Investment

The post High School Janitor Turns $25 Bitcoin Investment Into Millions: Two Ethereum-Like Altcoins That Can Give The Same Returns appeared first on Coinpedia Fintech News A high school janitor joined the league of crypto millionaires after a $25 Bitcoin (BTC) investment turned into millions. For many who missed Bitcoin (BTC) and Ethereum (ETH) early on, ETFSwap (ETFS) and Pepe (PEPE) are altcoins that can give the same returns. Let’s see the potential of these two Ethereum-like altcoins, ETFSwap (ETFS)…

Two tokenized mutual funds for the US Treasury and European Bonds have been launched by Spiko and will be available on the Ethereum and Polygon blockchain.  4 million Euros ($4.2 million) has been raised through a pre-seed round to sustain and finance the platform.  Polygon (MATIC) has announced the launch of two tokenized mutual funds by Spiko as part of the plans to transform the financial markets by leveraging blockchain databases. Based on the US Treasury bond and Europe government…

The post Commonwealth Bank Adds Monochrome BTC ETF to Investment Offerings appeared first on Coinpedia Fintech News The Commonwealth Bank of Australia recently expanded its ETF offerings with the addition of Monochrome BTC ETF (IBTC) to the list. The bank has provided the opportunity to invest in BTC ETF to its user base of 17 million customers. Notably, the ETF allows investors to gain direct exposure to Bitcoin’s price movements while sticking to the regulatory standards. The recent CBA listing…

The broader cryptocurrency market has shown signs of stability, ending a two-month-long phase of volatility and market corrections.  As the market looks to swing back into the green zone, the profitability of meme coins like Dogecoin ($DOGE), Pepecoin ($PEPE), and $BEFE tokens have become huge market interest subjects.  While there are talks of DOGE and PEPE holders winning big in June, BEFE, a relatively new meme project, is building one of the biggest market hypes we haven't seen in a…

San Francisco, California, June 10th, 2024, Chainwire Jellybean™, a pioneering company in the phygital space, has received an investment from Aptos Labs, further solidifying their partnership aiming to bridge the physical-digital divide. This strategic investment underscores the potential of Jellybean™ to standardize how brands engage with consumers across an increasing spectrum of products — from fan-fueled collectibles to luxury goods. Jellybean™ is set to compete with the likes of IYK, leveraging its innovative technology to create a new standard in…

As the crypto bull run of 2024 gains momentum, the spotlight shifts to altcoins with high profit potential. Analyzing current trends reveals where small investments can lead to substantial gains. This article provides insights into standout altcoins poised to make significant moves. Dive in to discover which coins are creating buzz and why they might be worth a closer look. CYBRO Presale: A One-in-a-Million Investment Opportunity CYBRO is capturing the attention of crypto whales with its exclusive token presale. This…

DWF Labs is investing $12 million in Floki, driving market confidence in the growth of the ecosystem. Floki’s price surged by over 30% after the investment announcement. Floki (FLOKI), a cryptocurrency competitor to Dogecoin (DOGE), has seen a significant price surge after DWF Labs announced a new $12 million investment in the token. This announcement comes as Floki prepares to release several key products that could potentially solidify its position in the digital assets sector. The firm announced this support…

Tether invests $18.75 million in XREX Group to boost financial inclusion and facilitate USDT-based cross-border payments. Tether’s investment in XREX comes amidst an impressive growth and restructuring efforts.  In a recent blog, Tether, a prominent figure in the digital asset industry, committed $18.75 million in a strategic investment in XREX Group. The alliance is poised to drive innovation, particularly in facilitating USDT-based cross-border payments within emerging markets and spearheading regulatory technology advancements. With Tether’s substantial investment, XREX Group is promising…

Wisconsin’s pension system invests $164 million in Bitcoin ETFs, signaling strong institutional confidence. Investment may boost Bitcoin’s price, stirring interest on whether new all-time highs are achievable. Following an earlier CNF update, the Wisconsin State Investment Board’s (SWIB) purchase of Bitcoin has been recognized as a major step towards institutional adoption of cryptocurrencies. The SWIB has now invested a substantial $164 million in Bitcoin Exchange-Traded Funds (ETFs), specifically BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Trust (GBTC), as revealed…