According to a recent survey by Fidelity Digital Assets, institutional investors, including US pension plans, are increasingly inclined to invest in crypto assets, including Bitcoin. The survey covered various institutional investor segments, including financial advisors, family offices, hedge funds, endowments, foundations, and pension funds. Institutional Investors Dominate Crypto Adoption The survey findings indicate a significant […]
A crypto expert has dropped an information bomb on the crypto community, exposing Market Makers (MMs) for their alleged influence in cryptocurrency price movements. The analyst has unveiled a series of strategies investors can apply to take advantage of this supposed manipulation, highlighting ways to recognize tokens involved with market makers and how to profit […]
Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has expressed optimism about the future of cryptocurrencies in the financial sector. The renowned financial expert has predicted that the crypto industry would experience massive adoption rates, surpassing even that of the internet. Expert Discusses Global Crypto Adoption Appearing on a recent podcast with […]
Bitfinex Securities earlier today unveiled plans to launch a tokenized debt issue to fund the construction of a “Hampton by Hilton hotel complex at El Salvador International Airport.” The issuance seeks to raise a substantial $6.25 million to facilitate the development of this 4,484-square-meter project. Bitfinex Ventures Into El Salvador’s Tourism Sector Bitfinex Securities El Salvador […]
Indonesia’s regulatory agency has issued a new rule that could potentially affect crypto assets in the country. According to local reports, firms must introduce their products to the Financial Services Authority (OJK)’s Regulatory Sandbox. Crypto Assets To Be Tested On Regulatory Sandbox Local reports by news media outlet DetikFinance informed of the new regulatory rule […]
According to a Bloomberg report, Japan is progressing towards enabling venture capital firms and other investment funds to hold crypto assets directly. Prime Minister Fumio Kishida’s administration has agreed to submit a revised bill to implement this change, marking a significant development in the country’s approach to cryptocurrencies. Prime Minister Kishida Backs Crypto Integration Per […]
The Bank of Russia, in its latest report, revealed a concerning rise in financial scams with crypto-related elements in 2023. The number of entities involved in illegal activities, including financial pyramids, allegedly increased by 15.5% compared to the previous year, reaching 5,735 identified cases. Online Scams Skyrocket As Crypto Takes Center Stage The report highlights […]
Hedera, an open-source public distributed ledger network, has announced a five-year partnership agreement worth $250 million with the Saudi Ministry of Investment. Hedera And Hashgraph Launch DeepTech Venture Studio As part of the agreement, Switzerland’s Hashgraph, the company behind Hedera, unveiled the establishment of the DeepTech Venture Studio in Riyadh. This facility will serve as […]
Chris Dixon, Andreessen Horowitz’s crypto founder and general partner, joined CNBC’s ‘Squawk Box’ to discuss his new book ‘Read Write Own: Building the Next Era of the Internet.’ The crypto evangelist examined some of the ideas in the book, including the role of blockchain technology in the future of the internet and a possible path […]
A recent survey conducted by Binance indicates a strong bullish sentiment among European investors despite the recent volatility in the nascent industry. The cryptocurrency market has recently witnessed a significant correction, following the lead of Bitcoin (BTC) and increased selling pressure since January 12. However, the market has shown signs of stability and recovery as […]
In a series of predictions, Ripple’s Senior Vice Presidents (SVPs) Eric van Miltenburg and Aaron Sears foresee a transformative shift in the financial landscape, with traditional finance institutions embracing cryptocurrencies and regulatory alignment taking place. Financial Institutions Embracing Blockchain Eric van Miltenburg, Ripple’s SVP for Strategic Initiatives, foresees a “new era of finance” emerging as […]
A recent study has revealed that the cryptocurrency markets in the United States and Europe remain remarkably robust and are making significant progress, despite facing intense scrutiny and uncertainty in the US market. According to research conducted by Coalition Greenwich and Amberdata, asset managers and hedge funds are increasingly exuding optimism and fervor when it […]