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$25 Million in 2 Weeks: BlockFi Booms as Bitcoin, Ether Investors Seek Interest

The Takeaway BlockFi’s interest-yielding deposit accounts, launched in beta in January and fully live this month, have attracted more than $35 million in crypto. Most of it is being lent to institutional borrowers. BlockFi’s terms of service…
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Emerging Markets are Surging and Investors Could Send Bitcoin Moon-Bound

Emerging markets and their respective currencies are on the rise, which historically has had some correlation with the price of Bitcoin. According to Morgan Stanley, the global emerging markets benchmark is expected to rise by around 8 percent…
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Canadian Federal Tax Agency Targets Bitcoin Investors

The Canada Revenue Agency (CRA) has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets. Forbes reported…
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Canada Revenue Agency Auditing Crypto Investors

The Canada Revenue Agency (CRA), the government’s tax collection service, is reportedly auditing investors in cryptocurrencies like Bitcoin (BTC), Forbes reports on March 6. Citing sources close to the matter, Forbes states that the CRA has…
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Bitcoin Investors Are Moving to Gold

Jan Van Eck, CEO of Van Eck Associates, suggested that Bitcoin (BTC) investors have moved to gold during an interview with CNBC published on Jan. 26. Van Eck declared that he thinks “that Bitcoin pulled a bit of demand away from gold last…
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Major Blockchain Investors Arrington XRP, NEO Global Back DEX-Focused Startup

Decentralized exchange (DEX) aggregator Totle has closed a fresh funding round led by major blockchain investors, according to a blog post from the firm Jan. 14. Arrington XRP, a crypto-focused hedge fund created by TechCrunch founder Michael…
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Overstock’s Security Token Trading Platform to Give Investors Control Over Token-Holdings

The security token exchange subsidiary of e-commerce retail giant Overstock, tZero, has started releasing control of its tokens, according to a letter to investors released on Jan. 11. Last August, the subsidiary had announced that its security…
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Investors Lost Homes as Bitcoin Crashed, Are Stocks the Same?

Sky News, a British TV station and mainstream media outlet, reported that investors lost homes as the Bitcoin price crashed. But, the same argument can be applied to the stock market, real estate, and every other major market. The report claimed…
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Why Billionaire Investors Remain Positive on Long-Term Trend of Crypto

Mike Novogratz, Jim Breyer, and Tim Draper are some of many billionaire investors in the traditional financial market who remain optimistic towards the long-term trend of crypto. How are these investors able to maintain their positive stance…
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Investors in US Market Paid $39,000 to Buy Bitcoin at Peak Using GBTC

TwitterFacebookLinkedIn In the bull market of 2017, crypto investors paid more than $40,000 per Bitcoin (BTC) to purchase the dominant cryptocurrency. In the US market, a product called the Bitcoin Investment Trust (GBTC) offered by Grayscale…