Younger investors are more likely to take part in copy trading or social trading and take advice from social media influencers, according to the crypto exchange. Generation Z crypto investors are more likely to engage in copy trading or social trading, an investment method that involves mirroring someone else’s trades, according to a report from…
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While young Australians are more interested in crypto, it’s the 25- to 49-year-olds who own the most. Despite seeing themselves as more “risk averse” than their older counterparts, nearly a third of all young Australian investors hold or have traded cryptocurrencies over the last year, a new study has found. In an Australian investor study…
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Crypto asset service providers in South Africa seeking to attract investors via advertisements must “expressly and clearly state that investing in crypto assets may result in the loss of capital.” Influencers working on behalf of crypto asset service providers must “not offer advice on trading or investing in crypto assets and may not promise benefits…
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The aftermath of FTX’s collapse has soured crypto investor sentiment with “record” inflows into short-investment products last week, said CoinShares. Institutional investors have responded to the negative sentiment caused by FTX’s collapse, with record institutional inflows into crypto-focused short-investment products. According to CoinShares’ chief strategy officer James Butterfill, 75% of the total inflows by institutional…
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Despite the ongoing bear market, family offices and high-net-worth individuals in Hong Kong and Singapore are keen to invest in crypto or already have holdings. Hong Kong and Singapore’s wealthy elite appear to be looking at digital assets with fervor after a new report from KPMG suggesting over 90% of family offices and high-net-worth individuals…
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Davis claimed he received nothing for free from the projects it’s alleged he profited from, and the amounts he sold weren’t enough to “dump the price.” Crypto influencer Lark Davis has refuted new allegations from Twitter “on-chain sleuth” ZachXBT of shilling “low cap projects” to his audience “just to dump them shortly after.” Davis was…
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Crypto prices are telling us that there’s a storm brewing if it’s not already here, so the sensible thing to do is to batten down the hatches. But what exactly does that mean for market participants in the cryptocurrency space? What action can and should you take to preserve your wealth? Increasingly it looks likely…
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Mureau remains bullish on crypto’s outlook despite a severe bear market in recent months. For Maurice Mureau, CEO of crypto investment fund operator Hodl, there’s “not a lot left” to invest in anymore. With soaring inflation, bonds are no go, real estate is getting more difficult but there is one asset class that’s (unsurprisingly) catching…
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On February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic “commitment to crypto.” Venture Firm Sequoia Capital to Launch a Fund Focused on Liquid…
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Almost two thirds of respondents who quit their jobs after making life-changing gains from crypto had a total income of less than $50,000. Data suggests that some low-paid members of the workforce are quitting their jobs after making life-changing crypto gains. Analytics firm Civic Science posted survey results (weighted according to U.S. census data) on…
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