Multiple US States Have Revoked Binance US Crypto Licenses
News

Multiple US States Have Revoked Binance US Crypto Licenses

Multiple U.S. states have revoked or declined to renew Binance US money transmitter licenses due to compliance issues and legal troubles involving former CEO Changpeng Zhao (CZ). “North Dakota joins Alaska, Florida, Maine, North Carolina, and Oregon who have taken similar actions to revoke or deny the renewal of BAM Trading Services’ Money Transmission License,” […] Source: https://news.bitcoin.com/multiple-us-states-have-revoked-binance-us-crypto-licenses/

Coinmetrics Report Explores the Risks of High FDVs in Crypto Markets
News

Coinmetrics Report Explores the Risks of High FDVs in Crypto Markets

A new report by Coinmetrics, along with researchers Victor Ramirez, Matías Andrade, and Tanay Ved, delves into the complexities of crypto tokenomics. The report explores the intricate balance of token distribution, valuation, and market impact. Understanding FDV and Token Float: Key Insights From Coinmetrics In recent years, the launch Fully Diluted Valuations (FDVs) of crypto […] Source: https://news.bitcoin.com/coinmetrics-report-explores-the-risks-of-high-fdvs-in-crypto-markets/

Nvidia Flips Microsoft to Become World's Most Valuable Company, Thanks to AI
News

Nvidia Flips Microsoft to Become World’s Most Valuable Company, Thanks to AI

Fueled by the explosive global hunger for greater computing horsepower in artificial intelligence, Nvidia on Tuesday surpassed Microsoft to become the most valuable company on the planet. With Nvidia (NVDA) stock trading at $135.87 as of writing, the company has a market capitalization of $3.34 trillion, according to Yahoo Finance. A 3.7% rise early in the day put the California-based…

Continue Reading

Blackrock’s Cohen Discusses Financial Advisors’ Cautious Approach to Spot Bitcoin ETFs
News

Blackrock’s Cohen Discusses Financial Advisors’ Cautious Approach to Spot Bitcoin ETFs

Blackrock’s chief investment officer of ETF and Index Investments discussed the cautious approach financial advisors take toward spot bitcoin exchange-traded funds (ETFs) due to price volatility and regulatory concerns. “Their job is really to construct portfolios and do the risk analysis and due diligence,” the executive stressed. “They’re doing that right now.” ‘This Journey That […] Source: https://news.bitcoin.com/blackrocks-cohen-discusses-financial-advisors-cautious-approach-to-spot-bitcoin-etfs/