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Switzerland’s Largest Bank UBS Suggests Alternative Ways of Investing in Cryptocurrency
10.2.2022
Switzerland’s largest bank, UBS, has suggested some investment strategies for investors seeking to gain exposure to crypto assets with less risk than investing directly in bitcoin, ether, or other cryptocurrencies. “There are several main ways investors can access this potential while...
NFT Prices ‘Relatively Independent’ of Broader Crypto Market
9.2.2022
The market for non-fungible tokens (NFTs) – although still in its infancy – appears to be “a relatively independent market” that does not necessarily move with the broader crypto market, according to crypto analysis firm Coin Metrics.
In their latest report, Coin Metrics noted that it is often...
El Salvador Eyes Bitcoin Bond Issuance in March, Mulls BTC Loans for SMEs
9.2.2022
El Salvador could be set to unveil its much-talked-about bitcoin (BTC) bond offerings as early as next month – and could also unveil new bitcoin loan offerings for small and medium-sized enterprises (SMEs) and micro-industries.
The latest bonds development was unveiled by a key ally...
Is It Early or Too Late to Invest in Bitcoin: Wells Fargo Has 3 Tips for New Crypto Investors
8.2.2022
US-headquartered banking giant Wells Fargo has three tips for new cryptoasset investors, with a recent report released by the bank’s Investment Institute answering the question that many ask themselves: is it too early or too late to jump on the crypto train? The report's authors advise...
'Beautiful Bitcoin Heaven' Portugal’s 0% Crypto Tax Lures In Bitcoin Family
7.2.2022
The famous Bitcoin family who is living only off of their crypto is moving to Portugal, which welcomes them with a 0% tax on cryptoassets.
The Bitcoin Family has risen to international prominence after the Dutch family of five sold everything they owned in 2017, including their house, in order...
Tesla Reports USD 101M of Impairment Loss from Bitcoin Investments in 2021
7.2.2022
Electric car manufacturer Tesla saw some USD 101m of impairment losses in 2021 as a result of bitcoin (BTC) price changes and therefore in the value of the company’s BTC holdings.
This was disclosed in a filing with the US Securities and Exchange Commission (SEC) for the previous fiscal year...
Billionaire Ray Dalio Discusses Future of Money, Insists Some Governments Will Ban Crypto
6.2.2022
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his view on cryptocurrency investing and the future of money. He believes that crypto will be banned by different governments. Ray Dalio on the Future of Money and Crypto Bridgewater...
US Lawmaker: Crypto Assets Are Here to Say, Diversified Portfolios Should Have Crypto Exposure
5.2.2022
U.S. Senator Pat Toomey says that crypto assets are here to stay and “a thoroughly diversified portfolio should have some.” The lawmaker added that he has a “very simple” investing strategy — diversify. US Lawmaker Says Crypto Is Here to Stay U.S. Senator...
3 Ways to Invest in Ethereum Without Buying ETH
4.2.2022
If you are interested in adding Ethereum (ETH) exposure to your portfolio but don’t want to deal with the complexities of buying and securely storing ETH coins, there are a handful of alternative investment options for you.
In this guide, we will examine the growth of Ethereum investment...
Real and Artificial NFT Market Outperformed Crypto in January - DappRadar
4.2.2022
While the crypto market was still down in double digits from its all-time highs, in January, the non-fungible token (NFT) market increased, even excluding artificial trades, per dapp (decentralized application) information provider DappRadar. ...
Read More: Real and Artificial NFT Market...
4 DeFi Insurance Protocols Building Safety Nets for Crypto Investors
3.2.2022
Decentralized finance (DeFi) is one of the most impactful innovations in the global crypto markets, enabling crypto traders and investors to earn double/triple-digit yields on their holding.
However, using DeFi applications comes with its own share of risks, with protocol hacks being relatively...
South African Regulator Urges Public to Be More Cautious When Dealing With FTX, Bybit
3.2.2022
The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms FTX and Bybit. The FSCA alleges that neither entity has been licensed to trade in Contracts for Difference (CFD) or to provide financial advisory...
4 Social Listening Apps for Crypto, Reviewed for 2022
3.2.2022
The crypto markets thrive on social chatter, memes, and internet virality. To help traders and investors make sense of that, social listening apps for crypto have emerged to act as an additional tool for crypto traders to make informed trading decisions.
Read on to learn about crypto social...
Grayscale Makes an ETF Move
2.2.2022
US-based major cryptoasset management firm Grayscale Investments launched its first equity exchange-traded fund (ETF) as they aim to increase its exposure to this type of investment vehicle.
The Grayscale Future of Finance ETF will track the investment performance of the Bloomberg Grayscale...
Bitcoin Is 'Fundamentally Different' From Other Cryptos, Unlikely To Be Replaced - Fidelity
1.2.2022
Bitcoin (BTC) is fundamentally different from any other digital asset and no other digital asset is likely to improve upon bitcoin as a monetary good, according to digital asset-focused financial services provider Fidelity Digital Assets....
Read More: Bitcoin Is 'Fundamentally Different' From...
MicroStrategy Begins 2022 by Spending USD 25M on Bitcoin
1.2.2022
US-based software company MicroStrategy said it increased its bitcoin (BTC) stash to BTC 125,051 as it bought an additional BTC 660 for USD 25m.
Per CEO Michael Saylor, they paid an average price of USD 37,865 per BTC. In total, they spent USD 3.78bn on their bitcoin holdings. They're now worth...
Luna Jumps as Terra Asks USD 38M From Community to Fund an Undisclosed Sports Partnership
1.2.2022
Terra co-founder Do Kwon has requested TerraUSD (UST) 40m from the community, a decentralized stablecoin running on Ethereum (ETH), in order to fund a Terra Brand partnership with an undisclosed sports franchise describes as "one of the four major American professional sports leagues" – seeing...
Ontario Teachers Keep Investing in FTX Which is Not Available in Ontario
31.1.2022
An Ontario-based organization in charge of administering pensions for teachers once again invested during FTX’s latest fundraise, but residents of this Canadian province still can’t use FTX.com.
FTX Trading Ltd., the owner and operator of major crypto exchange FTX, said that they closed a...
Apple on Metaverse: We See a Lot of Potential and Are Investing — CEO Tim Cook Says ‘It’s Very Interesting to Us’
31.1.2022
Apple CEO Tim Cook says the metaverse has a lot of potential and his company is investing accordingly. “It’s very interesting to us,” he noted. Global investments banks Morgan Stanley and Goldman Sachs have predicted that the metaverse could be an $8 trillion opportunity. Apple...
2021 Was ‘Busiest Year by Far’ for Bitcoin IRAs, Interest in Ethereum & Altcoins Grows
29.1.2022
With crypto gaining prominence as a mainstream investment vehicle, retirement savings in the form of IRA accounts holding digital assets is on the rise in the US. And according to industry insiders Cryptonews.com spoke with, companies offering crypto IRAs had their best year ever in 2021...