Bitcoin Mining Manufacturer Canaan Files for Hong Kong Stock Exchange IPO

Bitcoin Mining Manufacturer Canaan Files for Hong Kong Stock Exchange IPOCanaan Creative Co. Ltd, the Chinese company behind the Avalon lineup of hardware equipment which produces ASIC mining chips and rigs, has officially submitted a listing application to Asia’s third-largest equities market – the Hong Kong stock exchange. Also Read: HTC to Launch Its Own Cryptocurrency-Focused Smartphone, Exodus $1 Billion IPO Canaan posted a preliminary prospectus […]

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Deutsche Bank’s Wealth Management Arm Advises Against Buying Bitcoin

TheMerkle Deutsche Bank Bitcoin ivnestingCryptocurrency users have no love lost for financial institutions. This is especially true when it comes to Deutsche Bank, which is considered by many to be “too big to fail”. It now seems the bank’s Wealth Management arm is advising users not to invest in any cryptocurrency, especially not in Bitcoin. There are a lot of issues associated with these markets, including the high volatility, price manipulation, and even data theft. It’s a very interesting development, even though it remains to be seen if people will pay any attention to this warning. Deutsche Bank Still Doesn’t Like Bitcoin For as long

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Japanese Investors Increasingly Switching From Traditional FX Trading to Bitcoin

Japanese Investors Increasingly Switching From Traditional FX Trading to BitcoinA growing number of Japanese retail investors are switching from leveraged FX trading to leveraged cryptocurrency trading, thus driving the crypto market, according to a recent Deutsche Bank’s research. Operators of Japan’s largest FX platforms are launching their own crypto exchanges, offering leverage of up to 25x. Also read: South Korea Clarifies Position After Reports of […]

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