The London-based investment management company, Fidelity International, listed a Bitcoin exchange-traded product (ETP) in Europe in response to increased institutional demand. The product, called the Fidelity Physical Bitcoin ETP, began trading on Germany’s Deutsche Börse AG and Frankfurt Stock Exchange on Tuesday (February 15, 2022) under...
JPMorgan Chase has released a report this week titled “Opportunities in the Metaverse,” which delves into virtual worlds and the boundless opportunities the bank has envisioned in them. The multinational investment bank sees companies large and small entering the Metaverse and reports that there is currently...
After a seemingly spectacular year of record highs and gains, cryptocurrencies are facing a turbulent time with highly unpredictable price changes. Cryptocurrencies have faced a rough start to the year, with Bitcoin losing around 20% in value and Ethereum dropping by about 30%. The crash has...
BlockFi recently agreed to pay $100 million in a settlement after the U.S. Securities Exchange Commission (SEC) charged the firm with “failing to register the offers and sales of its retail crypto lending product.” The news that kept the space abuzz was broken by an SEC...
The leading cryptocurrency trading venue appointed Scott Bauguess as the newest member of its policy team. The American spent 11 years as a top executive at the US Securities and Exchange Commission (SEC). Another Veteran on Board Coinbase continues to expand its management unit by hiring the...
The average investor underperforms the market, earning almost 50% less returns than the stock market. The cryptomarket’s dizzying amount of new financial products, coins, and NFTs, challenges the average investor further. Crypto novices make plenty of mistakes, and the wide majority of them end up losing...
A top official at India’s central bank recently reiterated warnings to Prime Minister Modi’s government about the risks cryptocurrencies pose to the country’s financial system. This time, he compared digital assets to “Ponzi schemes”, mirroring some investors’ long-held criticisms of the asset class. Crypto Is A...
Anthony Noto – Chief Executives Officer at SoFi Technologies Inc. – revealed he owns Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies. Nonetheless, he warned that investing in digital assets could be a double-edged sword as one could lose all their money or earn significant profits. Don’t...
The field of non-fungible tokens continues to boom, and new projects are popping daily. One trader, however, shares how he turned $2K in almost $500K, filliping NFTs without bothering with tedious whitelists and fresh mints. Here’s the story of how he did it. The NFT Game:...
Bitcoin has been supported by the dynamic and static support levels on the daily frame. However, from an onchain perspective, the intensity of whale activities is signalling a possible sell pressure in short term. It remains to be seen if it can be absorbed by...