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Institutional Investors Pump $429 Million Into Crypto as Bitcoin Steals the Show

Institutional Investors Pump $429 Million Into Crypto as Bitcoin Steals the Show

In the past one week, institutional investors pumped a whopping $429 million into crypto funds and products, with GrayScale taking the bulk at $336.3 million.

Bitcoin Recovers Its Losses After Early Week Plunge and Manages to Maintain Price above a Crucial Level

Bitcoin Recovers Its Losses After Early Week Plunge and Manages to Maintain Price above a Crucial Level

Bitcoin has rebounded after a steep plunge experienced earlier this week, which left investors hypothesizing about what lies ahead of the leading crypto asset.

President Xi Urges Expedition of Blockchain Development in China

President Xi Urges Expedition of Blockchain Development in China

On Oct. 25, China’s President Xi Jinping said at the study session of the Politburo held on Thursday that the nation should accelerate the development of blockchain technology.

Grayscale Bitcoin Survey Reveals More Than 50% of US Investors Are BTC Hungry, Clear Crypto Regulations May Onboard More

Grayscale Bitcoin Survey Reveals More Than 50% of US Investors Are BTC Hungry, Clear Crypto Regulations May Onboard More

Grayscale’s Bitcoin Investor Study revealed that Bitcoin interest and knowledge among investors have been steadily growing this year, accelerated by COVID-19.

KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens

KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens

Data don’t lie. New research from KPMG investigated how consumers feel about the application of blockchain digital tokens. It turned out that consumers believe that the blockchain-baked tokenization could significantly transform the way businesses interact with the public. But it emerged that most businesses have not embraced the new technology. Now, you can guess the implications.

Ternio Research Finds Blockchain-Affiliated Companies Are Employing Over 86,000 People

Ternio Research Finds Blockchain-Affiliated Companies Are Employing Over 86,000 People

Ternio, a leading white-label technology company, has revealed the findings of a new study dubbed “The State of Crypto Entrepreneurship 2019.” It was, therefore, estimated that crypto/blockchain organizations employ 86,443 people across the globe.

Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand

Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand

Institutional-grade digital asset manager, Grayscale Investments is up $3.4 billion in assets under management (AUM) over the last week, bringing total AUM to $16.4 billion.

US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives

US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives

The United States Commodity and Futures Trading Commission (CFTC) held a meeting earlier this week to study the potential impact of the stablecoin industry. The derivatives regulator met with stablecoin industry experts to understand its future implications.

Eastern Europe Hotbed For Darknet As Ransomware Activity Increases

Eastern Europe Hotbed For Darknet As Ransomware Activity Increases

A recent study from Chainalysis has found that darknet operators are responsible for a disproportionately large share of the crypto market in Eastern Europe.

UK Research Shows 66% Control of Hash Rate is Coming From China

UK Research Shows 66% Control of Hash Rate is Coming From China

Reporting on a study developed by UK based company CoinShares, as much as 66% of global hash rates come from and are controlled by Chinese Entities.

Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests

Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests

A research study by Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued at a mammoth $21 billion in the next five years. The report explored the rise of financial technology and blockchain companies working towards financial inclusion and targeting developing countries and regions to leverage growth. Such regions, incidentally, have witnessed a growth in educated talent in the past decade, and are well-suited to interact with and understanding distributed ledger mechanisms.

HK FinTech Week: What’s Next for Blockchain in Finance?

HK FinTech Week: What’s Next for Blockchain in Finance?

HK FinTech Week: What’s Next for Blockchain in Finance?

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