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Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency


Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied...

Arthur Hayes Tells Crypto Traders ‘It Pays to Wait,’ Stronger USD Coming


  Monetary policy in the US and China will most likely not get any easier in the near term, and it, therefore “pays to wait” with making new investments in crypto, the co-founder and former CEO of crypto derivatives exchange BitMEX, Arthur Hayes, suggested. ... Read More: Arthur Hayes Tells Crypto...

How Global Economy Might Affect Bitcoin, Ethereum, and Crypto in 2022


_______ _______ The crypto market has had one of its best years on record, and it largely has the global macroeconomic environment to thank for this. With inflation rising and interest rates historically low, those of us fortunate enough to have savings have looked for somewhere more profitable...

How to Buy Virtual Land in the Metaverse: A Beginner’s Guide


  A few years ago, investing in virtual real estate sounded somewhat absurd. Today, the story is very different. Now, you can buy slots of virtual land in digital worlds like Decentraland (MANA), and with the metaverse on the horizon, investors are piling in. Read on to learn more about...

Rising Number Of Investors Sell Stocks, Bonds To Buy Crypto - Survey


  Amid a rapidly increasing interest in cryptocurrencies, money from the stock market is starting to rotate into crypto, with 23% of respondents to a US poll declaring they or someone they know have sold stocks or bonds to invest in crypto, as indicated by data sourced by public opinion polling...

MicroStrategy Spends Another USD 82m on Bitcoin


  The US-based business software firm MicroStrategy has bought an additional 1,434 bitcoin (BTC), bringing its total stash to BTC 122,478 (USD 6bn), the company’s CEO, Michael Saylor said. The new coins were acquired at an average price of USD 57,477.... Read More: MicroStrategy Spends Another...

Bitcoin Market Cycles Explained


 Matthew Kimmell is Digital Asset Analyst and Christopher Bendiksen is Bitcoin Research Lead at major European digital asset investment firm CoinShares.  __________... Read More: Bitcoin Market Cycles Explained

Aussie Crypto Exchange Sinks Amid Complaints, Missing Fund Allegations


  Australian crypto exchange myCryptoWallet has tanked following a wave of complaints by users and allegations of missing funds, potentially leaving behind countless customers deprived of access to their crypto assets.  Insolvency firm SV Partners has been appointed the liquidator of the troubled...

Pak’s NFT Collection Breaks an Art Auction Price Record


  Popular digital artist Pak has sold some 250,000 non-fungible tokens (NFTs) for a total of USD 91.8m on the NFT marketplace Nifty Gateway - now considered to be the highest original price to be paid at an auction for the work of a living artist. The art collection, Merge, was sold between...

Top 7 Bitcoin & Crypto Mining Stocks You Could Add to Your Stock Portfolio


  With the price of bitcoin (BTC) pushing for yet another all-time high before its latest drop, and with the recent shake-up in hash power distribution following China’s bitcoin mining ban last summer, bitcoin mining operations have been enjoying substantial profits. Adding a bit of exposure...

Korean Incubator Hashed Raises $200 Million for Web 3.0 Investments


Hashed, a Korean blockchain VC firm, has announced the launch of Hashed Venture Fund II, a new fund that will focus on investing in Web 3.0-based startups. The fund raised $200 million for these investments, and while the company did not disclose those who participated, it did announce it will...

Crypto Fans Build Up Their Power as S Korean Politicians Delay Crypto Tax


South Korean MPs have finally overturned the government on its proposed crypto tax plans, ending a long saga that pitted lawmakers against the large crypto-skeptic administration of President Moon Jae-in.... Read More: Crypto Fans Build Up Their Power as S Korean Politicians Delay Crypto Tax

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