Category: Investments
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Wells Fargo report labels Bitcoin as speculative investment
“Cryptocurrency investing today is a bit like living in the early days of the 1850’s gold rush, which involved more speculating than investing.”
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Bitcoin funds see “record” $429m inflows in last week
Bitcoin funds focused on the digital asset and other large-cap cryptocurrencies are seeing record inflows this year amidst rising inflation concerns and a bleak macroeconomic outlook. As per a report by international news outlet Reuters, institutional investors purchased over $429 million worth of cryptocurrencies via various funds and products for the week ended Dec. 7,…
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Bitcoin is the ‘ultimate anti-lockdown investment,’ says Nigel Farage
The Financial Times scorns Nigel Farage for his apparently predictable embrace of libertarian cryptocurrency influencers.
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The road not taken: Jealous brother claims twin earned $10M in Bitcoin
“His wealth in Bitcoin alone is more than 100 times greater than my entire net worth,” the “dumb” twin claims.
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Institutional investors won’t save crypto, but they will help it grow
Institutional players are coming to the crypto ecosystem, but how will they impact the industry? Will they boost it or collapse it?
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Grayscale Ethereum Trust to implement 9-for-1 share split
The split will take effect on Dec. 17.
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How much is Square up from its Bitcoin investment?
After more than a decade since its inception in late-2008, Bitcoin has seen a massive rise from being an obscure internet currency used by drug dealers and shut-ins to a formidable asset class that attracts billions of dollars in trading volume each day. 2020 has also emerged as a historic year for Bitcoin. It has…
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NYDIG raises $150 million for two Bitcoin investment funds
Bitcoin is becoming an increasingly “institutional asset,” according to NYDIG’s CEO.
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Coinbase executed MicroStrategy’s $425M Bitcoin purchase in September 2020
One of the largest Bitcoin purchases in 2020 took more than five days to complete.
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Report: ICOs left retail investors in the dark
New, small-scale research from Xangle takes a look at investors’ reflections on their initial coin offering investments between 2017 and fall 2020.