Tagged: crypto investments

January 12, 2021 @ 9:11 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, notes that 2020 was “arguably crypto’s best year yet.” Blockchain.com writes in a blog post that Bitcoin (BTC) investors have had an “extraordinary” holiday season, and the new year is… Read More

January 12, 2021 @ 4:53 pm By Omar Faridi  |  

Binance, the world’s largest digital assets exchange, notes that when it comes to cryptocurrencies, most consumers think of bear and bull markets, “insane” or crazy stories about people who became extremely wealthy overnight or lost it all in a major scam or by getting involved… Read More

January 6, 2021 @ 8:46 pm By Omar Faridi  |  

Bitcoin (BTC), the leading digital currency, continues to set all-time highs while the US dollar keeps falling (but still remains the world’s most dominant global currency). Notably, Bitcoin is now being supported by even more Wall Street giants. The OKCoin team has noted: “We’ve said… Read More

January 6, 2021 @ 5:42 pm By Omar Faridi  |  

Hedge funds are increasingly looking to San Francisco-based Coinbase for innovative portfolio solutions, the cryptocurrency exchange claims. Coinbase was reportedly chosen as a full service partner and custodian by One River Asset Management. Brett Tejpaul, Head of Institutional Sales, Trading, Custody and Prime Services, notes… Read More

January 2, 2021 @ 5:25 pm By Omar Faridi  |  

As the Bitcoin (BTC) price continues to set new all-time highs (now approaching nearly $30,000), Riot Blockchain’s (NASDAQ:RIOT) stock surged almost 1,500% in 2020. There were very few assets in 2020 that outperformed Bitcoin, however, the shares of Riot have been rising along with Ethereum… Read More

December 14, 2020 @ 8:49 am By Omar Faridi  |  

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based cryptocurrency exchange Kraken) has released a report titled, “Crypto Yields – A Simple Breakdown.” The report notes that interest rates on “risky opportunities” are a function of a “risk-free” rate… Read More

December 1, 2020 @ 7:32 pm By Omar Faridi  |  

London-based CoinShares, a company that aims to expand access to the digital asset ecosystem while serving as a trusted partner for its clients, has noted that the Bitcoin (BTC) price has been closing-in on the “very psychological” all-time-high (of nearly $20,000) “coupled with momentary fears… Read More

November 2, 2020 @ 7:45 am By Omar Faridi  |  

Cryptocurrency hedge funds have been reporting significant gains this year. They appear to have benefitted from the rise in transactions that let borrowers and lenders settle payments directly, without having to go through third-parties like banks. Crypto-asset hedge funds could also be performing well due… Read More

October 14, 2020 @ 11:46 pm By Omar Faridi  |  

Sean Lippel, a VC and crypto-asset investor at Fintech Collective, a New York-based firm backing initiatives that “reimagine” how money moves in a digital environment, says that the future of institutional digital asset management has already arrived. Lippel claims that if portfolio managers allocate around… Read More

September 22, 2020 @ 9:27 pm By Omar Faridi  |  

Huobi Global, a leading digital assets company, recently published a survey that looks into the different investment profiles and backgrounds of retail cryptocurrency traders in emerging markets. According to a release, the survey results indicate that crypto-assets such as Bitcoin (BTC) and Ethereum (ETH) have… Read More

September 22, 2020 @ 6:13 pm By Omar Faridi  |  

Sam Bankman-Fried, CEO at FTX, a cryptocurrency derivatives exchange and Alameda Research, has commented on some blockchain projects that he thinks are worth talking about and appear to be making some progress. While confirming that he’s not offering investment advice, Sam said that Solana (SOL)… Read More

September 20, 2020 @ 2:19 pm By Omar Faridi  |  

Yassine Elmandjra, an analyst at ARK Investment Management, a company that invests in Fintech projects and other next-generations technologies, says that Bitcoin’s (BTC) blockchain will “contribute more dramatically and profoundly to the evolution of monetary and financial systems than any other breakthrough in history.” Elmandjra,… Read More

September 6, 2020 @ 2:07 pm By Omar Faridi  |  

Changpeng Zhao or “CZ”, the CEO at Binance, the world’s largest digital asset exchange, has admitted that the trading platform must list new coins, regardless of whether it’s completely sure of the legitimacy of their business model, in order to remain competitive. Zhao noted: “If… Read More

August 17, 2020 @ 7:57 am By Omar Faridi  |  

Leading cryptocurrency exchange Binance reveals that if you had invested $1,000 on Jan 1,  2020, in both Amazon (NASDAQ:AMZN) stock and Bitcoin (BTC), you would have earned significantly more from your Amazon holdings, when compared to the price appreciation of the leading digital currency. However,… Read More

August 7, 2020 @ 7:14 pm By Omar Faridi  |  

North America is reportedly the third-most active region in terms of the total cryptocurrency volume moved or transferred on-chain, right behind Western Europe and East Asia. According to a Chainalysis blockchain and digital asset market report: “Overall, North America-based [cryptocurrency] addresses accounted for 14.8% of… Read More

July 5, 2020 @ 12:30 pm By Omar Faridi  |  

Millennials, who are people born in the early 80s to the mid-90s, have increasingly been adopting smartphone-based Fintech apps offered by Robinhood and innovative digital banks like Revolut. In addition to more actively managing their finances through the latest technology when compared to older generations,… Read More

June 30, 2020 @ 4:17 pm By Omar Faridi  |  

Feyyaz Alingan, the Founder of Blue Alpine Research, a Switzerland-based research firm focused on digital assets, has pointed out several “alternatives” to Bitcoin (BTC). Alingan, an electrical engineering graduate from ETH Zürich, says that Ethereum (ETH) may be considered a Bitcoin alternative. He notes that Ethereum’s… Read More

June 26, 2020 @ 4:23 pm By Omar Faridi  |  

  The cryptocurrency market reached all-time highs of more than $800 billion during the initial coin offering (ICO) craze of 2017-2018. There were many huge scams carried out during this time, which involved seemingly promising, but too good to be true companies like BitConnect. While… Read More

June 22, 2020 @ 7:16 am By Omar Faridi  |  

Tether Ltd, the company behind the world’s largest stablecoin USDT, has reportedly made a $10 million equity investment into the operations of the Celsius Network, a leading digital asset lending platform, which now has a $120 million pre-money valuation and $150 million post-money valuation. Celsius… Read More

May 30, 2020 @ 1:04 am By Omar Faridi  |  

CoinShares, a crypto asset management company that provides financial products and services for professional investors, has launched the CoinShares Gold and Crypto assets Index (CGCI). The CGCI is reportedly the first EU Benchmark Regulations (EU BMR) compliant index for the digital asset sector that combines… Read More