Bahamas-based Deltec Bank & Trust said during a recent video review that it’s holding a “large position” in bitcoin. The information was given by their chief investment officer, Hugo Rogers.…
Continue ReadingAccording to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden…
Continue ReadingFund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the…
Continue ReadingThe Sweden-based XBT provider Coinshares saw roughly $202 million in XBT certificates swap hands on the market’s first day of trading in 2021. Meanwhile, on the same day, the bitcoin…
Continue ReadingFamous investor and Berkshire Hathaway CEO Warren Buffet called Bitcoin “probably rat poison squared” back in 2018. In his 2020 fourth-quarter market letter, financial analyst Bill Miller agreed with Buffett’s description of…
Continue ReadingOver the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday,…
Continue ReadingOn December 31, billionaire investor Mike Novogratz asked his Twitter followers which blockchain coin has the best chance of winning the payments race and offered four choices. Novogratz said there…
Continue ReadingFor many years, the business tycoon Warren Buffet has condemned bitcoin as an investment telling people that the crypto asset is nothing but gambling. Two years ago, just before a…
Continue ReadingOn the heels of the Canadian company Mogo purchasing bitcoin for treasury reserves, the British Columbia-based augmented reality firm Nextech AR Solutions has announced the purchase of $2 million in…
Continue ReadingPersonal finance guru Dave Ramsey has given advice about bitcoin to a man who made over $100,000 by investing just $1,500 in the cryptocurrency. Ramsey repeatedly expressed his doubt that…
Continue ReadingBitcoin derivatives markets have been seeing significant demand in recent months at the same time bitcoin spot markets climbed to all-time price highs and surged 149% during the last three…
Continue ReadingBitgo’s assets under custody have surpassed $16 billion. The company says it is seeing “unprecedented interest from institutional investors,” resulting from the economic impact of the coronavirus pandemic and the…
Continue ReadingOne of the world’s biggest palladium producers, based in Russia, announced that it’s starting the first stage of issuing blockchain-powered tokens to its industrial partners Traxys and Umicore. Palladium Producer…
Continue ReadingLondon-based crypto-payments platform Wirex can now issue Visa accounts and process transactions autonomously, as the firm became a principal member of the payments giant. Crypto Payments Platform Wirex Gets Principal…
Continue ReadingThe U.S. Securities and Exchange Commission (SEC) issued a statement and is looking for public comment toward the custody of digital asset securities that have been handled by special purpose…
Continue ReadingOn December 23, 2020, the Canadian financial tech firm Mogo announced its plans to invest 1.5% of the company’s reserve assets into bitcoin by the year’s end. Mogo’s president and…
Continue ReadingFiguring out the point at which decentralized finance began almost always ends up in a rhetorical debate. Some argue that Bitcoin’s (BTC) invention a decade ago marked the start of…
Continue ReadingDecentralized finance (DeFi) is often characterized as a movement that could unseat traditional banks once and for all — eliminating intermediaries and giving consumers levels of freedom and choice that…
Continue ReadingAfter the San Francisco-based exchange Coinbase announced it was registering with the U.S. Securities and Exchange Commission (SEC) in order to have an initial public offering (IPO), FTX Exchange CEO…
Continue ReadingBitcoin (BTC) has won over a number of mainstream financial gurus in 2020 against the backdrop of a difficult year for the United States economy. Some markets experts, such as…
Continue ReadingIn mid-November, a filing registered with the U.S. Securities and Exchange Commission (SEC) had shown that the investment firm Skybridge Capital may invest in crypto assets like bitcoin. Over a…
Continue ReadingThe president of the National Association of Cryptocurrencies of Venezuela (Asonacrip) praised the recent bull run seen in bitcoin’s prices across the board, which “favors the usability of a very…
Continue ReadingChristopher Wood, the global head of equity at Jefferies, a global financial services company, says the firm will reduce exposure to gold in favor of bitcoin. He adds that there…
Continue ReadingJapan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is…
Continue ReadingFollowing the San Francisco-based cryptocurrency exchange’s initial public offering (IPO) Form S-1 draft registration, reports note that Goldman Sachs will likely lead the IPO. Moreover, the digital currency trading platform…
Continue ReadingCryptocurrency derivatives markets have been seeing significant demand, as daily volumes for bitcoin options crossed $1 billion on December 17, 2020. Most of the record turnover has been taking place…
Continue ReadingHedge fund management firm One River Asset Management has invested $600 million in bitcoin and ether with a plan to increase its holdings to $1 billion next year. The company…
Continue ReadingOn December 17, the internet entrepreneur and political activist Kim Dotcom spoke about bitcoin being a “great asset for storage,” and then further stressed that bitcoin cash was “great for…
Continue ReadingAn increasing number of mainstream financial activities have become blockchain integrated in line with the growing crypto segment. Now tokenized debt markets are entering the space as well. “CoinFLEX has…
Continue Reading2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the…
Continue Reading2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the…
Continue ReadingQuontic Bank is launching a bitcoin rewards checking account with a debit card. Customers can earn 1.5% back in bitcoin on their debit card purchases. “Bitcoin is gaining massive momentum…
Continue Reading2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the…
Continue Reading2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the…
Continue ReadingMassMutual’s $100 million Bitcoin (BTC) purchase shows that the demand for cryptocurrency will be growing further, according to strategists at major investment bank JPMorgan. In an investor note on Dec.…
Continue ReadingTop US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by…
Continue ReadingCryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the…
Continue ReadingA great number of companies have been converting cash reserves into bitcoin during the last few months. At the end of August, the Mediterranean restaurant chain Tahini’s announced the Canadian…
Continue ReadingCryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the…
Continue Reading2020 has been a year unlike any other in terms of dramatic life change. Throughout history, any phases of challenge or uncertainty led to a mass disruption of the traditional…
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