Cathie Wood: Tesla (TSLA) Targets 85% Margins in Robotaxi, AI
Cathie Wood recently dubbed Tesla the world’s largest AI project and forecasted a bright future for its robotaxi program. Cathie Wood, the founder and CEO of ARK Invest, voiced optimism about Elon Musk’s Tesla’s future prospects. Moreover, she emphasized the capabilities of the robotaxi network. Wood had previously emphasized Tesla’s increased investment in what she […]
Whales Transfer 53 Million XRP Amid Upcoming SEC Deadline
Whale transactions of over 53 million XRP have raised concerns about the price of XRP, especially ahead of the SEC’s Ripple litigation deadline. Amid an ongoing day of volatility for the leading cryptocurrencies, the price of XRP has decreased by 4% in tandem with a market-wide selloff. However, the two substantial transfers of XRP by the […]
Crypto Firm and Harvest To Launch Hong Kong ETFs in Singapore
MetaComp Pte Ltd has partnered with Harvest Global Investments Limited to make cryptocurrency spot ETFs available to investors in Singapore and globally, employing innovative fintech solutions. Harvest Global Investments Limited (HGI), a well-established asset management firm based in Hong Kong, and MetaComp Pte Ltd, an innovative fintech company based in Singapore, have formed a strategic alliance. This […]
Hong Kong Bitcoin ETF Success Hinges on Asian Crypto Users
Hong Kong Bitcoin ETFs would face competition from other jurisdictions such as Japan and South Korea. Bitcoin’s price lacks a catalyst ahead of launch. As planned, the eagerly anticipated spot Bitcoin ETFs will now be available on the Hong Kong market tomorrow, April 30. Leading asset managers in China, HashKey Capital, and Bosera, are presently […]
South Korea Launches Crypto Crime Crackdown Unit
South Korea plans to upgrade its temporary crypto investigative unit to an official department to combat the rise in digital asset crimes. South Korea is taking proactive steps to combat the rise in crypto-related crimes and fraud by proposing elevating its Joint Virtual Asset Crime Investigation Unit to an official department. The Ministry of Justice […]