#investments

Apr 30, 2021
2 min

Korean FSC Chairman Orders HODLers To File Reports On Their Investments

Eun Sung-soo, the Chairman of the Korean Financial Services Commission, has ordered FSC officials who hold crypto to file reports on their investments by May 7. It has been reported that the FSC employees subject to reporting are those who manage virtual currency tech developments, those responsible for drafting and applying digital currency laws, and those who report on and manage crypto exchanges. However, an article from the Korea Times notes the comparative lack of regula

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Boomers and Gen-X Increases Monthly Bitcoin Investments During Pandemic

Crypto News Point

Jul 2, 2020
2 min

Boomers and Gen-X Increases Monthly Bitcoin Investments During Pandemic

Baby Boomers and Generation X have increased their monthly Bitcoin investments by a factor of nine on U.K 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. 📊 Data compiled by our team of in-house analysts reveals that #Bitcoin investments

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Bitfury Announces Partnership Program To Let Institutions Invest In Bitcoin Mining

Crypto News Point

May 27, 2020
2 min

Bitfury Announces Partnership Program To Let Institutions Invest In Bitcoin Mining

Bitfury, a mining company, has announced a partnership program to let institutions invest in Bitcoin (BTC) mining. On May 26, it has been reported that the program will help family offices and other institutional funds diversify their portfolios into digital asset infrastructure, as Bitfury said that this was previously an arduous task for these investors. However, the investment will be possible in data centers in North America and other unspecified regions through custom-ta

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Security Tokens Basics: What You Need To Know

Crypto News Point

Feb 14, 2020
8 min

Security Tokens Basics: What You Need To Know

In this Security tokens basic guide, I have pointed out the very basics of these cryptographic tokens that pay dividends, share profits, pay interest or invest in other tokens or assets to generate profits for the token holders. It performs the same function as conventional security, except that it confirms ownership through blockchain transactions and also makes fractional ownership possible. Security tokens are subject to federal laws that govern securities, protecting inv

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Blockchain Investment In China Has Dropped Over 40% In 2019

Crypto News Point

Jan 21, 2020
1 min

Blockchain Investment In China Has Dropped Over 40% In 2019

Blockchain spending in China in the areas of investment and financing deals has dropped over 40% in 2019. According to a joint study by China’s government-run financial information and media firm Xinhua and financial data platform Rhino Data, the total amount spent in blockchain investment deals has accounted for 24.4 billion Chinese yuan ($3.6 billion). Over the year 2019, China had a total of 245 investment and financing deals which is roughly 60% less than in the preceding

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Alchemy Garners Investments From Multiple Notable Mainstream Entities

Crypto News Point

Dec 18, 2019
1 min

Alchemy Garners Investments From Multiple Notable Mainstream Entities

Alchemy, a blockchain infrastructure startup, has garnered investments from multiple notable mainstream entities, including Stanford University, as well as leaders from other top businesses. From Discover on Google https://t.co/mHz7gBsYjG — XRP IS IT (@Raymond47640780) December 18, 2019 On December 17, it has been reported by Bloomberg that Alchemy, a startup focused on providing blockchain infrastructure, as well as other tools for developers, has amassed $15 million in con

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Fintech Startup OPay Raises $120M From Chinese Investors

Crypto News Point

Nov 19, 2019
1 min

Fintech Startup OPay Raises $120M From Chinese Investors

Opera web browser’s, Africa Fintech startup OPay has sealed $120 million in a Series B financing round from a host of high-profile Chinese investors. Found in 2018, OPay focuses on developing digital payment solutions to promote financial inclusion. It previously raised $50 million in June this year. Payment Solutions Across Africa On Nov. 18, TechCrunch reported that OPay reportedly intends to use the new Series B $120 million round to scale and extend its digital payments s

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Binance Raises Max Margin, Leverage on Bitcoin Futures to 125X

Crypto News Point

Oct 20, 2019
2 min

Binance Raises Max Margin, Leverage on Bitcoin Futures to 125X

Binance futures platform has increased the leverage on Bitcoin (BTC)/Tether (USDT) contracts to 125x. Support for the contracts went live at 9:00 am UTC with the traders being able to select 1x-125x leverage. The press release stated: “At 125x leverage, a 100 USDT collateral deposit on Binance Futures will allow users to hold 12,500 USDT in BTC.” Risk Balancing With Efficiency High leveraged trading is introduced using a “sophisticated risk engine and liquidation model,”. It

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Nasdaq Lists AI-Powered Crypto Index for Top 100 Coins

Crypto News Point

Oct 17, 2019
1 min

Nasdaq Lists AI-Powered Crypto Index for Top 100 Coins

The world’s second-largest stock exchange NASDAQ has listed an AI-powered CIX100 index created by crypto data provider Cryptoindex. AI-based Tracking CIX100 index is powered by artificial intelligence to give traders a quick view on the real-time performances of the crypto markets. The index was previously listed by Reuters, Bloomberg and Tradingview. According to the company it works without human intervention. The algorithm wades over data from 1800 tokens to develop a live

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