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US Global Investors bought crypto exposure through Grayscale funds
30.8.2021
The investment firm already has significant exposure to gold, minerals, precious metals, petroleum, and other natural resources
Latin America Sees Fintech Boom, and Global Investors Love It
30.8.2021
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Latin America'sFfintech sector is booming lately, and global investors are taking notice of it and investing accordingly. Data shows that over 7 billion USD were invested into financial...
Dogecoin Scam Investigated in Turkey After Founder Allegedly Stole 350 Million DOGE From Investors
29.8.2021
Turkish police have launched an investigation into a dogecoin investment scheme that has allegedly duped 350 million dogecoins from about 1,500 investors. Dogecoin Scheme Dupes Investors in Turkey The chief public prosecutor’s office of Küçükçekmece, a suburb of Istanbul...
Mad Money’s Jim Cramer Recommends Putting up to 5% of Portfolios in Crypto
26.8.2021
The host of CNBC’s “Mad Money” show, Jim Cramer, has recommended putting up to 5% of portfolios in cryptocurrency. Stating that he owns ethereum directly, Cramer affirmed that he is a believer in crypto. Jim Cramer’s Crypto Allocation Advice Mad Money host Jim Cramer...
DeFi TVL hits a record $157B as Ethereum competitors attract investors
26.8.2021
Interoperability-focused projects that offer cross-chain bridges and lucrative liquidity mining pools are seeing an influx of funds right as DeFi’s TVL hit a new all-time high
DeFi Adoption Driven By Seasoned Traders, Investors From High-Income Countries - Report
25.8.2021
Decentralized finance (DeFi) adoption has been primarily driven by experienced cryptocurrency traders and investors which explains why its adoption is more visible in high-income countries which benefit from established cryptocurrency user bases, according to a recent report by blockchain analysis...
Institutional investors bet big on Solana while BTC outflows persist
24.8.2021
Solana represented one-third of total inflows to institutional crypto investment products this past week
American investors inclined to buy crypto with credit card, new study reveals
20.8.2021
Out of the 1,000 respondents, 21% plan to take on consumer debt for buying cryptocurrency while more than 20% have decided to use either their bank savings or refinancing homes
Bitcoin's Battles: Volatility to 'Drive Investors to Gold', Ethereum to 'Dethrone' It
20.8.2021
Bitcoin (BTC) volatility could drive investors back to gold, predicts Jake Klein, Executive Chairman of Australian gold mining company Evolution Mining. In the meantime, the price of ethereum (ETH) could skyrocket and potentially exceed the value of the top cryptocurrency within the next five...
‘Nerve-wracking’ Wait for S Korean Crypto Investors, 70% of Crypto Firms’ Sites Down
19.8.2021
Fear appears to be taking hold of crypto investors in South Korea, with just over a month before key regulations come into force, exchanges seemingly woefully underprepared for a raft of new policing measures – and the majority of registered crypto companies’ websites offline or inaccessible.
As...
Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial Portfolios
19.8.2021
Digital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto holdings and cryptocurrencies represent 12% of the average millennial portfolio....
Kenyans Cautioned Against Investing in BTC Company Promising Returns of 400% in Six Hours
18.8.2021
A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin trading company. The warning was issued after the regulator noted Fxbitinvest’s use of exaggerated return-on-investment promises to lure...
Ethereum, Bitcoin, Cardano Are Most Popular Cryptocurrencies in Singapore: Study
17.8.2021
A new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto Investors Prefer Ethereum, Bitcoin, Cardano The new 2021 State of Crypto in Singapore,...
Galaxy Digital backs $50M funding round for crypto staking outfit Figment
16.8.2021
The crypto staking service platform is now worth over $500 million and could be looking to expand staff strength and business operations
Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects
15.8.2021
As buying a home is by itself a serious investment, homeowners often lack the cash to fund further improvements to their property. While traditional bank loans are not as easily available, a new partnership now offers crypto holders to use their digital assets as collateral and instantly borrow...
Kimchi ‘Bonus’ Is Back as Korean ‘Ant’ Investors Return to the Market
14.8.2021
South Korean investors are returning to the markets after weeks of inactivity, data has shown. But the kimchi premium has flipped on its head again for the first time in two years – resulting in a small “kimchi bonus,” and slightly lower bitcoin (BTC) and altcoin prices on most major...
Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
13.8.2021
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help...
Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria
13.8.2021
Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides...
Central Bank of Argentina President Hints at Possible Regulation of Bitcoin in Payment Systems
12.8.2021
Miguel Pesce, president of the Central Bank of Argentina, hinted at some kind of regulation coming for bitcoin transactions soon. Yesterday, In a digital financial conference, Pesce also stressed that the bank was working to find effective ways of warning novice investors about the dangers...
Investors Pour Billions in Crypto & Blockchain as Bets Get Bigger
12.8.2021
Despite the number of deals dropped, in the first half of this year, total global investments in blockchain and cryptoassets more than doubled the amount injected in these industries in the whole of 2020, reaching USD 8.7bn and soaring past the previous annual record posted in 2018, at USD 7.2bn...