No pension. No savings. No future. No wonder we’re betting the house on crypto

    We need a way out. We need a way up. That’s why I – and so many others – have jumped into cryptocurrency with both feet, says Rohit Thawani on The Guardian. I must begin this article by stating that the information I’m providing is not financial advice. I think I legally have to say…

    Crypto payments startup MoonPay raises $555 million, reaching a $3.4 billion valuation

    MoonPay, a payment infrastructure provider for crypto companies, said Monday it has raised $555 million in an all-equity Series A round led by Coatue and Tiger Global that values the firm at $3.4 billion. The funds will be used to hire people, expand geographic coverage and add more payment methods such as letting users buy…

    Crypto exchange Gemini raises $400 million in funding, hitting a $7.1 billion valuation

    One of the world’s leading crypto exchanges, Gemini, has secured $400 million in a recent investment round led by Morgan Creek Capital. The funding round values the company at $7.1 billion. Gemini also plans to invest heavily in alternative metaverse proposals. Gemini, the cryptocurrency platform and exchange founded by twins Cameron and Tyler Winklevoss, has…

    Long-term Bitcoin holders refuse panic selling

    Although the Bitcoin price dropped by nearly 20% in the last seven days, long-term Bitcoin investors, who bought at 2017 highs, have still not sold, data shows. According to the Hold Waves metric data, coins that last moved in the past six to 12 months now make up the most significant portion of the BTC…

    Goldman Sachs: Gold is becoming the ‘poor man’s crypto’

    Cryptocurrencies are replacing gold as means of protection against inflation, has recognized Goldman Sachs’s Head of Energy Research, Damian Courvalin, noting the flight of investments to the crypto market from the precious metal. Answering on whether he was observing that investors have used assets beyond gold, such as Bitcoin or other cryptocurrencies, to hedge against…

    Buying crypto in UAE: Avoid these newbie mistakes

    Looking to expand your crypto portfolio or invest in crypto the very first time? When it comes to cryptocurrencies like Bitcoin, most people worry about scams, while others fret over the lack of basic information. Crypto traders in UAE – especially millennials familiar with digital money, digital media, and digital friendships – are actively buying…