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Crypto Artists and Investors Trusts NFTs to Transform the Art Industry
9.8.2020
With Nifty Gateway recently auctioning a digital artwork and NFT for a record $55,555.55, the art world is on alert
Blockchain Analytics Show Altcoins 2x More Prominent in East Asia Compared to North America
8.8.2020
On August 6, the blockchain intelligence firm Chainalysis published a report that analyzes cryptocurrency trends across various regions worldwide. According to the statistics, North America purchases and holds more bitcoin than any other region. Bitcoin also accounts for the largest share of U.S....
Bitcoin Ownership Steadily Shifts From Whales to Small Investors, Data Shows
7.8.2020
The amount of bitcoin held by small investors has more than doubled in the past five years as so-called whale holdings declined by an almost similar margin during the same period. According to new data from Glassnode, the percentage of supply owned by entities holding 10 BTC or less has grown from...
Investors Dollar-Cost Averaging Bitcoin Since 2017 Made a 61.8% Return
7.8.2020
Data shows investors who dollar-cost averaged into Bitcoin even since the $20,000 peak are profitable
Grayscale Investments’ Ethereum Trust Filed With the SEC to Obtain Reporting Status
7.8.2020
The digital currency asset manager Grayscale told investors on Thursday that the firm has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for the company’s Ethereum Trust. The recent filing is voluntary and if the SEC approves...
North American Investors Vastly Favor Bitcoin Over Other Cryptocurrencies
6.8.2020
North America-based institutional investors tend to buy and hold cryptocurrency more than those based in East Asia, according to Chainalysis
Investors Suing Over Status ICO Can’t Find Execs to Serve Papers
6.8.2020
Investors suing crypto firm Status are seeking “alternative means” to serve top executives after they were unable to deliver court papers via traditional means
Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest
5.8.2020
Genesis Capital said Tuesday that its total number of loans outstanding more than doubled to $1.4 billion for the second quarter to June, up from $649 million three months earlier. The crypto lender, which targets institutional investors and wealthy individuals, added over $2.2 billion in...
Bitcoin’s 10% Drop Shrugged Off – Traders Expect More Big Dips On the Way Up
4.8.2020
Bitcoin investors are shrugging off the recent drop in value that saw a loss of over 10.9% on Sunday. A number of speculators believe the price is still very bullish but expect some more big dips along the way. Meanwhile, optimism has been cushioned as onchain statistics show that exchange...
Deceived Crypto Investors Launched Their Own Scam to Recoup Losses
3.8.2020
Investors in China launched a crypto scam after being deceived themselves — and got busted by the police
Bitcoin Investors Unshaken By Sunday’s Flash Crash, Data Suggests
3.8.2020
Bitcoin investors look to have shrugged off Sunday’s sudden $1,400 price crash
OKCoin Says Institutional Investors Benefit Most From OCC Crypto Clarity
2.8.2020
OKCoin says recent U.S. regulatory clarity on digital asset custody is significant for big money players
US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2
2.8.2020
The Northern California District Court finds that claims against Ripple Labs and its token made by two investors cannot be proven. The legal dispute, which began in May 2018, pitted Ripple Labs including CEO Brad Garlinghouse and disgruntled investors. According to a report, the discontented...
Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
1.8.2020
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...
As Gold Touches New Highs Investors Face Storage Issues, Market Dilution, Threat of Seizures
31.7.2020
During the last few weeks, gold has skyrocketed in value over the concerns fueled by the faltering global economy. Despite the fact that gold has always been a safe-haven, many investors are looking to bitcoin because they fear central banks will dilute the market or even confiscate the gold. Prior...
Chinese Police Take Down $6 Billion Plustoken Ponzi, Arrest 109 People
31.7.2020
Chinese authorities have reportedly arrested 109 people in connection with the Plustoken Ponzi scheme. Twenty-seven of them are allegedly the scheme’s masterminds and 82 are key members. The Plustoken scammers have swindled funds worth about $5.7 billion from more than 2 million investors....
Bitcoin Trading Is Booming in Uncertain Russia, With 350% Spike in New Users on Paxful
31.7.2020
Bitcoin trading is growing in Russia. That’s despite attempts by the government to make it difficult for investors to do so. For years, Russian lawmakers have blown hot and cold over cryptocurrency regulation, creating an atmosphere that has often left the entire digital asset industry in...
Lawsuit: Investors Can't Prove Ripple Knew XRP Had ‘No Utility’
31.7.2020
Lawyers for Brad Garlinghouse haven’t argued the Ripple CEO’s statements in extolling XRP were true, simply that they can’t be proven false
Longfin Ordered to Repay $223M to Investors
31.7.2020
Longfin, a blockchain-related firm that conducted a $27 million IPO in 2017, has been ordered to repay $223 million to investors
Bitcoin Tops $11,000 Reigniting Interest in India
30.7.2020
A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing...