Investments

  2020 has been a huge year for fintech. As COVID-19 continually reigned chaos onto the global economy, a wave of change and innovation crashed over the industry. Join your industry leaders at the Finance Magnates Virtual Summit 2020: Register and vote for the FMLS awards After all, it had ...

  Earlier this week, data from Glassnode showed that the amount of BTC that was being kept on cryptocurrency exchanges was at its lowest point in months. The total number of Bitcoins on exchanges has been steadily declining since March 12th and 13th, when the most famous crypto market crash ...

The Central Bank of the Bahamas has become the latest national financial institution to launch a state-backed digital currency. The so-called “Sand Dollar”, pegged to the Bahamian dollar (which is pegged to the USD), is now available to all 393,000 Bahamian residents. While a number of countries around the globe ...

  With less than three weeks to go until the presidential election, all eyes are on the United States–and on the country’s economy. Join your industry leaders at the Finance Magnates Virtual Summit 2020: Register and vote for the FMLS awards Indeed, throughout this COVID-ridden year, the financial steps that ...

The amount of Bitcoin stored on exchanges is “continuously plummeting,” according to a new report from CoinTelegraph. Indeed, since Crypto’s ‘Black Friday’ in March, when the price of Bitcoin swiftly fell from over $9,000 to nearly $4,000, data from Glassnode shows that the amount of Bitcoin that traders are storing ...

Singapore-based digital asset exchange Huobi is expanding the number of fiat currencies that can be used on its platform, according to a recent announcement from the company. On Saturday, the exchange said that it would be adding support for the Australian dollar (AUD), British pound sterling (GPB), and the Euro ...

Analysts have long tried to imply a strong connection between Bitcoin and gold as safe-haven investments in times of trouble. In theory, this works, as both the crypto asset and the precious commodity are used as a macro hedge against inflation, and the devaluation of fiat currency and traditional equities ...

Scammers have been impersonating members of Kraken’s token listing team and employees in recent weeks, promising coverage of projects in exchange for a fee. Kraken, a digital-asset exchange operating from the United States, said Friday that cryptocurrency teams that use LinkedIn and Telegram should be on high alert. They were ...

As the week draws to a close, Bitcoin seems to be continuing to strengthen its position over the $10k mark; in fact, BTC has spent most of this week sitting comfortably over $11,000, and seems to be holding strong. While Bitcoin’s upward climb could primarily be the continuation of the ...

Over the past several years, the Group of 20 (G20) has increasingly had its eye on cryptocurrencies. However, until recently, G20 seemed to view and engage with crypto and blockchain technology from a distance. The group, which is an international organization of central bank governors and finance ministers from the ...