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Japanese port city wants to become the Web3 hub for the country
24.10.2022
Through a new collaboration with Astar Japan Labs, the city of Fukuoka aims to become the Web3 hub of the country, akin to Silicon Valley
Women remain bullish on crypto investment despite market lull: Survey
24.10.2022
As the crypto winter rages on, new data from BlockFi reveals that women investors are still bullish on crypto, with 22% intending to buy in the next 12 months
Fidelity to beef up crypto unit by another 25% with 100 new hires
24.10.2022
The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson
Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take
24.10.2022
Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path...
Web3 to inject $1.1T in India's GDP by 2032, following 37x growth since 2020
23.10.2022
The explosive Web3 growth in the country is supported by several factors, including a large talent pool, a high adoption rate and product development for global markets
Web3 Ecosystem to Add $1.1 Trillion to India’s GDP by 2032: Report
23.10.2022
India has emerged as a leading global player in the Web3 market, a new report by Nasscom states. Web3 investments in the country grew 37 times from the start of 2020 to Q1 2022 and $1.1 trillion in Web3 economic value is projected to be added to India’s GDP by 2032. India Emerges a Leading...
Fidelity’s Crypto Platform Prepares to Start Offering Ethereum Trading Next Week
22.10.2022
Fidelity Digital Assets, a subsidiary of Fidelity Investments, has informed customers that it will start offering ethereum trading and custody services on Oct. 28. “Investors will be able to buy, sell, and transfer ether, accessing the same operational excellence, robust security,...
Not like China: Hong Kong reportedly wants to legalize crypto trading
21.10.2022
Hong Kong’s securities regulator wants to allow retail investors to invest directly in virtual assets and to reconsider current crypto trading requirements
$4.5T asset manager Fidelity offers ETH custody and trading to clients
20.10.2022
According to an email reportedly sent to clients, Fidelity Digital Assets is offering institutional Ethereum capabilities for their clients starting next week
There were vast discrepancies in crypto markets during Q3: Report
19.10.2022
The total crypto market cap actually increased in Q3 following a series of devastating sell-offs earlier this year
Most institutional investors hold or plan to buy cryptocurrencies: Survey
19.10.2022
A survey on the appetite for digital assets for institutional investors showed that 43% already own digital assets
Digital Asset Investments See $12 Million Inflows as Total Assets Under Management Reaches $25 Billion
18.10.2022
Inflows into digital asset investment products reached $12m last week, marking a strong improvement from the net outflows recorded the week before. Total assets under management (AuM) in crypto investment funds has now reached $25bn....
Read More: Digital Asset Investments See $12 Million Inflows...
Crypto Billionaire Sam Bankman-Fried No Longer Looking to Spend $1 Billion on Political Donations
17.10.2022
FTX CEO Sam Bankman-Fried has made a U-turn on his statement to spend up to or even more than $1 billion in political donations in the run-up to the 2024 United States presidential election.
Back in May, the 30-year-old billionaire said he plans to give “north of $100 million” in the next...
Germany leaves the US behind in top crypto economies in Q3: Report
17.10.2022
The United States, which was the joint top-ranked crypto economy last quarter along with Germany, fell to seventh place in the rankings
Tether reduces commercial paper exposure to zero, replaces investments with T-Bills
13.10.2022
The USDT issuer has faced criticisms for its exposure to commercial paper and, specifically, its alleged holdings of Chinese commercial paper
Grayscale Ramps Up Efforts Against SEC For Rejecting Bitcoin ETF
12.10.2022
Crypto asset management company Grayscale has filed the opening brief in its lawsuit against the U S. Securities and Exchange Commission (SEC), challenging the agency's decision to deny its application to convert the GBTC into a spot Bitcoin ETF.
Grayscale, which has been trying to convert...
Middle East gets physical Bitcoin ETP listed on Nasdaq Dubai
12.10.2022
The Middle East, one of the world’s fastest-growing crypto markets, now offers a new opportunity for direct investment in Bitcoin through the 21Shares Bitcoin ETP
Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils
11.10.2022
Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, signals a change in the EU nation’s positive attitude towards crypto assets. Government...
SEC rejects WisdomTree's application for a spot Bitcoin ETF... again
11.10.2022
Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation
Spanish Crypto ATM Company Bitbase Eyes European and Latam Expansion
11.10.2022
Bitbase, a Spanish cryptocurrency ATM company, is planning to keep expanding its services in 2023. The company, which received investments from Dextools and Woonkly, two Web3-based decentralized companies, aims to reach 200 cryptocurrency ATMs installed in Spain. Bitbase is also working to obtain...