Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial Portfolios

Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial PortfoliosDigital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto holdings and cryptocurrencies represent 12% of the average millennial portfolio. 3 in 4 Digital Currency Investors Have Profited […]

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One in Five Kiwis Bullish on Crypto Investments, New Poll Suggests

One in Five Kiwis Bullish on Crypto Investments, New Poll SuggestsCryptocurrency investing has been rising in popularity among New Zealanders and a fifth of the respondents in a new survey either plan to or have already, put money into digital assets. The poll also found that young Kiwis are more likely to use micro-investing platforms than older generations. Over 20% of New Zealanders Plan to […]

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Crypto CFDs Are Popping Up Like Mushrooms – Here’s Why

Thanks to its high volatility and price momentum, cryptocurrency is an increasingly popular asset class amongst retail day traders. CFDs that track price changes in major tokens make cryptos even more accessible for investors without the steep learning curve that traditionally accompanies cryptocurrencies. Fewer Obstacles Attract Investors to Products That Mirror Cryptos 1-to-1 Over the […]

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Australian Senator Says Cryptocurrency Is Not a Fad — Government Won’t Stand in the Way

Australian Senator Says Cryptocurrency Is Not a Fad — Government Won't Stand in the WayAustralian Senator and Minister of Financial Services Jane Hume said that “cryptocurrency is not a fad. It is an asset class that will grow in importance.” She emphasized that the government won’t stand in the way of crypto investing. “We have to let people make their own decisions,” she said. Australian Government Won’s Stand in […]

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Wells Fargo Gets Into Crypto With Upcoming ‘Professionally Managed’ Cryptocurrency Investment

Wells Fargo Gets Into Crypto With Upcoming 'Professionally Managed' Cryptocurrency InvestmentWells Fargo will soon offer “a professionally managed solution” for cryptocurrency to clients. “We think the cryptocurrency space has just kind of hit an evolution and maturation of its development that allows it now to be a viable investable asset,” said the president of Wells Fargo Investment Institute. Wells Fargo Getting Into Crypto Darrell Cronk, […]

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Asset Managers UBS, Pimco, T. Rowe Price Caution of Cryptocurrency Investing, Expect Strict Regulations

Asset Managers UBS, Pimco, T. Rowe Price, Glenmede Warn About Cryptocurrency Investing, Expect Strict RegulationsA number of asset managers have cautioned about investing in cryptocurrencies, including UBS Wealth Management, Pimco, T. Rowe Price, and Glenmede Investment Management. “We expect more stringent policy and regulatory controls ahead for crypto as it becomes more mainstream,” said UBS. Asset Managers Caution of Crypto Investing A number of asset managers have expressed caution […]

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