Salim Hassad

#News Alert Paris-based financial group Oddo is working on a stablecoin - https://lnkd.in/dZWjS-ka financial group Oddo is working on a stablecoinAccording to reports, Oddo BHF SCA is developing a euro-denominated stablecoin. The financial group, headquartered in Paris, anticipates that the token will be released next year, although it is subject to regulatory approval. The initiative will bring the company into an increasingly crowded market. Stablecoins’ low volatility has made them a popular choice among crypto […] According to reports, Oddo BHF SCA is developing a euro-denominated stablecoin. The financial group, headquartered in Paris, anticipates that the token will be released next year, although it is subject to regulatory approval. The initiative will bring the company into an increasingly crowded market. Stablecoins’ low volatility has made them a popular choice among crypto traders who want to transmit funds between platforms or enter and exit positions. They have also become more beneficial for firms that wish to effectuate faster and more cost-effective digital payments and for investors who wish to trade and settle traditional assets like bonds using blockchain technology. The Oddo BHF SCA stablecoin – Details Reports reveal that Oddo BHF has been collaborating with the crypto technology company Fireblocks to create the instrument. The European Union has adopted the new crypto regulations. The stablecoin is anticipated to be structured under the EU regulations, which will present an opportunity for Oddo to thrive. This project comes as an addition to Societe Generale SA’s crypto assets unit in France, Oddo’s native market. The market has already issued a euro-denominated stablecoin known as EUR convertible. The restructuring was also completed by the EU’s new regulations. Oddo is considered to have the ability to handle the stablecoin as it had approximately 3,000 employees and over €140 billion ($147 billion) in client assets under management at the end of 2023. Last year, it generated net banking income of €806 million (1.02 billion) and is majority-owned by the Oddo family. According to reports, Oddo operates in three primary sectors: Private banking, asset management, and corporate and investment banking. The rise of the stablecoin market Stablecoins are now part of the crypto assets program’s markets, which is anticipated to encourage an increase in activity from banks and other financial institutions. They are intended to maintain a consistent value in relation to an asset such as the dollar or euro and are rapidly becoming more commonplace. Source: DeFiLlama – Through Bloomberg Stripe Inc. announced its intention to acquire Bridge, a startup, in October. Stripe, under the leadership of Chief Executive Officer Patrick Collison, will acquire Bridge for $1.1 billion. In addition, Deutsche Bank AG’s DWS Group, Dutch market creat

GBTC competitors surpass Grayscale fund in AUM ➡️ Read All : https://lnkd.in/e_TZvZdx US spot bitcoin ETFs nearly equaled the weekly net inflow record the products set last month as BTC’s price reached new highs. As the Grayscale... [...] #BitcoinETFs #CryptoInvestment #BTCRecordHigh #CryptoMarket #DigitalAssets #Crypto #Bitcoin #NBTC

Buy & Sell Signals (FLOT) Technical Data: Stock Traders Daily has produced this trading report using a proprietary method.  This methodology [...] Look at the Charts

Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says ➡️ Read All : https://lnkd.in/excKA4Ne The broker said that ETFs are driving additional demand for the underlying crypto itself. Sovereign wealth funds are already likely invested in bitcoin, Canaccord said.... [...] #CryptoETFs #DigitalAssets #InvestmentTrends #SovereignWealthFunds #MicroStrategy #Crypto #Bitcoin #NBTC

BlackRock Remains Only Ethereum Buyer Among ETFs ➡️ Read All : https://lnkd.in/e4uyHsBh In an interesting turn of events, it seems that BlackRock has become the only major ETF to have purchased Ethereum (ETH) recently, according to Arkham... [...] #BlackRockInvestsETH #EthereumETFs #CryptoMarketTrends #EthereumValueDrop #GrayscaleUnlocking #Crypto #Ethereum #NBTC

Buy & Sell Signals (ZROZ) Long Term Investment Analysis: Stock Traders Daily has produced this trading report using a proprietary method.  This methodology [...] Look at the Charts

Buy & Sell Signals How to Take Advantage of moves in (IMCG): Stock Traders Daily has produced this trading report using a proprietary method.  This methodology [...] Look at the Charts

Head of Macro Research Julien Bittel ➡️ Read All : https://lnkd.in/eYQj4_TH For investors and analysts, Head of Macro Research Julien Bittel's prediction that Ethereum could reach $20,000 is an intriguing one. The basis of Bittel's analysis... [...] #CryptoPredictions #BullishTrends #MarketAnalysis #InvestmentForecast #CryptocurrencyMarket #Crypto #Ethereum #NBTC

“Bitcoin Is Experiencing An Unprecedented Situation” ➡️ Read All : https://lnkd.in/eG4mCENz In a surprising development, the Bitcoin (BTC) spot ETF gained over 1,000 institutional shareholders in just two 13F reporting periods, according to Bloomberg senior ETF... [...] #InstitutionalInvestors #BitcoinETF #FinancialMarkets #InvestmentTrends #AssetManagement #Crypto #Bitcoin #NBTC

Paris-based financial group Oddo is working on a stablecoin ➡️ Read All : https://lnkd.in/eMyjZYAW According to reports, Oddo BHF SCA is developing a euro-denominated stablecoin. The financial group, headquartered in Paris, anticipates that the token will be released next... [...] #OddoBHF #EuroStablecoin #CryptoMarket #DigitalPayments #BlockchainTechnology #Crypto #Altcoins #Regulation #NBTC

Buy & Sell Signals (FR) Trading Signals: Stock Traders Daily has produced this trading report using a proprietary method.  This methodology [...] Look at the Charts

57% Professional Investors Ready to Increase Stakes ➡️ Read All : https://lnkd.in/eWjEzS6b Institutional investors are demonstrating increased confidence in digital assets, with 57% planning to boost their cryptocurrency allocations despite ongoing market volatility, according to Sygnum's Future... [...] #InstitutionalInvestment #DigitalAssets #CryptoETFs #CryptoTrends #CryptoSecurity #Crypto #Regulation #NBTC

Larry Fink’s private index dream may be holy grail : Private markets' rising assets under management : rapid growth of private credit, meanwhile, is another helpful trend. That’s because leveraged loans are already widely traded, making them more liquid and therefore amenable to passive investing. Apollo Global Management is dipping its toe, by launching, opens new tab an ETF with State Street that will invest in public and private debt

Investors Brace for US CPI Data Amid Inflation and Job Report Concerns ➡️ Read All : https://lnkd.in/etfuBShK The upcoming data is essential in understanding the inflationary pressure in the economy. On October 10, traders will be eagerly watching the publication of the... [...] #InflationData #USCPI #FedPolicy #BitcoinPrice #MarketSentiment #Crypto #Regulation #NBTC