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First Mover Asia: Bitcoin Not Ready to Soar as Investors Await Fed Chair Speech, More Earnings
6.2.2023
ALSO: As crypto prices rise, venture capital into the blockchain space is likely to rise. But will venture firms learn from their past overindulgences in the sector? Bitcoin dips below $23K in early weekend trading before recovering slightly
JPMorgan: 72% of Institutional Traders Surveyed ‘Have No Plans to Trade Crypto’
6.2.2023
A new survey by JPMorgan Chase shows that 72% of institutional traders “have no plans to trade crypto” while 14% plan to trade cryptocurrencies within five years. Institutional traders also expect “recession risk” to have the biggest impact on markets in 2023....
BTC Institutional Investor Forecast for 2023, Musk Makes McDonald’s Promise Again, Kiyosaki Says ‘We Are in Global Recession’ and More — Week in Review
5.2.2023
As the first month of the new year is behind us, things continue to heat up on the world stage in regard to crypto price predictions, social media hype surrounding meme coins like dogecoin, warnings of macroeconomic peril, and more and more political powers attempting to control permissionless...
Tax strategies allow crypto investors to offset losses
4.2.2023
Reporting cryptocurrency when filing taxes can help investors offset their losses
Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Billion
4.2.2023
Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity and it expects to raise an additional $60 million from leading international investors. The latest funding round sees MNT-Halan’s valuation rise to over $1 billion which reportedly makes...
Robert Kiyosaki Discusses Why Gold, Silver, Bitcoin Are Rising Higher
3.2.2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has shared his view on why the prices of gold, silver, and bitcoin are rising higher. Noting that silver is cheap right now, Kiyosaki urged investors to buy a silver coin and start getting richer. Robert Kiyosaki Bullish...
Orbeon Protocol attracts investors with 1400% growth while Stacks and TRON see modest gains
2.2.2023
As Orbeon Protocol (ORBN) has registered a growth rate of 1400% during its presale, investors are putting their money into the project wholeheartedly. Market experts have forecasted that Orbeon Protocol can explode to rise by 6000% in the coming months. On the other hand, Stacks (STX) and TRON...
Ethereum's Shanghai fork is coming — but it doesn't mean investors should dump ETH
2.2.2023
Ethereum’s Shanghai upgrade is tentatively set for March, which means approximately 14% of ETH supply will unlock in the year ahead
Crypto Investors Can Purchase Bankruptcy 'Put Options' to Protect Funds on Binance, Coinbase, Kraken
1.2.2023
Investors can purchase the options to protect their funds on Binance, Coinbase and Kraken for a monthly fee and will receive full payment if the centralized exchanges file for bankruptcy locking up their crypto
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell
1.2.2023
The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated...
82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows
1.2.2023
Asset management firm Devere Group says that 82% of millionaires surveyed have asked their financial advisors about adding cryptocurrencies, such as bitcoin, to their portfolios despite the crypto winter. “Wealthy investors understand that digital currencies are the future of money, and they...
BAYC investors have less than a week to join class action against Yuga Labs
31.1.2023
The new class action lawsuit aims to help BAYC and APE buyers get compensation from Yuga Labs due to the firm allegedly misleading investors
S Korean Police Probe Possible $8m Crypto Scam Targeting Investors Who’d Suffered Losses
31.1.2023
South Korean police are probing a possible $8m crypto scam – after a group of 40 alleged victims complained they were tricked into buying a potentially worthless or non-existent cryptoasset....
Read More: S Korean Police Probe Possible $8m Crypto Scam Targeting Investors Who’d Suffered Losses
Investors Pile Back Into Bitcoin As Bulls Bet Bottom Is In – Where Could BTC Price Go Headed Next?
30.1.2023
Digital asset investment products saw their largest inflows since July 2022, according to the latest weekly fund flows report from crypto intelligence firm CoinShares. $117 million in capital entered the crypto investment product space, with Bitcoin dominating and accounting for $116 million of...
Coinbase Exec Says Institutional Investors Still Into Crypto Post-FTX
30.1.2023
David Duong, the crypto exchange’s head of institutional research, says the collapse of FTX didn’t lead to a pullback from investors
Investors Pump Money Into Crypto Funds Amid Pickup in Market Sentiment
30.1.2023
Bitcoin dominated this week's inflows, accounting for almost all of the $117 million coming in
Institutional Investors Forecast ‘Strong Year’ for Bitcoin — 65% Expect BTC to Hit $100K, Survey Shows
29.1.2023
A new survey shows that institutional investors expect “a strong year ahead for bitcoin” and are confident about the cryptocurrency’s long-term valuation. In addition, 65% of institutional investors surveyed agree that bitcoin could reach $100,000. ‘Strong Year Ahead...
Crypto Association in Turkey Vows to Block Exchanges That ‘Victimize Traders’
29.1.2023
A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence in the industry as a whole. New Entity to Deal With...
Robert Kiyosaki Says ‘We Are in Global Recession’ — Warns of Soaring Bankruptcies, Unemployment, Homelessness
29.1.2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that we are in a global recession. Warning of soaring bankruptcies, unemployment, and homelessness, he noted that there is good news for investors looking for “bargains.” Robert Kiyosaki’s...
Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go
28.1.2023
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations”...