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Mark Cuban officially backs Polygon
25.5.2021
The Ethereum-based scaling solution recently appeared on the Mark Cuban Companies website, seemingly affirming his investment in the project
Gold hits four-month high following crypto crash
25.5.2021
Spot gold last week hit its highest price level since Jan. 8 after dipping to as low as $1,680 in early March
‘I’d rather Bitcoin over bonds’: Billionaire investor Ray Dalio
25.5.2021
Billionaire investor Ray Dalio believes Bitcoin is a better buy than bonds
HSBC Won’t Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer Cryptocurrency Investments
24.5.2021
HSBC has confirmed its bitcoin and cryptocurrency stance as a growing number of major banks are beginning to offer crypto services. CEO Noel Quinn says that HSBC views bitcoin as an asset class rather than a payments vehicle but the bank is not rushing into providing cryptocurrency investments...
South Korean Governor Becomes the First Politician to Disclose Publicly His Cryptocurrency Holdings in the Country
22.5.2021
Regardless of the political turmoil that arose in South Korea due to the crypto-related regulations, a leading politician had come forward to reveal that he had made investments in virtual currencies publicly. Won Hee-ryong, the Governor of Jeju Island, unveiled that he invested in four different...
Stock Guru Jim Cramer Thinks Crypto Crash Will Benefit Stock Markets
21.5.2021
Jim Cramer, otherwise known as the ‘stock guru,’ has weighed in how the latest cryptocurrency market correction can affect the stock markets. Cramer thinks this contingency will benefit stock markets, with some investors taking profit and moving them to less volatile, less transient...
Green Investments Help Bitcoin Miners Amid Possible Regulatory Crackdown
20.5.2021
Regulators have been moving into multiple areas of the crypto industry, and they will – in one way or another – come after crypto mining powered by non-renewables, according to two miners that talked with Cryptonews.com.
However, as the concerns, facts, and misinformation over Bitcoin (BTC)’s...
Election Candidates in Russia to Disclose Crypto Investments, New Bill Suggests
20.5.2021
A new bill obliging candidates running for election in Russia to declare their spending on digital assets has hit the floor of the State Duma. According to the draft, Russian politicians will be required to disclose details about every crypto purchase they and their families make, if the total...
‘Long Bitcoin’ chosen as most crowded trade in latest BofA survey
18.5.2021
Bank of America noted that trades identified as "crowded" have historically been associated with incoming market tops
MicroStrategy buys the dip, acquires $10M in Bitcoin
18.5.2021
CEO Michael Saylor has used the latest price correction as an opportunity to load up on more BTC
Ethereum-based DeFi platform DeversiFi raises $5M in strategic investments
18.5.2021
The investment round was led by ParaFi Capital alongside Defiance Capital, Lightspeed Venture Partners, Blockchain Ventures, Fenbushi Capital, OKEx, StarkWare and Longhsh Ventures. Angel investors from Synthetix, Aave and Enzyme also participated
Shiba Inu Crypto Investors Turn Multimillionaires After Almost Jobless, Relying on Stimulus Checks
17.5.2021
Two brothers have shared the story of how they became millionaires after investing in Shiba Inu, the cryptocurrency nicknamed “dogecoin killer,” for just under two months. Before the investment, the covid-19 pandemic almost killed their business, and the government’s stimulus...
Bitcoin still on track to $100K despite growing risks, says strategic investor Lyn Alden
15.5.2021
Strategic investor Lyn Alden's outlook on Bitcoin remains bullish despite growing risks
Investment Bank Cowen to Help Institutions Seamlessly Put Cryptocurrencies in Their Portfolios
14.5.2021
Investment bank Cowan, founded in 1918, is launching a cryptocurrency service in partnership with Standard Custody & Trust Co. to help institutional clients “seamlessly secure, access and leverage cryptocurrencies and digital assets in their portfolios.” Cowan’s CEO said:...
Bitcoin whale MicroStrategy buys additional 271 BTC
13.5.2021
CEO Michael Saylor disclosed the $15 million BTC purchase on Thursday
Bitcoin is durable, says BlackRock's Rick Rieder
13.5.2021
The chief investment officer seemed to be unmoved by Elon Musk's announcement yesterday, but still highlighted some challenges Bitcoin will likely face
SEC to Scrutinize Funds Invested in Bitcoin Futures
12.5.2021
The U.S. securities watchdog has announced it will scrutinize mutual funds that include investments in bitcoin futures markets to verify funds that comply with the Investment Company Act. The institution warned about the dangers of investing in bitcoin futures markets due to the implicit volatility...
Major Brazilian crypto asset manager secures $26M funding
12.5.2021
Coinbase and SoftBank have participated in a $26 million funding round for Latin America’s largest crypto asset management firm
Switzerland’s Largest Bank UBS Mulls Over Cryptocurrency Services
11.5.2021
Swiss investment bank UBS Group is reportedly exploring offering cryptocurrency services to its wealthy clients. UBS joins a growing list of major investment banks that are either already offering or planning to offer crypto investments to their clients, including Morgan Stanley, Goldman Sachs,...
Swiss banking giant UBS to reportedly offer rich clients crypto investments
10.5.2021
Crypto investment offerings for wealthy clients will be limited to a small fraction of their portfolios due to the volatility of the asset class, sources say