Tag: Investors

New research indicates boomers make better crypto investors

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As a millennial, it’s hard to say this, but boomers are doing crypto better. They are taking research methods used in the traditional markets and applying them to crypto projects, according to a new report from Bybit and consumer research company Toluna. The report says that 34% of boomers spend “a few days” doing due diligence on a project before investing — 50% more than other generations. More concerning still, “64% of North American investors spend less than two hours or don’t DYOR at all.” Boomers are also more likely…

Companies and investors may need to return billions in funds paid by FTX

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The collapse of FTX Group may not yet be the end of its contagious spread, as clawback provisions could force business and investors to return billions of dollars paid in the months leading up to the crypto exchange’s collapse, an insolvency attorney told Cointelegraph. In short, a clawback refers to money paid out that is required to be returned due to special circumstances or events, such as an insolvent company that needs to recover funds paid within 90 days before filing for Chapter 11. If the creditor is an insider,…

Treasury Yields Climb as Investors Anticipate Better Market in 2023

The 2-year and 10-year Treasury yields increased as investors continue to monitor cues to set the pace for 2023. US Treasury yields rose on Friday, December 30th, as investors look ahead to the potential developments and headwinds of 2023. The benchmark 10-year Treasury yield was up nearly 2 basis points to 3.8520% during the early session. In addition, the 2-year Treasury yield climbed more than 3 basis points to 4.4009% as of 5:00 am Eastern Time. Treasury Yields Previously Expected to Climb as 2023 Beckons Exactly a week ago, reports also suggested…

Investors seek to sell FTX, Celsius, BlockFi, Voyager claims

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Instead of waiting for a lengthy bankruptcy process, some investors who have claims on FTX, Celsius Network, BlockFi and Voyager Digital are looking to pass on their claims to others.  Data from crypto claims trading startup Xclaim shows that there are at least hundreds of investors who have been affected by the recent collapses of crypto platforms FTX, Celsius, BlockFi and Voyager who do not want to wait for a lengthy bankruptcy process that doesn’t guarantee that they will even be able to get anything. The investors have listed their…

Ethereum (ETH) Attracts Investors Again As Orbeon Protocol (ORBN) Nearing Presale End With Mammoth Growth

Place/Date: – December 29th, 2022 at 1:29 pm UTC · 3 min read Source: Orbeon Protocol While the overall market sentiment has become gloomy due to the recently occurred FTX disaster, Ethereum (ETH) and Orbeon Protocol (ORBN) have brought back some optimism to the arena. Ethereum (ETH), a long-standing crypto project, has been able to attract investors towards its large market share. On the other hand, Orbeon Protocol (ORBN) has dominated the market with its golden performance due to its unique business plan and value proposition. ORBN has grown by…

Crypto investors sue Winklevoss twins over interest accounts on Gemini

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Tyler and Cameron Winklevoss, founders of the Gemini cryptocurrency exchange, are reportedly facing a new lawsuit from investors over thinterest-earning program Gemini Earn. Disgruntled investors have filed a lawsuit against Gemini founders accusing the firm of fraud and violations of the securities laws, according to a report by Bloomberg. Filed on Dec. 27 in U.S. District Court in Manhattan, the complaint states that Winklevoss brothers refused to “honor any further investor redemptions” after halting those due to exposure to troubled trading firm Genesis Global Capital. The plaintiffs alleged that the…

Crypto Exchange Gemini Sued by Investors Over Interest-Earning Program

“When Genesis encountered financial distress as a result of a series of collapses in the crypto market in 2022, including FTX Trading Ltd. (“FTX”), Genesis was unable to return the crypto assets it borrowed from Gemini Earn investors,” the filing said, adding that after the Gemini Earn program was halted, the company “refused to honor any further investor redemptions, effectively wiping out all investors who still had holdings in the program, including Plaintiffs.” Source

Bitcoin Bullish? Smaller Investors Show Rapid Accumulation

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On-chain data shows small Bitcoin holders have accumulated recently while whale holdings have decreased, a sign that may be bullish in the long term. Bitcoin Investors With 0-1,000 Coins Have Increased Their Holdings Recently As a Twitter user has pointed out using data from Santiment, holders with wallet amounts in the 0-1,000 coins range have aggressively accumulated at recent lows. The relevant indicator here is the “Bitcoin Supply Distribution,” which tells us which wallet groups are holding what percentage of the total supply right now. Wallets (or more simply, holders)…

Bitcoin Is a Good Investment, Gold Investors Are Dumb – Markets and Prices Bitcoin News

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Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says bitcoin is a good investment. The billionaire wants the price of the cryptocurrency to fall further so he can buy some more. Meanwhile, he insulted gold investors, calling them “dumb as f***.” Mark Cuban Prefers Bitcoin Over Gold Shark Tank star and the billionaire owner of the NBA team Dallas Mavericks, Mark Cuban, shared his thoughts about bitcoin and gold in an episode of the “Club Random” podcast, hosted by comedian Bill Maher and scheduled…

French investors sued Binance for over 2.4 million euros in losses

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Binance France and its parent company Binance Holdings Limited are being sued by 15 investors in France over alleged misleading commercial practices and fraudulent concealment, according to local media reports.  In a complaint filed on Dec. 14, the plaintiffs claimed that Binance violated French laws by advertising and distributing crypto services before receiving registration from the country’s authorities. As reported by Cointelegraph, France’s financial market regulator, the Autorité des marchés financiers, has granted Binance a license as a digital asset provider in May 2022. The license allowed the crypto exchange…