Blog and Learning Center

Tether Expands Beyond Stablecoins Tether, the pioneering force behind the world's largest stablecoin, USDT, has announced a significant restructuring to accommodate its expanding presence within the digital asset landscape. With a mission extending beyond stablecoins, the company has reorganised into four distinct divisions: Data, Finance, Power, and Education.

Shiba Inu (SHIB), has experienced a surge in transaction volume on its layer-2 blockchain, Shibarium. Recent data reveals an unprecedented increase, nearing the one million transaction mark within a 24-hour period. This remarkable spike, amounting to a 229% surge, underscores growing interest in Shiba Inu's ecosystem, particularly in its decentralised transaction capabilities.

For many financial professionals, navigating through an ever-evolving asset management industry can be a challenging task; especially given ever-evolving market conditions, and the constant demand for efficient and transparent services. This is where Turnkey Asset Management Platforms (TAMPs) can make a real difference, as they offer a powerful and streamlined solution that can help financial advisors manage and grow their client portfolios.

UNI Holder Crushed as Market Downturn and SEC Action Amplify Sell-Off The recent crypto market downturn hit UNI holders hard. The United States SEC's impending action against Uniswap Labs exacerbated the situation, triggering panic selling by major UNI holders. Three whales collectively dumped over $20 million worth of UNI, amplifying the price slide.

Cardano (ADA) experienced a slight downturn, slipping by 4% as the broader market also saw a slight decline. This decline led ADA to drop out of the top 10 crypto rankings, with its former position now occupied by Toncoin due to rumours of a Tether partnership.

Starting an investment company in 2024 is a great opportunity for those who believe they can capitalise on a rapidly changing financial landscape, including the rise of technology, and evolving investor preferences. But like with most startups, success begins with a solid business plan, and aspiring investing entrepreneurs will also need to have more than a solid grasp of effective investment strategies.

Spot ETH ETFs Under SEC Scrutiny The Securities and Exchange Commission (SEC) has initiated a comment period for three ether spot exchange traded fund (ETF) proposals, signalling a potential shift in regulatory stance towards Ethereum (ETH). The applications from Grayscale Investments, Fidelity, and Bitwise are now subject to a three-week comment period, as announced by the SEC.

Litecoin (LTC) has recently experienced a significant surge in value, positioning itself as one of the top-performing cryptocurrencies in the market. This surge, which saw LTC surpassing the $100 mark, comes amidst pivotal regulatory developments that have reshaped the landscape for Litecoin and the broader crypto market.

If you are a UK business that has made a nice profit for the financial year, the odds are you are having an internal discussion on what to best do with your surplus cash, and are exploring both traditional and modern approaches to cash management.