Tag: Investors

‘Investors Are Running out of Havens’ — Erratic Behavior in US Bond Markets Points to Deep Recession, Elevated Sovereign Risk – Economics Bitcoin News

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Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a decade. Following the Fed’s 75bps (basis points) rate hike, 10-year notes reached 3.642% and two-year Treasury notes jumped to a 15-year high at 4.090%. The curve between the two- and 10-year notes indicates the chances of a deep U.S. recession have grown stronger, and recent reports say bond traders have been “confronted with the wildest volatility of their careers.” 2 Quarters of Negative GDP, Red-Hot…

3 Ways Traditional Investors Can Gain Crypto Exposure

Bitcoin futures ETFs: There are a few different Bitcoin futures ETFs available on the market. These allow investors to gain exposure to the price movement of Bitcoin, without owning Bitcoin directly. An advisor may decide that this is appropriate because the client wants price exposure but does not want to open an account on a crypto exchange. However, there are certain things that the advisor must be aware of – and disclose to their client – when using a futures-based product, including expense ratios, contango and backwardation, among others. Source

FTX in talks with investors to raise $1B for further acquisitions — Reports

Sam-Bankman Fried’s crypto exchange FTX is reportedly engaged in talks with investors to raise $1 billion in new funding, as it looks to utilize extra capital for financial acquisitions during the bear market.  According to a Sept. 21 report from CNBC which cites sources close to the matter, the talks are still ongoing and the details could still be subject to change. If found to be true, the funding amount would keep the FTX’s current valuation of roughly $32 billion intact.  The potential $1 billion funding round would add to…

Investors Withdraw ETH Holdings Despite Successful Ethereum Merge

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Before the Ethereum merge event, some experts and investors predicted a fall in the price of Ethereum and hence traded cautiously. Popular analysts referred to the merge hype as a buy the rumor, sell the news scenario. The Feds reserves tightening and other market factors added to the volatility recorded in the valuations of ETH, BTC, and other Altcoins. After the merge event, analysts’ predictions proved right as the ETH price crashed below the support level. As a result, several ETH investments got withdrawn, and a few additions were recorded…

‘Fear of the unknown’ holds back tradfi investors from crypto — Bloomberg analyst

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Jamie Coutts, Crypto Market Analyst for Bloomberg Intelligence argues that “falsehoods” and “fear of the unknown” is what has been holding back traditional portfolio managers from investing in cryptocurrency.  Speaking to Cointelegraph during the Australian Crypto Convention over the weekend, Coutts argues there has been an ongoing “falsehood” that “there is no intrinsic value in blockchains.” “These asset managers own stocks, like Amazon and Facebook […] which for the first several years these companies had no earnings,” explained Coutts, adding that Facebook in its infant stages “didn’t have profit […]…

Nasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors – Finance Bitcoin News

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Nasdaq has announced the launch of “Nasdaq Digital Assets” citing increased demand for digital assets among institutional investors in recent years. Initially, the new crypto unit will offer custody solutions for bitcoin and ether to institutional investors. Nasdaq Establishes Crypto Unit Nasdaq (Nasdaq: NDAQ), the world’s second-largest stock exchange, announced Tuesday the launch of a new business called “Nasdaq Digital Assets.” Initially, Nasdaq Digital Assets will develop an institutional-grade custody solution, the announcement details, adding: Nasdaq’s custody solution will bring together the best attributes of hot and cold crypto wallets.…

Investors Remain Cautious Before the Fed Make Their Move – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin and the crypto market saw a significant bounce yesterday, before finding resistance at $19,666 – the 2017 bull market top, a key resistance. Bitcoin remains below $20,000 for now as investors are very cautious ahead of the Federal Reserve decision tomorrow, followed by a news conference with Chair Jerome Powell. The market is currently pricing in a probability of an 82% chance of a 75 basis point rate hike, and a 18% chance of a 100 basis point rate hike.…

Crypto Downtrend Led Investors Liquidate Over $432 Million

The overall financial market is discouraging this week. Stocks and cryptos are plummeting as anticipation of the upcoming rate hike grows. The latest CPI for August was a force that pushed the market towards the edge.  The figure was higher than expected, increasing fear in the industry. As the Feds prepares to hit the market with the biggest rate hike, exchanges have started liquidating leveraged positions. This strategy is geared at cutting down losses as events unfold. Related Reading: WATCH: Bitcoin Bloody Monday Leads To Reversal Hammer | BTCUSD September…

Harris Poll Report Finds That 71% of Crypto Investors Are Confident They Will Become Billionaires – Bitcoin News

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A new survey conducted by Harris Poll has found that most cryptocurrency investors in America feel they have the necessary tools to become billionaires in the future. The survey, which inquired about how Americans see billionaires, also revealed that this sentiment is higher amongst millennials and Gen Zers, with other groups falling behind Crypto Still Seen as Billionaire-Maker Investment, According to Harris Poll Survey While the recent downturn in the global economy and the subsequent price deceleration in traditional stock and crypto markets has made some investors lose…