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Cryptocurrency Is Losing Popularity as Investment Vehicle in US, According to Bankrate Survey
4.10.2022
The popularity of cryptocurrency as an investment vehicle is dwindling in the U.S., according to a survey made by Bankrate. The survey found that trust in crypto has diminished across several groups, with millennials losing 20% of their trust in the assets — more confidence lost than in...
CoinShares' Butterfill suggests 'continued hesitancy' among investors
4.10.2022
Matrixport's head of strategy said he believes the market is currently in a "wait-and-see environment" but could shift after the U.S. mid-term elections in November
Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN
2.10.2022
Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital follows the startup’s seed round in 2019 when Juno raised $3 million from investors. Juno...
Report: Uniswap Seeks to Raise $200 Million in Fresh Capital at $1 Billion Valuation
1.10.2022
The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is currently in a nascent stage as the report claims Uniswap has been...
Market Wrap: Bitcoin Holds Strong Above $19.5K as Investors Chew Over Latest Price Data
30.9.2022
The largest cryptocurrency by market capitalization rose over $20,000 at one point in choppy trading; ether ticks upward. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
‘I've done nothing wrong’ — Lark Davis denies ‘pump-and-dump’ allegations
30.9.2022
Davis claimed he received nothing for free from the projects it's alleged he profited from, and the amounts he sold weren’t enough to “dump the price.”
Citadel CEO Ken Griffin Says Inflation May Have Peaked — Warns a Recession Is Coming
30.9.2022
Citadel CEO Ken Griffin says inflation may have peaked but a recession is coming. “We’re in a very uncertain time for investors,” the executive cautioned, adding that the Federal Reserve “is grappling with a level of inflation we haven’t seen in a long...
First Mover Americas: Bitcoin Pushes for $20K Again as Investors Return to Risky Assets
29.9.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 29, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Brits are Turning to Bitcoin as the Pound Plummets Against the US Dollar
29.9.2022
Bitcoin (BTC) has been winning the attention of British investors amid a plunge in the price of the British pound (GBP) against the dollar.
Data first pointed out by James Butterfill, head of research at Europe's largest digital asset investment firm CoinShares, indicates that Bitcoin trading...
CTFC commissioner proposes office focused on retail crypto investors
29.9.2022
The commissioner said the potential of blockchain and cryptocurrency to change existing markets necessitates a new retail investor protection office similar to that of the SEC
Is Bitcoin an Inflation Hedge? Investors Are Still Unsure
28.9.2022
BTC regained above the $19,000 level Wednesday after the Bank of England’s announcement earlier in the day to buy bonds
MetaMask adopts custodial features for NFT-hungry institutional investors
28.9.2022
The MetaMask Institutional wallet added Cobo NFT management to its growing list of custodial services for institutional investors
Chinese Investors Could Snap Up Cryptocurrencies as Yuan Slides, Hedge Fund Says
28.9.2022
Yuan fell to a 14-year low against the U.S. dollar early Wednesday
Luna Investors Failed to Appreciate the Risks, Novogratz Says
28.9.2022
“When a token goes from 20 cents to $100 and you don’t take profit, that’s lunacy,” the CEO of Galaxy Digital said
California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes
28.9.2022
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s...
Market Wrap: Bitcoin Takes Investors on a Wild Ride
27.9.2022
Prices shoot higher intraday on high volume, only to reverse course later in the day. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Tamadoge Lists on OKX – Early Investors Book 250% Gains With More to Come
27.9.2022
Tamadoge, the play-to-earn meme coin, began trading on top-tier exchange OKX today and early investors are already sitting on a profit of 129%.
Some who bought in the beta sale at $0.01 took profits when the price level was around the $0.035 mark, registering a gain of 250%.
Residents of the U.S....
South Korea Crypto Market Shrinks by 60% in Past Six Months – Are Investors Preparing a Move?
27.9.2022
The size of the South Korean crypto market has shrunk by a whopping 60% in the last six months as retail investors in the crypto-keen nation slash their crypto spending. But there is a suggestion that some traders in the nation are still dipping their toes in the market’s choppy waters, while...
Digital Neobank Nubank Reaches 70 Million Customers in Latam; Almost 2 Million Have Purchased Crypto
27.9.2022
Nubank, a Brazil-based digital bank, has announced a new milestone in its operations. The company announced that it has reached 70 million customers in Latam, making it one of the biggest financial institutions of its kind in Brazil. The company also announced that almost 2 million of its customers...
Ethereum Price Prediction: Investors Waiting for ETH to Cross $1400
27.9.2022
Many investors speculated Ethereum would hit $2000 after the upgrade, but the recent ETH price movement suggests it will continue the downward momentum for the next few months. The latest CPI report and FED interest rate hike influence the price of cryptocurrencies. Indeed, the Merge upgrade makes...