Tag Archives: Asset

Bitcoin is ‘not an asset’ and has ‘no intrinsic value,’ says $225 billion investment company

Bitcoin is ‘not an asset’ and has ‘no intrinsic value,’ says 5 billion investment company

Hargreaves Lansdown, the largest retail investment platform in the UK, which has about $225 billion in assets under management, issued a surprisingly harsh warning to its customers: Stay away from Bitcoin. The cryptocurrency has “no intrinsic value,” it told its clients, and should not be included in their life savings and retirement plans.  HL is the third large financial institution …

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Exclusive: Russia's central bank calls out violations in state asset grab – Reuters

Exclusive: Russia’s central bank calls out violations in state asset grab  Reuters Russia’s central bank challenges state takeover of Western assets  Українська правда Russian central bank enforces state buyout offer for gold miner UGC shareholders  MarketScreener As Kremlin Seizes Assets, Russia’s Own Central Bank Sounds the Alarm  Modern Diplomacy Sanctioned Russian copper firm in talks to acquire state-seized gold miner  Mining.com Source link

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Exclusive: China ask brokers to pause real-world asset business in Hong Kong, sources say – Reuters

Exclusive: China ask brokers to pause real-world asset business in Hong Kong, sources say  Reuters China Pumps the Brakes on RWA Businesses in Hong Kong: Reuters  CoinDesk RWA Tokenization Hits A Political Speed Bump In China  Forbes Chinese Regulators Crack Down on Real-World Asset Businesses – What It Means for Tokenized Assets  Yahoo Finance China and South Korea Impose New Restrictions on the Crypto …

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The President’s Working Group on Digital Asset Markets Releases Recommendations to Strengthen American Leadership in Digital Financial Technology – The White House

The President’s Working Group on Digital Asset Markets Releases Recommendations to Strengthen American Leadership in Digital Financial Technology – The White House

USHERING IN THE GOLDEN AGE OF CRYPTO: When President Trump took office in January, he promised to make America the “crypto capital of the world.” Today, the President’s Working Group on Digital Asset Markets is releasing a report that provides a roadmap to make that promise a reality. Established by President Trump’s Executive Order 14178 Strengthening American Leadership in Digital …

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Ethereum will be a larger asset than Bitcoin – EY blockchain lead

Ethereum will be a larger asset than Bitcoin – EY blockchain lead

Key Takeaway Market pundits now expect ETH to flip BTC amid several bullish catalysts. Options data showed traders were betting ETH could surge above $4K by July and tag $5K by December.  There is a growing consensus amongst Wall Street players that Ethereum [ETH] could flip Bitcoin [BTC] and get to the top crypto spot.  In a recent interview with …

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Wells Fargo Profit Rises After Lifting of Asset Cap – The Wall Street Journal

Wells Fargo Profit Rises After Lifting of Asset Cap  The Wall Street Journal Wells Fargo Cuts Net Interest Income Guidance After a Miss  Bloomberg.com Wells Fargo profit beats estimates, cut to interest income forecast weighs on shares  CNBC Wells Fargo snaps streak of revenue misses, but the stock is falling. Here’s why.  MarketWatch Wells Fargo (WFC) Tops Q2 Earnings and Revenue Estimates  Yahoo Finance Source …

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