On-chain analyst Willy Woo says Bitcoin (BTC) could increase its market cap by more than 20 times from current levels in the next decade. In a new interview, the on-chain analyst says that Bitcoin cou...
Tag: Asset
$10 Trillion Asset Management Firm Blackrock To Offer Crypto Trading Services
The world’s largest assets manager, BlackRock, is looking to allow its clients to trade cryptocurrencies. The mega asset manager is looking to start its offering with client support trading, before pr...
Kinesis Money Partners with XDC Network and Readies Cross-Chain Bridge To Develop Thriving Digital Asset Ecosystem » CryptoNinjas
XinFin, creators of the XDC Network — a highly interoperable hybrid blockchain platform positioned to support global trade and finance — today announces a partnership with the Kinesis Exchange, a glob...
S&P 500: Here’s The Best Asset To Own When Inflation Strikes
Worried about inflation? You should be — especially if you own the wrong assets and bet against S&P 500 stocks. X And what are the right and wrong assets to own during inflationary times — as we&#...
Binance’s Secure Asset Funds for Users reaches $1 billion valuation!
Binance recently announced that its Secure Asset Fund for Users (SAFU) reached the valuation of $1 billion. The platform had established the emergency insurance fund in July 2018 in order to protect t...
World’s Largest Asset Manager BlackRock to Launch Crypto Trading Services (Report)
The world’s largest asset manager plans to double down on its cryptocurrency engagement by launching such trading services, asserted a new report. This comes a year after the company dipped its toes b...
$10 Trillion Asset Manager BlackRock To Offer Cryptocurrency Trading To Its Clients ⋆ ZyCrypto
Advertisement     A spate of well-known financial institutions and megacorps have announced crypto-related initiatives in recent months, and there are reports that Bla...
Bitcoin Trades More Like Risk Asset Than Inflation Hedge, Says Bank Of America
While Bitcoiners often advertize the cryptocurrency as an anti-inflationary “digital gold,” Bank of America says it trades like nothing of the sort. A recent company report indicates that the crypto a...
$9 Trillion Asset Management Firm Blackrock To Add Bitcoin Trading To Its Services
The world’s largest assets manager, BlackRock, is looking to allow its clients to trade cryptocurrencies. The mega asset manager is looking to start its offering with client support trading, before pr...
Central Bank of Argentina Scrutinizes Companies Offering ‘Extraordinary Returns’ on Crypto Asset Investments – Coinotizia
The Central Bank of Argentina has announced it is making inquiries regarding cryptocurrency investment companies. Specifically, the bank stated they are investigating companies that are offering extra...
Bitcoin Unseats Berkshire Hathaway To Become The World’s 8th most Valued Asset
The pioneer cryptocurrency, Bitcoin, has been showing why it is a trusted investment vehicle in the crypto market. Bitcoin has flipped Berkshire Hathaway in market cap this year, like it did back in 2...
Intraco Agrees to Buy 51% of Digital Asset Platform MHC Singapore
Singapore-listed Intraco (SGX: I06), a trading company, is going to acquire a 51 percent stake in digital asset platform MHC Singapore for a total consideration of around SG$47.2 million, according to...
JPMorgan Asset Management Chief Slams Bitcoin in ‘Maltese Falcoin’ Report
Bitcoin’s lofty valuations are the “stuff that dreams are made of.” So says Michael Cembalest, J.P. Morgan Asset & Wealth Management’s chairman of market and investment strategy, in a report that ...
Crypto Philanthropy Explodes in 2021 As Bitcoin Loses Most-Donated Digital Asset Crown to This Coin: Report
Cryptophilanthropy exploded last year despite a lack of regulation, according to a company that helps nonprofits leverage crypto. The Giving Block says in a new 2021 annual report that their total don...
Diem co-founder asserts Bitcoin will be the No. 1 asset in 20+ years, but sees Solana coming for Ether’s spot ⋆ ZyCrypto
Advertisement     According to David Marcus, the former Facebook executive who also co-founded the Diem stablecoin, Bitcoin will remain the global leader in the crypto...
Crypto Asset Manager Grayscale Launches ‘Future of Finance’ ETF in Partnership With Bloomberg – Finance Bitcoin News
Grayscale Investments has launched its first exchange-traded fund (ETF). The Grayscale Future of Finance ETF “seeks to invest in the companies and technologies shaping the ‘future of finance.’” ...
India’s 30% Proposed Digital Asset Tax is Positive, says CoinSwitch CEO
At 30%, India’s tax rate on income from digital assets is unarguably steep. Ashish Singhal, the Chief Executive Officer and founder of CoinSwitch told CNBC in an interview that this proposed legislati...
a16z-backed TrueFi launches DeFi lending market for asset managers
Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream ad...
‘Bitcoin Is A Superior Form Of Money,’ Says The World’s Biggest Asset Manager—As The Price Of Ethereum, BNB, Solana, Cardano, XRP Falls
Some cryptos enjoyed a small bounce this week, but the “winter” is far from over with prices well below last year’s highs. The price of bitcoin is down 44% from its highs. Ethereum’s price hovers 43%,...
Philadelphia set to develop its digital asset
TL; DR Breakdown Philadelphia is ramping up plans to develop its digital asset The city will partner with CityCoins for the project Mining the token will not cause harm to the environment Last year, t...
Crypto and Digital Asset Investments See Second Week of Inflows
Digital asset and crypto investment products saw inflows for a second week in a row in the new year, albeit a rather weak $19 million. Although small, “it continues to suggest investors are beginning ...
Visa Earnings Report Highlights Surge In Crypto Asset Purchases
Payments technology firm Visa’s latest earnings report shows that spending for crypto assets through its cards has surged in the first fiscal quarter of the year, with over $2.5 billion spent in...
USDC took off as one of the native asset on Flow blockchain
USDC is one of the biggest USD pegged stablecoins in terms of market capitalization. Recently, Circle, the firm behind the stable crypto tokens have launched the cryptocurrency as a native asset on to...
Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet – Bitcoin News
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blo...
Shares of Digital Asset Management Platform Bakkt Correct 90% in Three Months after Launch
While Bakkt faces 90% erosion in its market cap, the company spokesperson confirms that they are well capitalized for their long-term plans. While cryptocurrency prices have plummeted severely over th...
Play-to-Earn Games Introduced to Japan via Digital Entertainment Asset Pte. Ltd. (DEA) and BITPOINT
Place/Date: Tokyo, Japan – February 1st, 2022 at 4:55 pm UTC · 3 min read Contact: Honami Soeda, Source: DEA Singaporean blockchain gaming and entertainment company Digital Entertainment Asset ...
SBI Posted Firm YoY Gains in over Its Asset Management
Strategic Business Innovator Group (SBI) reported its financial results for the nine-month Period Ended December 31, 2021 before consolidation of Shinsei Bank. SBI Holdings is a Japanese firm operatin...
Binance’s Secure Asset Fund for Users (SAFU) Now Valued at $1 Billion
A few years after launching the Secure Asset Fund for Users (SAFU) initiative, Binance has updated it, and its value rose to $1 billion. This comes amid the growing number of hacks and security breach...
How NFTs went from a joke to a legitimate asset class
There is still no shortage of people mocking NFTs as a new digital asset class. The common refrain is all too familiar, “you bought an NFT for $10k? Here, let me screenshot it for free.” The response ...
India’s crypto-survey: Many to invest in the asset class, but only after regulatory clarity
2021 came and went without India getting the much awaited crypto-regulation bill. Now, however, many are hoping that the Budget will provide more details about how the Indian government authorities wi...
American Express Sees Crypto as Asset Class — Says It’s Not a Near-Term Business Threat – Featured Bitcoin News
American Express (Amex) sees cryptocurrency as an asset class, according to CEO Steve Squeri. He added that right now, the firm does not see crypto as an immediate or medium-term threat to its busines...
Kaiko Partners with OANDA to Develop Auditable Crypto Asset Pricing
On January 27, Kaiko, a crypto market data provider, announced a partnership with OANDA, a global forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another ...