The head of Fidelity Digital Assets, Tom Jessop, recently affirmed that the adoption, as well as the maturation of cryptocurrencies alongside the inclusion of digital assets under a class of potential investments, is undoubtedly expected to increase within the coming years. This could be the indication that cryptocurrency as a whole may have finally convinced regulators and financial backers to […]

The most important election since the founding of the European Union is to be held this September as Angela Dorothea Merkel, one of the longest ruling elected politician, steps down. It’s the end of an era in many ways and very much the beginning of a new one with a once weak Germany now feeling confident. It is also in […]

New York-based hedge fund Third Point Management is the latest multi-billion dollar firm to reveal it has delved into the cryptocurrency industry. According to its latest filings with the securities regulator, it holds a significant amount of crypto on Coinbase. Founded by billionaire investor Daniel Loeb, Third Point currently holds crypto from five of its investment funds with Coinbase, regulatory […]

In a sudden move, the pioneer cryptocurrency price surged back above $60,000 on April 10 for the first time since mid-March. Bitcoin went on to rampage past $61,000 before retreating to approximately $60,607.99 at the time of publication. The world’s second-biggest cryptocurrency, ethereum, also surged to a fresh all-time high near $2,200. Bitcoin’s upsurge was accompanied by a stream of […]

Hong Kong app-production firm Meitu has revealed that it holds $100 million worth of cryptocurrencies in its portfolio. This was revealed in a disclosure filing on Thursday with the Hong Kong Stock exchange.  $100 million worth of Crypto-assets Meitu reached the $100 million crypto-asset mark following its latest purchase of 175 bitcoins worth $10 million this week. This milestone was achieved over […]

Bitcoin has been turned into a stablecoin. Who done it is unknown, but the currency is currently in one of its longest period of consolidation. It trades at $58,000 at the time of writing, about as much as in February, two months ago, with it unclear whether it plans to ever get out of this $50k foreva peg. In contrast, […]

Bitcoin price still can’t crack back above $60,000 and prices are slowly moving downward. And while the creator of the popular stock-to-flow model agrees there’s no avoiding regular corrections in the leading cryptocurrency, the top of the current cycle is “nowhere near.” Here’s a closer look at why the model’s creator is so confident in further price appreciation, along with […]

On Wednesday (April 7), former Goldman Sachs executive Raoul Pal, who is seen as an important influencer in the crypto community, pointed out that since its inception, Ethereum has outperformed Bitcoin by 250%. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for global asset management firm GLG Partners […]