Robert Kiyosaki suggests Bitcoin as a hedge against the upcoming depression

    Robert Kiyosaki, the author of the best-selling book “Rich Dad Poor Dad,” said we’re already in a ‘technical depression’ and added that he’s using these gold, silver, and Bitcoin to protect himself from the pain. As the S&P 500 back near all-time highs, the stock market is mostly shrugging off inflation and Omicron concerns. But…

    Crypto market correction is triggered by investors booking profits – CoinShares CSO

    The CoinShares CSO, Meltem Demirors, is saying digital assets have done “exceptionally well” in 2021, even after retreating from their record highs. He suggested that the crypto market correction is driven by investors booking profits. Meltem Demirors, the chief strategy officer (CSO) of cryptocurrency investment firm CoinShares, said in a Yahoo Finance interview that one…

    SEC rejects Valkyrie, Kryptoin spot Bitcoin ETF proposals

    The US Securities and Exchange Commission (SEC) rejected on December 23 two proposals by Kryptoin and Valkyrie investment firms for spot Bitcoin exchange-traded funds (ETFs). Rejecting Bitcoin spot-ETFs, the SEC has also disapproved of any creative products such as leveraged or inverse futures backed ETFs. The most remarkable year for cryptocurrencies yet is coming to…

    Venture capital and its relationship with Bitcoin

    Although VC funds have been rushing to support various crypto startups, much of that money has not gone to Bitcoin-focused companies, notes Bitcoin Magazine. With the printing press in overdrive, there is an ever-increasing amount of fiat looking for a home. In order to avoid being debased and lose purchasing power, capital allocators are charged…

    VC investors in 2021 poured more money into crypto-assets than the prior 10 years

    This year, venture capital funds have infused over $30 billion into the crypto sector, which is more than the previous 10 years combined for the new blockchain technology. According to PitchBook Data, that’s almost four-fold the prior high of about $8 billion in 2018, the year following Bitcoin’s 1,300% surge. Fearing to miss out, numerous…

    Bloomberg: Indexing is coming to crypto funds via Decentralized Exchanges

    Main attraction lies in turning the funds into tradable tokens, write ByOlga Kharif and Vildana Hajric on Bloomberg. However, DAO hacks remain a common threat, while legal protection is limited. Index funds have long been pitched as a low-risk and inexpensive way to invest. Now they’re coming to the rollicking world of cryptocurrencies, but with…