Tag: Investors

Investors want crypto, but not without TradFi backing: Nomura survey

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Professional investors are still keen on crypto but want to see backing from large traditional financial institutions before taking the plunge themselves, a survey from Nomura’s digital asset arm has revealed. Institutional investor interest in crypto has stalled in recent weeks due to increasing regulatory uncertainty in the United States and its regulatory crackdown on the wider industry. In the Laser Digital Investor Survey conducted in April, 90% of professional investors polled said that it was important to have the backing of a “large traditional financial institution” for any crypto…

Bitcoin BTC Price Regains Ground to Reach $25.4K, but Investors Remain Jittery About Economy, Monetary Policy

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Ether, the second largest crypto in market value, was similarly sluggish to recently change hands at about $1,655, also about flat from Wednesday, same time. Similar to BTC, ETH hit a three-month low on Wednesday. Meanwhile, Tether’s USDT stablecoin deviated from its $1 dollar peg early Thursday (ET) amid a sell-off on the popular Uniswap and Curve pools. USDT dropped as low as $0.9968, according to CoinMarketCap data. The token was recently trading at $0.999. Original

Bitcoin BTC Price Holds Sinks to 25.5K as Investors Shrug Off Fed Rate Hike Pause

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Still, indicator was pointing bullishly. A price pattern called “throwback” has emerged on bitcoin’s daily chart that could recharge bulls’ engines for a rally toward $37,000, according to Valkyrie Investments. In technical analysis, a throwback is a price drop to a former breakout level or resistance-turned-support. After a breakout, prices rally for some days before losing upward momentum and returning to the breakout point. More often than not, prices surge after the throwback is completed, Thomas Bulkowski detailed in his book “Visual Guide to Chart Patterns.” Original

Regulatory hurdles and market volatility worry crypto investors

In a recent video by Crypto Banter, notable crypto investor Ian Balina expressed apprehension about the future of cryptocurrency in the US, with the recent regulatory pressures considered a major concern. Balina, along with other key players in the industry, see this development as part of the disruptive evolution of a technology that challenges traditional power structures. They are of the view that, although there may be casualties along the way, the technology will ultimately become so revolutionary that governments will either embrace it or risk falling behind more forward-thinking…

InQubeta, dogecoin, and polygon are cryptocurrencies for investors to consider

In the fast-paced world of cryptocurrencies, identifying the top investment option can be daunting. With thousands of digital assets available, separating the potential winners from the noise becomes crucial.  InQubeta (QUBE), dogecoin (DOGE), and polygon (MATIC) are three such altcoins that have the potential to grow significantly. This article delves into why experts consider QUBE a top investment opportunity alongside the popular Dogecoin and the emerging Polygon.  By examining each cryptocurrency’s unique qualities and market dynamics, we aim to shed light on why they stand out as attractive options for…

Nigerian Securities Regulator Says Binance Nigeria Operates Illegal Crypto Exchange and Should Immediately Cease Soliciting Local Investors

Binance operates an independent entity dubbed Binance Nigeria Limited similar to the United States entity that was also deemed illegal earlier last week. Cryptocurrency exchanges around the world have found themselves at loggerheads with several global regulators for offering digital assets without proper registrations. In the latest developments, both the Nigerian and the United States Securities and Exchange Commission (SEC) have intensified the crackdown on unregistered crypto exchanges. Reportedly, Binance Nigeria has been operating a crypto exchange without the proper regulatory approvals required for securities. This comes after the Nigerian…

InQubeta is among 3 AI crypto projects investors can explore in 2023

As the broader cryptocurrency market experiences a correction, some investors consider AI-based cryptocurrencies as potential alternatives. The AI market has demonstrated promise recently, prompting investors to seek opportunities to enhance their portfolios. Consequently, they are conducting analyses of high-potential projects within the industry. InQubeta (QUBE) is an AI crypto whose presale is ongoing. Although it is in its beta stage, the project has sold over 80% of the QUBE tokens allocated to this stage, raising over $340,000. Additionally, the graph (GRT) and numeraire (NMR) are AI-based projects that merit examination.…