In a recent note to clients, strategists from JPMorgan suggested a one percent portfolio allocation to Bitcoin and other cryptocurrencies. As reported by Bloomberg, JPM strategists Joyce Chang and Amy Ho opined …
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Bitcoin price ‘macro top’? Not so fast
Bitcoin (BTC) bears thinking that $58,000 was this cycle’s top will be sorely disappointed, fresh investment data from past bull markets shows. Compiled by on-chain analytics resource Whalemap, statistics covering BTC …
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Cardano’s Charles Hoskinson Launches ADA Staking Pool
Charles Hosinson, CEO and founder of Input Output HK software development firm, has introduced his own ADA staking pool. It owes its name to prominent cypherpunk Blockstream CEO Adam Back. …
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Dubai Fund Sells $ 750 Million Bitcoin To Buy Cardano & Polkadot
Dubai-based crypto fund FD7 Ventures will sell over $750 million worth of Bitcoin in the next month to purchase Cardano and Polkadot instead, it said in a release on Thursday. Both blockchains are high-speed networks that …
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Key Takeaways From House Hearing on Crypto & Domestic Terrorism
The House Financial Services Committee had a hearing this morning entitled “Dollars against Democracy”—a comprehensive look at how domestic terrorist organizations get their funding—and cryptocurrency was front of mind. Last month, crypto …
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One of the largest banks in Switzerland provides cryptocurrency trading services
Bordier & Cie SCmA, one of Switzerland’s oldest banking institutions, now provides crypto trading services. In a new statement, Bordier says it is partnering with Sygnum Bank to incorporate its …
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Bitcoin and Gold Serve Different Roles in a Portfolio
Both bitcoin and gold have a specific role to play in investors’ portfolios and, as such, bitcoin won’t take over gold’s market capitalization, nor will gold make the flagship cryptocurrency …
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Canada’s CI Financial to file for ETH exchange-traded fund with Galaxy as subadvisor
Canadian asset manager CI Financial, which oversees more than $230 billion worth of assets, has filed for an ether (ETH) exchange-traded fund (ETF). CI is seeking approval to list the ETH ETF …
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Exchange listings & NFT boom back Enjin’s 52% rally to a new all-time high
Nonfungible tokens (NFTs) are rapidly becoming a focal point of the cryptocurrency market, as evidenced by stories of millions of dollars being raised in minutes for one-of-a-kind tokenized art pieces and rare …
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Elon Musk may be under scrutiny for promoting DOGE
Tesla CEO Elon Musk may be under investigation by the U.S. Securities and Exchange Commission over tweets in which he promoted Dogecoin to cryptocurrency investors. Rumors of the investigation were initially reported …
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