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CEX.IO LOAN Experiences Massive Institutional Demand With Over $100 Million of Loan Requests
1.2.2021
PRESS RELEASE. Crypto-backed lending service CEX.IO LOAN that launched in October 2020 in select global jurisdictions, has been experiencing major demand, receiving over $100 million worth of loan requests to date. While the service has been widely popular among retail investors, most of...
MGM, Winklevoss Twins to Make Movie About Reddit’s GameStop Investors Taking on Wall Street
1.2.2021
MGM has acquired the movie rights to a book proposal known as "The Antisocial Network" by New York Times best-selling author Ben Mezrich
Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend Could ‘Take Down the System’
31.1.2021
The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these short squeezes continue it could “snowball through the market.”...
Fidelity Optimistic About Bitcoin Regulation Under Biden Administration — Sees Strong Institutional Demand
31.1.2021
Fidelity Digital Assets President Tom Jessop has shared his view on the future of bitcoin and cryptocurrency regulation under the Biden administration. He confirms that Fidelity is seeing strong demand for bitcoin from institutional buyers. Fidelity Digital Assets’ Head Optimistic About...
India’s Proposed Ban of ‘Private’ Cryptos Has Many of the Nation’s Investors Nervous
30.1.2021
The move is bound to make potential and current crypto investors outside the country uneasy as well
Crypto Fund Manager Charged in $5M Ponzi Scheme, Facing up to 30 Years in US Prison
30.1.2021
A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30 years in prison. Crypto Fund...
The Small Guys Rebel Against their Big Brother Hedge Funds
30.1.2021
What the GameStop stock market chaos can teach crypto and why the Bank of International Settlements is pitching central bank digital currencies (CBDC) instead of crypto. Also the privacy concerns around China’s digital yuan
All Over the World, Small Investors Jump Into the GameStop Frenzy
29.1.2021
The world is watching U.S. markets with great interest, and more than a little FOMO, as Reddit investors continue to test their might against Wall Street. It all started when retail investors on the Reddit community wallstreetbets began pumping the price of U.S. video game retailer GameStop’s (GME)...
Voyager Reports Multiple ‘Service Disruptions’ After Encouraging Users to Trade Dogecoin
29.1.2021
Angry users are taking to Twitter, putting the platform in the DOGE house
Irish central bank governor says crypto investors could lose all their money
29.1.2021
Despite being worried about consumer protection, the central banker is confident that Bitcoin is no threat to financial stability
Gemini Survey Finds Over 40% of UK Crypto Investors Are Women
29.1.2021
The survey data shows that cryptocurrency investing is becoming more diverse, said Gemini in its new trends report
Retail Investors Flock to Coinbase While It's Preparing For a Direct Listing
29.1.2021
Source: Instagram, Coinbase
As popular trading platform Robinhood run into troubles, retail investors who are looking for new ways to trade, seem to have set their eyes on the US-based crypto exchange Coinbase, while the company is preparing for a direct listing.
There is now a reason to believe...
BIS Chief Banker Criticizes Bitcoin as Inherently Risky, Says BTC Vulnerable to 51% Attack
29.1.2021
Bank for International Settlements (BIS) general manager Agustin Carstens has criticized bitcoin saying the asset was inherently risky and “increasingly vulnerable” to a 51% attack. A long time bitcoin (BTC) skeptic, Carstens stressed that only central banks should be issuing digital...
US Man Sentenced to Prison for Embezzling $20M of ICO Investors’ Funds
27.1.2021
San Francisco-based Jerry Guo represented himself to clients as an ICO consultant, then embezzled funds now worth over $20 million
Market Wrap: Bitcoin Slips to $30.8K While Investors Plow BTC Back Into DeFi
26.1.2021
Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month
Glassnode predicts BTC break-out as investors refuse to realize losses
26.1.2021
Despite on-chain metrics indicating Bitcoin investors will soon face losses, Glassnode believes BTC is ready to bounce
JP Morgan Gives 3 Reasons to Add Bitcoin to Investment Portfolios
26.1.2021
JP Morgan has outlined three key reasons why investors should add bitcoin to their investment portfolios. Small allocations to cryptocurrencies would “improve portfolio efficiency due to high returns and moderate correlations,” JPMorgan’s analyst explained. JP Morgan Sees Benefits...
More Institutional Investors Are Buying Ether, Seeing It as a Store of Value
25.1.2021
The ether rally appears to be more organic and driven from within the crypto industry
Big Investors Stacked up Ether as Price Rose to Record High
25.1.2021
Strong hands backed ether's rally to record highs, on-chain data suggests
Bank of Singapore Says Cryptocurrencies “Could Replace Gold as a Store of Value” but Unlikely to Displace Fiat Currencies
25.1.2021
A new research note released by the Bank of Singapore (BOS) suggests that cryptocurrencies are more likely to replace gold as a store of value. However, the note says it is unlikely that such digital currencies can replace fiat currencies even as their appeal grows. Inefficient Unit of Exchange...