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BlackRock in Negotiations with Jio Financial for private credit Partnership
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Table of Content BlackRock, the world’s largest asset manager, is in discussion with Jio Financial Services, a company under the Mukesh Ambani-led Reliance Group, to set up a private credit venture, according to a Bloomberg News reported on Wednesday, citing sources familiar with the matter. The two companies are discussing a potential 50-50 joint…
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Tesla Offloads $770M in Bitcoin: What Does It Mean for Investors?”
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Table of Content Tesla has has transfrred a sidnificant portion of its Bitcoin holdings into unknown, while Bitcoin (BTC) has surged $68,000, hitting an intraday high of $68,261. This rally is driven by rising investor confidence and positive market sentiment. Bitcoin ETFs have seen experienced their largest inflows in over four months,totalling $556 million,…
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Bitcoins Near to its all Time Highs
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Table of Content The price of bitcoin was recently approached near $67,000, rising some 7% over the past 24 hours according to CoinDesk data. This surge in Bitcoin’s price shares of companies like crypto exchange Coinbase, major bitcoin holder MicroStrategy (MSTR) and crypto mining company Marathon Digital (MARA). Coinbase stock, in particular, saw a…
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Trump’s WLFI crypto Projects highlights Strong initial demand
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Table Of Content Former U.S. President Donald Trump’s DeFi project, World Liberty Financial (WLFI), has officially launched its token sale. The publis sale, which starting today, the coin exclusively available for participants who are pre-qualified through whitelist process that initiated in september. In the first 20 minutes alone, the project sold over 220 million…
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Nvidia Hits record high, looks to challenge Apple for world’s most valuable company Title
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Table of Content Nvidia Corp.’s shares have surged, alleviating investor concerns over the company product delays and its long-term growth prospects. The stock has been climbed nearly 14% this month, including a 2.4% increase on Monday, marking its first record close since June, though still shy of an intraday high. This performance positions Nvidia as the…
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Kamala Harris’ Vision for AI and Crypto Sectors: Key Stocks Poised to Benefit if she win
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Table of Content Democratic nominee Kamala Harris has emerged herself as a strong advocate for cryptocurrency and artificial intelligence supporter, a strategic move aimed at attracting younger, pro-crypto voters. This contrasts sharply with President Biden’s approach, which marked by his signing of an executive last year that introduced 30 new federal regulation standards for…
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BlackRock CEO Reveals his Ambitious AI-Driven Crypto Plan to Skyrocket Bitcoin and Ethereum Prices
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“BlackRock CEO Reveals Bold AI-Powered Crypto Strategy to Boost Bitcoin and Ethereum Prices” Table of Contenet The price of Bitcoin has retreated from a 2024 peak of over $70,000, which was driven by strong interest in BlackRock’s spot bitcoin exchange-traded fund (ETF). Last week, Larry fink, the CEO of the $11 trillion asset management…
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Gate Ventures, Movement Labs, and Boon Ventures Unite to introduce $20M Crypto Innovation Fund
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New $20M Fund to enhance Move Protocols and Ethereum Interoperability” Venture capital firms Gate Ventures and Boon Ventures have teamed up with a Movement Labs to launch a new $20 million crypto innovation fund aimed at supporting to Web3 startups. Announced on Oct 13th, the fund is specifically focused on the development of Move-based…
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Hyundai Motor’s ₹32,000 Crore IPO: Disclose the Complete Investment Plan for Market launch
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Hyundai IPO plan: Hyundai Motor India Limited’s Initial Public Offering (IPO) is set to make its debut in the Indian primary market next week. Hyundai India IPO will open on As per the Hyundai Motor 15th October 2024 and remain bidding available for until 17th October 2024, giving public a three-day window from Tuesday…
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MicroStrategy Sets its Sights on Trillion-Dollar Valuation as Bitcoin Bank
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MicroStrategy,under the leadership of founder and executive chairman Michael Saylor, is strategically positioning itself to emerge as a dominant player in the Bitcoin banking Industry. Since 2020, MicroStrategy has pursued an aggressive Bitcoin acquisition, leveraging both debt and equity to expand its holdings. The company now owns 252,220 BTC, currently valued at over $15 billion,…