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South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector Law
8.7.2021
A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against the now-defunct crypto investment company. Contravention of Financial Sector Law According to a July...
Goldman Sachs Sees More Potential in Ether Than Bitcoin
8.7.2021
Global investment bank Goldman Sachs says ether is the cryptocurrency with the highest real use potential and it could overtake bitcoin as the dominant digital store of value. Ether Could Overtake Bitcoin as Dominant Store of Value, Says Goldman Sachs Goldman Sachs shared its view on the future...
Allied Payment Network Embeds Bitcoin Service, Will Hold BTC in Corporate Treasury
7.7.2021
Payment service provider Allied Payment Network has partnered with New York Digital Investment Group, the bitcoin subsidiary of $10 billion asset manager Stone Ridge. Financial institutions using Allied’s platform will be able to offer their customers the option to buy, sell, and hold...
'Investors stay clear': UBS warns regulators could pop 'bubble-like crypto markets’
6.7.2021
UBS has joined the phalanx of banks expressing concern over their customers investing in digital assets
US SEC Commissioner Says Bitcoin ETF Approval Long Overdue
5.7.2021
SEC Commissioner Hester Peirce says that the regulator should have approved a bitcoin exchange-traded fund (ETF) in the U.S. a long time ago. She emphasized that it is not the SEC’s job to approve or reject applications based on the merits of the underlying investment itself. “People...
JPMorgan Predicts When Bitcoin Bear Market Will Be Over
4.7.2021
Global investment bank JPMorgan has predicted that the bitcoin price slump will likely be over when the cryptocurrency’s dominance rises back above 50%. “I think that’s another indicator to watch here in terms of whether this bear phase is over or not,” the firm’s...
Is Bitcoin in danger of losing $30K with Grayscale's big GBTC unlocking in two weeks?
3.7.2021
Bitcoin prices remain under pressure in the $30,000-$40,000 zone as traders brace for the 16,000 BTC worth of GBTC shares unlocking in July
$200M hedge fund pauses crypto arbitrage trading amid market downturn
2.7.2021
The hedge fund co-founder says it is keeping its investment powder dry for when the crypto market resumes its parabolic advance
George Soros’ Investment Fund Is Reportedly Trading Bitcoin Products
1.7.2021
The Hungarian-born American billionaire investor George Soros’ investment fund is actively trading bitcoin investment products, according to reports. Undisclosed sources reveal that bitcoin trading got the green light from the Soros Fund Management chief investment officer (CIO) Dawn...
Nintendo Investigated Report Of Forced Uighur Labor
1.7.2021
In spring 2020, the BBC reported that tens of thousands from China’s Uighur ethnic minority group were being forced into factory labor, having no choice whether or not to work in the global supply chain for products made by 83 global brands.Read more
Investment Heavyweights Soros, Cohen Wade into Bitcoin, Crypto Markets
1.7.2021
George Soros. Source: A video screenshot, Youtube/ Central European University
Bitcoin (BTC) has two new – and high-profile – fans from the world of traditional American finance, with George Soros and the “hedge fund king” Steve Cohen both reportedly going crypto.
Both have hinted before that they...
$22B hedge fund Point72 reportedly searching for a “head of crypto”
1.7.2021
Reports suggest that Steve Cohen’s Point72 hedge fund is searching for a “head of crypto” as the firm weighs up its options before entering the crypto market
Celsius users to receive yield from its $200M Bitcoin mining investment
1.7.2021
“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky
George Soros’ investment fund is reportedly trading Bitcoin
30.6.2021
In addition to trading crypto, Soros Fund Management is said to be in discussion to acquire blockchain-focused firms
Blockware Mining Raises $25M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’
30.6.2021
On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.”...
Investment app Betterment looking into long-term crypto offering, says CEO
30.6.2021
Sarah Levy referred to the company considering "a long-term buy and hold the asset as a smaller portion of a portfolio, rather than as sort of a trading opportunity short term.”
Payments Giant NCR Bringing Bitcoin Trading to 650 U.S. Banks and Their 24 Million Customers
30.6.2021
Payments giant NCR and New York Digital Investment Group (NYDIG) are collaborating to allow 650 U.S.banks to offer bitcoin trading to their 24 million customers through their mobile applications. 24 Million Customers of 650 Main Street Banks May Soon Have Access to Bitcoin Trading New York Digital...
Russia’s central bank to study crypto investment risks
30.6.2021
The Bank of Russia is collecting data from 15 credit firms and payment systems like Visa and Mastercard
Senator Cynthia Lummis backs crypto for US retirement plans
30.6.2021
Senator Cynthia Lummis wants to see crypto-assets become a normal part of the diversified asset allocations in U.S. citizens’ retirement plans
Ark Invest Files for a Bitcoin ETF
29.6.2021
Ark Invest, the investment company founded by Cathie Wood, filed for approval to offer a Bitcoin ETF yesterday. 21Shares, an investment firm with experience launching related products in Europe, will help Ark to launch the product. Ark Invest is the latest of several funds showing interest...