CNBC indicated that the tech giant will partner with BlackRock, Inc. (BLK), which backs New Green Power, to establish a one-gigawatt pipeline of new solar capacity in Taiwan. Based on media reports, Google will invest capital for a stake in the venture and “to facilitate the buildout of its large-scale solar pipeline”. Google did not…
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This proposed exchange will offer a platform for the listing and trading of US equities and exchange-traded assets. TXSE’s founder and CEO, James Lee, indicated the Dallas-based group raised $120m through more than 24 investors, which included Blackrock, Citadel, and other noted business individuals. In a LinkedIn statement, he wrote: Texas’s booming economy and the…
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Dave Howson, Cboe Global Markets' Executive Vice President and Global President, highlighted the importance of this initiative, stating, "The introduction of iShares ETFs to Cboe Australia marks a pivotal achievement in realising Cboe's vision for global listings. Cboe stands out as the only exchange network offering asset managers a streamlined avenue for listing their products…
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This move by the market-leading asset manager not only infused more confidence in crypto markets but also triggered discussions at the SEC level with the aim to diluting regulatory opposition to virtual currencies. As with the Bitcoin price in June when BlackRock applied for that spot ETF, the Ethereum (ETH-USD) price spiked to its highest…
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The sudden increase came in response to an incorrect report, which rumoured that BlackRock Inc. got the go-ahead to launch a spot cryptocurrency ETF. This catapulted Bitcoin to a value of $30,002 on Monday, the highest it has been since August. Things simmered down after BlackRock said the relevant application is still under review with…
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According to a survey conducted by BUX across five markets in Europe, “lack of knowledge’ is the most common reason among respondents for not to invest with 42% and 40% said that ‘don’t know where to start’. On the other hand, 39% of those who took the survey said that saving for the long term…
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To begin with, only trading access to bitcoin will be provided, although Coinbase said they will continue to progress the platform integration and roll out functionality in phases to interested clients. Joseph Chalom, Global Head of Strategic Ecosystem Partnerships at BlackRock, said: "Our institutional clients are increasingly interested in gaining exposure to digital asset markets…
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If there is one thing that crypto enthusiasts can agree upon, it is that valuations will soar in Crypto-Land when institutional investors begin shifting capital into the space in a significant way. To date, institutional participation in digital assets can best be described as modest, but a new research paper has revealed that endowment funds…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 17, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: eToro Announces Crypto Exchange, Stablecoins: eToro CEO Yoni Assia announced the launch of eToroX, a crypto exchange…
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STOXX Ltd., the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, has licensed the iSTOXX® FactSet Automation & Robotics Index to BlackRock. The asset manager is launching an ETF today, which is listed in Tokyo. The index is comprised of companies from selected countries exposed to…
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