January 27, 3:30 am
|Financial Advisors See Strong Interest in Crypto — 90% Receive Inq...|
A new survey shows that interest in cryptocurrency remains strong among financial advisors' clients. 'Despite market performance, the most common question was: 'Should I consider an investment in crypto?'' the survey results reveal.Financial Advisors Bullish About Crypto Long Term
Crypto asset manager Bitwise Asset Management published a report titled 'Bitwise/Vettafi 2023 Benchmark Survey of Financial Advisor Attitudes Toward Crypto Assets' on Tuesday. This is Bitwise's fifth annual study conducted in collaboration with Vettafi, an exchange-traded fund (ETF) platform.
The survey was conducted between Nov. 25, 2022, and Jan. 6, 2023, with the participation of 491 financial advisors, including independent registered investment advisors, broker-dealer representatives, financial planners, and wirehouse representatives from across the U.S. According to the survey findings:
Despite the sharp market correction of 2022, financial advisors remain highly engaged in crypto markets, with 15% allocating in client accounts and 90% receiving inbound questions from clients about the space.
'The survey is a reminder that crypto is one of the best business development opportunities in the financial advisor market,' said Bitwise's chief investment officer, Matt Hougan.
The majority of respondents ...
December 24, 6:30 am
|Samsung Is Investing More Than $35 Million in Latam-Focused Metaverse In...|
Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to help the brand attract and connect with younger audiences, as part of its digital push and growth marketing strategy.
Samsung's Metaverse Push in Latam
December 17, 11:05 am
|60% of Americans Believe Crypto Investing is Highly Risky (Survey)|
CNBC's 'Your Money Survey' estimated that 60% of the American participants consider the risk of investing in cryptocurrencies to be high.
Just 5% of the respondents believe it is entirely safe to allocate some wealth to the asset class.
Crypto Looks Riskier to Americans
The decline of the cryptocurrency market, as well as the various adverse events...
December 14, 3:08 am
|Investing Retirement Funds in Bitcoin Remains a Good Idea: Senator Lummi...|
The Republican Senator Cynthia Lummis remains unfazed by the ongoing bear market, saying Americans should feel safe investing their retirement savings in bitcoin.
The politician is among the biggest advocates of the primary cryptocurrency and is even a HODLer.
'Bitcoin is Different'
The turmoil in the world of crypto, the numerous bankruptcies, the...
November 27, 10:01 pm
|Investing in Bitcoin Still Makes Sense, Says Tom Lee|
Fundstrat's head of research - Tom Lee - remains a bitcoin bull and believes the asset could serve as a proper investment tool for certain investors.
He added in a recent interview that the entire crypto industry had a horrific year, but he expects the upcoming 2023 will not be the same.
2022 has indeed been a bad year for crypto, with 'bad' being...
November 08, 12:30 pm
|Brazilian Tax Authority RFB Registers New Record of Almost 1.5 Million B...|
The Brazilian Tax Authority RFB registered a new record in the number of Brazilians that invested in crypto, in the month of September. The institution informed through its monthly reports that almost 1.5 million people had purchased crypto during Sept. The number of crypto investors in Brazil increased since August when a little more than 1.3 mill...
November 04, 10:18 pm
|Circle Starts Investing in BlackRock-Developed Reserve Fund|
The issuer of the stablecoin USDC - Circle - announced investing in the Circle Reserve Fund to manage a portion of the USDC reserves.
The SEC-registered fund was set up by BlackRock, and its portfolio will consist of cash and US Treasury funds.
Circle Reserve Fund
The government money market fund was created in partnership with the asset manager. A...
November 04, 5:57 pm
|Why FTX Passed On Investing in Twitter: SBF|
FTX CEO Sam Bankman-Fried (SBF) broke down his decision to pass on investing in Twitter at the Forbes Iconoclast Summit on Thursday.
Though excited about Elon Musk’s plans, the young billionaire believed his company had little to contribute to help them manifest.
Nothing to Offer
As SBF summarized over Twitter on Thursday, his company’s...
November 03, 7:30 pm
|Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Inve...|
On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says 'investing in cryptocurrency assets can be high risk.' Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm's mobile and online banking services.Santander UK Limits Crypto Exchange Trans...
September 26, 11:00 pm
|Why Investing In Terra Classic (LUNC) May Be A Bad Idea|
The value of Terra Classic (LUNC) had plunged to below zero following the largest crash ever seen in the crypto space. The cryptocurrency had refused to ‘die’ and has instead found favor among crypto investors who are trying to make a quick buck from the highly volatile cryptocurrency. However, even with multiple pumps, investing in LUN...
September 21, 1:30 am
|Guggenheim's Scott Minerd Discusses 'Greatest Investing Opportunity'&mda...|
The chief investment officer of asset management firm Guggenheim, Scott Minerd, says that the current market has delivered 'the greatest investing opportunity of a generation.' He also warned about some investments that he expects to decline further. Guggenheim's Scott Minerd on 'the Greatest Investing Opportunity of a Generation'
The chief investm...
September 13, 11:30 pm
|Justin Trudeau Slams Pierre Poilievre for Telling People They Can 'Opt o...|
Canadian Prime Minister Justin Trudeau has slammed Pierre Poilievre, the new leader of the Conservative Party of Canada, for telling people that they can 'opt out of inflation' by investing in cryptocurrencies. Trudeau claims that his Conservative rival's crypto advice is not 'responsible leadership.'Justin Trudeau Calls Pierre Poilievre's Crypto A...
August 13, 10:30 pm
|Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reitera...|
It is illegal to buy or sell cryptocurrency in Iran, the head of the country's monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrencies and using them in payments for imports is not against the law in the Islamic Republic.Top Banker Confirms Crypto Trading Still Illegal in Iran
July 11, 3:00 am
|'Wolf of Wall Street' Jordan Belfort Says He'd Be Shoc...|
Jordan Belfort, aka the Wolf of Wall Street, says if you take a three, four, or five-year horizon, he would be shocked if you didn't make money investing in bitcoin because the underlying fundamentals are really strong.
The Wolf of Wall Street Shares Bitcoin Outlook
Jordan Belfort, aka the Wolf of Wall Street, recently shared his outlook for bitcoi...
June 22, 1:35 pm
|CEX.IO: Investing in Crypto with Staking and Savings|
As cryptocurrencies continue to gain mainstream adoption, many people are looking for ways to join and benefit from the market. Although day trading is the most common way to make money with digital assets, there are many other money-making opportunities in the crypto space that users can leverage if they know where to look.
For instance, users cou...
June 21, 11:30 pm
|Elon Musk Discusses Crypto Investing, Dogecoin Support, 'Unresolve...|
Tesla and Spacex CEO Elon Musk has shared his views on a variety of topics, including crypto investing, why he supports the meme cryptocurrency dogecoin, 'unresolved matters' in his Twitter takeover bid, and the likelihood of a near-term U.S. recession.Elon Musk on Crypto Investing
Tesla CEO Elon Musk shared his thoughts on a wide range of topics i...
June 21, 12:42 am
|Central Bank of Taiwan Warns Investing in NFTs Could Be Dangerous (Repor...|
The Central Bank of the Republic of China (Taiwan's central banking institution) reportedly warned that the non-fungible token (NFT) sector is full of fake transactions. As such, it advised investors to beware when dealing with such digital collectibles.
Investing in NFTs Hides Risks
According to a recent report by the Taiwan News, the nation's cen...
June 14, 5:00 pm
|Ranked Wall Street Analyst, Founder of altFINS, Democratizes Crypto Inve...|
The Fair token launch gives its community an equal opportunity to participate in lieu of easy upfront cash from private sales or pre-sale.
AFINS fair launch manifesto
Richard Fetyko is the CEO and Founder of altFINS, the best crypto trading analytics platform. He worked 14 years on Wall Street in Equity Research at several investment banks.
June 10, 2:00 am
|Mad Money's Jim Cramer Offers Advice on Cryptocurrency Investing|
The host of Mad Money, Jim Cramer, has some advice for cryptocurrency investors. 'I would never discourage you from buying crypto,' he said, adding that he himself owns ethereum.Jim Cramer's Advice on Crypto Investing
Jim Cramer, the host of Mad Money, gave some advice regarding cryptocurrency investing on CNBC Make It Wednesday. Cramer is a former...
June 03, 2:30 am
|NY Attorney General Warns About Investing in Crypto Market — Says ...|
New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is 'extremely unpredictable' and 'unstable,' noting that the market 'reached record lows' last month.NY Attorney General Warns About Cryptocurrency
New York Attorney General Letitia James issued a warning about investing in cry...
May 07, 12:30 pm
|Survey: Almost Three out of Four Argentinians Are Willing to Purchase Cr...|
A new survey, whose results were released earlier this week, has given more insight into how Argentinians view cryptocurrencies and how they might put them to use. The survey found out that eventually, almost three out of four citizens would purchase cryptocurrency to invest, or as a way of preserving buying power.
Argentinians Familiar With C...
April 30, 3:30 am
|Former Google CEO Eric Schmidt Starts Investing in Cryptocurrency &mdash...|
Eric Schmidt, a former Google CEO whose net worth is $22.8 billion, reveals that he has put 'a little bit' of money into cryptocurrency. He added that he finds Web3's economics 'interesting,' noting that the platforms and the use patterns are interesting.Ex-Google Chief Eric Schmidt Discusses Crypto Investing and Web3
Former Google CEO and Chairman...
April 21, 4:15 pm
|Michael Saylor: MicroStrategy Is the Closest to Investing in Bitcoin Spo...|
Michael Saylor – CEO of the software platform MicroStrategy – said investing in his company is almost like allocating funds in the still nonexistent in the USA - Bitcoin spot ETF. His organization is known as one of the most prominent BTC HODLers as it owns over $5.5 billion worth of the primary cryptocurrency.
MicroStrategy Could Count...
April 20, 6:32 am
|The WeWay Project is Betting on Web 3.0. Is It Worth Investing in the Fu...|
As crypto projects increased in popularity together with the rise of token sales in the last few years, joining projects on their startup stage has become a common concept.
At the same time due to its popularity and potential to earn big money, many have been swayed to enter the industry without much understanding of the risk that comes along with ...
April 13, 7:30 pm
|Ethereum Dev Says The Merge Could Be Delayed a Few Months, 'Strong...|
According to Ethereum developer Tim Beiko, The Merge is likely to be pushed to the third quarter of 2022. Despite the delay, Beiko also said he 'strongly suggests not investing more in mining equipment at this point.'The Merge May be Delayed, Ethereum Hashrate Taps New ATH
Four days ago, Bitcoin.com News reported on ethereum miners hashing away at ...
March 22, 5:30 pm
|US Fintech Firm Acorns Adds Crypto Exposure Investing via Proshares Bitc...|
The American financial technology (fintech) firm Acorns has announced customers now have the option to add bitcoin exposure via the Proshares Bitcoin Strategy ETF (BITO). Acorns' clients can now allocate up to 5% of their funds into BITO.Acorns Customers Can Add Bitcoin Exposure to Their Portfolios
U.S. fintech company Acorns detailed on Tuesday th...
March 18, 9:00 pm
|New Report From Dacxi Finds Lack of Crypto Education Stops Over 57% of P...|
PRESS RELEASE. Dacxi, the world's leading Crypto Wealth Platform, released a comprehensive report titled 'The State of Crypto Education 2022'. Based on the results of an extensive survey, the report points to the severe lack of appropriate crypto education for everyday people and its impact on their willingness to engage in the market.
March 13, 3:30 am
|Kevin O'Leary Shares Crypto Investing Strategy — 20% of His ...|
Shark Tank star Kevin O'Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy. He revealed that 20% of his portfolio is now in cryptocurrencies and blockchain. 'The whole point is you don't know who is going to win.'
Kevin O'Leary's Cryptocurrency Investment Strategy
O'Shares ETFs chairman and Shark Tank star Kevin O'Leary ha...
March 09, 10:30 pm
|Fractional Investing Company Public Acquires NFT Startup Otis|
The fractional investing company Public announced the acquisition of the digital collectibles and non-fungible token (NFT) technology startup Otis. Public's co-CEO believes the acquisition will give Public the ability to provide people with the only place in the world 'where people can invest in - and build a modern portfolio with - any fractional ...
March 01, 1:15 pm
|JPMorgan Doubles Down on Crypto by Investing in Blockchain Firm TRM Labs|
Wall Street multinational giant JPMorgan Chase became one of the financial backers of TRM Labs. The latter provides blockchain intelligence services to monetary institutions and crypto-focused businesses.
Another Crypto Initiative
One of the leading American banks – JPMorgan – has not always been supportive of the digital asset industry...
February 28, 6:05 pm
|Investing in NFTs: 12 Must-Read Tips to Spot the Best Projects |
The space of non-fungible tokens (NFTs) has grown exponentially over the past year, and this produced quite a few consequences.
For once, there are thousands of NFT projects spawning every single day, and the entire space resembles a lot of what we’ve seen during previous hype cycles with initial coin offerings (ICOs), initial DEX offerings (...
February 19, 10:30 pm
|Fed Bans Senior Officials From Cryptocurrency Investing|
The Federal Reserve has banned its senior officials from investing in cryptocurrency. 'Officials covered by the new rules will have 12 months from the effective date of the rules to dispose of all impermissible holdings,' said the Federal Open Market Committee.
Senior Federal Reserve Officials Prohibited From Investing in Cryptocurrency
February 10, 1:00 am
|Switzerland's Largest Bank UBS Suggests Alternative Ways of Invest...|
Switzerland's largest bank, UBS, has suggested some investment strategies for investors seeking to gain exposure to crypto assets with less risk than investing directly in bitcoin, ether, or other cryptocurrencies. 'There are several main ways investors can access this potential while avoiding the high volatility and regulatory risks of holding bit...
February 09, 9:21 am
|DAO Maker Launches Public SHOs For Investing In Crypto Startups|
DAO Maker, a platform for retail venture investing in equity and tokens, has launched Public Strong Holder Offering (SHO) as its latest service to facilitate fundraising for blockchain and cryptocurrency startups. Through this Public SHO, DAO Maker has opened the floodgates to access an unprecedented volume of market liquidity.
SHOs are a mechanism...
January 31, 6:30 am
|Apple on Metaverse: We See a Lot of Potential and Are Investing — ...|
Apple CEO Tim Cook says the metaverse has a lot of potential and his company is investing accordingly. 'It's very interesting to us,' he noted. Global investments banks Morgan Stanley and Goldman Sachs have predicted that the metaverse could be an $8 trillion opportunity.
Apple Sees a Lot of Potential in the Metaverse, Says CEO Tim Cook
January 18, 12:30 pm
|Australian Regulator Warns Against Investing Retirement Funds in '...|
An Australian regulator has warned residents seeking to self-manage their retirement funds to be wary of investing in crypto-asset investments that promise high returns in a short space of time. The regulator reiterates in the warning that crypto-assets are a high-risk and speculative investment.
The Australian financial services re...
January 17, 10:30 pm
|25% of US Adults Plan to Start Investing in Crypto, Survey Shows|
A U.S. consumer survey shows that 25% of respondents who currently do not own cryptocurrency plan to start investing in crypto. '2021 was a good year for crypto. Of the respondents that own crypto, more than half reported that they had just started investing in the space within the last year.'
'2021 Was a Good Year for Crypto'