Report: Institutional Investors the Largest Buyers of Crypto Transactions Over $100K

According to a Bloomberg report, institutional investors have dived into the cryptocurrency market, replacing high net-worth individuals as the biggest buyers. Institutional investors have replaced high net-worth individuals as the biggest buyers of cryptocurrency transactions worth over $100,000, Bloomberg reported October 1. According to Bloomberg, traditional investors and buyers such as hedge funds have become […]

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Revealed: How Many Coins Are in the Best-Performing Crypto Portfolios

sponsored According to a software company that helps crypto investors track their trades, the best-performing portfolios hold between seven and 12 coins. A platform designed to help investors keep track of their cryptocurrency trades and the performance of portfolios has revealed some of the biggest trends they have learned during their five years in operation. […]

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Major Chinese Tech Magazine Adds Payment in Bitcoin to Show Blockchain ‘Practicality’

A Chinese magazine has made the rare decision to promote Bitcoin payments by accepting the currency for subscriptions. Beijing Sci-Tech Report (BSTR), China’s oldest media publication covering the tech industry, has announced it will offer subscriptions payable with Bitcoin (BTC), local media outlet Guangming reported Sunday, September 30. An evidently rare occurrence from China, were […]

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China’s Bitcoin Whale Li Xiaolai Halts Blockchain-Related Investments

Bitcoin ‘tycoon’ Li Xiaolai has announced he intends to take a several-year break from the cryptocurrency industry. China’s Bitcoin ‘tycoon’ and serial investor Li Xiaolai will take a hands-off approach to future blockchain projects, he announced on social media Sunday, September 30. In an approach that appeared to take many by surprise, Li, well known […]

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CFTC Charges Two Defendants for Defrauding Investors and Impersonation of CFTC Officials

The CFTC has charged two defendants for the fraudulent solicitation of Bitcoin, impersonation of CFTC officials, and forging CFTC documents. The U.S. Commodity Futures Trading Commission (CFTC) has filed a suit against two defendants for the allegedly fraudulent solicitation of Bitcoin (BTC), according to an official press release published on Friday, September 28. The CFTC’s […]

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Russia’s ‘Disappointing’ Cryptocurrency Legislation: Why Experts Consider the Bill a Failure

Russia’s government has continuously gone back and forth on crypto regulation, with final legislation tentatively set to be finalized this fall. Russia has been trying to pass cryptocurrency legislation since the beginning of January 2018, with no success as of yet. The government’s main bill, “On Digital Technologies,” which was expected to be passed by […]

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WSJ: $88.6 Million in Illicit Funds Funneled Through Cryptocurrency Exchanges

A recent report by WSJ found that $9 million of nearly $90 million in ill-gotten funds went through crypto exchange ShapeShift. A recent Wall Street Journal investigation has found that $88.6 million in ill-gotten funds have been funneled through 46 cryptocurrency exchanges, the WSJ reported September 28. $9 million of the suspect funds reportedly went […]

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