Tag: Investing

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DEXes Outpace CEXes, Binance Buys CAKE, Losing Crypto Funds, IRA vs. Gemini + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________  … Read More: DEXes Outpace CEXes, Binance Buys CAKE, Losing Crypto Funds, IRA vs. Gemini + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Bitcoin Ends Record-Long Losing Streak, BTC Inflows Grow, Ethereum Sees Outflows

  As bitcoin (BTC) ended a 9-week-long losing streak on Sunday, when a green weekly candle finally appeared on the bitcoin chart. The positive weekly close kicked off a green start of the new week on Monday, with gains across the board in the crypto market…. Read More: Bitcoin Ends Record-Long Losing Streak, BTC Inflows…
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Big Wallets Exited Anchor/UST While Smaller Fish Continued to Invest – Jump Crypto

  A number of bigger Terra (LUNA) ecosystem investors abandoned their positions as the terraUSD (UST) peg began to slip away last month – with smaller-scale investors continuing to buy as the coin’s price plummeted, according to the trading firm Jump Trading Group’s crypto arm Jump Crypto. … Read More: Big Wallets Exited Anchor/UST While Smaller Fish…
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‘Speculative’ Luna Classic Best Seen as a Meme Coin

  Luna Classic (LUNC) tokens on the old Terra chain – now known as the Terra Classic chain – are still circulating, and remain available on many exchanges. But with the algorithmic stablecoin terraUSD (UST) trading far below its dollar peg, and the ecosystem migrating to the new Terra chain, does the old Luna token…
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Global Insurers Start Investing in Crypto Amid Risk-On Investment Approach

  Global insurers aim to maintain a risk-on investment approach, with higher allocations to private equity, green bonds, and middle-market corporate loans, but also cryptoassets, according to a report by Goldman Sachs Insurance Asset Management. The survey represents the views of 328 chief investment officers and chief financial officers handling more than USD 13tn in…
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Soros’ Fund CEO Says Crypto is Here to Stay, Warns of Recession and FOMO Trap

  Crypto is “here to stay,” but a recession may be around the corner and investors should beware of “FOMO,” according to Soros Fund Management CEO and Chief Investment Officer Dawn Fitzpatrick. Speaking in a video interview with Bloomberg, Fitzpatrick said that crypto is not going away any time soon as “it has gone mainstream”…
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Latin American Investors ‘Hoping to Ride Crypto Prices to the Moon’ as Adoption Set to Continue

  A report on the state of crypto in the Latin America region has concluded that adoption is likely to continue apace for the rest of the year – and will find fertile ground for growth in the world of cross-border payments and “crypto credit cards.” The report was issued by Americas Market Intelligence (AMI),…
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Bitcoin Funds See Weekly Inflows as Analysts Debate ‘Bounce’

  Investment funds backed by bitcoin (BTC) and crypto once again saw inflows last week, as BTC extended a now 9-week-long losing streak. At the same time, some analysts are turning positive on the near-term outlook for bitcoin in particular, predicting a “bounce” to the upside in June. According to data from the crypto research…
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As inflation ‘Mellows Out’, a Bottom in Crypto is Likely in ‘The Back Half of 2022’ – VC Investor

  Inflation could start to “mellow out” towards the end of the year, giving the crypto market a chance to form a bottom later in 2022, Chris Burniske, a partner at the crypto-focused venture capital firm Placeholder Ventures, has predicted…. Read More: As inflation ‘Mellows Out’, a Bottom in Crypto is Likely in ‘The Back…
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Goblins Flip Bored Apes in 24 Hours to Become the Top Collection

  The grotesque creature-themed Goblin Town non-fungible tokens (NFT) project has flipped the popular NFT project Bored Ape Yacht Club (BAYC) to become the top collection in terms of sales volume over the past 24 hours. The project has recorded nearly USD 8.5m in sales over the past day, up by just below 1,000% compared…
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