Grayscale, a major crypto asset management firm owned by Digital Currency Group (DCG) , is launching a national ad campaign in the US. It comes at the time of great socio-economic and geo-political uncertainties – which might be turning people’s head towards financial and monetary alternatives. 2019 had a Grayscale ‘drop gold’ campaign, but 2020…
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Kookmin Bank (KB), one of South Korea’s biggest commercial banks, could be set to move into crypto sector business after the KB Group, the company that operates the bank, signed a “digital assets” cooperation deal with three major domestic blockchain firms. And it looks as though KB could be heading into the crypto custody business.…
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There is currently a “resurgence of interest” in cryptocurrencies, but this time around it’s not from retail investors, but rather the financial institutions, the new head of digital assets at investment banking giant Goldman Sachs revealed in a recent interview. Mathew McDermott, the recently appointed head of digital assets at the investment bank, told CNBC…
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The US Federal Reserve, the country’s central banking system, might announce its policy review soon, a major aspect of which would be keeping interest rates low for years to come while trying to increase inflation and employment numbers. This strategy would be "bullish" for alternative asset classes, bitcoin (BTC) including, according to analysts. The goal,…
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Ryozo Himino. The new chief of the top Japanese financial regulator, the Financial Services Agency (FSA), has spoken out about crypto-related concerns – and said that “deregulating bitcoin” could likely “just boost speculation.” Speaking to Reuters, FSA commissioner Ryozo Himino – who was appointed last month – stated that his agency was “not thinking of…
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Following announcements from major mainstream investors such as Paul Tudor Jones that they are adding bitcoin (BTC) to their portfolios as an inflation hedge, a US-based major software company said that it may invest part of its cash into bitcoin and other alternative investments, citing “negative real yield on US dollars.” The announcement was made…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news Payments company Square has reported USD 875m in bitcoin (BTC) revenue made via its Cash App service during the second quarter of 2020, up 600% year over year. According to…
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Dave Portnoy. Source: a video screenshot, Youtube Another day, another would-be bitcoin (BTC) troll (or a new investor): A Twitter storm is brewing online after Dave Portnoy, the man behind the popular Barstool Sports pop culture blog, decided to take a tongue-in-cheek swipe at the crypto community – following on from a similar tirade from…
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Both younger and older investors are seeing the case for an alternative to fiat money, but the generations differ when it comes to what that currency should be: bitcoin (BTC) or gold. According to a note by strategists at investment banking giant JPMorgan Chase & Co that was quoted by Bloomberg, the older generations continue…
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A researcher reported on a vulnerability in major crypto hardware wallet manufacturer Ledger’s devices that can result in the loss of bitcoin (BTC), which they claim the company was aware of for a number of months. Ledger, however, argued that they have addressed it already, while having to "make a choice between security and usability."…
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