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Tesla’s Bitcoin Buy Comes As Earlier Large Investors Retreat
12.2.2021
Philip Gradwell is Chief Economist at Chainalysis. He provides data and insight on the uses of cryptocurrencies and the direction of the market at markets.chainalysis.com.
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On 8 February, Tesla disclosed in an SEC filing that it had “invested an aggregate USD 1.50 billion in bitcoin”...
Crypto investors should consider buying gold, Newcrest Mining CEO says
11.2.2021
Gold should help crypto investors hedge against the risks of highly unstable prices of cryptos like Bitcoin, the CEO of Newcrest Mining said
7 Traditional Investors Who Said Bah Humbug to Bitcoin
11.2.2021
While there is no shortage of investors who have given bitcoin (BTC) their seal of approval, there is a possibly even longer list of financial Svengalis who would happily dance on the cryptoasset’s grave.
Check out this list of just a few of the investment top guns who just love to nay-say about...
Anti-Privacy Regulations Pose Risks for Crypto Investors, Bank of America Says
10.2.2021
Cryptocurrencies "challenge the ability of governments to levy taxes and to control capital flows more broadly," the report says
Launchpool Plans to Launch an Egalitarian Model for All Stakeholders
10.2.2021
Launchpool : noun – A group of crypto industry participants who pool together resources to launch projects. The concept behind the project is to bring investors together, aligning all for the benefit of everyone and the project. Each investor is put on the same footing and given the same...
Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin Trust
10.2.2021
The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over...
Serbian National Arrested and Extradited to the US for His Role in a $70M Crypto Mining Case
9.2.2021
A Serbian national has been extradited to the United States to face charges of defrauding investors out of more than $70 million through a cryptocurrency mining and binary options scam. Antonije Stojilkovic, 32, and six accomplices, who were all arrested between July and October 2020, faces up...
Investors Pump $250M Into Reddit Following Social Media Site’s Role in GameStop Mania
9.2.2021
The site plans to double its headcount to 1,400 by the end of 2021
Cardano, Polkadot Market Caps Surpass XRP as Some Bet on Alternatives to Ethereum
8.2.2021
The price of gas continues to rise on Ethereum, squeezing smaller retail traders using DEXs
Bitcoin Miner Bitfarms to Raise $31M in Sale of Shares to Institutional Investors
8.2.2021
The additional funding will go towards the acquisition of more miners, expanding infrastructure and boosting working capital
Asset Manager Stone Ridge’s NYDIG Sees Wall of Money Coming Into Bitcoin — Institutions Grow Beyond Owning BTC
8.2.2021
The founder of Stone Ridge Asset Management and the New York Digital Investment Group (NYDIG) sees a “wall of money” coming into bitcoin based on his firm’s order book. The executive believes that institutions are just getting started and we will see an explosion...
Crypto Hedge Funds Defraud $100 Million From Investors, Founder Faces 20 Years in Prison
7.2.2021
The founder of two cryptocurrency hedge funds has been charged in U.S. federal court for securities fraud. He has pleaded guilty and is facing up to 20 years in prison. His two funds cumulatively had over $100 million in investments. The U.S. Department of Justice (DOJ) announced Thursday that...
Luxurious Pro Network Token Officially Listed on PROBIT
7.2.2021
PRESS RELEASE. The LUXURIOUS PRO NETWORK TOKEN is now officially listed on PROBIT, a globally reputed professional digital currency exchange. Officials from both the organizations have expressed their opinion in this regard. “In my opinion, LPNT’s solid strategy will benefit users...
Whales profit as high Ethereum gas fees sideline retail DeFi investors
7.2.2021
High gas fees on the Ethereum network are making it nearly impossible for retail investors to interact with DeFi protocols but the same doesn’t apply to whales
Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’
6.2.2021
Grayscale Investments has surpassed the milestone of $30 billion in net crypto assets under management (AUM). The company says the tremendous growth is due to institutional investors, particularly hedge funds. Grayscale revealed Friday that its net total crypto assets under management now stands...
South African Regulator Warns Crypto Investors to ‘Be Prepared to Lose All’ Following Collapse of Bitcoin Trading Company MTI
5.2.2021
The Financial Sector Conduct Authority (FSCA) has issued what it terms crypto health warning after receiving many complaints from South African victims of crypto scams. In the warning, the FSCA reminds prospective investors that crypto-related investments are currently not regulated. Therefore...
Former South Korean Social Media Giant to Relaunch Its Business by Creating a New Ethereum-Based Token
5.2.2021
A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The company plans to regain its popularity by launching a new cryptocurrency. New Ownership Reportedly Got Over $7 Million From Investors to Rebrand Cyworld...
Investors Still Prefer Stocks To Bitcoin, But BTC Wins Over Gold - Survey
4.2.2021
Despite outperforming traditional assets, bitcoin (BTC) and other cryptocurrencies are still less popular than usual investment options in the US and Japan, a recent survey showed. However, the good news for the Cryptoverse is that cryptoassets are now more popular than gold in the US.
In the...
SUSHI price surges 73% in four days: Why investors say it's still undervalued
4.2.2021
The price of SUSHI, the governance token of SushiSwap, has increased by 73% in the last four days, as fundamentals strengthen
Mark Cuban Tells Stock Traders That BTC Hodlers ‘Are a Great Example to Follow’
4.2.2021
Billionaire and crypto-asset supporter, Mark Cuban has identified bitcoin hodlers’ endurance as a model that stock investors can follow. According to the billionaire, after acquiring the asset at high prices back in 2017, the hodlers “held on because they believed in the asset.”...