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Cryptocurrency investors have endured an unbelievably tumultuous year but in spite of the markets dismal performance, there are still a few strategies investors could employ to make money in a down market.
[Editor’s note: This is a guest op-ed submitted by Julia Magas. The views expressed in this article do not necessarily reflect the views of Bitcoinist and are not intended as financial advice. The given article is an opinion piece for educational purposes only. ]
Initial coin offering (ICO) operator Civil will refund investors due to the blockchain startup’s failure to reach its minimum sale cap. Civil will conduct another token sale in further efforts to build their Journalism business. Civil ICO Civil’s first ICO began in September and wrapped up this week. Their mission, according to their website, “is to help power
The post Blockchain Journalism Startup Civil Refunds Investors after Failed ICO appeared first on CCN
Five days after unveiling the listing of 0x (ZRX) on its Pro trading platform, Coinbase has announced that ZRX is now available to all retail investors on Coinbase.com and the exchange’s iOS and Android apps. According to the announcement, 0x is now available to buy, sell, send, receive and store on the Coinbase retail app. This marks […]
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Since early 2018, the government of China has tightened policies targeting millionaire investors in the country holding their wealth overseas to avoid large taxes, and it may lead local investors to alternative assets like crypto. Chinese investors rely on the Swiss offshore banking industry, Hong Kong real estate market, and foreign stock markets to hoard
The post China Threatens Overseas Tax Havens, Will Investors Flock to Crypto? appeared first on CCN
On October 12, CCN reported that BK Global Consortium, the parent company of Singapore-based BK Medical Group, has acquired a 50 percent stake in Bithumb, South Korea’s largest crypto exchange. Kim Byung-gun, a prominent plastic surgeon and blockchain investor, finalized the deal between BK Global Consortium and Bithumb, officially acquiring the leading cryptocurrency trading platform
The post Why Investors are Highly Optimistic in Acquisition of Korea’s Largest Crypto Exchange appeared first on CCN
Age and gender seem to be crucial factors when it comes to purchasing cryptocurrencies in the world’s largest economy. According to a survey conducted by cryptocurrency startup Circle, the interest of millennial men in investing in crypto is higher than that of millennial women with 18% of the former planning on investing in crypto in
The post The Young and the Restless: Millennial Males Dominant Among Crypto Investors in the US appeared first on CCN
Chart for EOS/USD (1W)
Cryptocurrency markets plunge deep in the red, dancing to the tune of Bitcoin (BTC). Eos (EOS) investors are not moved by this confusion. In fact, as the above weekly chart for EOS/USD shows, the price of Eos (EOS) has not corrected the same way as the rest of the market. A lot of altcoins have formed bullish cypher patterns during the correction. However, unlike them, Eos (EOS) did not bother to complete its bullish cypher pattern. It snuck out in the middle of the correction and took off to test the 10 Week EMA. It has currently faced a strong resistance at this point. However, it is pertinent to note that the 21 Week EMA and 10 Week EMA have come incredibly closer. If Eos (EOS) breaks above the 10 EMA with ample strength it can break straight through the 21 EMA.
The latest crypto investment fund on the block is Dragonfly Ventures, a $ 100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures.
“We come at crypto as generalist venture capitalists who have been investing in internet technology for decades. With Dragonfly, we have decided to go all-in on crypto, because we believe that crypto is the most interesting tech trend today by far,” said Dragonfly managing partner and Bain Capital advisor Alexander Pack in an interview with Bitcoin Magazine.
Opp Open WiFi aims to provide free access wifi hotspots to all! A supremely innovative business plan incentivises anyone to provide a wifi hotspot for anyone else to access for free! Furthermore, investors will now receive 30% of yearly future profits on the first 70 million tokens sold — one of the first utility token based companies to actually do this.
How does it work?
Research carried out by the company shows that around 80% of people who have paid internet access contracts don’t use all the data they pay for.
Continue reading Opp Open WiFi To Share Profits With Investors at Crypto Daily™.
A recent survey of over 1,000 Americans hoped to glean more about attitudes toward crypto. According to Clovr, the vast majority of virtual currency investors are young, male, and relatively wealthy.
Clovr, a company focused on fostering mainstream adoption of blockchain, recently carried out a survey of 1,004 Americans vi the Amazon Mechanical Turk Platform. The survey focused on people’s thoughts about crypto and investing.
The company said more than 75% of respondents indicated they had an understanding of what cryptocurrency is. Clovr noted how the results seemed to suggest that:
This week, CCN reported that Yale, the prestigious Connecticut-based academic institution, has invested in a $ 400 million crypto fund operated by veterans in the digital asset and finance space. Coinbase Inc. co-founder Fred Ehrsam, former Sequoia Capital partner Matt Huang, and billion dollar crypto hedge fund Pantera Capital ex-employee Charles Noyes reportedly launched a new
The post Will Yale’s Investment in Crypto Lead to More Institutional Investors? appeared first on CCN
A recent survey by Fundstrat Global Advisors has revealed bullish sentiments among institutional investors in regards to the prospects of cryptocurrency performance during an economic recession.
According to the results from the survey, as reported by MarketWatch, more than 70 percent of institutional investors believe that prices of cryptocurrencies will increase during a recession.
This result tallies with a similar survey, this time among Twitter users. In the Twitter poll, 59 percent of the responders believe that virtual currency prices will surge during an economic crisis.
Americans are split almost evenly on the topic of whether or not cryptocurrency represents a promising investment class with a bright future. A new Clovr research report sampling over 1,000 American adults found that roughly even segments of the U.S. population have strongly positive and apprehensive, bordering on hostile, views toward crypto assets, even as
The post U.S. Investors Divided on Outlook for Cryptocurrency: Survey appeared first on CCN
In recent years, the crypto industry has been consistently impacted by a range of data breaches, hacks, and scams that have left users wanting for more of the heralded decentralization that crypto is meant to champion. Increasingly, investors and traders are looking for better ways to make sure their investments lay in their own hands.
This is especially relevant in a time where many crypto exchanges have essentially been holding users to ransom and closing accounts and withholding trades at will. Browsing social media shows countless complaints against the big exchanges for refusing to process payouts or closing accounts on the spot.
trueDigital, the product development group attached to trueEX, the first exchange approved by the Commodity Futures Trading Commission (CFTC), is planning to launch the industry’s first margined, physically-delivered Bitcoin (BTC) swap contracts. In its announcement, trueDigital states that these new derivatives contracts have been self-certified by trueEX’s CFTC-regulated swap execution facility (SEF), opening a door for institutional […]
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You might not know it by scrolling through your feed, but Crypto Twitter (CT) members are actually less convinced than institutional investors that Bitcoin (BTC) has bottomed out. According to a recent survey by Fundstrat, the market research firm led by notable Bitcoin bull Tom Lee, 54% of institutions believe BTC has bottomed while only 44% […]
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There’s a general perception that retail investors are susceptible to rosy-eyed forecasts about the future of bitcoin, while institutions are more clear-headed about the prospects of this nascent asset class. However, a new survey conducted by Wall Street strategy firm Fundstrat suggests that once institutional investors are interested in bitcoin, they become even more bullish
The post Institutions More Bullish on Bitcoin than Retail Investors: Fundstrat appeared first on CCN
Listen Here – https://soundcloud.com/cryptodaily/eos-failing-its-investors
EOS Governance Failure Exposed
There has been a wealth of speculation surrounding EOS and the EOS ecosystems governance over the past week or so. This comes off the back of a leak which seemed to prove that Chinese cryptocurrency exchange Huobi had been accepting donations in order to support certain voters within the EOS network that in turn contribute to how decisions are made within the project.
Continue reading How EOS Has Failed It’s Investors at Crypto Daily™.
After months of speculation, institutional investors have finally stepped into the cryptocurrency market by becoming the biggest buyers through over-the-counter (OTC) transactions. According to a report by Bloomberg, these investors have bought over $ 100,000 cryptocurrencies via private sales. Bobby Cho, global head of trading at Cumberland, a division of crypto company DRW Holdings LLC, said that
The post Institutional Investors Biggest Buyers of Cryptocurrency worth over $ 100,000: Report appeared first on CCN
Grayscale Bitcoin Investment Trust (GBTC), the lone investment trust tied to Bitcoin that trades on the public U.S. markets, has come under significant investor scrutiny after shares recently dropped to 80% below December highs while Bitcoin only fell 66% over the same period. According to a report by Bloomberg, the reasoning behind the divergence in […]
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