Category: investments

South Korean pension fund to invest in Bitcoin ETF: Report

October 26, 2021

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KTCU plans to invest in Bitcoin ETF products after consultation with domestic asset managers,” an exec reportedly said. 1564 Total views 58 Total shares South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF). KTCU, one of the largest […]

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Dubai regulator announces new regulations for investment tokens

October 26, 2021

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The UAE continues to be one of the most friendly jurisdictions worldwide for the digital asset industry. 2618 Total views 33 Total shares The Dubai Financial Services Authority (DFSA) has established a regulatory framework for investment tokens as part of its efforts to stimulate the digital financial and technological environment while also meeting market players’ […]

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Crypto investments a financial backup for Facebook whistleblower

October 25, 2021

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Frances Haugen also received financial help from nonprofit organizations backed by Pierre Omidyar, a co-founder of eBay. 440 Total views 12 Total shares Frances Haugen, a former Facebook employee turned whistleblower, revealed that her refuge in Puerto Rico is currently being supported by an auspiciously timed cryptocurrency investment. Haugen worked as a Facebook product manager […]

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PayPal co-founder Peter Thiel says he ‘underinvested’ in Bitcoin

October 21, 2021

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Billionaire Peter Thiel shared concerns that investing in Bitcoin is already a “known secret.” 4044 Total views 33 Total shares As Bitcoin (BTC) marked a new all-time high above $67,000, PayPal co-founder and billionaire venture capitalist Peter Thiel said he should have bought more Bitcoin. Thiel spoke of cryptocurrencies, central banks and artificial intelligence during […]

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Ark Invest founder Cathie Wood passed on buying the first Bitcoin Futures ETF

October 21, 2021

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She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now. 8104 Total views 44 Total shares Ark Invest founder and CEO Cathie Wood did not invest in the ProShares Bitcoin Strategy Exchange Traded Fund, or ETF, on opening day, according to Business Insider.  Wood said about the ETF’s […]

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Crypto fintech Moonpay reportedly aims for $3.4B valuation in first VC funding

October 12, 2021

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Co-led by Tiger Global Management and Coatue Management, the VC funding will inject funds worth $400 million into the bootstrapped company. 840 Total views 10 Total shares Moonpay, a fintech startup dedicated to building crypto payments infrastructure, is reportedly expected to reach a valuation of $3.4 billion after conducting its first round of venture capital […]

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Gaming VC Bitkraft launches $75M investment fund for blockchain gaming

October 8, 2021

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Bitkraft’s new $75 million token fund has already closed investments in six different projects. 39 Total views 4 Total shares E-sports investment platform Bitkraft VC has established a $75 million token fund for investing in blockchain gaming and digital entertainment. The fund uses a “stage-agnostic” strategy, meaning that it will put money in companies and […]

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Russia aims to limit crypto purchases by non-accredited investors

October 7, 2021

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The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases. 874 Total views 23 Total shares Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, argued that Russia needs to adopt new laws to protect retail investors from the potential losses of investing in […]

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First cryptocurrency fund approved in Switzerland

September 29, 2021

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The fund tracks the performance of the 10 largest cryptocurrencies from SIX Swiss Exchange’s Crypto Market Index 10. 978 Total views 8 Total shares Cryptocurrency adoption continues gaining momentum in Switzerland as local financial authorities grant more regulatory approvals for crypto investment instruments. The Swiss Financial Market Supervisory Authority (FINMA) has approved the Crypto Market […]

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Average Aussie crypto portfolio grew 258% in FY 20-21, survey reveals

September 25, 2021

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Older Australian crypto investors outweigh the new generation in initial investment, but the younger crowd is more active in daily trading. 2561 Total views 67 Total shares The average portfolio size on Australian cryptocurrency exchange BTC Markets has grown from $577.65 (795.5 Australian dollars) to $2,069.16 (2849.5 AUD) in the financial year 2021, signaling a […]

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