British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin
British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit. The firm says...
Bitcoin News
Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’
Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven inflation.”...
White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin
Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency,...
Celebrating Upland’s Genesis Week With a Big Bitcoin Giveaway
Upland.me is a blockchain-based game in which users can buy, sell, and trade virtual NFT properties mapped to the real...
Polkadot’s Parachain Vision Materializes Following Successful Kusama Auction
After months of hype around the launch, the first Kusama parachain auction went off without a hitch. The now active...
Kenyan Banks Warn Clients Against Crypto Trading
A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of...
Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional
On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an alternative...
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer...
21shares to Launch Bitcoin ETP for Institutional Investors in the UK
Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in Britain. The platform said...
As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows
Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction...
Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation
Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the...
Asset Managers Could Violate Fiduciary Duty If They Don’t Consider Bitcoin, Says Finance Professor
A professor of finance and business economics at the University of Southern California says that asset managers focusing on growth...
Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate
A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in cryptocurrency assets...
El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal...
While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan
On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in...
