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Charles Schwab Survey: Young UK Investors Prefer Cryptocurrencies to Stocks
26.4.2021
Major U.S. financial group Charles Schwab has conducted a survey and found that young British investors are twice as likely to buy cryptocurrencies, such as bitcoin, as they are to buy stocks. The company says it is watching the crypto space closely but needs “additional clarity from...
Blockchain Object Storage Company Filebase Raises $2M, Aims to Incorporate Filecoin and Arweave Networks
26.4.2021
Filebase, a blockchain-based object storage company built on top of the Sia network has revealed the business has closed an initial seed round gathering $2 million from investors. Interest in decentralized storage networks has blossomed in recent months and Filebase expects the growth of global...
Dogecoin Investor Becomes Millionaire in 2 Months, Inspired by Elon Musk
25.4.2021
A dogecoin investor has shared his story of how he became a crypto millionaire in a little over two months after learning about the meme cryptocurrency and pouring all his savings into it. He said he was inspired by Elon Musk’s tweets about dogecoin. A Doge Millionaire Shares His Story...
Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea
24.4.2021
The tax department of the Seoul metropolitan government in South Korea has reportedly seized cryptocurrencies worth about $25 million from hundreds of crypto investors with delinquent taxes. The cryptocurrencies, including bitcoin, were seized from three exchanges. The tax authority is now going...
Joe Biden’s Proposal to Double Capital Gains Tax Rate Shakes Financial Markets
23.4.2021
The Biden administration has revealed plans to raise taxes on investors who are millionaires according to a flurry of recent reports. President Joe Biden wants to overhaul the U.S. economy in order to help fund American childcare and education. Biden’s proposal will almost double the current...
‘Black Swan’ Author Nassim Taleb Advises to Stay Out of Bitcoin, Citing No Link to Inflation or ‘Anything Economic’
23.4.2021
The famous author of The Black Swan, Nassim Nicholas Taleb, says investors should not buy bitcoin. To hedge against the current turbulent market, he advises buying stocks or real estate, emphasizing that bitcoin has no connection to inflation or “anything economic.” Nassim Taleb Advises...
Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi
23.4.2021
PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of AU21 Capital...
New Bitcoin ETF Investors To Come Via Dubai
22.4.2021
Source: Adobe/Cara-Foto
While the United States is still awaiting the debut of its first bitcoin (BTC) exchange-traded fund (ETF), the Middle East looks set to beat it to the punch – with a fund in Dubai on the verge of launch.
The issuer will be the Canadian crypto investment manager 3iQ, which...
Institutional XRP inflows surge as AUM nearly doubles
21.4.2021
Institutional investors have rallied around XRP and other altcoins this past week, with nearly $33 million being injected in XRP investment products
Tokemak raises $4M from Framework and DeFi investors to build a ‘liquidity reactor’
20.4.2021
Tokemak plans to become the director for decentralized exchange liquidity
PINT to Tokenize Exposure to the Top Polkadot Initiatives
19.4.2021
As the launch date for parachains nears, a new initiative is constructing a decentralized finance (defi) index token that tracks Polkadot projects aimed at helping investors diversify their holdings through a single instrument. Six Projects Provide Soft Commitments to Join Polkadot Index Network...
Latest Drop in BTC Price Raises Concerns for Investors
19.4.2021
Taking pride as the pioneer of the cryptocurrency industry, Bitcoin recently faced major turmoil as it recorded a startling plunge of 19% in the price value which eventually resulted in the biggest drop ever since February in the crypto cluster. The Bitcoin market faced a loss of over $10,000...
Bank of America Survey: 74% of Fund Managers See Bitcoin as a Bubble
19.4.2021
The most recent Bank of America Fund Manager Survey shows that about three out of four professional investors think that bitcoin is a bubble. The fund managers also rated bitcoin second on the list of the most crowded trades. Recently, investment bank JPMorgan also warned that cryptocurrency as...
Investors' on-chain activity hints at Bitcoin price cycle top above $166,000
17.4.2021
The Bitcoin cycle top would likely come in at price levels above $166,000 per coin if history repeats
Co-Founder of South Africa’s Crypto Index Fund Reveals the Plan to Launch Country’s First Bitcoin ETF
16.4.2021
Earle Loxton, the cofounder of EC10 (formerly DCX Capital) the institution behind the South African crypto index fund, says plans are afoot to launch the country’s first exchange-traded fund (ETF). The ETF is expected to offer South African institutional investors an indirect way of getting...
Chinese investors reboot Iranian Bitcoin mining facility
15.4.2021
A Chinese-Iranian Bitcoin mining facility is set to resume operations after being forced to shut down earlier in the year
Over USD 620M XRP Positions Liquidated While Ripple CTO Educates Investors
15.4.2021
David Schwartz. Source: A video screenshot, Youtube/UNCHAIN Convention
Over the past two days, more than USD 620m worth of XRP traders' overleveraged positions were liquidated, as XRP fans became too optimistic about the recent rally, while David Schwartz, Chief Technology Officer of Ripple...
Nearly 75% of professional investors see Bitcoin as bubble: survey
15.4.2021
Bank of America asked 200 professional investors with $533 billion in assets under management about their opinions on Bitcoin
New 'inverse' Bitcoin ETF now lets investors short BTC price
15.4.2021
The Horizons Inverse Bitcoin ETF (BITI) aims to allow investors to take advantage of Bitcoin price volatility, says executive
Investors File Class Action Lawsuit Before the National Court of Spain Over an Alleged $298M Crypto Scam
15.4.2021
A group of Spaniards filed the first crypto-related class-action lawsuit before the National Court of Spain on an alleged million-dollar scam. The lawsuit targets an individual accused of allegedly scammed over 300 small crypto investors across Spain. Money Stolen Could Amount Up to $3.58 Billion...