Inflation Concerns Supersede Covid-19: 220 Investors Managing $650B Say Economy’s Biggest Risk Is Inflation

Inflation Concerns Supersede Covid-19: 220 Investors Managing $650B Say Economy's Biggest Risk Is InflationAs mainstream media pundits like the Bloomberg economics editor Peter Coy tell Americans to “tune out the hyperinflation hype,” fund managers from a recent Bank of America survey who collectively manage $630 billion, believe inflation is the biggest risk to markets right now. Instead of the former concern over Covid-19, the current number one risk […]

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Bitcoin Now the Most Crowded Trade – Labeled a ‘Bubble’ in Bank of America Survey

Bitcoin Now the Most Crowded Trade – Labeled a 'Bubble' in Bank of America SurveyAccording to findings of a recent Bank of America (BOA) survey, buying bitcoin has now surpassed tech stocks as the most crowded trade. This new ranking means tech stocks have been relegated into second place for the first time since October 2019. Bitcoin Bubble Ranking Still, a majority of the interviewed fund managers believe bitcoin […]

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Execs Managing $78B in Assets Say Institutional Investors Plan to Allocate More Cryptocurrencies

Execs Managing $78B in Assets Say Institutional Investors Plan to Allocate More CryptocurrenciesNew research from the digital currency insurance firm, Evertas, shows that a surveyed group of investors managing roughly $78 billion in collective assets believes that during the next five years, institutional investors will “dramatically” increase their crypto asset holdings. This week the crypto asset insurance company Evertas published a cryptocurrency survey that included a number […]

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400 Kraken Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020

400 Kraken Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020San Francisco-based exchange Kraken conducted a poll that stems from the responses of 400 “VIP” cryptocurrency traders. Despite the current economic climate, surveyed participants indicate they still believe the cryptoconomy is in a “bull market.” Moreover, Kraken’s survey respondents think BTC prices will touch a new all-time high at $22,866 per coin. Also read: 2x […]

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Hong Kong Regulator Announces New Plans for Cryptocurrency Industry

The Securities and Futures Commission of Hong Kong has announced new plans to regulate the cryptocurrency industry. The regulator issued two circulars on Thursday outlining new rules for crypto exchanges as well as crypto asset portfolio managers, intermediaries, and fund distributors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Regulatory Approach The Hong […]

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Russian Industry Association Launching Crypto Certification Program

Russian Industry Association Launching Crypto Certification ProgramThe Russian crypto industry association is launching a crypto certification program. Applicants will be evaluated and issued a certificate showing their competency level which can be verified on the association’s website. Training will be offered to those that do not score the required number of points. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, […]

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