In the past two decades, index and exchange-traded funds (ETF) have become some of the most popular forms of investing because they offer investors a passive way to gain exposure to a basket of stocks as opposed to investing in individual stocks which increases risk of loss. Since 2018, this trend has extended to the …
Continue reading “Just HODL! Bitcoin and Ethereum outperform ‘lower risk’ crypto index funds”
Macro analyst and former Goldman Sachs executive Raoul Pal says he’s expanding his portfolio beyond Bitcoin and Ethereum. In a new interview on Real Vision, Pal says he’s gravitating toward social platforms with strong network effects. ADVERTISEMENT Pal also says he’s devoting some of his net worth to the crypto sports entertainment project Chiliz …
Out of the many routes available to the mass adoption of cryptocurrencies, which includes decentralized finance (DeFi), layer-one protocols, nonfungible tokens and stablecoins, perhaps the simplest and most applicable path for the public at large is the ability to utilize cryptocurrency for everyday purchases with an integrated debit or credit card. 2021 has seen a …
Continue reading “Altcoin roundup: Crypto credit cards could be the missing link to mass adoption”
As the price of Bitcoin returned to more than $32,000 this week, some major firms announced they had increased their exposure to cryptocurrencies through Grayscale’s crypto trusts. According to a Friday filing with the U.S. Securities and Exchange Commission, or SEC, New York-based investment firm Edge Wealth Management currently holds 54,134 shares of Grayscale’s Bitcoin …
Some of the largest crypto fundraisers have taken place over the past 12 months. Here are the largest fundraisers of the year. Cryptocurrency companies are rapidly turning to large investors to fund their business plans through capital investment. The past year has brought large amounts of money into the industry; these are some of the …
Continue reading “FTX, Circle, BlockFi and More: The Largest Crypto Fundraisers of the Year”
Cryptocurrency is conquering the electronic world. Many who appreciate its benefits have quit their main job and devoted themselves to trading. It has long become history that time when trading on stock exchanges was available only to a narrow circle of people, brokers who, buried in piles of securities, monitored the price movement of certain …
Continue reading “A Simple Guide to Exchanging Cryptocurrencies ETH to BTC”
Ruffer Investment Company Limited invested roughly $600 million in Bitcoin (BTC) in November 2020 but sold its exposure in April, while the crypto was still pumping and its price fluctuated between $50,000 and $65,000, profiting more than $1 billion in about five months. According to Ruffer’s year-end review for the 12 months ending June 30, …
Continue reading “Dogecoin, Musk, and $60 million NFT froth: Why Ruffer sold $1bn in Bitcoin”
The French central bank, Banque de France (BOF), recently carried out its fifth experiment on the Central Bank of Tunisia (CBT)’s central bank digital currency (CBDC). According to a statement from BOF, the latest experiment is part of the banks’ joint effort to create conditions that are “conducive to a better inclusion of the Tunisian …
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Binance CEO Changpeng “CZ” Zhao has explained in a recent interview that the company is looking to launch a U.S.-based initial public offering (IPO) in the future. The crypto exchange has been stuck in regulatory crosshairs during the last few weeks and has had issues with payment providers. CZ also noted during his interview that …
On July 22, developers working on the platform Reddit, the social news discussion aggregation forum, revealed that the team was scaling Reddit’s community points program with the Ethereum Layer-2 solution Arbitrum. Currently, Reddit developers are testing the community point tokens on top of the Rinkeby testnet and will migrate to the Ethereum mainnet after testing …
Authorities have arrested a citizen from the United Kingdom who is allegedly connected to a massive Twitter hack in 2020 that compromised over 100 popular accounts. Joseph O’Connor is the fourth person to be charged in connection with the hack, which cracked the Twitter accounts of President Joe Biden, former President Barack Obama, Bill Gates, …
Wall Street giant Goldman Sachs says that investment firms that cater to the wealth of the super-rich are expressing interest in investing in cryptocurrencies. A survey by the investment banking behemoth shows that 45% of family offices from multiple regions want to invest in cryptocurrencies. ADVERTISEMENT Asia-based family offices lead this group with 68% …
JP Morgan is reportedly now allowing wealth management clients to access institutional Bitcoin and crypto funds. Business Insider obtained an internal memo from JP Morgan that indicates the bank’s wealth management clients can now take buy and sell orders for Grayscale Bitcoin Trust, Bitcoin Cash Trust, Ethereum Trust, Ethereum Classic products, and Osprey Funds’ Bitcoin …
The Rangers Protocol has opened its testnet to users aiming to provide an Ethereum Virtual Machine-compatible solution that supports cross-chain contract interoperability. In a Friday announcement, the Rangers Protocol said it had successfully migrated its first Dapp to the testnet which went live on July 19. The project migrated an Ethereum-based lending protocol, BlueStone, to …
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Few things in the cryptocurrency space generate more hype than a new token listing because the prospect of finding a rare 1000x coin continues to be a top goal of many crypto investors. Coin98 (C98) is the most recent example of this phenomenon after the Binance Smart Chain-based decentralized finance (DeFi) solution rallied 1,200% from …
Continue reading “Coin98 gains 1,200% after Binance listing, Ampleforth soars on Aave integration”
