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Decentraland DAO Considers Pausing Grants As FTX Collapse Spotlights Diversification
18.11.2022
The metaverse platform’s DAO community treasury holds over 99% of its assets in MANA, Decentraland’s native cryptocurrency
78% of Americans Seek Diversification With Crypto, 46% Satisfied With Such Investments - Survey
30.8.2022
Among the Americans who have invested in crypto, as many as 78% view it as a way to diversify their investments, and a combined 46% say their allocations to crypto have brought about the same performance as they expected or better, according to a recent survey by US nonpartisan think tank...
Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor Says Precious Metal ‘Good for Diversification’
4.6.2022
The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold holdings almost tenfold from the current 11 tonnes to 100 tonnes. Michl also said he will ask the bank’s foreign exchange reserves management team to invest...
BNB Should be in Your List for Portfolio Diversification
20.1.2022
The purpose of BNB is to use it as a medium of exchange on Binance, the most popular crypto exchange. The users who use this coin on the exchanges and spend it on trading receive brokerage discounts. It is also used to pay gas fees on the exchanges. BNB is a token that can be …
Kevin O’Leary Reveals Crypto Strategy, Why He Prefers Ethereum, Says NFTs Will Be Bigger Than Bitcoin
2.1.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy and which coins he owns. He also discussed crypto market bubbles, diversification, regulation, and why he thinks non-fungible tokens (NFTs) will be bigger than bitcoin. Kevin O’Leary...
Billionaire Ray Dalio’s Investing Advice: Avoid Cash, Think in Inflation-Adjusted Dollars, Crypto Helps Diversify
20.12.2021
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his investment strategy with cryptocurrency as part of his portfolio. He warned that cash is the worst investment because it is eaten away by inflation. Ray Dalio’s Investment...
Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan
19.12.2021
SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund launched by the Japanese company includes bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink,...
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks
11.11.2021
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital...
Games and NFTs the Driving Force Behind Dapps During Q3, According to Dappradar
8.10.2021
Blockchain-based games and NFT trading were the driving force behind dapp adoption during Q3, according to defi insight platform Dappradar. In its Dapp Industry Report: Q3 2021 Overview, Dappradar states that the importance of these new activities in the crypto industry rose dramatically, making...
Q2 Earnings Show Coinbase Raked in $2 Billion — Firm Forms Partnerships With Elon Musk, PNC Bank, Spacex
11.8.2021
Coinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter. The firm said “Q2 was a strong quarter” for Coinbase as it saw both “growth and diversification” this year. While netting...
Billionaire Hedge Fund Manager Ray Dalio Still Concerned Government Could Outlaw Cryptocurrency
9.8.2021
The founder of the world’s largest hedge fund, Bridgewater Associates, is still concerned that governments could outlaw cryptocurrencies. Nonetheless, he sees bitcoin as digital gold and owns some for diversification. Ray Dalio Worried About Government Outlawing Cryptocurrencies Bridgewater...
Bonded.Finance: DeFi Diversification to Combat Hyper-Inflation & Volatility
15.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Decentralized finance (DeFi) is growing at an unprecedented rate, pushing the financial services industry into an era of reinvention and adapting to modern trends. However, DeFi is still in its incredibly...
Crypto diversification signs, Exchanges Secure Banking Contracts + More News
12.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Last week was the quietest trading week since October 2020 as digital asset investment products saw minor outflows, totaling...
Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist
16.6.2021
The statement appeared as Bitcoin investors waited for fresh economic projections from the Federal Reserve and China pledged to release metal reserves amid concerns over commodity rally
Bancor releases no-liquidation lending with Vortex as AMMs continue diversification
5.4.2021
Bancor introduced a complex but useful lending and token burn mechanic through its vBNT token
Bubble or a drop in the ocean? Putting Bitcoin's $1 trillion milestone into perspective
3.4.2021
Bitcoin is relatively small compared to stocks and real estate, and those holders might reinvest dividends in other assets
Oops! A 100% Bitcoin hodl outperformed CNBC's 2017 altcoin basket by 170%
30.3.2021
New numbers conclude that the best returns come from cutting through the noise and simply buying Bitcoin
Bank of America Says the Only Good Reason for Holding Bitcoin Is ‘Sheer Price Appreciation’
19.3.2021
Bank of America sees no good reason to own bitcoin other than “sheer price appreciation.” The firm’s strategists found that the cryptocurrency’s “inflation hedging benefits are not particularly apparent.” Bank of America also claims that bitcoin does not offer...
Badger DAO announces $21 million treasury diversification via VC partners
3.3.2021
Badger DAO has welcomed some deep-pocketed investors into the community with an asset sale aimed at de-risking the treasury portfolio
JPMorgan Says Investors Can Put 1% of Their Portfolios in Bitcoin Despite Calling It a Poor Hedge
28.2.2021
After saying that cryptocurrencies “rank as the poorest hedge for major drawdowns in equities, with questionable diversification benefits,” JPMorgan says investors can put 1% of their portfolios in cryptocurrencies. This can help “achieve any efficiency gain in the overall...