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Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warnings by Regulators
20.7.2021
Investment advisor and former Prudent Bear Fund manager David Tice has warned about investing in bitcoin. Citing “negative statements” by central bankers and regulators, such as the Bank of England, he said that it is “very dangerous to hold” bitcoin today. Investment...
Youtube Superstar KSI ‘JJ’ Says He Made Then Lost Millions Investing in Bitcoin
17.7.2021
Youtube superstar and rapper KSI, also known as JJ, has shared that he made millions of pounds investing in bitcoin and “lost it all” when the market “crashed.” Nonetheless, he still believes that bitcoin is the future and “eventually you’re going to get...
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
Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused Microstrategy
12.7.2021
Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins. Capital International Investors (CII) informed the SEC in a filing dated July 12 that it has purchased shares...
US Senator Invests in Bitcoin and Ethereum via Grayscale
11.7.2021
U.S. Senator Patrick Toomey has declared investments in Grayscale’s bitcoin and ethereum trusts. His declaration shortly followed one by fellow congressman, U.S. Representative Barry Moore, who declared that he had invested in dogecoin, ether, and cardano. Senator Pat Toomey’s...
11% of Central Bankers Consider ‘Cryptocurrencies Like Bitcoin’ Gold Alternatives: UBS Survey
9.7.2021
A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency being an uncorrelated asset and “11% would consider it as an alternative to gold.” Central Bankers See Benefits in Investing in Cryptocurrencies Like...
$55 Billion Hedge Fund Firm Marshall Wace Planning Investments in Crypto Sector
6.7.2021
Hedge fund firm Marshall Wace, with $55 billion in assets, is reportedly gearing up to launch a portfolio investing in the crypto sector. London-headquartered hedge fund firm Marshall Wace is planning investments in the crypto sector, the Financial Times reported Tuesday. Founded by Sir Paul...
Bank of Russia to Study Risks of Crypto Investing With Banks and Payment Providers
3.7.2021
The Central Bank of Russia (CBR) has set out to examine the risks associated with cryptocurrency investments. The regulator is going to conduct a dedicated study with the participation of major banks and payment processors operating in the Russian market. CBR Adds Crypto to Its Survey Program...
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...
Financial Advisor Survey: 26% Plan to Recommend Cryptocurrencies Over Next 12 Months
1.7.2021
A recent survey of financial advisors and their investing strategies shows “a significant shift to embracing cryptocurrencies.” More than 26% indicated that they plan to increase their recommendation of cryptocurrencies over the next 12 months. Furthermore, 49% of advisers said that...
tZERO to tokenize $18M of stock for the ‘Robinhood of real estate investing’
1.7.2021
Around $18 million worth of NYCE’s common shares will be tokenized and supported for secondary trading on tZERO’s security token trading platform
How SPACs & Bitcoin Disrupt Common Wisdom Of Investing
27.6.2021
Daniele D'Alvia, Teaching Fellow in Banking and Finance Law, Queen Mary University of London.
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What do Taylor Swift’s record company and Asian “superapp” Grab have in common? They are both part of Wall Street’s recent dealmaking fad: special purpose acquisition companies (SPACs).
SPACs...
Norwegian Financial Regulator Cautions About Bitcoin Investing as Price Tumbles
24.6.2021
The Financial Supervisory Authority of Norway (Finanstilsynet) has cautioned investors about investing in cryptocurrencies as the price of bitcoin plunged Tuesday. “There is a strong need for a legal framework and investor protection if cryptocurrency is to be able to become a suitable form...
Crypto-Powered Investing App SimpleFX Launches $50,000 “Euro 2021 Trading Cup”
18.6.2021
Are you a crypto trader looking for a fun opportunity to earn more returns or a soccer fan who wants to add some excitement during the Euro Cup? Great news, crypto-powered investing app SimpleFX launches a trading contest with a $50,000 prize pool. The SimpleFX Euro 2021 Trading Cup SimpleFX is...
Mark Cuban Hit by Iron Finance Token Crash, Calls for Defi Regulation
18.6.2021
Billionaire investor and Shark Tank star Mark Cuban has called for cryptocurrency regulation focusing on decentralized finance (defi) and stablecoins after a token he invested in collapsed from $64 to near zero. Cuban Wants Defi and Stablecoin Regulation After Investing in Collapsed Token...
Finance Guru Suze Orman Likes Bitcoin Despite Regulation, Elon Musk Effect
16.6.2021
Personal finance guru and best-selling author Suze Orman has given advice on how to invest in bitcoin. She likes the cryptocurrency as a long-term investment despite regulatory uncertainty and the influence Tesla CEO Elon Musk seems to have on the bitcoin market. Suze Orman’s Bitcoin...
One in Five Kiwis Bullish on Crypto Investments, New Poll Suggests
15.6.2021
Cryptocurrency investing has been rising in popularity among New Zealanders and a fifth of the respondents in a new survey either plan to or have already, put money into digital assets. The poll also found that young Kiwis are more likely to use micro-investing platforms than older generations....
Nifty News: Porsche enters NFT sector, Mark Cuban keeps investing, and Chainlink-powered NFTs
15.6.2021
Porsche announces NFT subsidiary, Chainlink oracles unlock special NFT content, and Mark Cuban continues to invest millions into companies targeting nonfungibles
SEC and CFTC Caution Investors About Funds Trading in Bitcoin Futures
13.6.2021
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have warned investors of the risks of investing in funds with exposure to bitcoin futures. The SEC published an investor alert on funds trading in bitcoin futures Thursday. The alert comes from...
Bank of Namibia Warns Crypto Traders It ‘Will Not Entertain Complaints’ if They Get Scammed
12.6.2021
The Bank of Namibia (BON) has warned individuals investing in cryptocurrencies that it will not entertain their complaints should they get scammed. The institution argues that since its mandate does not currently cover digital currencies, it lacks the “legal power” to follow up on such...