Cryptocurrency Analysis and News Portal
The “2020 Crypto Hedge Fund Report,” published on May 11 by PwC and Elwood Asset Management Services Ltd., said that cryptocurrency hedge funds’ assets under management doubled in 2019. According to the survey, total assets under management in crypto funds grew from $1 billion in 2018 to more than $2 billion by
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Paul Tudor Jones II, a pioneer of the modern hedge fund industry, confirmed he has invested somewhere between 1% and 2% of his assets in bitcoin. Speaking to CNBC in an interview on Monday, Jones expressed some concerns with bitcoin, but he still praised its potential. “There’s very little trust
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A recent survey conducted by South Korean wallet provider Childly found that 66% of respondents are in favor of crypto assets being taxed.The poll of more than 5,750 crypto users worldwide revealed that only one-in-five crypto users are opposed to digital asset taxation.Crypto community warms to taxation48% of respondents strongly
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Crypto.com and The Economist teamed up to survey more than 3,000 consumers on issues concerning crypto assets. The survey found far greater trust in central bank digital currencies, or CBDCs, than decentralized cryptocurrencies — indicating that crypto is still yet to gain widespread trust from the public.Cointelegraph spoke to Crypto.com COO,
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According to a new report, privacy-focused digital assets like Zcash (ZEC) and Monero (XMR) surged in price in 2019. Those with a higher market cap, like Litecoin (LTC), may be hoping to compete with new privacy features.The report is by social trading and investing platform eToro in partnership with
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In an official announcement dated April 9, 2020, ErisX cryptocurrency exchange announced it had inked an alliance with $8 trillion assets giant Fidelity Investments’ digital currency arm – Fidelity Digital Asset Services – to expand safe and regulated access to crypto-assets for institutional investors. Fidelity Expands Its Crypto Services Suite Per a
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Hacked cryptocurrency exchange Cryptopia today informed its users that the High Court of New Zealand has delivered its judgment on the status of their compromised assets.In a tweet thread published on April 8, the exchange shared the 74-page court document detailing the judgment, summarizing:“Today, 8 April 2020, Justice Gendall
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According to top government officials in Japan, the current national tax system is not yet capable of accepting declarations of digital assets, potentially leading to outflows overseas.In a Q&A session at the Financial Statements Committee on April 6, Representative Shun Otokita of the Japan Innovation Party pointed out the
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Sharing is caring!A community-driven cryptocurrency (CRW) and application Crown Platform (EST 2013) – has released its latest technological in-house innovation called the Crown Core v0.14 ‘Emerald’ NFT Framework. The new protocol enables the tokenisation of assets on the Crown blockchain by the issuance of protocols and tokens. With this release,
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Bitcoin has shown substantial stability in the last few days as legacy markets continued to crash, per Bloomberg, March 21, 2020. After the correlation between Bitcoin and the S&P 500 hit an all-time high over the last week, can Bitcoin make a move and set the tone for the revival of its
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