Crypto

Crypto Is About to Crash: Time to Invest Now or Wait?

Crypto Is About to Crash: Time to Invest Now or Wait?

The crypto market has had a very turbulent year so far. After several significant cryptocurrencies reached record highs during the last few months, many of them now see their prices decreasing. In some cases, investing when prices are lower can be a clever investing strategy. However, buying stocks is not the same as investing in …

Crypto Is About to Crash: Time to Invest Now or Wait? Read More »

Bitcoin sank as China intensified crypto mining crackdown

Bitcoin Sank as China Intensified Crypto Mining Crackdown

On Monday, Bitcoin dropped low as China intensified its crackdown on cryptocurrency mining. According to data from Coin Metrics, on Monday morning, the world’s largest digital currency fell $31,766, dropping below $33,000 for the first time since the beginning of June. It was trading at $32,473 at 4:00 p.m. ET, down 9% on this day. …

Bitcoin Sank as China Intensified Crypto Mining Crackdown Read More »

PBOC urges Alipay and banks to crack down on cryptocurrency trading

PBOC Urges Alipay and Banks to Crack Down on Cryptocurrency Trading

On Monday, China’s central bank announced it had urged several payment companies and banks to clamp down on cryptocurrency speculation. The bank summoned major leaders, including the Industrial and Commercial Bank of China, the Agricultural Bank of China, and Alipay. The PBOC urged them to crack down harder on cryptocurrency trading and tell them they …

PBOC Urges Alipay and Banks to Crack Down on Cryptocurrency Trading Read More »

Hedge funds might hold 7% of assets in crypto for five years

Hedge Funds Might Hold 7% of Assets in Crypto for Five Years

Hedge funds might significantly increase the exposure to cryptocurrencies in five years. A new survey showed that the company has a significant vote of confidence for digital assets after recent price falls. Fund administrator Intertrust surveyed 100 chief financial officers globally. It found out that executives might hold an average of 7.3 percent of their …

Hedge Funds Might Hold 7% of Assets in Crypto for Five Years Read More »

UK Police found an illegal bitcoin mine in West Midlands

UK Police Found an Illegal Bitcoin Mine in West Midlands

Police in the United Kingdom says they accidentally discovered an illegal bitcoin mine while looking for a cannabis farm. Police have discovered a crypto operation that utilized stolen electricity to mine bitcoin in the West Midlands. Officers from West Midlands Police raided a building in an industrial estate on May 18. They were expecting to …

UK Police Found an Illegal Bitcoin Mine in West Midlands Read More »

bitcoin

Crypto Went Corporate: Litigation to Follow

Lately, cryptos have appeared to be far from the investments that would attract CFOs to diversify corporate portfolios. The joke seems to be over as executives seek to load corporate cash into electronic currencies. Novelty assets now are popular options to add to corporate ledgers. However, this expansion comes with additional risks from regulatory scrutiny …

Crypto Went Corporate: Litigation to Follow Read More »

Subscribe to Our Newsletters

Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.