U.S. lawmakers slip in a cryptocurrency tax with the upcoming infrastructure bill Taxing cryptocurrencies helps to legitimize the sector, much like how legalizing cannabis, legitimized the entire cannabis industry and provided fresh sources of tax revenue Nothing legitimizes an asset class quite like a tax. During Prohibition, state and federal governments […]
Ethereum’s upcoming London upgrade could see a major shift in how its cryptocurrency Ether is valued Reduced fees, improved speeds and a diminishing amount of Ether available could all help the cryptocurrency surge higher With Ethereum still well off its all-time-high, investors may be looking forward to its upcoming upgrade, also known as […]
One of the top performing funds this year has taken contrarian bets on Bitcoin and land Growing number of investors are looking to hedge the prospect of inflation and Bitcoin may eventually no longer serve as a contrarian be Being a contrarian is a tricky business, it involves having the resolve to go […]
Survey of family offices by Goldman Sachs reveals that as much as 60% are either buying cryptocurrencies or have already done so Cryptocurrencies are viewed by family offices as transformative technology, akin to the internet in the early days Inside a safe in one of Singapore’s over two hundred family offices, lies a […]
Bitcoin dips below US$30,000 but could rise higher on bargain hunting Strong rebound from the lower end of the Trading Envelope indicator could see Bitcoin rally to US$36,000 in line with the broader marke “Be fearful when others are greedy and be greedy when others are fearful.” – Warren Buffett As […]
Binance manages to retain access to fiat currency onramps with Visa and Mastercard not abandoning the cryptocurrency exchange Binance may be too big and too decentralized for regulators to effectively curb, with its payments business too lucrative for providers to pass up What do Visa and Mastercard know about Binance that scores of […]
Potential roll out of a digital dollar is putting pressure on Bitcoin Traders seeing the rise of central bank digital currencies as a threat to Bitcoin have failed to see the fundamental difference between the two asset classes or their specific value propositions During the 1970s, the turbocharging craze in cars spilled over […]
Healthy cryptocurrency derivatives trading suggests institutional activity is taking on a bigger influence again Sideways markets for cryptocurrencies such as the present favor the use of derivatives to generate returns in rangebound scenarios While nobody knows for sure how big the size of the global derivatives market is, with estimates on the high end putting […]
German authorities allow for funds catering to institutional investors to allocate up to a fifth of assets to cryptocurrencies Although pension funds and other institutional investors tend to be conservative, years of negative bond yields and diminishing returns in equities may lead them to dabble in cryptocurrencies in the face of increasing retirement obligations […]
Singapore’s pragmatic approach to cryptocurrencies puts it in pole position as the nascent asset class gains wider recognition and acceptance Recent spate of regulatory crackdowns bodes well for Singapore which is uniquely positioned to provide safe harbor for the innovative companies and talent in the cryptocurrency space Singapore is famous for many things – […]