Tag: Investors

Crypto Investors Can Purchase Bankruptcy Put Options to Protect Funds on Binance, Coinbase, Kraken Crypto Exchanges

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This means a Binance account holder with a balance of $1 million who wants protection may buy a put option with a six-month expiry for an estimated price of $27,000-$33,000 paid upfront given the monthly rates. If the firm files for bankruptcy within the contract term, the seller would be obligated to buy the account holder’s valid bankruptcy claim at the full $1 million price. Source

BAYC investors have less than a week to join class action against Yuga Labs

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Troubled cryptocurrency fintech Yuga Labs is about to face more lawsuits in relation to its nonfungible tokens (NFT) collection, Bored Ape Yacht Club (BAYC), and other projects. Rosen Law Firm, a global law firm focused on investor rights’ protection, announced on Jan. 30 that it’s planning to file a class action lawsuit against Yuga Labs.  Rosen invited purchasers of Yuga securities — including BAYC NFTs and the native token ApeCoin (APE) — to join the class action against Yuga by the lead plaintiff deadline set for Feb. 7. The law…

Institutional Investors Forecast ‘Strong Year’ for Bitcoin — 65% Expect BTC to Hit $100K, Survey Shows – Markets and Prices Bitcoin News

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A new survey shows that institutional investors expect “a strong year ahead for bitcoin” and are confident about the cryptocurrency’s long-term valuation. In addition, 65% of institutional investors surveyed agree that bitcoin could reach $100,000. ‘Strong Year Ahead for Bitcoin’ Nickel Digital Asset Management published the results of a survey Thursday showing how high institutional investors expect the price of bitcoin to reach. The London-based investment manager is registered with the U.K. Financial Conduct Authority (FCA) and the U.S. Commodity Futures Trading Commission (CFTC). The survey, commissioned by Nickel and…

U.S. Government Releases Roadmap To Mitigate Crypto Risk For Investors

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The U.S. government is set to tighten regulations to mitigate the growing risks associated with the crypto industry. This development comes after increased scrutiny following the collapse of FTX and Terra Luna in 2022.  In a press release on January 27, the White House put forward a comprehensive roadmap designed to protect investors and hold bad actors accountable. The roadmap highlighted several measures for more effective regulations in the crypto industry.  A Two-Pronged Approach By U.S. Government The U.S. government revealed that it had spent the past two years identifying…

Bitcoin Investors Turn Greedy, First Time Since March 2022

Data shows investors in the Bitcoin market have turned greedy for the first time since March 2022, after what was the longest stretch of fear ever. Bitcoin Fear And Greed Index Now Points At “Greed” The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the Bitcoin (as well as the wider crypto) market. To represent this sentiment, the metric uses a numeric scale that runs from 0-100. All values below 50 imply a fearful market, while those above this threshold suggest…

Snowfall Protocol (SNW) Looking to Profit and Sway Competitors from Tron (TRX) and Litecoin (LTC) Investors

Place/Date: – January 27th, 2023 at 5:24 am UTC · 4 min read Source: Snowfall Protocol On the back of muted rebounds and large market caps with large floats, Tron (TRX) and Litecoin (LTC) investors are looking to diversify or completely migrate elsewhere. SNW, Snowfall Protocol’s token, will be their most preferred destination. Snowfall Protocol (SNW) is building a cross-chain platform that not only expands the existing applications of blockchains but also eliminates the need for several faulty intermediaries built on Tron and Litecoin. Snowfall Protocol (SNW) is leveraging expertise…

Argo Blockchain accused of misleading investors in class action lawsuit

Investors of crypto mining firm Argo Blockchain have filed a class action lawsuit accusing the miner of making untrue statements and omitting key information during its initial public offering (IPO) in 2021. A newly filed lawsuit on Jan. 26 is aimed at Argo and several of its executives and board members. It claims the firm failed to disclose how susceptible it was to capital constraints, electricity costs and network difficulties. “The Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state…

Dow Futures Ink Slight Gains as Investors Digest Corporate Earnings Result

When most of the legacy stocks perform well, there is always a significant rub-off on the Dow Futures. The United States stock market is seeing a great deal of mixed activity with the futures tied to the Dow Jones Industrial Average (INDEXDJX: .DJI) soaring up by inching upward by 0.01%. Investors are somewhat showing positivity for the market after digesting some of the earnings reports that have been published thus far. Futures tied to the S&P 500 (INDEXSP: .INX) are also up 0.1% while those tied to the tech-heavy Nasdaq…