Tag: Investors

Coinbase CEO Brian Armstrong Says Crypto Exchange Won’t Ban All Russian Investors – But There’s a Catch

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Coinbase’s chief executive says that the leading US-based crypto exchange platform doesn’t have plans to ban all of its Russian users, but the statement comes with one caveat. CEO and billionaire Brian Armstrong tells his one million Twitter followers in a lengthy thread that Coinbase is not looking to impose an outright ban on Russian users. “We are not preemptively banning all Russians from using Coinbase. We believe everyone deserves access to basic financial services.” However, Armstrong highlights that the crypto exchange’s stance can change at a moment’s notice. According…

75% of investors in emerging markets want more crypto: survey

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A recent survey has revealed that a whopping 75% of investors in Asia-Pacific and Latin American emerging markets are looking to increase their exposure to cryptocurrency investments. Researchers from consumer sentiments firm Toluna surveyed 9,000 people from 17 countries to complete the report released in February which found that more investors in APAC and LATAM emerging markets believe cryptocurrency investments are on a long-term upward trend. This is contrasted with developed markets that tend to believe crypto is in the midst of another hype cycle. Emerging markets appear to be…

How 4DOT is making DeFi Accessible to Crypto Investors

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While the exponential growth of decentralized finance is evident from the increased awareness and utility, the industry still remains complex to navigate for new users. However, with the growing progress and growth, a new concept of decentralized finance has evolved as DeFi 3.0. DeFi 3.0 is a modular approach to decentralized finance in harmony with Web 3.0 with an aim to improve user participation using simplification. DeFi 3.0 is an initiative taken by several projects to promote a community-centric approach where the investors and traders benefit the most. With the…

Why real estate investors are going crazy over virtual lands?

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The value proposition of virtual land works similarly to the real world. High-value properties are often near shops and activities, in which people will pay higher rent to live by.  Of course, the value of virtual land only increases if areas develop and people get involved in the metaverse. This prospect is why there are many skeptics of such an investment. The millions of dollars worth of investments into virtual land is all a risk, but it’s not an unfounded one. After all, celebrities and stars are buying virtual land…

3 portfolio trackers NFT and DeFi investors can use to stay organized

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The cryptocurrency ecosystem has seen a tremendous amount of growth over the past couple of years, as the introduction of decentralized finance (DeFi) and the popularity of nonfungible tokens (NFT) have led to an explosion of projects on more than a dozen blockchain networks.  The rapidly growing ecosystem means investors have to keep track of multiple wallet addresses, making portfolio trackers a popular option for traders needing to manage a diverse multichain portfolio. Here are three portfolio-tracking decentralized applications, or DApps, crypto traders can use to help monitor their investments.…

Bitcoin investors ‘buy the dip’ as BTC nears $40K, gaining 16% in less than 24 hours

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Buyers returned to the Bitcoin (BTC) market, locating interim upside opportunities as the price rebounded to nearly $40,000 on Feb. 25, gaining 16% in less than 24 hours.  Investors bulk up Bitcoin holdings The number of Bitcoin addresses with a balance greater than 0.01 BTC (~$400) reached a record high of 9.51 million, the latest data from CoinMetrics shows. Meanwhile, the number of addresses that hold at least 0.1 BTC (~$3,850) also reached 3.34 million for the first time in history. Bitcoin addresses with balance greater than 0.1 BTC. Source:…

IoTeX co-founder urges crypto investors to hodl amid market conditions

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As the market dips over escalating tensions in Eastern Europe, Dr. Raullen Chai, the co-founder and CEO of blockchain network IoTeX, is urging crypto investors to hold on to their crypto. The Russian army recently started its advance on Ukraine, firing missiles on the second-largest European country. Following this, crypto markets took a nosedive, with all the top coins dropping between 8% and 18%, according to Cointelegraph Markets Pro. However, despite the current market conditions, Chai tells holders to think twice before selling their digital assets. Chai told Cointelegraph that,…