This year has undeniably been horrible for bitcoin (BTC) investors. But if it’s any comfort, some in the stock market have suffered even more. While BTC is down about 52% year-to-date, a number of companies in the important S&P 500 stock index are in fact down significantly more over the same time period…. Read…
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El Salvador’s Minister of Finance Alejandro Zelaya says he is “laughing off” international media reports that claim the nation’s bitcoin (BTC) adoption plans could scupper the economy and that they have left a USD 40 million hole in national finances…. Read More: El Salvador’s Finance Minister ‘Laughs off’ Claims of USD 40M Bitcoin ‘Losses’…
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The floor prices of some of the top non-fungible token (NFT) collections are crashing in the market, both in ethereum (ETH) and US dollar terms. The crash in NFT floor prices has accelerated over the past week for all three of today’s top NFT collections by trading volume; Bored Ape Yacht Club (BAYC), Mutant…
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You probably aren’t yet aware of this but non-fungible tokens (NFTs) represent an untapped passive income-generating opportunity. Read on to learn how you can earn passive income with NFTs using a variety of methods that actually work. The convergence of NFT technology and decentralized finance (DeFi) protocols has led to the potential for staking…
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Chen Li is the CEO and Founder of digital asset venture capital firm Youbi Capital._______ Inflation: the word on everyone’s lips in 2022. With rising prices squeezing budgets more than we’ve seen in the last four decades, investors and consumers are desperate for ways to protect their purchasing power…. Read More: Forget the Market…
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This year’s downturn in the crypto market has made venture capital investors in the metaverse and play-to-earn sector “more cautious,” although user engagement in the games themselves remains “robust,” metaverse investor Animoca Brands told Cryptonews.com…. Read More: VC Play-to-Earn Investors Now ‘More Cautious’, Game Engagement Still Strong – Animoca Brands Read more »Pay, Trade,…
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Bullish sentiment has seemingly returned among retail investors in the gold market, after what has now been five months of strong outperformance of bitcoin (BTC) by gold in 2022…. Read More: Bullish Sentiment Returns to Gold as Bitcoin Underperforms Read more »Pay, Trade, Buy Bitcoin with Credit Card
Leading voices in the crypto industry are optimistic that Grayscale, the major cryptoasset management firm behind the Grayscale Bitcoin Trust (GBTC), will be successful in getting the necessary approvals to convert the trust to a spot-based bitcoin (BTC) exchange-traded fund (ETF)…. Read More: Optimism Rises Towards Grayscale’s Bitcoin ETF Application as Star Legal Counsel…
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Close to one out of three – or 29% – of hedge funds that are not yet invested in digital assets say they are looking to invest or are in late-stage planning for investments in the space, a new survey by consulting giant PwC has revealed. The survey was conducted in the 1st quarter…
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There is a strong demand for digital assets among investors in Asia, but wealth management firms remain hesitant to support them, according to a new report from consulting giant Accenture. The report, titled The Future of Asia Wealth Management, stated that, although a large number of Asian investors have already allocated capital to digital…
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