This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. VELIC is a security-focused comprehensive financial service platform that delivers wide a range of advanced crypto-financial products and services and plans to provide a multitude of services are not just in commercial banking, but also investment banking service in the digital
Bitcoin Price Could Crack $10 Million, Become New Gold Standard: Asset Management Firm
By CCN.com: Throughout the 2017 crypto market bull run, bitcoin price predictions kept the crypto hype train fat and happy. Whether it was eccentric ICO promoter John McAfee promising to emasculate himself if bitcoin failed to reach $ 1 million within three years or Fundstrat setting a “conservative” price target at $ 25,000, every crypto influencer had
The post Bitcoin Price Could Crack $ 10 Million, Become New Gold Standard: Asset Management Firm appeared first on CCN
Bitwise Asset Management Files With SEC for New Bitcoin ETF
Bitwise Asset Management is the latest American financial firm to seek regulatory permission for launching a bitcoin ETF. The company thinks it should succeed in getting the SEC’s approval, which all other applicants have failed to do so far, by utilizing a new model for the instrument.
Also Read: UK Crypto Ventures Raised Over $ 255 Million VC Funding in 2018
Travis Kling: There’s a Good Chance Crypto Is Next Year’s Best-Performing Asset Class
Travis Kling, a former executive at Point72 Asset Management, believes there is a good chance that cryptocurrencies could be the best-performing asset class in 2019. In a recent tweet, Kling, the founder and CIO of the crypto-focused Ikigai Fund, briefly reveals that he sees the unwinding of quantitative easing (QE) as a potential bullish driver for digital […]
SludgeFeed
Former Wall Street Investor: Big Chance Crypto is Best Performing Asset in 2019
Travis Kling, a former Point72 Asset Management executive, a hedge fund that oversees $ 12.4 billion in assets, said that there is a big chance crypto becomes the best performing asset in 2019. The Ikigai Fund founder made the case that cryptocurrencies were never present during a proper bear market in traditional finance and the decline
The post Former Wall Street Investor: Big Chance Crypto is Best Performing Asset in 2019 appeared first on CCN
Not Just Crypto and Bitcoin: Every Major Asset Class Had a Major Fallback in 2018
The cryptocurrency market is not the only financial asset that has suffered losses and recorded a consistent decline as the year winds to an end. In fact, every major asset class for investment has recorded negative returns or an unchanged performance year. This is the conclusion of a CNBC report summarizing the performance of markets in 2018.
The post Not Just Crypto and Bitcoin: Every Major Asset Class Had a Major Fallback in 2018 appeared first on CCN
BitMEX CEO: Crypto Could Become a Legit Asset Class in the Next Decade
Arthur Hayes, the CEO of leveraged crypto exchange BitMEX, believes that Bitcoin (BTC) and other cryptocurrencies could become a legitimate asset class within the next decade. Hayes shared his insights during a recent interview with Laura Shin on the popular Unchained crypto podcast earlier this week. Ultimately, Hayes seems to be fairly skeptical of the digital asset class, emphasizing that its […]
SludgeFeed
Tether (USDT) Passes Stellar (XLM) as the Fourth Largest Digital Asset
Tether (USDT), the world’s largest stablecoin, has officially passed Stellar (XLM) in market cap to become the fourth-largest digital asset with a market cap of $ 1.86 billion. USDT has risen in the rankings throughout the 2018 bear market that caused the majority of non-price-pegged cryptocurrencies and tokens to lose around 90% of their value. Back in October, […]
SludgeFeed
Europe’s Top Asset Manager Calls For Crypto Ban While U.S. Institutions Build
According to a Reuters report, Allianz Global Investors (GI) CEO Andreas Utermann encouraged regulators to outlaw crypto. At a conference held in London, directed toward Andrew Bailey, the head of Britain’s Financial Conduct Authority. Utterman said: “You should outlaw it [crypto]. I am personally surprised that regulators haven’t stepped in harder.” Regulators Aren’t Outlawing Crypto
The post Europe’s Top Asset Manager Calls For Crypto Ban While U.S. Institutions Build appeared first on CCN
Renvale Exchange Official Signing Ceremony with D Coin Asset held in Seoul Korea
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned … Continued
The post Renvale Exchange Official Signing Ceremony with D Coin Asset held in Seoul Korea appeared first on CCN
French Firm Becomes Europe’s First Regulated Crypto Asset Manager Funded by an ICO
France has one of the toughest regulatory environments in Europe and the world generally when it comes to finance and specifically cryptocurrency. The country has in recent times taken a few cursory steps toward becoming a hub of ICO activity, but strict enforcement of crypto regulations is the cost of doing business in a well-connected
The post French Firm Becomes Europe’s First Regulated Crypto Asset Manager Funded by an ICO appeared first on CCN
Buffett Bet 2.0: Asset Manager Wagers Crypto Fund Will Beat S&P 500
Cryptocurrency asset manager Morgan Creek Digital is betting $ 1 million that its crypto fund will outperform the S&P 500, calling the challenge Buffett Bet 2.0 to mimic the billionaire investor’s famous bet. The wager is expected to be taken by “someone who is bullish on the S&P 500, or someone who thinks cryptocurrencies are worthless or overvalued.”
Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
Recreating Buffett’s Wager
Morgan Creek Digital is recreating Warren Buffett’s famous $ 1 million wager. However, “unlike the famous value-investor, Morgan Creek is betting against the S&P and placing its faith in the 10-year performance of cryptocurrencies,” Cnbc reported on Thursday.
Amazon Survived an Asset Bubble — Bitcoin Will Too: Crypto VC
For the co-founder and partner of cryptocurrency firm CryptoOracle, Lou Kerner, patience is key when it comes to investing in bitcoin. Speaking to CNBC, Kerner said bitcoin investors should take comfort in the example of tech giant Amazon, which lost significant value when the dot-com bubble burst but has now emerged as the world’s largest
The post Amazon Survived an Asset Bubble — Bitcoin Will Too: Crypto VC appeared first on CCN
Ripa Exchange—A Crypto Asset Marketplace
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
The post Ripa Exchange—A Crypto Asset Marketplace appeared first on CCN
Rate3 Bridges Enterprises with Blockchain’s Benefits through Asset Tokenization
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
The post Rate3 Bridges Enterprises with Blockchain’s Benefits through Asset Tokenization appeared first on CCN
Mauritius Regulator to Provide Licenses to Digital Asset Custodians
The authorities in the island nation of Mauritius plan to start issuing custodian licenses to companies holding digital assets on behalf of clients. The financial regulator said the existing licensing regime is not suited for that purpose, although licensees under the new rules will have to comply with similar requirements.
Also read: Abu Dhabi Exchange to Create Infrastructure for Crypto Assets
B21 to offer crypto asset investing services to users of Rev Group’s Revollet eWallet
Gibraltar-registered crypto assets-exclusive personal wealth management mobile phone application B21 has teamed up with Rev Group, the maker of the Revollet eWallet; which supports fiat-crypto deposits, withdrawals, exchanges and over-the-counter (OTC) services; to offer the e-wallet users premium a…
The post B21 to offer crypto asset investing services to users of Rev Group’s Revollet eWallet appeared first on CoinReport.
RigoBlock Announces Token Sale to Provide Decentralized Asset Management For All
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
The post RigoBlock Announces Token Sale to Provide Decentralized Asset Management For All appeared first on CCN
Experts: Fidelity Could Single-Handedly Solidify Crypto as New Asset Class
On October 15, Fidelity, the world’s fourth largest asset manager with $ 7.2 billion assets under management, launched its crypto custody arm. At the time, Fidelity CEO Abigail Johnson stated that the long-term strategy of the investment firm is to make Bitcoin and the rest of the cryptocurrency market more accessible to investors. “Our goal is
The post Experts: Fidelity Could Single-Handedly Solidify Crypto as New Asset Class appeared first on CCN
27,000 Txn/s: Digital Asset Blockchain Beats Wall Street Bookkeeper’s Minimum Scale
Global business technology provider GFT has announced results of an independent performance test on the Digital Asset (DA) platform showing that the platform can process trading volumes exceeding 27,000 trades per second over a sustained period of time. These results place the platform above peak US equity trading volumes according to the DTCC. Founded in
The post 27,000 Txn/s: Digital Asset Blockchain Beats Wall Street Bookkeeper’s Minimum Scale appeared first on CCN