CryptoCompare is very proud of how good its statistics are and how much ground it covers in the crypto world. The technology and API of the project want to make sure that its infrastructure is safe. The platform wants to give both individual and institutional investors access to information that will help them better manage their investment portfolios. CryptoCompare guarantees the accuracy of its data and follows the strictest rules. The initiative conducts frequent audits of crypto exchanges and is…
Shrimpy – a cryptocurrency market portal and portfolio manager – has announced the upcoming launch of its crypto industry advisory desk.
This month, Shrimpy was recognized by the Securities and Exchange Commission (SEC) as a registered investment advisor.
- With this, the company has launched an actively managed portfolio service. The team will invest in cryptocurrencies on its customer’s behalf, promising “low volatility” and “no rug pulls”.
- This service will be handled by humans, as opposed to Shrimpy’s automated investment options. Some of these options include imitating existing crypto funds, like Coinbase Venture and Binance Labs.
- The advisory desk, it will customize investment strategies based on the financial goals of its customer.
- The crypto market is currently experiencing extreme volatility, making more stable investment options attractive. Bitcoin recorded its eighth consecutive red weekly candle – a historical first – on Monday.
Meanwhile, the Terra ecosystem has fallen apart, with TerraUSD (UST) losing its peg, and LUNA’s price collapsing to zero.