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Cryptocurrency trader Murad Mahmudov says bitcoin will be the biggest winner amid the changing tide developing in the investment scene. Mahmudov’s tweet is the latest in a growing trend of endorsements for the top-ranked cryptocurrency as a haven asset. Meanwhile, the monetary policies of governments and central banks across the
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Despite an exceptional performance by cryptocurrencies, especially Bitcoin(BTC)trade which has beaten essentially all other forms of assets to excel as a lucrative investment, some investors and analysts are still shying away from the crypto business.According to Walt Bettinger, the CEO of Charles Schwab – one of the most prestigious and
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Nickel Asset Management, a United Kingdom-based hedge fund manager, has raised $50 million for its newly launched crypto investment fund.According to a report from Finance Magnates on Sept. 9, the hedge fund has raised $50 million for its newly launched crypto investment fund, Nickel Arbitrage Fund, which aims to
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Following investment from Coinbase Ventures, Offchain Labs has opened up the Alpha version of its Ethereum (ETH) scaling solution, dubbed Arbitrum.Enterprise-focused blockchain startup Offchain Labs said that their solution will enable processing speed of more than 500 transactions per second for Ethereum applications, industry-focused news outlet Crypto Briefing reported
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Franklin Templeton wants to have a go at using cryptocurrencies as a tool for investments in a new fund. This will mainstream cryptocurrencies in general and Stellar in particular. Is this the beginning of the big bang we have all been waiting for?While it may sound like something surreal, Franklin
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Taiwanese blockchain digital property rights startup Bitmark has secured $3 million in a funding round led by Taiwan’s electronics giant HTC.Specializing in securing digital property rights through blockchain technology, Bitmark will use the investment to expand its sales and marketing efforts, according to a press release published on Sept.
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Well-known Blockchain and crypto industry giant Michael Terpin from digital currency investor network BitAngels has teamed up with Toronto’s Bitcoin Bay to expand the blockchain investment ecosystem in Canada’s largest city.advertisement“Through our partnership, we aim to accelerate blockchain adoption not only in Toronto, but internationally by connecting global entrepreneurs, investors, and
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High net-worth individuals (HNIs) in India are more likely to invest in Bitcoin than other cryptocurrencies, according to a new Huru India survey, FinancialExpress reported on Aug. 30.Digital currencies were the fourth most preferred asset overall, although almost half of the respondents didn’t know what cryptocurrencies are.One tenth of
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A recent run-up in the bitcoin price has been credited to a string of events: the US-China trade war, determined monetary easing by central banks, price manipulation via Tether’s stablecoin USDT, Facebook’s plans to launch its cryptocurrency, as well as a weakening Renminbi. But another factor may be lifting bitcoin as
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