Crypto and ‘meme stocks’ shunned by 90% of UK financial advisers
A recent Opinium poll has shown that a majority of British financial advisers are not advocates of crypto investing for their clients. Go to Source Powered by WPeMatico
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Bitwise secures $70M in Series B funding from major Wall Street investors
Bitwise has attracted significant investment from major American institutional investors to the tune of $70 million. Go to Source Powered by WPeMatico
Mike Novogratz-backed firm announces $100M crypto investment fund
Cryptology Asset Group wants to invest $100 million into new crypto and blockchain-focused venture funds. Go to Source Powered by WPeMatico
Andreessen Horowitz Discusses Raising Third Crypto Fund to $2 Billion, Sources Say
In May 2020, back when the crypto economy was still tumultuous from the coronavirus outbreak fears and gloomy global financial outlook, in general, the private venture capital firm Andreessen Horowitz (a16z) revealed the 500 million-dollar “Crypto Fund II.” A report published on May 27 by the tech writer Eric Newcomer indicates that Andreessen Horowitz is … Read more
ECB Vice President Says Crypto Assets Are ‘Not a Real Investment’ Citing Weak Fundamentals
The vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility.” His comments followed massive sell-offs across a broad range of cryptocurrencies. ECB VP Says Crypto Is Not a Real Investment European Central Bank Vice President … Read more
Chinese trade associations sound crypto investment warning
Three associations outlined four issues related to crypto investment beginning with a call for its members to understand the nature of virtual currencies. Go to Source Powered by WPeMatico
Bitrue floats $50M cryptocurrency investment fund
The crypto exchange platform plans to support blockchain startups working on paradigm-shifting use cases for the emerging technology. Go to Source Powered by WPeMatico
Bank of England governor issues crypto investment warning
England’s central bank warns crypto investors to be wary of the risks associated with buying cryptocurrencies. Go to Source Powered by WPeMatico
Thai SEC forced to clarify proposed crypto rules after public backlash
Financial regulators in Thailand may adjust the minimum annual income qualification for crypto investors amid public outrage. Go to Source Powered by WPeMatico
Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’
Over 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, the San Francisco trading platform Coinbase published a study that details how the company helped the firm One River Asset Management make “one of the … Read more
