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FTX Exchange Acquires Blockfolio for $150M, Sixth-Largest Crypto Acquisition in History

FTX Exchange Acquires Blockfolio for $150M, Sixth-Largest Crypto Acquisition in History

FTX cryptocurrency exchange is now expanding its retail aspirations by acquiring the top crypto app, Blockfolio for $150 million.

Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin

Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin

Paxful, the leading peer-to-peer Bitcoin trading platform, announced that it will be adding stablecoin Tether to its crypto payment options.

Bitfinex CTO: Keeping Crypto Safe with State-of-the-Art Cyber Security

Bitfinex CTO: Keeping Crypto Safe with State-of-the-Art Cyber Security

Paolo Ardoino, the CTO of Bitfinex and Tether tells us why safety and security should always be a top priority for crypto exchanges.

Why Energy Experts are Watching the Crypto Market Closely

Why Energy Experts are Watching the Crypto Market Closely

Words like Bitcoin and Oil Market seem to have no correlation between them. However, given the kind of small world we are living in, there's more than meets the eye. Check out this article which explains the perfect correlation between Bitcoin and Oil Market and why energy experts are keeping a close watch on the crypto market.

State Street: Most Asset Managers are Bullish on Blockchain and Crypto

State Street: Most Asset Managers are Bullish on Blockchain and Crypto

Boston-based asset manager State Street published a report on industry trends in 2020, highlighting the growth of cryptocurrencies and blockchain in the financial services industry.

1% of your Investment Portfolio Should Be Allocated to Bitcoin - JPMorgan Strategists

1% of your Investment Portfolio Should Be Allocated to Bitcoin - JPMorgan Strategists

JPMorgan recommended a 1% allocation of one’s portfolio into Bitcoin as a way to hedge against the volatility of traditional asset classes.

BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic

BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic

While many institutions struggled to recover from the market downturn experienced in March, publicly-traded, blockchain-focused firm BTCS Inc. (OTCQB: BTCS) has increased its portfolio by 285 percent in Q2 2020, through well-timed investments in both bitcoin (BTC) and ether (ETH), and crossed the $1 million mark for cryptocurrency assets under management (AUM).

Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion

Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion

Abra is a crypto-financial services app that gives users exposure to cryptocurrency and stock investments. On the other hand, The Stellar Development Foundation is a non-profit, which supports the development of the Stellar network. The Stellar Development Foundation said that its investment would help Abra to expand its services and products on the Stellar network. Abra CEO Bill Barhydt stated that his team will leverage Stellar’s ability to use traditional banking infrastructure as it builds yet more banking tools.

Billionaire Investor Howard Marks Changes His Mind on Bitcoin as Demand for Crypto Rises

Billionaire Investor Howard Marks Changes His Mind on Bitcoin as Demand for Crypto Rises

Billionaire Howard Marks has acknowledged that the growing demand of Bitcoin has shifted his perspective.

Bitcoin Rally Backed by Big-Time Investors May Be the Gateway to Mainstream Crypto Adoption

Bitcoin Rally Backed by Big-Time Investors May Be the Gateway to Mainstream Crypto Adoption

Bitcoin’s rally continues above the $19,000 level, and by now it is clear that the bull run this time around is largely driven by institutional investors.

One of the Richest Men in Mexico Invests in Bitcoin, saying “Paper Money is Worth Nothing”

One of the Richest Men in Mexico Invests in Bitcoin, saying “Paper Money is Worth Nothing”

One of the wealthiest men in Mexico, Ricardo Salinas Pliego has just revealed that he had invested 10% of his liquid portfolio in Bitcoin (BTC).

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

According to Bloomberg's report on Thursday, billionaire hedge fund manager Paul Tudor Jones is buying Bitcoin to hedge against inflation as central banks across the world print money to relieve economies affected by coronavirus pandemic. Tudor is one of Wall Street’s most seasoned and successful hedge fund managers. He is the CEO and founder of Tudor Investment Corp, which is a hedge fund company that managed $8.4 billion as of March 30, based on data from the SEC (Securities and Exchange Commission).

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