Tag: investing

On December 4, 2018, Circle-owned cryptocurrency exchange Poloniex has opened doors to institutional investors on its platform. The crypto exchange announced that it has begun offering institutional accounts to large and small companies. Serving Institutional Clients The new update talks about large and small institutions enjoying the benefits of  “curated selection of crypto asset trading pairs, dedicated support, and robust…

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Social media personalities charge thousands of dollars for video reviews, while research houses accept payments in the digital currencies they’re analyzing, casting a shadow on the transparency of the crypto industry, Reuters uncovered in a November 27, 2018 report. Positive Coverage up for Sale The practice of cryptocurrency issuers buying positive coverage for their digital coins is more common than…

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As per Bloomberg on November 27, 2018, stock market heavyweight NASDAQ is making headway in its plan to offer bitcoin futures. Sources reveal that Nasdaq could list the trading product as early in the next few months. Nasdaq Asks CFTC for Approval The anonymous sources told Bloomberg that Nasdaq Inc is making progress with United States futures regulator – Commodity Futures…

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Bitcoin traders and investors were in for a record-setting month after the pioneer cryptocurrency registered its lowest-ever price volatility since inception, reported MarketWatch on November 5, 2018. Bitcoin Moves to Single Digit Fluctuation Historically, the digital asset has been known to fluctuate by double-digit percentages, but observers witnessed only minor price movements in late-October 2018. The narrow trading range saw…

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A new report has found that 20 percent of hedge funds launched in 2018 have been geared toward investing in digital currencies and tokens. This acts as a testament to investors’ belief in the future value of digital assets despite this year’s demoralizingly painful bear market. 20 Percent of New Hedge Funds are Crypto Funds According to a press release…

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Crypto exchange giant Binance has announced that it will invest more than USD$2.5 million in TravelbyBit, the Australian startup that facilitated the world’s foremost digital currency-friendly airport in Brisbane. In a statement released on October 3, 2018, Binance will work with TravelbyBit to establish a global point-of-sale (POS) payment system, integrating blockchain technology into major airports throughout the world. Facilitating…

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Vision Hill Advisors, cryptocurrency fund managers, carving themselves in the niche, published a report on September 20, 2018, proposing a new framework that could be used as a benchmark within the crypto asset industry. Hedge Fund Manager vs. Independent Investment As users purchasing cryptocurrency are exposing to themselves to an asset class that can either give them triple-digit returns or…

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Over 55 percent of bitcoins currently sit in wallets that have never made an outgoing transaction and have balances upwards of 200 coins, Diar reported on September 17, 2018. Whale-Sized Wallets Dominate the Market Long-term investors are keeping the faith in the king of cryptocurrencies despite the bears market in 2018, a data-crunching report from Diar showed. According to the…

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Eagle-eyed investors are constantly seeking financial instruments that have the potential to generate high returns. Sometimes their investment hopes go up in smoke, alas. Experienced traders will have noticed how the medical marijuana market has exploded – in 2017 record growth for the legal cannabis industry saw total economic output reach $16 billion last year – and could well be…

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Canada’s first and only regulated bitcoin fund has now achieved mutual fund trust status enabling high-net-worth investors to hold bitcoin investments in their registered accounts. The fund includes registered retirement savings plans and tax-free savings accounts, First Block Capital announced in a September 10, 2018, press release. Canada Could Become World Leader in Regulated Crypto Investments First Block Capital, Canada’s…

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