The negative effects caused by the FTX debacle have put the crypto space in an unfavorable light. However, institutional investors continued to show interest in the industry even at the height of the FTX controversy. According to crypto exchange Bitstamp, compared to their data in October, institutional registrations within its digital asset trading platform is up by 57% in November, when the topic of the FTX collapse frequented news headlines. The exchange also told Cointelegraph that its total revenue is up by 45% in the same period, with revenue coming…
Tag: Investors
Pando Finance Limited – Hope to Provide More Different High Growth Products for Hong Kong Investors in the Future
Place/Date: Hong Kong – December 5th, 2022 at 11:11 am UTC · 2 min read Contact: Jen, Source: Pando Finance Pando Finance Limited, a leading asset management company in Hong Kong, will list two HK SFC-authorized actively managed thematic Exchange Traded Funds “Pando Blockchain ETF (3112 HK)” and “Pando Innovation ETF (3056 HK)” on the Hong Kong Stock Exchange (HKEX) on 8 December 2022 Thursday. Pando Finance believes blockchain and innovation are the key for long-term growth in portfolio. Pando Finance employs an actively managed investment strategy as Pando Finance believes…
Snowfall Protocol (SNW) Sells Out of 100 Million Tokens as Investors Rush to Own a Piece of This Unique Ooffering! Analysts Advise against Buying ApeCoin (APE) and Chiliz (CHZ)!
Place/Date: – December 4th, 2022 at 2:37 pm UTC · 4 min read Source: Snowfall Protocol Are you looking to own a piece of the latest cross-chain bridge technology? 100 million tokens of Snowfall Protocol tokens Snowfall Protocol (SNW) got sold very quickly! Analysts are also warning against buying ApeCoin (APE) and Chiliz (CHZ) as they believe these tokens may not provide the same level of returns as Snowfall Protocol (SNW). In this blog article, we take a look at the recent surge in SNW tokens, the advantages of Snowfall…
First Mover Asia: Cryptos' Short Win Streak Ends as Investors Remain Cautious
ALSO: Shaurya Malwa writes that oversubscription of an initial exchange offering at Binance underscores investors continued interest in crypto and may offer hope for the industry’s rebound. Source
CAKE Not Looking Tasty For Investors Despite Network Progress
As of late, PancakeSwap has been working with Hashflow to offer HFT payouts on its staking platform. The Tweet implies that this will make it possible for someone to utilize PancakeSwap to “farm” HFT tokens for profit. For a decision to be voted on by PancakeSwap users, it must be supported by the votes of 60% of HFT token holders, as is customary in the DeFi community. Let’s take a quick glance of how CAKE has been performing of late: Overall, the DEX is making great strides When compared to…
US Institutional Investors Flocking Back To Bitcoin
The Bitcoin price has seen a minor rally after yesterday’s speech by US Federal Reserve chairman Jerome Powell. The price rose above $17,000, driven by the statement that smaller rate hikes are likely imminent and could begin in December. Ultimately, analysts see a 50 basis point hike in December almost a lock. The FED was merely trying not to make it look dovish, but it will come, was the tenor of the market. On Wall Street, the remarks were met with applause. The Dow Jones and the S&P500 saw a…
US CFTC commissioner calls for new category to protect small investors from crypto
United States Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero spoke at the Futures Industry Association Asia Derivatives Conference in Singapore on Nov. 30. She talked about “how to harness the best that technology offers, while protecting against emerging threats,” with particular emphasis on cybersecurity and crypto. Goldsmith Romero had two proposals for protecting consumers and markets from the risks presented by cryptocurrency. The first was rather novel. “Protecting household retail investors starts with redefining who is a retail investor,” Goldsmith Romero said. Crypto investors are different, she said:…
Non-whale Bitcoin investors break new BTC accumulation record
Some non-whale Bitcoin (BTC) investors seem to have had zero issues with the cryptocurrency bear market as well as fear, uncertainty and doubt (FUD) around the fall of FTX, on-chain data suggests. Smaller retail investors have turned increasingly bullish on Bitcoin and started accumulating more BTC despite the ongoing market crisis, according to a report released by the blockchain intelligence platform Glassnode on Nov. 27. According to the data, there are at least two types of retail Bitcoin investors that have been accumulating the record amount of BTC following the…
Solana (SOL) Investor’s Eye Bonanza Price; Is $5 Possible?
SOL’s price struggles to reclaim the key demand zone of $20 as the price trades around $13.5 SOL’s price remains weak as bears dominate the market; the price fails to break and close above $20 with so much uncertainty in the market SOL’s price trades below get the 50 and 200 Exponential Moving Averages as the price continues in bearish movement (EMA) Solana (SOL) continues to trade below $20 after facing rejection due to the FTX fiasco and the current market downtrend affecting the price to a low of $13.5.…
Genesis Bankruptcy By EOY At 59%; Bitcoin Investors Pivot
A possible Chapter 11 bankruptcy of Genesis Trading and parent company DCG is still depressing the sentiment on the Bitcoin market. Genesis last commented on Twitter on November 16. Parent company DCG last spoke out on November 18 via the social media platform. Investors, however, seem to take a rather positive view of the silence. As recent data from the world’s largest decentralized prediction market Polymarket shows market participants now estimate the probability of a Genesis insolvency at only 59% by the end of year (EOY). The peak value was…