Alameda Research reveals buying ‘a lot more’ Bitcoin below $30K
Alameda Research, run by Sam Bankman-Fried, has raised its Bitcoin buying near the pivotal psychological support level of $30,000. On Tuesday, Alameda Research, a Hong Kong-based quantitative trading and liquidity solutions business managed by FTX CEO and founder Sam Bankman-Fried, took advantage of Bitcoin’s (BTC) agonising drop below $30,000, converting it into a so-called “buy the […]
Bitcoin Security: Survey shows low confidence among institutional investors
A new study on Bitcoin security reveals that institutional investors are still hesitant to purchase BTC because of concerns about the security of crypto custodial services. Nickel Digital Asset Management, a cryptocurrency fund based in the United Kingdom, conducted a poll of 100 wealth managers and global institutional investors to determine the most pressing worries […]
Etherisc announces the enrollment of 17K Kenyan farmers to their blockchain-based crop insurance programme..
Approximately 6,000 Kenyan farmers will get payments from the project before the end of the season for crops that have been negatively affected by climate change, according to the programme. A collaboration between the decentralised protocol Etherisc and the microinsurance provider ACRE Africa has enabled thousands of farmers in Kenya to acquire coverage for weather-related […]
China Wants US Lawmakers To Stay Off The Digital Yuan
China responded to US senators’ allegations that the digital yuan would be used as a tracking and tracing tool during the 2022 Beijing Winter Olympics. Even before the Olympic flame is lit at the 2022 Beijing Winter Games , tensions between US politicians and Chinese authorities are mounting. During a Tuesday news briefing, Chinese Foreign […]
JPMorgan: Senior exec claims many of their clients see BTC as an asset class
The director of asset and wealth at JPMorgan in an interview claimed many of their clients see BTC as an asset class and want to invest in it. In the words of JPMorgan’s director of asset and we alth management, “The volatility you see in it today just has to play itself out,” According to […]