On December 16, net assets in U.S. Bitcoin exchange-traded funds (ETFs) surpassed those in gold funds for the first time, reaching over $129 billion compared to gold's nearly $128 billion, according to K33 Research. This shift highlights a growing institutional interest in Bitcoin, particularly following the launch of spot BTC ETFs in January. BlackRock's iShares Bitcoin Trust leads the market with nearly $60 billion in assets, reflecting a significant trend as investors seek alternatives amid rising geopolitical tensions and economic uncertainties.
Lightchain AI, a new token priced at $0.003, aims to outperform established projects like Solana and Polkadot with its innovative Proof of Intelligence consensus mechanism and Artificial Intelligence Virtual Machine. Positioned for significant growth, it targets a share of the booming AI market, with experts predicting potential returns of 5,000x as it approaches its 2025 testnet and mainnet launches.
Nike (NKE) is preparing to report its Q2 results on Thursday, with investors keenly anticipating guidance and management commentary. UBS has outlined the top 10 questions for the new CEO, Elliott Hill, as the company navigates its upcoming financial disclosures.
Nike (NKE) is preparing to report its Q2 results on Thursday, with investors keenly anticipating guidance and management commentary from new CEO Elliott Hill. UBS has outlined the top 10 questions that stakeholders are eager to have addressed during this upcoming announcement.
Shiba Inu is projected to achieve a 150% price increase, while the Solana-based token Catzilla is generating buzz with expectations of a 1000x return by 2025. Catzilla distinguishes itself as a mission-driven meme coin, offering governance, staking rewards, and a transparent presale model aimed at fostering community empowerment and financial opportunities. As Shiba Inu shows steady growth, Catzilla is positioned as a potential game-changer in the cryptocurrency landscape.
UBS has maintained a 'Buy' rating for Vinci, setting a target price of 132 euros following strong November traffic figures. Analyst Gregor Kuglitsch noted solid growth in airport traffic, while calendar effects positively influenced highway sector performance.
The U.S. Treasury has sanctioned two individuals, Lu Huaying and Zhang Jian, for their involvement in a North Korean crypto money laundering network that funds the regime's weapons programs. The sanctions freeze their assets and prohibit American businesses from engaging with them. Additionally, the FBI warns that North Korean cybercriminals are increasingly targeting cryptocurrency firms, employing sophisticated social engineering tactics to steal digital assets.
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The US Treasury, in collaboration with the UAE, has sanctioned two Chinese nationals and a UAE-based company for their roles in facilitating North Korean digital asset laundering. Lu Huaying and Zhang Jian allegedly converted cryptocurrency to fiat for goods destined for North Korea, while Green Alpine Trading is accused of being a front for money laundering operations linked to North Korean financial activities. North Korean groups reportedly stole between $600 million and $3 billion in cryptocurrency from 2017 to 2023 through various illicit methods.
Ethereum is set for a significant resurgence in 2025, driven by its dominance in tokenizing real-world assets, which represents a $100 trillion market. Recent net inflows of $2 billion into spot Ethereum ETFs signal renewed investor confidence, contrasting with its 66% year-to-date return compared to Bitcoin's 130%. With major institutions like BlackRock and UBS leading the charge in tokenization, Ethereum's unmatched security and infrastructure position it as the preferred platform for asset managers, potentially generating over $100 billion in annual fees from tokenized assets.
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