TL;DR Shiba Inu (SHIB) rose by 16% daily, reaching a market cap of $16.9 billion, making it the 11th largest cryptocurrency. The surge coincides with an overall meme coin revival, with many other assets witnessing substantial price increases. SHIB Steps up The meme coin sector has made waves in the past several hours, with its…
Royal Mail’s parent company International Distributions Services said on Wednesday it had agreed to a 3.57 billion pound formal takeover offer by Czech billionaire Daniel Kretinsky. https://www.cnbc.com/2024/05/29/royal-mail-owner-agrees-to-3point6-billion-takeover-by-czech-billionaire-kretinsky.html
On May 28th, BlackRock finally surpassed Grayscale to become the largest spot Bitcoin ETF with 288,671 BTC in its holdings. It took BlackRock’s IBIT just 96 trading days to close the substantial gap with Grayscale’s GBTC. IBIT has now reached an impressive asset under management (AUM) of nearly $19.79 billion. Meanwhile, GBTC saw its AUM…
Ozan Ozkural, Tanto Capital Partners, Founder & Managing Partner, discusses geopolitical concerns with multiple challenges stemming from the Middle East region and affecting the global world order. He speaks with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/yO1wJKT
The ANC, which saw out apartheid in South Africa 30 years ago, risked losing its absolute majority for the first time in national elections. https://www.wsj.com/world/africa/party-of-nelson-mandela-projected-to-lose-absolute-majority-in-south-africa-cd11d059
Merck is close to a $1.3 billion deal to buy Eyebiotech, whose lead drug, Restoret, is in development to treat eye conditions including a form of age-related macular degeneration. https://www.wsj.com/health/pharma/merck-nears-1-3-billion-deal-for-eye-drug-company-eyebio-5b9ce7cb
The city’s most prominent opposition figures will soon have their fate decided after more than two years in jail. https://ift.tt/OuVi0Bf May 29, 2024 at 08:42AM
A year after Chief Executive Officer Oliver Blume defended his turnaround plan for Volkswagen AG, investors find themselves back at square one. from Bloomberg Markets https://ift.tt/PAiUrkh
Bouygues Telecom said a dispute between SFR and La Poste could have an impact on the timetable for completion of the La Poste Telecom deal. https://www.wsj.com/articles/bouygues-telecom-says-la-poste-telecom-deal-could-be-delayed-by-dispute-5e5025a6
PRESS RELEASE. Singapore, May 29, 2024 – To sustain the growth and success of the BitTorrent ecosystem, BTFS is set to implement a halving on the next round of rewards for storage miners on the BTFS network. From 00:00 (UTC) June 25, 2024, the daily rewards for storage miners on the BTFS network will be…