Those with less financial knowledge may be twice as likely to invest in crypto. A report from Canada’s central bank shows that while most Canadians are knowledgeable about basic finance and Bitcoin, few actually hold any crypto assets. According to the results of Bank of Canada’s 2019 Cash Alternative Survey published in August 2020, financial […]
Continue Reading
‘We can liquidate it any day of the week, any hour of the day,’ said Michael Saylor. Michael Saylor has said that all $400 million of business intelligence firm MicroStrategy’s Bitcoin reserve holdings could be liquidated at any time. In a Sept. 22 interview, Saylor told Bloomberg that although “volatility isn’t really a reason to […]
Continue Reading
Banks cleared over $2 trillion in “suspicious” transactions. How did crypto fare in comparison? The major banks who were mentioned in the recent FinCen leak were subsequently thrashed by the market today. According to the investigation conducted by the International Consortium of Investigative Journalists, over the 20-year period from 1997 to 2017, the listed financial institutions […]
Continue Reading
Retail traders were rattled by Bitcoin’s $900 drop but BTC options data remains bullish ahead of Friday’s expiry. The $900 Bitcoin (BTC) price drop over the past two days might have been scary for novice traders, but those trading futures and options don’t seem bothered. Cryptocurrency daily market performance snapshot. Source: Coin360 As Bitcoin price […]
Continue Reading
New survey data shows institutional investors intend to increase their Bitcoin allocations regardless of short term dips in BTC price. A new survey commissioned by crypto asset insurance company, Evertas, a cryptocurrency insurance firm, found that institutional investors plan to significantly increase their stakes in Bitcoin (BTC) and other digital assets in the future. After […]
Continue Reading
Uniswap’s UNI token distribution paid nearly half of the tuition for students who attended one “Crypto 101” course. Students enrolled in the class “Introduction to Cryptocurrencies” at Turkey’s Kadir Has University were the unexpected winners of Uniswap’s UNI token distribution on Sept. 17. İsmail Hakkı Polat, one of two lecturers of the class, told Cointelegraph […]
Continue Reading
While most of us will prefer to forget the horrors of 2020, DeFi may well prove to be the guarantee of a better, more liberated future. In a broad sense, 2020 has been the year of the COVID-19 pandemic. As it charges toward 1 million deaths and over 30 million infections, governments have been found […]
Continue Reading
Winklevoss brothers-founded Gemini powers the first regulated crypto exchange in Canada. Wealthsimple Crypto, the first regulated cryptocurrency exchange in Canada, is rolling out its trading platform to the public today. Starting from Sept. 22, users in all 13 provinces and territories in Canada will be able to sign up for the new product and start […]
Continue Reading
Another cryptocurrency scam in India has reportedly duped investors of hundreds of thousands of dollars. The operator of Delhi-based cryptocurrency platform Pluto Exchange is accused of duping 43 investors of more than $272,000. A local news outlet Millennium Post reported that the Economic Offence Wing of the Delhi Police has launched a probe against the […]
Continue Reading
The CEO called digital assets a “pandemic resilient” solution for businesses. Catherine Coley, the CEO of crypto exchange Binance’s United States branch, says adopting crypto may be one of the only ways for businesses to be “pandemic resilient” going forward. In a Sept. 21 interview with Joe Weisenthal and Tracy Alloway on Bloomberg’s Odd Lots […]
Continue Reading