Institutional cryptocurrency assets increased for the sixth week in a row
Institutional investors increase their crypto holdings for five weeks straight, indicating that market players are once again bullish on Bitcoin (BTC) and the major altcoins despite the recent selloff in the crypto markets. According to digital asset management CoinShares, investment flows into crypto goods totalled $42 million in the week ending September 19, with $15 […]
Fidelity Investments merges with Regulators to Bring Crypto Assets mainstream
According to the president of Constancy Digital Property, Constancy Investments’ cryptocurrency subsidiary, crypto is “its personal distinctive asset class.” “We and others are very engaged with regulators … to carry this asset class into the mainstream.” he stated. Digital Property with Consistency President Tom Jessop discussed cryptocurrency’s future in an interview with Yahoo Finance on […]
Venezuela’s “Digital Bolivar” debuts in October
Venezuela’s Central Bank will simultaneously devalue its currency by deducting six zeros from it in order to combat monetary inflation. Venezuela’s currency will be undergoing a transformation in more ways than one as the government attempts to contain inflation while also establishing monetary sovereignty. The Central Bank of Venezuela announced today that the digital bolivar, […]