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Former UK Chancellor Lord Hammond Warns About Crypto Investing — Says ‘It’s Gambling Money’
27.12.2021
Former U.K. chancellor of the exchequer Lord Hammond has reportedly warned about investing in cryptocurrencies. He said, “It’s gambling money,” noting that “people should be extremely cautious” and “Many regard them as closer to gaming than serious...
JPMorgan CEO Jamie Dimon Warns People to Be Careful When Investing in Crypto Citing ‘No Intrinsic Value’
26.11.2021
The CEO of global investment bank JPMorgan has warned investors about investing in cryptocurrency. “Cryptocurrency has no intrinsic value. You are basically buying a token,” he said. “I would be very careful.” JPMorgan Boss Jamie Dimon Warns About Investing in Crypto...
Mariah Carey Offers Free Bitcoin Bonus to Encourage Fans to Invest in Crypto
24.10.2021
Mariah Carey has encouraged her fans to invest in cryptocurrencies. To help them get started, she is offering $20 in free bitcoin via her partnered cryptocurrency exchange. “A portion of your trade will go toward Black Girls Code, a non-profit helping to increase the number of women of color...
‘Boom’ in Big South Korean Firms Investing in Crypto Startups
19.10.2021
Large South Korean companies are pouring money into crypto and blockchain startups, media outlets have noted – while the nation’s market-leading crypto exchange is set to make a sports investment of its own.
Per a report from Fn News, there has been a “boom” in crypto and decentralized finance...
62% of institutions to start investing in crypto within a year: Survey
28.9.2021
Institutional investors expect to start buying crypto to increase their revenues over the long term
Skybridge Capital’s Scaramucci on Crypto Boom: ‘The Institutions Are Not There’
28.9.2021
Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested...
Minority communities are investing in crypto to escape financial discrimination
17.8.2021
Black and LBGTQ Americans are more than twice as likely to invest in crypto than White Americans
UK FCA will spend £11M to warn people about investing in crypto
15.7.2021
U.K. financial regulators have announced an 11 million pound digital marketing war chest to warn people about the dangers of crypto investments
Starting Today, 4,000 German Funds Can Start Investing In Crypto
1.7.2021
German legislation that entered into force on July 1 allows around 4,000 of the country’s so-called special funds to invest in cryptoassets, possibly paving the way for a spike in German investors’ exposure to crypto.
Under the new rules, Germany’s Spezialfonds will be allowed to invest up to...
Survey Finds Gen Z More Likely to Invest in Cryptocurrencies and Memes Over Traditional Investments
4.6.2021
A recent study published by Gambler’s Pick notes that Gen Zers are less likely to invest in traditional investments like equities and more likely to invest in cryptocurrencies, meme investments, and non-fungible tokens (NFTs). Gen Z More Likely to Invest in Cryptocurrencies and Meme...
‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’
16.4.2021
Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about...
Number of financial planners investing in crypto increases by 50%
13.1.2021
A survey published by Bitwise has found that nearly 10% of investment advisors have made client portfolio allocations into crypto assets
Wall Street Firms Advise Clients Against Investing in Crypto, Says Wealth Manager
5.5.2020
Top U.S. banks JPMorgan Chase and Goldman Sachs could be talking their clients out of crypto, according to a wealth manager
More Than Half of Financial Advisors Want Better Regulation Before Investing in Crypto
14.1.2020
More than half of financial advisors are too spooked by regulatory uncertainty to initiate or expand their cryptocurrency investments, a new study by Bitwise Asset Management found
Ripple's Strategy: Push XRP by Investing in Crypto Wallet Tech
16.10.2019
Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg
This October alone, Ripple, a California-based crypto startup focusing on payment technologies, made three crypto wallet related steps that might help its native token, XRP to reach a wider audience.
The most recent announcement...
Hong Kong Securities Watchdog Issues Rules on Funds Investing in Crypto
8.10.2019
Hong Kong's Securities and Futures Commission (SFC) has issued regulations for fund managers investing in "virtual assets."
Japan’s Financial Regulator Issues Draft Guidelines For Funds Investing in Crypto
3.10.2019
The instructions from the FSA are vague and obvious, but they indicate some movement on the regulatory front
‘Amazon of Japan’ Rakuten Launches Crypto Exchange Service
20.8.2019
Rakuten, the “Amazon of Japan,” announced the launch of its new crypto exchange platform Monday, August 19, offering spot trading of crypto assets via a dedicated smartphone app. The e-commerce giant has been crypto-friendly for a while now, experimenting and investing in crypto payment...