Crypto Investments

Media personality and entrepreneur Kevin O’Leary recently revealed that 10% of his portfolio goes to cryptocurrency. This comes after the investor derided the asset class years ago, with words that he now says he’ll “never live down”. O’Leary Treats Crypto As A Serious Investment The Shark Tank star revealed his crypto holdings yesterday during a Reddit talk session. He said that he opened up to the asset class as international regulators showed their approval and created industry frameworks. With that,…

Crypto popularity has been brewing like a storm. Adoption rates are increasing, with estimates placing the figure in the United States at around 20 million. Everyone seems to want a slice of the crypto pie. But the digital asset is a young player in the investment asset world, having first appeared in 2009 under Bitcoin. As such, the regulatory framework governing cryptos isn't universal. It is essentially a work in progress. So a question lingering in people's minds is what happens…

Cathie Wood's Ark Investment Management grants one of its funds permission to invest in Canadian Bitcoin EFTs. The platform is looking for new ways to invest in digital assets. Wood, a bitcoin supporter, has been buying up proxies for the digital asset in names such as Grayscale Bitcoin Trust and Coinbase. However, she is now focusing on owning the actual asset. More Opportunities for Ark Investment According to the SEC filing, Ark Investment will launch funds that offer investment in…

GamblersPick talked to 1,000 US investors recently on their crypto holdings, how they finance their portfolios and maintain their investments. The survey shows a third of the number consulted Reddit before making their crypto investments. Out of the total number, 35% admitted to having dived into crypto via Elon Musk’s influence. The Influence of Reddit According to survey outcomes, crypto enthusiasts have made funding calls after consulting Reddit. More so, over a 3rd of crypto holders reported getting information there. …

In just 2021, Venture Capital Funds have invested over $17 billion in the crypto market. Compared to all previous years combined from 2010, 2021 beats all of them by $7.4 billion. Despite the tumbles that the cryptocurrency world is going through now, this shows optimism that the price may go higher in the future. It's Not Just Venture Capital In terms of their investments in the crypto market, companies have been particularly active, according to a market data company, PitchBook.…

You've finally found the one crypto token offering (ICO) you've always sought. Yet, a cautious part of you prevents you from taking that plunge. As excited as you are about the product, there's that uncomfortable feeling urging you to reconsider. So you finally submit to this prodding to evaluate the ICO that has got you so smitten. The problem is you're at a loss where to start your search. Crypto token offers (ICOs/IEOs/STOs) are the route many projects follow to…

Suppose you have been following the latest cryptocurrency surge. In that case, you will agree that China has played a leading role in the world of cryptocurrency, already ruling the hash rate war on the Bitcoin network. There are millions of Bitcoin traders in China, adding to the insinuation that China may go the way of Digital currency in the future.   Just recently, Reference News (参考消息), a media outlet with long-ties with the Chinese Communist Party, published a report with the…

There has been a surge in crypto investments in recent years, with over 19.2 million bitcoins currently circulating. The extraordinary shift from traditional investments to digital asset investment is primarily attributed to cryptos’ numerous advantages, including security, anonymity, more comfortable cross-border transfers, and adaptability. Cryptocurrency investment is one of the non-conventional forms of assets that will see increased adoption in the coming years. However, the uniqueness associated with these non-traditional forms of investments has resorted to numerous risks. Maneuvering through…

The criteria for judging a good investment include the risk profile, time frame, and goals. How much of a trade-off are you willing to make for an uncertain outcome? We could define a perfect investment as giving you better returns than anything else. An investment that fits your needs maximizes your odds of getting the best returns. So is Bitcoin that investment for you? In just over a decade, the crypto world has grown exponentially. Bitcoin is the first crypto…