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Latest Drop in BTC Price Raises Concerns for Investors
19.4.2021
Taking pride as the pioneer of the cryptocurrency industry, Bitcoin recently faced major turmoil as it recorded a startling plunge of 19% in the price value which eventually resulted in the biggest drop ever since February in the crypto cluster. The Bitcoin market faced a loss of over $10,000...
Bank of America Survey: 74% of Fund Managers See Bitcoin as a Bubble
19.4.2021
The most recent Bank of America Fund Manager Survey shows that about three out of four professional investors think that bitcoin is a bubble. The fund managers also rated bitcoin second on the list of the most crowded trades. Recently, investment bank JPMorgan also warned that cryptocurrency as...
Investors' on-chain activity hints at Bitcoin price cycle top above $166,000
17.4.2021
The Bitcoin cycle top would likely come in at price levels above $166,000 per coin if history repeats
Co-Founder of South Africa’s Crypto Index Fund Reveals the Plan to Launch Country’s First Bitcoin ETF
16.4.2021
Earle Loxton, the cofounder of EC10 (formerly DCX Capital) the institution behind the South African crypto index fund, says plans are afoot to launch the country’s first exchange-traded fund (ETF). The ETF is expected to offer South African institutional investors an indirect way of getting...
Chinese investors reboot Iranian Bitcoin mining facility
15.4.2021
A Chinese-Iranian Bitcoin mining facility is set to resume operations after being forced to shut down earlier in the year
Over USD 620M XRP Positions Liquidated While Ripple CTO Educates Investors
15.4.2021
David Schwartz. Source: A video screenshot, Youtube/UNCHAIN Convention
Over the past two days, more than USD 620m worth of XRP traders' overleveraged positions were liquidated, as XRP fans became too optimistic about the recent rally, while David Schwartz, Chief Technology Officer of Ripple...
Nearly 75% of professional investors see Bitcoin as bubble: survey
15.4.2021
Bank of America asked 200 professional investors with $533 billion in assets under management about their opinions on Bitcoin
New 'inverse' Bitcoin ETF now lets investors short BTC price
15.4.2021
The Horizons Inverse Bitcoin ETF (BITI) aims to allow investors to take advantage of Bitcoin price volatility, says executive
Investors File Class Action Lawsuit Before the National Court of Spain Over an Alleged $298M Crypto Scam
15.4.2021
A group of Spaniards filed the first crypto-related class-action lawsuit before the National Court of Spain on an alleged million-dollar scam. The lawsuit targets an individual accused of allegedly scammed over 300 small crypto investors across Spain. Money Stolen Could Amount Up to $3.58 Billion...
BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche
14.4.2021
PRESS RELEASE. BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of $6 million was raised in a round led by Ascensive Assets. A number of leading investors on blockchain and the emerging Avalanche ecosystem also participated. These include...
Coinbase IPO Today: Reference Price Set at $250, Investors See Nasdaq Listing as ‘Watershed’ for Crypto
14.4.2021
Coinbase’s IPO via a direct listing on Nasdaq is today. Nasdaq has set a reference price of $250 for the stock which will trade under the ticker symbol COIN. Investors are describing Coinbase’s public debut as a “watershed” moment for the crypto industry. Coinbase’s...
DeFi tracker Step Finance raises $2M from Solana ecosystem investors
13.4.2021
The Solana ecosystem continues its development in DeFi
CoinList 'Rally': 40K investors rush to buy RLY despite price pump
13.4.2021
Rally has generated $22 million in sales from its liquid token sale on April 4, which attracted 40,000 investors
Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It ‘Great Entry Point’ for Investors
11.4.2021
Guggenheim CIO Scott Minerd has warned crypto investors about bitcoin’s pullback. He said bitcoin “clearly has gotten caught in a speculative bubble that Gamestop got into.” However, he noted that it will be a “great entry point” for long-term investors. ‘Great...
41% of Surveyed Crypto Investors are Newbies
9.4.2021
As many as 41.4% of cryptocurrency investors are crypto newbies, and 60% of them declare they have invested between USD 2,500 and USD 5,000 in crypto, according to the results of a recent survey by alternative investment firm Invictus Capital.
“Today’s investor resembles a 35-year-old German...
Fidelity Says Bitcoin Adoption Will Keep Accelerating — ‘We’ve Reached a Tipping Point’
9.4.2021
Fidelity’s head of digital assets says that bitcoin adoption will continue “at an accelerated pace,” noting that “we’ve reached a tipping point.” He explained that investors are increasingly drawn to bitcoin “Particularly, in an environment where...
DeFi’s money markets are finally luring in institutional investors
8.4.2021
The explosive growth of DeFi’s money markets over the last few years has finally gotten the attention of institutional investors
ChainSwap raises $3M from investors including Alameda Research and NGC Ventures
8.4.2021
The multi-chain bridge hub aims to bridge Ethereum and BSC and beyond
Clever DeFi Offering Easy Yield Farming for Investors
6.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Within the rapidly growing cryptocurrency industry, decentralized finance is regarded as the next financial revolution. Among the defi protocols in the market, Clever DeFi is committed to taking yield...
Polkadot Investors Unimpressed With Tether News
6.4.2021
Polkadot (DOT) investors seem to be unimpressed by the news that the most popular stablecoin is coming on this blockchain.
The issuer of the stablecoin, Tether, announced today that tether (USDT) will launch on Polkadot, becoming the first stablecoin on this network.
However, DOT, ranked 6th...