This environment, ripe for Bitcoin price prediction analysis, piques interest in the asset’s resilience. As market dynamics evolve, understanding the implications of this volume shift is key to forecasting Bitcoin’s financial trajectory in the face of Wall...

Tinkoff Bank, one of Russia’s biggest banking players, has won a license to issue and sell “digital financial assets” (DFAs) in the country. Interfax reported that the Central Bank added Tinkoff to its official list of approved DFA operators on March 28. Tinkoff Bank Readies DFA Offerings Tinkoff’s move comes weeks after its biggest rival,...

The Qingdao branch of the Bank of China (BOC) has rolled out a new payment option for Qingdao’s metro transit system through digital yuan hardware wallets. According to the local news outlet Dazhong, this initiative introduces a “deferred payment” system that allows travelers to use the public transit service first and pay later with the...

Permissionless lending and margin trading protocol OpenLeverage has reportedly fallen victim to multiple hacks draining $230K worth assets. The hacks were flagged by blockchain security Cyvers Alerts on X (Twitter). Per the post, the losses incurred is around $230,000 worth crypto and the attacker’s wallet was funded by Tornado Cash. “Our system has detected the...