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Crypto Twitter: A dangerous source for financial advice?
4.11.2024
In its latest video, Cointelegraph explains the hidden dangers of seeking financial advice on X and highlights how influencer manipulation has cost investors millions in the crypto market
Survey Shows 34.6% of Young Investors in Brazil Hold Cryptocurrency in Their Portfolios
25.9.2024
A survey conducted by Rico, an investment platform in Brazil, revealed young investors’ preference for cryptocurrency as an investment tool. According to the results, 34.6% of all investors aged 24 to 35 held crypto in their portfolios, making it the fourth most popular investment behind savings...
Understanding the Difference Between Spot and Futures Crypto ETFs
26.8.2024
This year, the U.S. Securities and Exchange Commission approved 12 spot bitcoin exchange-traded funds (ETFs) and nine spot ether ETFs. Here’s a deep dive into the distinctions between spot and futures crypto asset exchange-traded products (ETPs), offering essential insights for investors...
Digital Asset Manager Coinshares Reports Strong Q2 2024 Earnings
6.8.2024
Coinshares, a leading European digital asset investment firm, reported strong financial performance in the second quarter of 2024, highlighted by a significant increase in revenue and adjusted EBITDA. The company also navigated market challenges, including the impairment of its Flowbank investment...
Ethereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO
17.7.2024
Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs) will significantly impact ether prices, potentially driving them above $5,000...
39% of Family Offices Investing or Exploring Cryptocurrencies: BNY Mellon
6.6.2024
The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies or considering them, highlighting a keen interest in this modern...
How 1,500 new Bitcoin millionaires per day deal with getting rich
31.5.2024
Around 1,500 Bitcoin wallets top the million-dollar mark each day. How does your lifestyle and mindset change when you become a newly minted crypto millionaire?
Major financial institutions embrace cryptocurrency investments amid market surge
26.4.2024
The cryptocurrency market is on fire, with prices of many cryptocurrencies like Bitcoin and Ethereum never higher than now. No global financial institutions worth their salt have failed to take note of this fact, so much so that they are considering investing into this market class themselves....
Brooklyn District Attorney Seizes 21 Web Domains Linked to ‘Pig Butchering’ Scams
5.4.2024
The Brooklyn District Attorney's office has seized 21 web domains associated with fraudulent cryptocurrency investments.
The post Brooklyn District Attorney Seizes 21 Web Domains Linked to ‘Pig Butchering’ Scams appeared first on Cryptonews
Pakistan Faces IMF Pressure to Tax Crypto and Real Estate
18.3.2024
The International Monetary Fund (IMF) has stipulated that Pakistan's Federal Board of Revenue (FBR) must levy a capital gains tax (CGT) on cryptocurrency investments
The post Pakistan Faces IMF Pressure to Tax Crypto and Real Estate appeared first on Cryptonews
BlackRock’s Global Allocation Fund to Invest in Spot Bitcoin ETFs
8.3.2024
BlackRock, the world's largest asset manager, announces spot Bitcoin ETF inclusion in its popular Global Allocation Fund. This move reflects BlackRock's expanding cryptocurrency investments, which include its own rapidly growing iShares Bitcoin Trust (IBIT).
The post BlackRock’s Global...
South Korea’s Ruling Party Seeks Cryptocurrency Tax Delay as Election Promise
19.2.2024
South Korea’s ruling People Power Party is advocating for a two-year postponement of the taxation on gains from cryptocurrency investments. The move is seen as a potential campaign promise for the upcoming general election scheduled for April. The party aims to prioritize establishing...
Bitcoin Price Prediction as $20 Billion Pushes BTC Above $48,000 – $100,000 Incoming?
12.2.2024
Bitcoin‘s market position is bullish as it hovers near $48,000, amidst widespread anticipation of potential growth to $100,000. Glassnode’s analysis marks the current Bitcoin market as “high risk,” emphasizing the volatile nature of cryptocurrency investments. Grayscale...
Want To Invest in Safe Tokens and Make Profits? Then Solana (SOL) and Retik Finance (RETIK) Are the Perfect Options
12.1.2024
In the dynamic world of cryptocurrency investments, finding tokens that provide a balance of safety and profitability is crucial for investors. Two tokens that have been gaining considerable attention for their potential returns and unique features are Solana (SOL) and Retik Finance (RETIK)....
SEC Chair Gary Gensler Issues Crypto Warnings as Anticipation of Spot Bitcoin ETF Approval Soars
23.12.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued warnings regarding cryptocurrency investments. “There is a lot of noncompliance in the crypto space,” he stressed, emphasizing that it “undermines confidence when so many people have been hurt and...
Skybridge Capital’s Crypto Investments Rise by 130%, Says Founder Anthony Scaramucci
12.12.2023
Image Source: CNBC Investment firm Skybridge Capital has reported an increase of 130% in its cryptocurrency investments courtesy of the recent surge in prices. Anthony Scaramucci, the company’s founder, shared the impressive returns in a recent interview with Bloomberg, while acknowledging...
Australian Regulator Says Cryptos ‘Created Out of Nothing,’ Issues Fresh Warning, Report
24.11.2023
Source: Pixabay / Patty Jansen The Australian Securities and Investments Commission (ASIC) is reportedly ramping up its surveillance towards the crypto market introducing fresh warnings. The regulator on Friday issued warning on cryptocurrency investments criticizing the digital tokens as “created...
Germany’s Third-Largest Bank Unveils Blockchain-Based Digital Custody Platform for Institutional Investors
6.11.2023
DZ Bank, one of Germany’s leading financial institutions with assets totaling 300 billion euros, has launched its own blockchain-powered custody platform. According to an announcement by the bank, the platform is specifically designed to cater to institutional clients, enabling them to engage...
Crypto Whales Are Accumulating This Underrated Gem – What Does it Do?
2.11.2023
Cryptocurrency investments have a history of raking in substantial returns, making them one of the sought-after investment avenues globally. Such is the allure of potential high returns that it often draws interest from various stakeholders, including seasoned crypto whales. Determining which...
Berkshire Vice Chair Charlie Munger Warns Most Crypto Investments Will Go to Zero
9.10.2023
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has expressed his belief that the majority of cryptocurrency investments will become worthless. Regarding bitcoin, the executive opined: “That was the stupidest investment I ever saw.”...