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Finance

Abrdn Acquires Stake in Archax

Abrdn Acquires Stake in Archax

In an official announcement on 12 August, Archax confirmed that Abrdn has signed a deal with the company to become its largest external shareholder. Archax has been established to facilitate institutional investors who are interested in blockchain-based digital assets. Archax was established four years ago. The company has secured approval from the Financial Conduct Authority …

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Broadridge’s Total Revenues Climb 12% in Q4 FY22

Broadridge’s Total Revenues Climb 12% in Q4 FY22

NYSE-listed financial technology giant, Broadridge Financial Solutions yesterday reported its financial results for the fourth quarter of the fiscal year 2022 (Q4 FY22). During the mentioned period, the company witnessed solid growth across key business areas. Total revenues in the recent quarter reached $1,723 million, which is 12% higher compared to the same period last …

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MakerDAO Founder Suggests ‘Seriously Considering’ Depegging DAI from USD

MakerDAO Founder Suggests ‘Seriously Considering’ Depegging DAI from USD

Source: AdobeStock / piter2121 MakerDAO (decentralized autonomous organization) founder Rune Christensen has called for the community members to consider depegging Maker (MKR)’s stablecoin DAI from USD, and perhaps (slowly) getting into ethereum (ETH) – which Vitalik Buterin argued would be a “terrible idea.” Writing in the DAO’s Discord channel, as yearn.finance (YFI) core developer banteg …

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Time to Diversify your Cryptocurrency Portfolio: Start with Binance Coin, Supontis Token, and Polygon

Time to Diversify your Cryptocurrency Portfolio: Start with Binance Coin, Supontis Token, and Polygon

You may have heard that the bear market is the best time to accumulate cryptocurrencies. This is true; more importantly, this could be a great time to diversify your cryptocurrency portfoliowhile the market is down. You can buy mainstream cryptocurrencies such as Binance Coin (BNB) and Polygon (MATIC). Or you could purchase presale projects such …

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Will Bitcoin and Ethereum Price Maintain The Bullish Trend In Coming Week?

Will Bitcoin and Ethereum Price Maintain The Bullish Trend In Coming Week?

The overall crypto market cap is now maintaining its range above $1 trillion, and the majority of the cryptocurrency assets seem to be thriving.  The Bitcoin price, which was earlier struggling around $23,000, has reclaimed the $24,000 level and might close the weekend on a bullish note. However, the latest analysis has a different prediction. …

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Bitcoin to Demonetize Gold – Michael Saylor Predicts the Future of Gold Investment

Bitcoin to Demonetize Gold – Michael Saylor Predicts the Future of Gold Investment

In an interview with Kitco, Michael Saylor, the former CEO of MicroStrategy, predicted that Bitcoin would demonetise gold. “Gold was metallic money for the 19th century,” he said while adding that gold will not be adopted as money in the 21st century.  He predicted that a spot-based Bitcoin exchange-trade fund might come in a year. …

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Solana (SOL) Price Can Rally Nearly 60% In Coming Days – Here’s The Target Levels

Solana (SOL) Price Can Rally Nearly 60% In Coming Days – Here’s The Target Levels

Although the market capitalization of all cryptocurrencies is still bouncing around the $1 trillion level and has not yet reached its peak, there has been a general upward trend in the value of the major coins. With the recent increase of more than 50% in the price of Ethereum (ETH), it is only a matter …

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