MLM Network Zone

The Federal Reserve lowered interest rates by 50 basis points today, marking the first significant cut in over four years. bit.ly/3f7o14k http://dlvr.it/TDQGk0

Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart contracts to change the current payment flow standard. The objective is to design a system combining public and private money to enhance cross-border settlement processes. Project Agora Gains Support From Private Banking Giants Project Agora, […] from Bitcoin News https://ift.tt/TmuFkDN via IFTTT

DBS Bank, Singapore’s largest bank, has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4 2024. This new offering will allow institutional investors to gain exposure to bitcoin and ethereum, the two largest cryptocurrencies by market capitalization. The initiative aims to provide sophisticated tools for managing digital […] from Bitcoin News https://ift.tt/gbk0UaX via IFTTT

In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The financial institution’s report also discusses bitcoin’s growing appeal among institutional investors. Blackrock Report Sees Bitcoin as a Key Asset for Long-Term Portfolio Diversification Blackrock, the […] from Bitcoin News https://ift.tt/E9RLDqK via IFTTT

River launched a transparency tool proving it holds over $800 million worth of Bitcoin in full reserve custody. The U.S. exchange aims to rebuild trust after failures like FTX with its new River Proof of Reserves. bit.ly/3f7o14k http://dlvr.it/TDNnyy

BlackRock released a new report explaining why Bitcoin is a unique portfolio diversifier detached from other assets. The world's largest asset manager continues embracing Bitcoin as adoption gains mainstream acceptance. bit.ly/3f7o14k http://dlvr.it/TDNSs8

The Human Rights Foundation has announced its latest round of grants, totaling 1 billion satoshis worth over $590,000. bit.ly/3f7o14k http://dlvr.it/TDMxKZ

Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per share through a strategy similar to that of Microstrategy, which has gained recognition for its bitcoin acquisition policy. Cathedra Bitcoin Ditches Mining […] from Bitcoin News https://ift.tt/sPBqX56 via IFTTT

The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising questions about the firm’s practices and the risks it missed. “Prager’s […] from Bitcoin News https://ift.tt/eXZ4HNE via IFTTT

According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs Continue to Grow, While Ethereum Funds Lose Ground Leading the charge among the 12 bitcoin funds was Blackrock‘s IBIT, which pulled in $15.82 million in […] from Bitcoin News https://ift.tt/1AosF6W via IFTTT