Galaxy Digital Holding Ltd. started two new Bitcoin funds special because, well, they’re meant to be for a specific demographic profile of investors.Mike Novogratz (54) decided to use the fact that there is plenty of wealthy Americans aged 50-80 and, until now, they were pretty much into more traditional types of investing such as stocks or pension funds. Cryptocurrencies surely weren’t one of the ways they thought they could increase their wealth. However, Novogratz thinks there might be a...
Read More »KPMG Unveils Its 2019 Fintech100 Rankings, Bitcoin-Related Companies Slip Down
On Monday, November 18, the big-four auditing giant KPMG unveiled its ranking for the top 100 companies in FinTech for 2019. The report shows that the Chinese and Asia-Pacific regions have dominated the rankings.Alibaba‘s payments wing Ant Financial topped the 2019 FinTech100 KPMG rankings. Last year in 2018, the payments and transactions companies dominated the rankings along with other companies from the insurance, wealth management, and lending sector. Another observation from the report...
Read More »CryptoCompare Releases New Exchange Benchmark Report With Quite a Few Surprises
In what seems to be a weird turn of events, top cryptocurrency data and assessment firm CryptoCompare has released its data for cryptocurrency exchange rankings and there are a few surprises in its benchmark report. Firstly, Binance has been dropped from its top ten rankings which comes as a shock as it is currently in the top three cryptocurrency exchanges in terms of the trading volume. Secondly, most of the popular cryptocurrency exchanges didn’t receive the expected rankings as only...
Read More »Cardano (ADA) Price Analysis: Targets Fresh Lows Below $0.040
ADA price failed to break the $0.0460 resistance and declined recently against the US Dollar.The price is now trading below the $0.0425 support, with a bearish angle.There was a break below a key bullish trend line with support near $0.0424 on the 4-hours chart (data feed via Kraken).The price remains at a risk of more downsides below $0.0410 and $0.0400 in the near term.Cardano price is currently facing a fresh round of selling against the US Dollar and bitcoin. ADA price is likely to face a...
Read More »YСombinator’s Crypto Compliance Startup Raises $4.2M from Investors Including Paypal Ventures
A San Francisco -based startup TRM Labs, which emerged from YCombinator and looks at blockchain analysis as a tool for the ensuring of compliance, has received $4.2 Million in funding from various investors that included PayPal Ventures. The big problem with compliance for cryptocurrencies and blockchain technology is that most banks and financial institutions would rather not deal with the intricacies and the technological hoops which they would have to leap through before they get a clear...
Read More »Bitcoin Price Analysis: BTC Trend Turns Significantly Bearish
Bitcoin price is declining and trading well below the $8,380 pivot zone against the US Dollar.The price is consolidating near the $8,000 and facing a lot of hurdles on the upside.There is a key bearish trend line forming with resistance near $8,380 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct higher, but sellers are likely to remain active near $8,310 and $8,380.Bitcoin price is trading in a significant downtrend below $8,500 against the US Dollar....
Read More »#753 Kryptowährung als Krisenwährung, Monero Wallet Hack & Novogratz Bitcoin-Fonds
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 753 gesponsert von www.Bitsonar.com – Heute geht’s um folgende Themen: Kryptowährung als Krisenwährung, Monero Wallet Hack & Novogratz Investmentbank will mit neuen Bitcoin-Fonds ältere Anleger abholen. 1.) Bei Bankrott Bitcoin: Kryptowährung als Krisenwährunghttps://www.btc-echo.de/bei-bankrott-bitcoin-kryptowaehrung-als-krisenwaehrung/ 2.) Monero Binaries manipuliert – Diebe stehlen XMR aus den...
Read More »Fidelity Digital Finally Gets Its NY Trading License
Boston-based mutual fund behemoth Fidelity, that has incorporated more than $2.8 trillion in assets, has finally won its license from the New York State Department of Financial Services, the company confirmed on Tuesday.Actually it’s the subsidiary of this giant, called Fidelity Digital that has been opting for the license since July this year. The license will enable it to work with New York companies by offering them custody services and cryptocurrency trading.The company said in the blog...
Read More »Zurich, Switzerland’s Crypto Reputation Is Growing Every Day
Cryptocurrency is taking over where traditional finance has failed, and Zurich, Switzerland is a prime example of this.Zurich: The New Crypto Capital of the WorldAs we all know, several new crypto and blockchain businesses have sought to make their homes in Switzerland thanks, in part, to the region’s easy-going regulatory stance on digital currencies. The country is even home to what is affectionately known as “Crypto Valley,” a section that’s devoted strictly to crypto startups and product...
Read More »Bit Spark Seeks to Provide Crypto to Developing Regions
Several crypto and blockchain companies out there are looking to ensure the unbanked garner the financial services they need. Sadly, many of these companies have died and no longer exist, though some, like Bit Spark, have managed to retain their positions in the digital finance space to ensure their goals come to life.Bit Spark Has Made a Real Name for ItselfBit Spark was created roughly five years ago. The company came to fruition through an initial coin offering (ICO) that garnered the...
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