KPMG: Institutional investors invest in cryptocurrencies to hedge inflation
Experts at KPMG, one of the largest consulting firms, have observed a surge in interest among Canadian institutional investors towards cryptocurrencies as a safeguard against the devaluation of traditional currencies.In their report, researchers state that in 2023, 39% ...
CoinDesk Indices: Bitcoin and Ethereum fall amid stagflation in the US
Based on recent data from CoinDesk Indices, the digital asset market is experiencing a downturn due to the looming threat of stagflation and the infusion of liquidity into the market through the US Treasury General Account (TGA). As a new week begins, crypto traders and ...
Justin Sun: “The American regulator will not approve spot ETFs for ether in May”
Tron founder Justin Sun remains skeptical about the potential approval of spot ETFs linked to ether by the US Securities and Exchange Commission (SEC) in the near future. According to Sun, it is still too early for Ethereum-based exchange-traded funds to enter the marke ...
Market after halving: what exactly prevents cryptocurrencies from growing
The rise in the value of Bitcoin and Ethereum continued for seven months, starting in September 2023.. Looks like this series will end in April. Reasons: economic situation in the main market, the USA. Bitcoin Bitcoin rose in price by less than 1% in the week from ...
Stephen Nerayoff: "ETH is a security because Ethereum is centralized"
An ex-consultant to the Ethereum team has claimed that ether has been a security ever since its initial coin offering (ICO) and has accused the network's co-founders of fraudulent activity.In a series of tweets, Steven Nerayoff argued that the Ethereum network has been ...
Bloomberg: Hong Kong Bitcoin and Ether Spot ETF Trading to Start on April 30
As revealed by Bloomberg, citing Hashkey company, Hong Kong will see the introduction of the first batch of six spot exchange-traded funds (ETFs) based on cryptocurrencies on April 30, 2024. Bloomberg Intelligence senior analyst Eric Balchunas confirmed the information, ...
KPMG: 39% of Canadian institutional investors invested in crypto assets
In a recent study conducted by consulting firm KPMG, it has been found that Canadian institutional investors are increasingly diversifying their portfolios by investing in cryptocurrencies in 2023 as a hedge against inflation concerns.A total of 65 organizations partici ...
WSJ: Grayscale has applied to launch a new product based on Ethereum
The investment firm, Grayscale, is seeking approval from the SEC to establish a novel product called the Ethereum Mini Trust, according to regulatory documents cited by The Wall Street Journal (WSJ).In order to create this new offering, Grayscale intends to allocate a p ...
Arthur Hayes: “Now is not the time to be pessimistic about cryptocurrencies”
Former BitMEX CEO Arthur Hayes has expressed his belief that a combination of factors including inflation, increasing government debt, and a limited supply of Bitcoin could drive up prices in the cryptocurrency market. Speaking on the X network, Hayes encouraged crypto enthusias ...
Raoul Pal: “In 2030, half the world’s population will own cryptocurrencies”
Prominent former Goldman Sachs executive Raoul Pal drew a parallel between the rapid adoption of the Internet in its early years and the growing popularity of cryptocurrencies since 2016, when the user count surpassed one million for the first time. Real Vision CEO Raou ...