Latest Investing News

  • UNICEF Crypto Fund to Invest $100K in Humanitarian Blockchain Projects
    UNICEF Crypto Fund to Invest $100K in Humanitarian Blockchain Projects
    UNICEF’s crypto fund is looking for blockchain startups from emerging countries that tackle COVID-19 and humanitarian challenges. Over the past four years, the United Nations International Children’s Fund has been investing in startups applying open-source technology, hoping to make the world a better place, but is looking to step up its game even further now. Cecilia Chapiro, an investment advisor at UNICEF Ventures, told Cointelegraph that UNICEF had launched its innovation fund in 2016 with the goal to support emerging technologies being built in developing countries.
  • Boomer and Gen-X Interest in Bitcoin Surges During Pandemic
    Boomer and Gen-X Interest in Bitcoin Surges During Pandemic
    Boomers and Gen-X investors have increased their Bitcoin investments by a factor of nine since the start of the global lockdown. The older generations have increased their monthly Bitcoin investments by a factor of nine on UK crypto trading app Mode since the beginning of the pandemic and lockdowns. Mode Banking reported that Baby Boomers (born 1946-1964) and Generation-X (born 1965-1980) investors are investing significantly larger portions of their wealth into Bitcoin since the start of the COVID-19 pandemic. Using February as the baseline, the findings show that investments from these generations increased 2.24x in March, 4.49x in April, and 8.88x in May. However the report does not cite any dollar values on the relative amounts invested, so it’s difficult to determine how significant the data is. Mode Chief Product Officer Janis Legler stated: “We believe these to be very interesting findings, and although the reasons for this could be manifold, they could potentially reveal an unprecedented change in the way investors think today, as a result of the global pandemic.” Bitcoin investments by the older generations are growing during COVID-19.
  • Investing in Blockchain Gaming: Why VCs Are Betting Big
    Investing in Blockchain Gaming: Why VCs Are Betting Big
    “Blockchain integration essentially enables community ownership of the entire gaming ecosystem, which in turn allows game publishers to uniquely monetize their model, create richer and deeper experiences, and extend the lifetime value of the assets that they are creating.” How healthy is the gaming industry? Fortnite thoughtfully provided a concise answer to that question on June 16th. In advance of the much-anticipated unveiling of The Device, a live event on the game platform, slots were full half an hour early as eager gamers logged in to witness Epic’s latest twist in its flagship game. The number at which participation was capped? Twelve million players in-game.
  • 12 Lessons From Winning and Losing $12 Million in Crypto
    12 Lessons From Winning and Losing $12 Million in Crypto
    Sharing personal experience, insights and hopes about cryptocurrency investment strategies. Over the last few years, I gained over $12 million dollars investing in cryptocurrencies.
  • Republic aims to make venture capitalists of us all with token sale
    Republic aims to make venture capitalists of us all with token sale
    The investing platform is selling $8 million in Republic Notes to its members, who receive dividends if startups go big.
  • Messari: 1% Allocation From Institutions Could Drive BTC to $50,000
    Messari: 1% Allocation From Institutions Could Drive BTC to $50,000
    Crypto research firm Messari has estimated that Bitcoin could trade for $50,000 each if institutions allocate a low-single-digit portfolio percentage to BTC. Messari’s Ryan Watkins has crunched the numbers and predicts that if institutions allocate just 1% of their portfolios to Bitcoin, then BTC’s market cap could rise to above $1 trillion, Watkins’ research sought to calculate the impact on the BTC price of institutions following the famed hedge fund manager Paul Tudor Jones’ example of investing a “low single-digit percentage” into Bitcoin.   $1 trillion BTC market cap The researcher predicts that a tiny percentage allocation from endowments & foundations, family offices, sovereign wealth funds, pension funds, and mutual funds to BTC would result in around $480 billion in new money entering the Bitcoin markets. Citing research by crypto researcher Chris Burniske that found fiat flows into crypto to typically drove price gains of between two times and 25 times during the 2017 bull trend, Watkins estimates that “an aggregate 1% institutional allocation to Bitcoin can easily bring Bitcoin’s market cap above $1 trillion, or over $50,000 per BTC”. Estimated impact of 1% institutional allocation to BTC on Bitcoin’s market cap: Messari  Which institutions will lead the crypto charge? While Watkins believes that “Bitcoin may not need institutions to succeed” he says that “if Bitcoin is to become a globally adopted non-sovereign store of value, it will need to convince institutional investors to transfer wealth into the asset.” Watkins predicts that hedge funds will lead the institutional charge into crypto, however Ryan Radloff, the CEO of multi-billion custodian Kingdom Trust predicts that the $28 trillion US retirement sector will be the first-mover as consumers demand the ability to allocate digital assets toward their retirement portfolios. Other analysts believe that institutions will be brought into the fold by i
  • Average Price of Bitcoin More Than Quadrupled Between Reward Halvings
    Average Price of Bitcoin More Than Quadrupled Between Reward Halvings
    Investing in bitcoin has been somewhat of a phenomenon, as millions of individuals have invested funds into the crypto-economy since at least 2010.
  • Investing in Bitcoin? - 'They thought I was being scammed' 
    Investing in Bitcoin? - 'They thought I was being scammed' 
    "They thought I had fallen into the hands of scammers; they thought I was being scammed," Tendai Tomu, author of Libra in Africa, told me when I asked him what his family's reaction was to his block The post Investing in Bitcoin? - 'They thought I was being scammed'  appeared first on AMBCrypto.
  • Vietnamese Official Urges Public to Avoid Funding Campaigns for Crypto Business
    Vietnamese Official Urges Public to Avoid Funding Campaigns for Crypto Business
    A senior Vietnamese police official said cryptocurrency fundraisers are illegal in the country and people should not invest in them. The former deputy head of Vietnam’s Criminal Police Department, Vu Hoang Kien, has stated that campaigns to raise money for cryptocurrency businesses are illegal in the country. Kien warned Vietnamese citizens to stay vigilant and not be lured in by any form of cryptocurrency investment schemes, no matter how high the returns.  Apart from the risk of investing in such schemes, he further emphasized that cryptocurrency investments and payments made using virtual currencies are not legally recognized in the country.
  • 12 Reasons to Buy Bitcoin in 2020
    12 Reasons to Buy Bitcoin in 2020
    Investing is a serious endeavor that requires comprehensive research, experience, and reasons behind each decision.
  • South Korea Should Tax Cryptocurrency Trading Profits, Says Finance Minister
    South Korea Should Tax Cryptocurrency Trading Profits, Says Finance Minister
    A local report indicates that South Korea’s Minister of Finance and Economy believes that the country should impose a tax on cryptocurrency trading and investing.
  • If Crypto Is Anything Like Fixed-Income, It’s Going to Need a Fatter Textbook
    If Crypto Is Anything Like Fixed-Income, It’s Going to Need a Fatter Textbook
    Expect digital assets investing to mirror fixed income investing and become more specialized and complex over time, says our columnist.