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Financial Advisor Ric Edelman Sees ‘Tremendous Investment Opportunities’ in Bitcoin
21.6.2021
Financial advisor Ric Edelman, founder of Edelman Financial Engines and RIA Digital Assets Council, has recommended having bitcoin in investment portfolios despite the cryptocurrency’s volatility. “This is totally new and different and it’s the first genuinely new asset class...
Crypto is the most dangerous investment, Bank of Russia governor says
21.6.2021
The governor of the Bank of Russia has maintained a tough stance on Bitcoin despite growing criticism of how the bank has handled digital asset regulation
‘Big Short’ Investor Michael Burry Warns of ‘Mother of All Crashes’ — Says Crypto’s Problem Is Leverage
21.6.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of “the mother of all crashes.” He further explained that the problem with cryptocurrency is the leverage. Michael Burry Warns of Mother of All Crashes Famous investor and founder of private...
Grayscale Considering 31 Crypto Assets for Investment Products
20.6.2021
Grayscale Investments is considering 31 crypto assets to add to its family of investment products. The company, with $32.9 billion in crypto assets under management, currently offers investments in 13 cryptocurrencies. Grayscale Investments announced Friday 13 additional crypto assets it...
$3.6 Billion Crypto Heist: South African Bank Denies Business Relationship With Fraud Accused Africrypt
19.6.2021
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. FNB also insists it did not enable the investment company’s transactions which helped Africrypt’s...
Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures
19.6.2021
Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service...
Banking giant BBVA debuts Bitcoin trading and custody for Swiss clients
18.6.2021
BBVA Switzerland will soon begin offering Bitcoin trading to private banking clients while not providing any advisory services on crypto investments
Camarasal Poll Shows Entrepreneurs Are Worried About Bitcoin Law in El Salvador
18.6.2021
Camarasal, a well known entrepreneur association in El Salvador, announced the results of a poll made this month. The poll shows almost 100% of Salvadorans worry about the implementation of the bitcoin tender law approved recently. Most criticize the obligatory character of receiving bitcoin...
DeFi focused: Grayscale exploring 13 more crypto assets for its trusts
18.6.2021
Grayscale has added 13 new cryptocurrencies to its list of assets under consideration, again exhibiting significant interest in DeFi
PayPal, Salesforce contribute to TRM Labs’ $14M investment round
17.6.2021
The venture funds of both companies joined Bessemer and others in financing another strategic investment round for TRM Labs
Crypto and ‘meme stocks’ shunned by 90% of UK financial advisers
16.6.2021
A recent Opinium poll has shown that a majority of British financial advisers are not advocates of crypto investing for their clients
Bitwise secures $70M in Series B funding from major Wall Street investors
16.6.2021
Bitwise has attracted significant investment from major American institutional investors to the tune of $70 million
Finance Guru Suze Orman Likes Bitcoin Despite Regulation, Elon Musk Effect
16.6.2021
Personal finance guru and best-selling author Suze Orman has given advice on how to invest in bitcoin. She likes the cryptocurrency as a long-term investment despite regulatory uncertainty and the influence Tesla CEO Elon Musk seems to have on the bitcoin market. Suze Orman’s Bitcoin...
One in Five Kiwis Bullish on Crypto Investments, New Poll Suggests
15.6.2021
Cryptocurrency investing has been rising in popularity among New Zealanders and a fifth of the respondents in a new survey either plan to or have already, put money into digital assets. The poll also found that young Kiwis are more likely to use micro-investing platforms than older generations....
JPMorgan Is Stockpiling Cash – CEO Claims There’s a ‘Very Good Chance Inflation Will Be More Than Transitory’
15.6.2021
Investment bank JPMorgan Chase is stockpiling cash according to the company’s CEO Jamie Dimon. The investment banker doesn’t seem to believe inflation is “transitory” and he thinks there’s a “very good chance” inflation could stick around. JPMorgan Chase...
A, B, C Investment Rounds, Crypto Trader Attacked, Overpriced Coins + More News
15.6.2021
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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Investments news
The major crypto index fund manager, Bitwise Asset Management, said it raised USD 70m in a Series B round, valuing the company...
ADAX Continues to Attract Strategic Investment
15.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
In the spirit of Cardano’s vision of a blockchain platform for changemakers, innovators, and visionaries, ADAX was created to provide the Cardano community with a state-of-the-art decentralized exchange protocol....
Billionaire Paul Tudor Jones Says ‘I Like Bitcoin’ — Will Go All in on Inflation Trades if Fed Says ‘Things Are Good’
15.6.2021
Billionaire hedge fund manager Paul Tudor Jones says he likes bitcoin. Noting that he can trust math, the famed hedge fund manager said, “bitcoin has appealed to me because it’s a way for me to invest in certainty.” Jones also shared his investment strategies in response to...
6 Insurers Initiate New Cryptocurrency Investment Positions: Report
15.6.2021
Insurance firms have increased their interest in crypto investments in recent months
Goldman Sachs Expands Cryptocurrency Trading Desk With Ether Futures and Options
15.6.2021
Investment bank Goldman Sachs has reportedly unveiled its plans to expand its cryptocurrency desk to offer ether futures and options trading. The bank says “institutional adoption will continue,” noting that “Despite the material price correction, we continue to see a significant...