After accounting behemoth, KPMG Canada, joined the list of institutional investors in cryptocurrency, another top Canada-based institutional investment firm, TMX, is set to join the bandwagon. The TMX Group is Canada’s biggest stock market operator and has announced plans to launch a maiden crypto ETP. Details About This New Listing This new listing will make […]
The founder and CEO of MicroStrategy have announced that he and his team will be hosting a virtual seminar to enlighten growing businesses on the need to understand the global tech trend in the crypto space and how to integrate it into their business for more profitability. The announcement was made on his Twitter handle […]
The International Monetary Fund (IMF) has called on the Japanese government to cut back on its pandemic support program but to consider increasing taxes on capital income and properties as soon as the country’s economy completely recovers from the effects of the COVID pandemic. The IMF said that as the government has to continue supporting […]
The bears are seemingly in control of the Euro. Thus, pushing it towards the daily low levels on January 10. Weakening EUR/USD Amidst Renewed Buying Interest In USD Renewed bullishness on the USD has caused a weakening of the EUR/USD trading pair. The positive investor mood caused the renewed bullishness in the USD following unemployment […]
Turkey is known for booming business and tech-oriented opportunities and landscape, but when it came to digital currency, especially Bitcoin, it got banned right away. Turkey’s newly appointed central bank governor has issued the statement that any type of cryptocurrency will be banned to use from now on. Bitcoin appears to be caught in the […]
The recent appreciation of Bitcoin shows the potential of digital assets to gain momentum against all odds. The flagship cryptocurrency that was once considered a hot air balloon is currently valued at several thousand times higher than the US Dollar. A growth and appreciation at this scale have started to capture the attention of the […]
MicroStrategy is a company that provides business intelligence, mobile software, and cloud-based services to its users. But it has another domain of business that it deals in, which is cryptocurrency. The trend to purchase cryptocurrency such as Bitcoin is on the rise, and this means if you want to become a potential buyer, you must […]
In the daily trading session of December 22, the price value of Bitcoin has claimed a high point of $623,600 over crypto trading sites. As per the claim of financial experts, the coming US Coronavirus stimulus package is the major reason for pushing the price value upward over the daily trading timeframe. The market condition […]
The former governor of China’s central bank claims that China has no plan to replace fiat currencies as it will facilitate Chinese consumers in cross-border payments. As reported by the South China Morning Post, former governor of People’s Bank of China, Zhou Xiaochuan, China’s digital yuan is not created to take place of the world’s […]
Giant investment company Guggenheim Partners is the latest Wallet Street firm to invest in Bitcoin. Guggenheim, the firm having $270 billion under its management, will allocate more than $500 million in the world’s leading digital asset. Filing with SEC In its latest filing in the Securities and Exchange Commission (SEC), the giant asset manager will […]
To target ETF-inspired Bitcoin customers in Europe and Asia, VanEck Europe has launched an ETF-like Bitcoin product. The product is known as ETN which has a slight difference from ETF. In 2019, VanEck attempted many times to register a Bitcoin exchange-traded product with the United States Securities and Exchange Commission, but the US authority did […]
According to Brad Garlinghouse, CEO of Ripple, XRP could serve its purpose in the best way when the central banks will roll out their respective central bank digital currencies. It is the need of the hour that central banks across the world will have to onboard themselves over digital evolution, which is happening right now. […]
Fidelity Digital Assets Services tries to hit high-net Asian investors after making a partnership with Stack Funds, an investment platform for digital assets. According to the partnership between both recognized investment firms, Singapore-based Stack Funds will expand the cryptocurrency custody services of Fidelity to the big investors based in Asia. The Demand for Digital Assets […]
One of the most astounding things about the online world is that as obvious as the scam is, there are just as many people trying to sign up for it. When you look at certain online trading platforms and brokers, you can tell from a distance that they are not doing anything other than fooling […]
Genesis Mining conducted a study titled “Perceptions and Understanding of Money 2020” whose results show that Americans do not like the idea of digital money and they prefer paper money over digital money. Study of Genesis Mining 400 Americans participated in the study and gave the answers of 22 questions covering different topics: understanding of […]
The leaked documents of the U.S. Financial Crimes Enforcement Network (FinCEN) unveiled many untold truths about the watchdog and the world major banks. Leaked Documents of SARs The rules and regulations designed by FinCEN are not sufficient to counter illicit activities, such as money laundering. And the most interesting thing is that the world top […]
