Solana (SOL) Continues To Soar
The Solana network’s native cryptocurrency, SOL, has been on an upward surge in the past three days, climbing from around $180 to over $210. Having failed to break its previous …
M&A
Alibaba’s former CEO Daniel Zhang Yong joins Beijing-based investment fund Firstred Capital
Daniel Zhang Yong, who stepped down as chairman and CEO of Alibaba Group Holding last year, has joined Chinese investment fund Firstred Capital. The internet industry veteran, who spent 16 …
Ethereum Drops Below The 100-Day Moving Average
The crypto market is experiencing a pullback after Bitcoin, the leading cryptocurrency, reached a new all-time high. However, Ethereum (ETH) is not left out in this downward move. After setting …
EY: no ‘significant bounce-back’ in M&A activity even though private equity is still ‘very positive’ about China; Japan, India to lead regional rebound
Mergers and acquisitions (M&A) activity in the Asia-Pacific region is expected to bounce back by around 10 per cent in the second half of this year after a lacklustre 2023, …
Analyst Forecast Bullish Movement Ahead
XRP witnessed an uptick this week moving closer to its 2024 high, but several trends have been cited by crypto analysts that could drive the token even higher in the coming …
Analyst Foresees Massive Move If This Happens
XRP may not have had the best start to 2024, but several cryptocurrency analysts and enthusiasts are still bullish about the crypto asset, predicting a possible price surge to new …
OpenSea CEO teases acquisitions amidst NFT market shakeup
OpenSea chief executive officer Devin Finzer has disclosed that the New York-based marketplace for non-fungible tokens (NFTs) is open to M&A opportunities. In an interview with DLNews, Finzer revealed that …
Why Adrian Envisions 1017 Alyx 9SM Boutiques in 10 ‘Key Cities’
Adrian Cheng, the new majority owner of 1017 Alyx 9SM, has already identified “10 key cities” in the world where he could eventually plant freestanding boutiques for the brand created …
Nokia set to exit telecommunications joint venture with Huawei amid US-China tensions
Finnish telecoms equipment giant Nokia has found new buyers for its majority stake in a Beijing-based joint venture with Huawei Technologies, after a proposed deal fell through last year following …
Private-equity investors to return to China in search of M&A deals in 2024, Bain & Co says
Bain’s statement is significant because, despite a drop in deal volumes, mainland China still accounted for 41 per cent of deals in the Asia-Pacific region in the first half of …