Catenaa, Monday, February 24, 2025– Berkshire Hathaway fourth-quarter operating profits have skyrocketed by 71%, a report released on Saturday said, mainly driven by performance in insurance while Buffet struggles to find the next best investment. The Warren Buffett-led conglomerate said its operating profit, was up by 71% to $ 14.5 billion during the final three months of […]
NEW YORK, Wednesday, September 18, 2024- A consortium of tech giants and financial firms, led by BlackRock and Microsoft, has announced the formation of a $30 billion investment fund dedicated to artificial intelligence (AI) infrastructure, reports said. The Global AI Infrastructure Investment Partnership (GAIIP) will focus on building data centers and supporting power infrastructure, essential […]
DUBAI, United Arab Emirates – Tuesday, June 11, 2024 – Dubai’s Roads and Transport Authority (RTA) has partnered with SmartCrowd Holding Ltd., the parent company of SmartCrowd Ltd., to launch a groundbreaking blockchain-powered investment platform. This innovative initiative aims to attract investments through non-fungible tokens (NFTs) for real estate and public facilities planned by the […]
Catenaa, Friday, February 14, 2025 – Florida Republican Sen. Joe Gruters has introduced a bill proposing that the state allocate a portion of its funds to Bitcoin as a hedge against inflation, joining a growing number of states considering digital asset reserves. The bill, introduced to the Florida Senate on February 7, would authorize Chief […]
KUALA LUMPUR, Malaysia, Tuesday, June 11, 2024 – Google announced a $2 billion investment plan on Thursday to establish its first data center and Google Cloud region in Malaysia. This move signifies Google’s commitment to Southeast Asia’s burgeoning tech market and aligns with Malaysia’s ambitions to become a regional digital hub. The investment comes amidst […]
Catenaa, Wednesday, January 15, 2025 – The Nasdaq Composite Index dropped below its 50-day moving average this week, a widely watched technical indicator signaling weakened momentum and the potential for further declines. The dip comes as investors grapple with a slew of economic and geopolitical challenges. Rising interest rates, driven by the Federal Reserve’s aggressive […]
Low Interest Rates: An Overview Low interest rates, typically established by central banks as part of their monetary policy, are intended to spur economic growth by reducing the cost of borrowing and promoting increased spending and investment. Such an environment can significantly impact market liquidity, affecting asset prices, consumer behavior, and business investments. Global Wealth […]
Catenaa, Thursday, January 30, 2025 – A report from multinational bank Standard Chartered predicts that Bitcoin’s price could reach $200,000 by the end of 2025, driven by increased institutional investments, particularly from pension funds. The Wednesday note highlights that institutional inflows into Bitcoin have surged, bolstered by the approval of Bitcoin spot exchange-traded funds (ETFs) […]
London, Wednesday, November 06, 2024 – Zodia Custody, the crypto custody firm supported by Standard Chartered, is in advanced talks to raise $50 million as part of its plan to expand geographically and enhance its digital asset storage services. According to Bloomberg, CEO Julian Sawyer stated that Zodia is seeking investment to strengthen its custody […]
Catenaa, Thursday, February 13, 2025 – The Thailand Securities and Exchange Commission (SEC) is set to implement a Distributed Ledger Technology (DLT)-based system for debt instrument trading, aimed at enhancing digital token trading. The SEC has already approved four digital token projects and is reviewing two more, with a focus on green tokens and investment-driven […]