Cryptocurrency is slowly tending from being a marginal idea backed by crypto enthusiasts to a solid alternative asset class held by many respectable U.S. institutions. And the speed of this transition is growing day by day, as noted by Benzinga. The current moment is interesting in that the common belief was that governments would be…
On Tuesday, Formula 1 has announced Crypto.com, the world’s fastest-growing crypto platform, as the inaugural global partner of the new Sprint series for 2021. The Hong Kong-based exchange with over 10 million users worldwide also sponsored Italian soccer’s Coppa Italia final in May and signed a deal with the National Hockey League team Montreal Canadiens…
Britain’s financial regulator has ordered Binance Markets Ltd., one of the world’s largest cryptocurrency exchanges, to stop conducting any regulated activity in the U.K. by June 30. But as the exchange pulled its application for the assets register, it will be unable to offer unregulated services too. It appears one of the most significant regulator’s…
CoinShares CSO Meltem Demirors sees the current fall of the crypto market as a correction that will shake out weaker investors. A crypto strategist and known Bitcoin bull Meltem Demirors believes that the ongoing crypto collapse is just an ordinary correction, which would wipe out investors with “paper hands.” She pointed that Bitcoin has always…
The chief investment officer of the Guggenheim Partners investment firm, Scott Minerd, warned on Friday that Bitcoin could step down at $10,000 to $15,000. This February, the now-bearish expert was much more optimistic. In the interview on CNBC, the expert of the multi-billion dollar investment firm said that investors shouldn’t be “anxious to be putting…
On Wednesday, The Bitcoin Fund debuted on the Nasdaq Dubai exchange became the first digital asset-based fund to list in the Middle East and North Africa. Canada’s largest digital-asset investment fund manager 3iQ Corp seeking to raise around $200 million in the offering. As Reuters reports, the Bitcoin Fund becoming the Middle East’s first listed…