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Miami Going Full Bitcoin: City Supports Efforts to Hold Bitcoin in Treasury, Allow Tax Payments in BTC
12.2.2021
The U.S. city of Miami is going full bitcoin. The city commissioners have voted to support the mayor’s resolution to allow payments in bitcoin for salaries, taxes, and fees. The city also supports efforts to make bitcoin an acceptable currency for potentially investing in the state treasury....
Major Malaysian Bank Kenanga Acquires 19% Stake in a Crypto Exchange
11.2.2021
One of Malaysia’s top investment banks has bought a 19% stake in a local crypto exchange via its private equity arm. The Kenanga Investment Bank announced its inception into the crypto business by investing in Tokenize Xchange. Tokenize Xchange Is One of the Three Malaysian Licensed Crypto...
Bill Miller’s Multibillion-Dollar Hedge Fund to Add Bitcoin Exposure via GBTC
7.2.2021
Billionaire hedge fund manager Bill Miller’s flagship fund will soon be able to add bitcoin exposure by investing in Grayscale’s bitcoin trust (GBTC), according to its filing with the U.S. Securities and Exchange Commission (SEC). The fund currently has about $2.25 billion in assets...
Paypal Launches Business Unit Dedicated To Cryptocurrency
6.2.2021
Paypal is launching a new business unit dedicated to cryptocurrency services, the company chief executive officer Daniel Schulman announced this week. In an earnings call on February 3, 2021, Schulman said the existing financial system is outdated and that his firm will be investing a lot of money...
Fundamental Investing Is Alive and Well in Crypto
5.2.2021
Ironically, digital assets might be one of the best asset classes for true fundamental investment analysis, says our columnist
Bitcoin will likely reach $60K in 2021, says Investing.com analyst
4.2.2021
63%of 800 respondents in the U.K. are planning to buy Bitcoin in 2021, according to a new survey by Investing.com
MicroStrategy will pitch Bitcoin to 1,400 public companies: How will BTC price react?
3.2.2021
MicroStrategy is meeting with public companies tomorrow, on Feb. 4, to talk about Bitcoin and its merit as a store of value
Crypto Fund Manager Charged in $5M Ponzi Scheme, Facing up to 30 Years in US Prison
30.1.2021
A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30 years in prison. Crypto Fund...
Aave’s Founder Angel Invests to Grow DeFi’s Head Start on the Banks
29.1.2021
Stani Kulechov has backed nearly 40 projects in his search for founders who see two or three moves ahead
FTX Exchange Lists WallStreetBets Futures to Capitalize on Investing Movement
29.1.2021
The futures contract is based on a basket of stocks being targeted by WallStreetBets and dogecoin
Report: Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China
28.1.2021
A report from China says as many as 872 lawsuits relating to cryptocurrencies were filed in the past year, a figure which is approximately 20% more than that of 2019. Using data obtained from the China Judgment Document Network (CJDN), the report shows that the province of Guangdong had the highest...
Second-Generation Lending Protocol Lendefi Is Coming for Compound’s Crown
27.1.2021
PRESS RELEASE. Lendefi is a brand-new protocol aiming to provide opportunities such as lending and borrowing, leveraging and investing. Lendefi is an innovative second-generation DeFi lending protocol that allows lenders to earn interest on stablecoin deposits, and for borrowers to obtain...
GameStop Investing Craze ‘Proof of Concept’ for Bitcoin Success, Says Scaramucci
27.1.2021
A campaign by members of a Reddit investor forum have caused GameStop stock to spike to record levels in the last week
Reddit investing group triggers crypto-style 860% rally in GameStop stock
26.1.2021
The recent 860% rally in GameStop’s stock price shows social investing groups’ ability to trigger whipsaw asset volatility is not just limited to cryptocurrencies
Should I Buy Bitcoin? — Switzerland’s Largest Bank UBS Provides Guidance on BTC Investing
25.1.2021
Switzerland’s largest bank, UBS, has published guidance for clients about investing in bitcoin. The bank answers some important questions, such as whether one should buy bitcoin and other cryptocurrencies and whether bitcoin can be used to diversify portfolios. ‘Should I buy’...
Analyst Lyn Alden Says Ethereum Is Still an ‘Unfinished Project’
20.1.2021
A bitcoin (BTC) strategist and investor remain skeptical towards the Ethereum protocol, considering it an “unfinished product.” Lyn Alden, an advisor for the dollar cost averaging BTC investing app Swan Bitcoin, believes the network lacks a concrete model, “other than just...
Dollar-Cost Averaging Crypto Profits: Low-Risk Bitcoin Investing Without All the Stress
17.1.2021
Bitcoin prices and a number of other digital assets have grown significantly in value during the last decade. Some people have made millions and even billions throwing down everything they have during the cryptocurrency’s earliest days of price discovery. However, there’s another method...
Etoro Warns Customers to Brace for Suspension of Crypto Buy Orders due to an ‘Unprecedented Demand’
15.1.2021
Etoro, a trading and investing platform, has warned its customers to brace for possible limitations on their buy orders this coming weekend. The company says it might be forced to take this and other steps if the anticipated and unprecedented surge in demand for cryptos occurs. Unprecedented Demand...
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
'Why I'm not investing in nothing burger Bitcoin': Shark Tank's Kevin O'Leary
13.1.2021
Despite criticizing Bitcoin, the Shark Tank star also said the digital asset could become “something of tremendous value” if regulators were to back it