Institutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin and Ether continued to grow, according to data from CoinShares. Crypto …
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$2.2T asset manager PIMCO plans to increase its exposure to digital currencies such as Bitcoin
Fixed-income manager PIMCO is planning to increase its exposure to digital currencies such as Bitcoin after dabbling in the asset class through crypto-linked securities, offering the latest evidence that major …
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35% of crypto buyers say they were influenced by Elon Musk
Online casino portal GamblersPick talked to 1,000 US investors about the amount of crypto they own, how they have financed their portfolios and what they choose to forgo in order to maintain …
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The popularity of NFTs is pushing play-to-earn NFT games to experience great adoption
Nonfungible tokens (NFT) have arguably transitioned from being an obscure part of the crypto and blockchain space to occupy greater significance within popular culture. Indeed, as cryptocurrencies and decentralization appear …
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Fidelity’s cryptocurrency ambitions are bigger than expected. Want to learn more?
Fidelity’s plan to corner the cryptocurrency market appears to be more ambitious than previously imagined, as the asset manager looks to provide more institutional pathways to digital assets. In a …
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Where NFT gaming and the virtual economy coincide
Nonfungible tokens (NFT) have arguably transitioned from being an obscure part of the crypto and blockchain space to occupy greater significance within popular culture. Indeed, as cryptocurrencies and decentralization appear …
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$7B investment firm recommends crypto to beat currency debasement
Contrarian investment firm, Horizon Kinetics, is advising investors to seek exposure to crypto assets amid mounting global economic challenges. Speaking to the Financial Times, Horizon’s co-founder Peter Doyle warned that the …
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70% of institutional investors find crypto as a tempting investment option
According to a recent survey, 7 out of 10 institutional investors asserted that they expect to purchase digital assets sometime in the future. What’s more, over half of the participants …
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Australian government grants $4 million to two blockchain startups
Australia’s Minister for Industry, Science and Technology announced 5.6 million Australian dollars ($4.2 million) in grants to two blockchain-focused companies, including traceability firm Everledger and technology consulting startup Convergence.tech. Everledger, a company …
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Hedge funds to see the crypto market crash as an investment opportunity
Crypto market capitalization is down more than 40% since its $2.5-trillion high back in early May, but institutional investors continue to pile into the market. Despite Bitcoin (BTC) losing over …
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