FTX CEO warns investors to be cautious about the NFTs space
FTX CEO, Sam Bankman-Fried has highlighted the rapid adoption of non-fungible tokens (NFTs) as a potential cause for investors to take caution, he also stated that investors need to be educated so as not to be exposed to the volatile market dynamics. In a recent interview with CNBC’s Street Signs Asia , Sam Bankman-Fried voiced […]
Report shows that Fidelity’s crypto ambitions are bigger than expected
Fidelity’s strategy to corner the cryptocurrency market appears to be more ambitious than previously thought, as asset management seeks to expand institutional access to digital assets. Chrstine Sandler, the head of sales and marketing for Fidelity Digital Assets , claimed institutional interest in crypto is expanding in a recent interview with the Boston Globe. Bitcoin […]
Bitcoin holds strong even as a crash hits the Gold market
With Bitcoin still holding strong in position, the prices of Gold have dropped below $1,700 per ounce this morning. A sudden fall on August 9 brought gold prices below $1,700/oz, bringing it to its lowest level since March. During Asian trading hours on Monday, the price of the precious yellow metal fell to $1,690/oz, according […]
Blockchain identity market to reportedly grow by $3.58B between 2021 and 2025
According to a new projection, the worldwide blockchain identity management industry would increase at a compound annual growth rate of over 71% from 2021 to 2025. As stated by a new analysis on the potential for blockchain identity management systems to become integrated across sectors, the worldwide market for these solutions would expand at a compound […]
Elizabeth Warren Calls Upon SEC to Regulate Crypto Market
While there are crypto advocates such as Sen. Cynthia Lummis, there is also Bitcoin critic US Senator Elizabeth Warren who has written to SEC Chief Gary Gensler to regulate the market and protect people from crypto scams. Senator Elizabeth Warren of Massachusetts, a vocal critic of Bitcoin, has written to Securities and Exchange Commission (SEC) […]