Cryptocurrency Analysis and News Portal
Major financial institutions love certainty, and that will help the crypto community immensely. Let’s get down to basics: A stablecoin is a type of digital asset designed to solve the problem of the hypervolatility of cryptocurrencies.This year is an exciting time for stablecoins as interest among financial institutions picks up
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Two New York-based crypto companies hope to scoop up growing institutional demand for physical bitcoin. Announced Wednesday, Galaxy Digital’s trading arm and regulated bitcoin futures provider Bakkt said their new service – which has yet to be named – will offer asset managers, and other institutional investors, a new “white-glove”
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A Fidelity survey of 774 institutional investors found that more than one-third of firms worldwide have invested in digital assets or derivatives.While 36% of institutions own crypto globally, multinational financial services company Fidelity found that only 27% of the 441 U.S. institutions surveyed are exposed to crypto — although that’s
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[sociallocker id="55298"] Blockstream's Adam Back says that unlimited money printing will drive retail investors towards Bitcoin and push the price to $300,000 within five years.In an interview with Bloomberg — in which he once again denied he was Bitcoin (BTC) creator Satoshi Nakamoto — Back outlined his thinking behind the
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Bitfury, a mining company established in 2011, announced a partnership program on May 26 that lets institutions invest in Bitcoin (BTC) mining.The program will help family offices and other institutional funds diversify their portfolios into digital asset infrastructure. Bitfury says this was previously an arduous task for these investors.Investment will
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Bitcoin’s (BTC) options markets are finally taking off at CME. This week Cryptox reported that the combined volume traded over the last ten days surpassed $140 million, as institutional investors delved in call options.The buyer of a call option can acquire Bitcoin for a fixed price on a predetermined date.
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Major European financial institutions are jointly launching a blockchain-based platform for the investment fund industry.The system was initially incubated by the Luxembourg Stock Exchange and its affiliate Fundsquare, which, alongside Clearstream, Credit Suisse Asset Management and Natixis Investment Managers, have announced a Series A investment round for “FundsDLT.”FundsDLT for
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Over the past two years Bitcoin (BTC) futures trading on CME (Chicago Mercantile Exchange) has grown in importance for institutional investors. However, a popular misconception among traders is to attribute an unwarranted amount of importance to futures market activity and its impact of spot prices. It is important to
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The fifth anti-money laundering directive (AMLD5) has unexpectedly increased institutional interest in cryptocurrencies, according to an executive at the crypto trading subsidiary of Boerse Stuttgart. Speaking at the CryptoCompare London conference Tuesday, Boerse Stuttgart's chief digital officer, Dr. Ulli Spankowski, admitted he had been "surprised" by the positive effect 5AMLD
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The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply
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