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Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin


Guggenheim CIO Scott Minerd has warned of a “major correction” in bitcoin in the near term. Claiming that bitcoin is “very frothy,” he is forecasting a 50% decline in the price of the cryptocurrency. Scott Minerd’s Latest Warning About Bitcoin The chief investment...

Beyond Finance Listing On Ascendex


PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Beyond Finance Token (BYN) under the pair USDT/BYN on April 20 at 1:00 p.m. UTC. Beyond Finance is a synthetic asset trading...

Rothschild Investment Vehicle Doubles Down On Crypto, Invests In Kraken


Source: a screenshot, Instagram/krakenfx The Rothschild family has taken a further step into the world of crypto through its RIT Capital Partners venture – formerly the Rothschild Investment Trust. It appears this investment – in the US-based crypto exchange powerhouse Kraken – was kept under...

South African Crypto Platform Revix Raises $4.1 Million


The South African cryptocurrency investment platform, Revix, has reportedly raised about $4.1 million from its latest capital raise round. According to the firm, part of the raised capital will be used “to launch Revix’s mobile application, a variety of Fourth Industrial Revolution...

Investment in DigiByte: Things You Should Know


It is an interesting time to be in the cryptocurrency domain, with many digital coins registering their all-time high values in 2021. Many digital currencies are making headlines, and prominent among these is DGB. DGB is the native token of DigiByte Blockchain, which has carved a place for itself...

Cryptocurrency as an Investment Tool in China


The newly-appointed Governor of PBoC seems to be taking a more crypto-friendly stance than his predecessor. Li, one of seven deputies to PBoC governor Yi Gang and former vice mayor of the Chinese municipality of Chongqing, is seemingly taking a stronger position for the central bank to recognize...

Chinese Central Bank Calls Bitcoin an ‘Investment Alternative’


China may be softening its tone on cryptoassets, almost four years after it exacted a crackdown on bitcoin (BTC), altcoins and crypto exchanges, with encouraging remarks from Li Bo, the new deputy governor of the central People’s Bank of China (PBoC). Li Bo was quoted by multiple media outlets...

Bank of America Survey: 74% of Fund Managers See Bitcoin as a Bubble


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...

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