Balance, a digital asset custodian based in Canada, has revealed that it has once again achieved $2 billion in assets under custody (AUC) amid the recent recovery in crypto markets. With Bitcoin’s (BTC) value more than doubling over the past year and crossing $1 trillion in market cap, Balance has seen a resurgence in its crypto assets,…
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Crypto “unicorns” are springing up in Switzerland, with a recent report claiming the nation is now home to 13 token-related firms worth $1 billion or more. Per a report from PME, the number of unicorns in the crypto sector rose from nine in 2022 to 13 last year. Crypto Unicorns: Switzerland, Liechtenstein Make Moves The…
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Galaxy Asset Management’s global head Steve Kurz expects top wirehouses to increase their involvement in spot Bitcoin (BTC) ETFs within the next year. “I’d be surprised in the next year if the top 10 wirehouses are not involved in this… We will probably see institutional FOMO,” he told FOX Business on February 19 during the…
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As Presidents’ Day is celebrated in the United States, it prompts speculation about whether previous leaders of the country would have been interested in Bitcoin (BTC). While the current President Joe Biden and his predecessor Donald Trump have shown skepticism towards cryptocurrency, there are historians who believe that some former presidents may have embraced it.…
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More people are using crypto in Russia than ever before, a leading Moscow-based academic has claimed. Per the Russian-language media outlet Coinspot, the comments came from Evgeny Kogan, Professor of Economic Sciences at the National Research University Higher School of Economics (HSE). Crypto in Russia: Adoption on the Rise? Kogan claimed that “interest in cryptocurrencies”…
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In 2013 an entity affiliated with the Winklevoss twins sent the first application to The United States Securities and Exchange Commission (SEC) to create a spot Bitcoin (BTC) exchange-traded fund (ETF). The SEC officially approved spot Bitcoin ETFs on Jan. 10 this year. It has taken over 10 years for spot Bitcoin ETFs to be…
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Source: Pexels Charitable giving occurs year round, yet end of year donations especially tend to resonate with donors. Recent statistics from digital marketing agency Nonprofits Source found that 30 percent of annual giving occurs in December. Findings further show that 10 percent of annual giving occurs during the last three days of the year. Therefore,…
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Believe it or not, 2024 may be a popular year for homebuyers. The National Association of Realtors (NAR) recently predicted that home sales will begin to rise next year, with 4.71 million existing homes forecasted to be sold in 2024. According to NAR, this would represent a 13.5 percent increase in home sales compared to…
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Source: iStock/Onfokus The majority of Hong Kong’s virtual asset investors chase short-term returns, embrace crypto as an investment trend, and fear missing opportunities. One of the key findings of the “Retail Investor Research 2023” report was that 75% of the surveyed virtual asset investors in the city-state invest in virtual assets with the intention of pursuing short-term…
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Cryptocurrency is a hot topic of conversation, especially during the holidays. This is becoming the case even more so as Bitcoin gains traction. A recent report from Bitcoin financial services firm Unchained found that one in four Americans already own Bitcoin. Additional findings from Unchained show that 95 percent of the 400 investors surveyed in…
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