INVESTMENT
Bitcoin Dominance Hits 4-Year Low, Dormant Supply Touches Historic Highs
Bitcoin’s dominance in the crypto scene has nosedived as the leading cryptocurrency continues trading on shaky grounds.
Crypto-related Investment Slowdown May Continue in H2, KPMG Predicts
Attributed to the so-called crypto winter during H1, the amount of investment in the crypto market has been dragged, attracting over $14 billion in H1, according to global audit and consultancy firm KPMG.
Crypto Investment Platform Bitpanda Launches Commodities Trading
Bitpanda has launched the ability for investors to trade commodities as the crypto trading platform continues to expand its product offerings beyond cryptocurrency, stocks, and precious metals, among others.
Crypto-Friendly Revolut under Pressure after UK Regulators Find Audit Flaws
Revolut has been flagged as being at risk of not meeting auditing requirements.
More Than 11% of UAE Residents Have Set Foot in Crypto Space
As the United Arab Emirates (UAE) gears up to become a global crypto hub, approximately 11.4% of its residents have entered this sector, according to the Telecommunications and Digital Government Regulatory Authority (TDRA).
Bitcoin Briefly Slips Below $20K amid Fed Chair’s Revelation that Rate Tightening will Continue
Bitcoin (BTC) nosedived below the psychological price of $20,000 as recession, and rate tightening fears engulfed the market.
Latvian National Extradited to the U.S for Crypto and Wire Fraud
Ivars Auzins, a Latvian citizen, accused of committing securities and wire fraud using eight companies that alleged to mine or invest in crypto assets, was extradited to the United States to face a six-count indictment charge.
Ethereum Outperformed Bitcoin Since June Bottom, Up by Nearly 100%
Ethereum (ETH) has scaled heights more than Bitcoin (BTC) since they both hit 2-year lows in June.
Canadian Pension Fund Achnoledges Investemnt Loss for $200m CAD on Celsius Network
Charles Emond, the Chief Executive Officer of Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ), has indicated that the company’s investment in Celsius Network is now considered lost.
40 Public Firms Invest around $6B in Blockchain Industry: Blockdata
Google's parent company Alphabet has become the top investor in the blockchain industry, according to a research report released by the blockchain market intelligence agency Blockdata.
Enthusiasm to Sell in the Crypto Market Subsided amid Prices Stabilize
The urge to sell in the cryptocurrency market has dwindled based on the surge of leading coins, according to on-chain insight provider Santiment.
Public Pension Funds Eroded by Headwinds from Crypto Winter
The fall in crypto prices has caused a contagious impact on investment products, including public pension funds that recently dipped their toes into the crypto pool.
UK’s Channel Islands Tax Haven Luring Investors into Crypto
UK’s Channel Islands of Guernsey and Jersey are trying to convince more crypto investing in the jurisdictions. Its regulations are regarded as tax havens to enable crypto investors to escape high taxes.
KuCoin Labs Rolls Out Incubation Program with Univers Network to Boost Web3 Exploration
KuCoin Labs, the incubation and investment arm of crypto exchange KuCoin, has launched an incubation program with Univers Network to aid the exploration of the Web3 space.
Investors Remain Optimistic about Crypto Market’s Future Despite Meltdown: CoinLoan
A study undertaken by crypto business CoinLoan shows that most investors are still bullish about the cryptocurrency market's future despite the challenges witnessed.