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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.”...
Bityard Launched ‘Grayscale Zone’ to Let Users Trade Coins Related to Grayscale Investment Trusts
3.2.2021
PRESS RELEASE. As an exchange that offers professional crypto trading services, Bityard has been focusing on the fast-changing market as well as the increasing needs of global investors. In 2020, Bityard, with Binance as the liquidity supplier, started offering crypto spot trading services with...
CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC
3.2.2021
The fund is starting out with $20 million in AUM, largely from family offices, and touts lower fees than the Grayscale Bitcoin Trust
Asset Manager Values Bitcoin at $500K, Expects BTC to Be Worth More Than Gold, Sees Massive Institutional Interest
3.2.2021
One River Asset Management’s CEO says his firm now holds bitcoin worth “well over” $1 billion. He revealed that the institutional interest in bitcoin is “astounding,” noting that almost all major institutions in the U.S. are having discussions about the cryptocurrency....
Gamestop Shares and Reddit Fueled Stocks Plummet, Crypto Fans Say Bitcoin Is the Only True Attack
2.2.2021
Following the Wallstreetbets saga last week, a great number of the popular shares being fueled by social media have started to tank in value. Gamestock shares dropped over 60% on Tuesday, while AMC dropped more than 49% shaking investors who bought into these stocks to the core. Meanwhile, a number...
Wall Street Bets and Gamestop Saga to Be Made Into a Movie
2.2.2021
The Wall Street Bets saga, an incredibly ridiculous story about a group of amateur Reddit investors who beat career Wall Street hedge funds at their own game, is to be made into a movie. According to a report by online news site Deadline on Jan. 31, Metro Goldwyn-Mayer (MGM) won the rights...
Dogecoin Cofounder Faces Harassment While ‘Meme Coin’ Hype Trends Among Investors
1.2.2021
As dogecoin’s frenzy keeps making the headlines in the crypto sphere, some people are not happy with it. Billy Markus, Dogecoin’s cofounder, has been a target of long-lasting online harassment, which still doesn’t end, he claims. Markus Sold All His Doge in 2015 The so-called meme...
Grayscale Reopens Its Ethereum Trust to Investors
1.2.2021
Digital asset manager Grayscale Investments said Monday that its Ethereum Trust (OTCQX: ETHE) is again open to accredited investors. Read more: Digital Asset Manager Grayscale Eyes DeFi Space With New Trust Filings
XRP Displaces Polkadot Token After Price Soars 100% in 48 Hours
1.2.2021
In a surge reminiscent of dogecoin’s recent rally, the value of the XRP token soared by more than 100% in just 48 hours. After starting the day at $0.29 on January 30, data shows that the token peaking at just above $0.67. At the time of writing, XRP is trading at around $0.66  ...
CEX.IO LOAN Experiences Massive Institutional Demand With Over $100 Million of Loan Requests
1.2.2021
PRESS RELEASE. Crypto-backed lending service CEX.IO LOAN that launched in October 2020 in select global jurisdictions, has been experiencing major demand, receiving over $100 million worth of loan requests to date. While the service has been widely popular among retail investors, most of...
MGM, Winklevoss Twins to Make Movie About Reddit’s GameStop Investors Taking on Wall Street
1.2.2021
MGM has acquired the movie rights to a book proposal known as "The Antisocial Network" by New York Times best-selling author Ben Mezrich
Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend Could ‘Take Down the System’
31.1.2021
The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these short squeezes continue it could “snowball through the market.”...
Fidelity Optimistic About Bitcoin Regulation Under Biden Administration — Sees Strong Institutional Demand
31.1.2021
Fidelity Digital Assets President Tom Jessop has shared his view on the future of bitcoin and cryptocurrency regulation under the Biden administration. He confirms that Fidelity is seeing strong demand for bitcoin from institutional buyers. Fidelity Digital Assets’ Head Optimistic About...
India’s Proposed Ban of ‘Private’ Cryptos Has Many of the Nation’s Investors Nervous
30.1.2021
The move is bound to make potential and current crypto investors outside the country uneasy as well