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Florida's Crypto Plan, NFL's Blockchain Move, Grayscale's Ex-Ethereum Fund + More News
22.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Florida's Crypto Plan, NFL's Blockchain Move, Grayscale's Ex-Ethereum Fund + More News
Grayscale Investments Launches Smart Contract-Focused Diversified Fund
22.3.2022
The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that is compiled of ethereum competitors. The fund called “GSCPxE” holds seven different smart contract coins and it’s...
Polychain Leads $22M Investment in NFT Appraisal Protocol Upshot
22.3.2022
The project wants to bridge the worlds of DeFi and NFT
ETH price hits $3K as major crypto fund adds over $110M Ethereum to Lido's staking pool
22.3.2022
Later, the hedge fund manager reportedly purchased more than $22.50 million worth of ETH tokens from FTX and Deribit
Panama Eyes Bitcoin & Crypto to Spark Tech Investment
22.3.2022
Bitcoin (BTC) and crypto adoption on a state level may soon extend beyond El Salvador, with politicians elsewhere in the Americas – and even one European royal – mulling moves that could see the cryptocurrency brought into their financial systems in some form or other....
Read More: Panama Eyes...
Mobile banking app Dave scores $100M investment from FTX US
22.3.2022
Dave is the latest in a series of fintech payments apps to offer crypto services, following PayPal, Venmo, and Cash App
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
21.3.2022
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since...
Goldman Sachs Executes Bank’s First OTC Crypto Transaction Trading a Bitcoin Non-Deliverable Option
21.3.2022
On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it has conducted an over-the-counter (OTC) crypto transaction with the digital currency firm Galaxy Digital. Following the OTC settlement, the head of digital assets for Goldman Sachs’ Asia...
Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News
21.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News
Terra price signal that preceded an 80% LUNA rally is back
21.3.2022
LUNA price still risks correcting, however, with a weakening RSI and decreasing trading volume
Indian crypto tax policy to treat each digital asset investment independently
21.3.2022
The government intends to treat each crypto trading pair transaction separately, deterring traders as the gov't would only tax their profits without accounting for the losses
Your Next Crypto Investment – Ethereum, Binance Coin, and FIREPIN
21.3.2022
In tumultuous times, some investors may be wary of investing in cryptocurrency. In fact, they may be keen to take their money out if they feel they are in a position to do so. However, with inflation and the cost of living rising to alarming levels, the money that we have in banks is effectively...
Revisiting Bitcoin’s Energy ‘Problem’ in the Face of ESG Investment Mandates
20.3.2022
Critics of Bitcoin’s energy use should consider its relative carbon density rather than the absolute amount of energy used
Metametaverse Secures $2 Million — Aims to Achieve Metaverse Interoperability
20.3.2022
Metametaverse, a company whose purpose is the integration and interoperation of different metaverses, has already secured funding of $2 million for this idea. Joel Dietz, the founding father of this initiative and also from the uber-popular wallet Metamask, has stated this task might be achieved...
Old but gold: Can digital assets become part of Americans’ retirement plans?
19.3.2022
Unsurprisingly, the role of crypto in retirement investment will depend on the asset class’ mainstream adoption
Luno Launches Venture Fund to Invest in Over 200 Crypto and Fintech Startups per Year
19.3.2022
Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over...
Japanese Fintech Firm Kyash Raises $41 Million, Jack Dorsey’s Block Participates in Funding
18.3.2022
A Tokyo-based financial technology company called Kyash has raised $41.2 million in a Series D funding round which saw participation from the Block (formerly known as Square). The investment into the Japanese mobile financial app firm is the Block’s first investment in the Asia Pacific...
Another Crypto Exchange Eyes Nasdaq, Polkadot's Parallel Finance + More News
18.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Another Crypto Exchange Eyes Nasdaq, Polkadot's Parallel Finance + More News
Young Russians View Crypto as Safe Investment Amid Economic Uncertainty, Poll Finds
18.3.2022
As western sanctions increase the pressure on their country’s economy, many young Russians consider cryptocurrency to be a “reliable and profitable” investment option. According to a recent study, the share of Russian citizens who know about bitcoin has reached two thirds...
EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers
18.3.2022
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed. EU Supervisory Authorities Warn About the Danger of Investing in Crypto Assets Three...