Big things are happening in the world of finance. A hedge fund called Numerai just raised a lot of money. They got $30 million from some serious investors. This includes big university endowments. Now, the company is worth $500 million. That's a huge jump from just a few years ago. Numerai is not y
Bitcoin's value has been on a rollercoaster, dropping to its lowest point since May. It's now below $95, 000, and the week isn't looking good with a 9% loss. Other big names in crypto like Ethereum and Solana aren't faring much better, with losses of 11% and 15% respectively. XRP is holding up bette
Bitcoin's recent drop below $90, 000 didn't trigger the usual market panic. Instead, it revealed something interesting: crypto is growing up. The market isn't reacting the way it used to during big Bitcoin dips. Other cryptocurrencies, or "alts, " aren't crashing as they did in the past. This sugges
Asia is making big moves in tokenized finance, and it's happening faster than in the U. S. Let's break it down. Japan is working on rules to make crypto more like traditional finance. They've got over 12 million exchange accounts holding trillions in assets. The goal is to make it easier for banks
A crypto fund that raised $28M in late 2021 has gone bust, leaving investors empty-handed. The UK's Serious Fraud Office (SFO) has stepped in, arresting two men in connection with the collapse of Basis Markets. Raids were conducted in London and West Yorkshire, where digital devices and documents we
The crypto market has been on a rough ride lately. Prices have been dropping, and it's not just because people are selling. There might be a bigger issue at play: market makers could be in trouble. Market makers are like the unsung heroes of the crypto world. They help keep things running smoothly
Crypto prices have been falling hard since October. The total value of all cryptocurrencies has dropped by over $1 trillion. This is a big deal because it shows how volatile the crypto market can be. Bitcoin, the most well-known cryptocurrency, has been hit especially hard. It's now worth about 30%
The crypto market is having a rough day. Bitcoin (BTC) is down by 3%, trading at $86, 410. 50. This drop comes after it had a brief rally earlier in the day, reaching above $93, 000. It's now at its lowest point since April. But Bitcoin isn't the only one feeling the heat. XRP (XRP-USD) has fallen b
Tom Lee, a well-known figure in the financial world, has an interesting take on how crypto prices might be a clue to what's happening in the U. S. stock market. He believes that the ups and downs of crypto could give us a heads-up on where stocks are headed. Recently, crypto prices have been on a d
In the world of cryptocurrency, partnerships can turn sour quickly. Core Foundation and Maple Finance, once collaborators, are now locked in a legal battle. Core accuses Maple of breaking their agreement and misusing confidential information to launch a competing product, syrupBTC. This feud started
