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Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold
30.7.2020
U.S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefiting from the dollar’s weakness. Oppenheimer Analyst...
Delphi Digital Launches Venture Investment Arm
30.7.2020
Crypto research and consulting Delphi Digital has launched a VC fund alongside an overhaul of its website
Russian Roulette: Central Bank Calls Crypto Investment ‘Gambling’
29.7.2020
The crypto-skeptic Russian Central Bank (CB) has taken another swipe at crypto – equating investment in digital tokens to “playing roulette” or investing in “pyramid schemes.” Meanwhile, some experts have suggested that new Russian “suspicious funds” seizure laws could be applied to crypto...
Crypto-Enabled Investment App eToro Gets Ready to Issue Debit Cards in UK
29.7.2020
EToro is reportedly moving ahead with its debit card plans as it acquires a U.K. Visa Principal Member
Coinbase Sees More Institutional Investors Buying Bitcoin in H1
29.7.2020
Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market. Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy. In a report, the exchange...
Goldman Sachs Warns US Dollar Risks Losing World Reserve Currency Status, Gold and Bitcoin Soar
28.7.2020
Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows. Goldman Sachs’ Dollar and Gold...
Firm Uses Ethereum to Tokenize Sustainable Infrastructure in Fight Against Climate Change
28.7.2020
UK-based fintech company Fasset aims to bridge the $15 trillion gap in sustainable infrastructure development with blockchain-backed investments
Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit
27.7.2020
U.S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again. The U.S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed. The bailout is intended to cushion families against the covid-19 fallout....
3iq Files IPO for Ether Fund to Trade on Canadian Stock Exchange
27.7.2020
3iq has filed for an initial public offering (IPO) of its Ether Fund in Canada. The Canadian fund manager’s Bitcoin Fund is already trading on the Toronto Stock Exchange. The Ether Fund has been preliminarily green-lighted by a Canadian regulator. Ether Fund’s IPO Canadian investment...
Binance Enters German Market via Partnership With Crypto Investment Firm
23.7.2020
Binance has partnered with licensed German investment firm CM-Equity to offer crypto asset management and brokerage services in Germany and Europe
Bitcoin (BTC) is POWER and Not Just an Investment Avenue
23.7.2020
Bitcoin price gains an edge as it releases from the consolidation below $9.3k and trades around $9.5k, at the press time after having hit a monthly high at $9.55k. Bitcoin, on the intraday chart, is retaining complete support from the daily Moving Averages. The technical are bullish than ever,...
Grayscale Investments’ Bitcoin Cash Trust Approved for Public Trading
21.7.2020
Grayscale Investments’ Bitcoin Cash Trust and Litecoin Trust have been approved by the U.S. Financial Industry Regulatory Authority (FINRA) for public quotations. The two add to Grayscale’s four existing publicly traded investment products: Bitcoin Trust, Ethereum Trust, Ethereum...
Institutional Trading House ErisX Joins Silvergate Exchange Network
21.7.2020
ErisX, a crypto exchange for institutional investors, has joined the payments network of bitcoin-friendly Silvergate Bank
Philippines Launches Blockchain App to Distribute Government Bonds
21.7.2020
The Philippines has launched a blockchain-enabled mobile application for the distribution of government-issued bonds
BitMEX-affiliated Firm Leads USD 3.4m Investment in S African Exchange
21.7.2020
The investment arm of a new company operated by the creators of derivatives platform BitMEX, has spearheaded a USD 3.4-million cash injection in VALR, one of Africa’s biggest crypto exchanges.
Per a press release shared with Cryptonews.com, the Series A equity round of funding in the VALR exchange...
Grayscale Crypto Investments Add Nearly $1 Billion in Q2 — Bitcoin Trust Posts Record Quarter
16.7.2020
Grayscale Investments has posted a record quarterly performance, having added almost $1 billion, which nearly doubled its previous quarterly high. 84% of the investments were from institutional investors. The cumulative investment across all of its crypto products has reached $2.6 billion....
South African Bitcoin Investment Company Pushes Back Against Texas Scam Allegations
16.7.2020
Mirror Trading International (MTI), a South African bitcoin investment company at the center of a cease and desist order issued by the Texas State Securities Board (TSSB), is pushing back allegations that it is running a Ponzi scheme or a scam. MTI CEO Johann Steynberg issued a statement assuaging...
US Tech University Makes ‘Seven-figure’ Investment in Tokenized Fund
15.7.2020
Source: a screenshot, Instagram/rittigers
New York-based private tech university the Rochester Institute of Technology (RIT) has made an undisclosed “seven-figure” investment in Cosimo Ventures, a tokenized venture fund operator that focuses on blockchain and tech companies.
In a press release...
Grayscale Says Institutions Invested Record $900M in Crypto Products in Q2
15.7.2020
Two consecutive record quarters for Grayscale mean cumulative capital inflows have doubled in the past six months to $2.6 billion
HOPR Data Privacy Testnet to Launch Following Investment by Binance
15.7.2020
Binance-backed data privacy startup HOPR is preparing to launch its first public testnet on July 16