Crypto Traders Expect Shifts in Markets
Crypto traders anticipate an end to the recent lackluster market movements as we enter the second month of the final quarter. Bitcoin has been ensnared below $73,777 since the peak in March. The price experienced a decline as a result of the forthcoming U.S. election and the escalating geopolitical tensions, following a recent peak of […]
UBS Launches Ethereum-Based Money Market Fund
UBS Asset Management launched “uMINT,” an Ethereum-based money market fund in Singapore, aiming to attract institutional investors with enhanced transparency and security. Ethereum-Based Money Market Fund UBS Asset Management, a large-scale investment manager with a presence in 50 markets, has announced the launch of the “UBS USD Money Market Investment Fund Token” (“uMINT”), a money […]
DOJ Targets Russian CEO in Crypto Market Manipulation Crackdown
The DOJ has indicted Gotbit CEO Aleksei Andriunin for wire fraud and market manipulation, alleging he inflated cryptocurrency visibility through fake trading. On Thursday, the U.S. Department of Justice (DOJ) said that Aleksei Andriunin, the founder and CEO of the cryptocurrency financial services company Gotbit, has been charged with wire fraud, plot to commit market […]