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LedgerPrime, previously a hedge fund within the collapsed crypto exchange FTX, has made a comeback under the new banner of MNNC Group, now officially registered in the Cayman Islands. Shiliang Tan, a principal partner, announced that not only has the group reclaimed most of its investor base, but it has also attracted a hefty investment sum in the process. Jim Cramer: Financier and His Controversial Investment Strategies
Jim Cramer is a TV host and a former hedge fund manager known for his controversial financial comments. He is one of the most famous personalities in the world of finance and entertainment. In this article, we explore some of Jim Cramer’s much-discussed comments, his views on Bitcoin, and his career background. 
American company Recogni, renowned for developing technologies for autonomous vehicles, has raised $102 million in funding to venture into the creation of chips for generative AI. The investment round featured contributions from entities such as Celesta Capital, HSBC Holdings, and business figures from Saudi Arabia — Tasaru Mobility Investments. 
DZ Bank, the second-largest financial group in Germany, plans to unveil a retail cryptocurrency trading project by the end of 2024. This ambitious venture will see participation from dozens of corporate banks and will initially cater to private users who do not seek investment or trading consultations. 
Jian Wen, a British citizen of Chinese descent, faces charges from the UK Prosecution Service for her role in laundering over $6,1 billion, funds embezzled by the criminal Yadi Zhang. Zhang has deceived over 128,000 Chinese investors since 2014, promising investment returns before disappearing and converting the proceeds to Bitcoin. 
Coinbase CEO Brian Armstrong has acknowledged the need for increased investment in the platform's infrastructure, as some users have encountered issues during significant market fluctuations. For example, at the end of February, they experienced difficulties executing trades as the price of Bitcoin surged drastically. 
American spot Bitcoin ETFs are set to become accessible to Indian users through the Mudrex cryptocurrency investment platform, backed by the venture capital fund Y Combinator. Initially, only the four most popular ETFs from BlackRock, Fidelity, Franklin Templeton, and Vanguard will be offered for sale. 
Valkyrie Chief Investment Officer Steven McClurg believes that a spot Ethereum ETF is unlikely to come soon, though it could be approved by 2026. He advises against drawing parallels with the Bitcoin ETF, highlighting significant differences between the two cryptocurrencies. 
HANetf, Europe’s independent ETF provider, predicts the closure of several American Bitcoin ETFs due to profitability challenges. This situation could arise from excessively low fees set by major players, which small or developing investment firms cannot match. 
When to Expect Ethereum ETFs?
After the much-anticipated approval of Bitcoin ETFs, several key players in the cryptocurrency market, including the investment powerhouse BlackRock, have submitted Ethereum ETF applications with the SEC. Let's evaluate the likelihood of these funds getting the green light. 
Thailand's Securities and Exchange Commission (SEC) has revised its crypto industry regulations, creating a more business-friendly and user-oriented environment. One significant adjustment is the removal of the previous limit on investment volumes in tokens backed by tangible assets. 