Hong Kong Has Approved the First Cryptocurrency Fund Targeting $100 Million

Venture Smart Asia’s blockchain arm, Arrano Capital, has launched Hong Kong’s first approved cryptocurrency fund. The launch targets $100 million and offers an officially sanctioned window for institutional investors in Bitcoin. The announcement emerged on Monday, after it cleared the licensing conditions which allows dealing in virtual assets with the Securities and Futures Commission. In 2019, local regulators began to find means of exerting oversight over the cryptocurrency industry. This is the first time of approving such fund since then. Before now, the…

The Emergence of Crypto IEO: Could 2020 Be the Hottest Fundraising?

In just over a year since it became popular, IEO (Initial Exchange Offering) managed to replace ICOs (Initial Coin Offerings) as the fundraising system of choice for a majority of blockchain enterprises.  In simple terms, IEOs are a token sale that operates through a partner exchange. It's identical to an ICO in almost every way except that investors who can participate in the sale are typically limited to users on the associated exchange. The IEO process kicks off with an…

Factors to Consider when Investing in Cryptocurrencies

Before investing in any cryptocurrency, he should evaluate his understanding of the particular currency. Since it is risky, anyone intending to invest must consider the digital asset before starting it. An interested investor must pay serious attention to various aspects before buying cryptocurrencies. Such vital points include only investing in an amount you can lose, studying the subject keenly beforehand, understanding the inter-exchange transfer rates of various cryptos, analyzing the market size cap, and watching out carefully for scams surrounding crypto.…

Ten Cryptocurrency Early Investors that Made Huge Profits

To solve the current issues faced in the financial world, digital currencies were invented, with Bitcoin being the first of its kind. Fourteen years later, bitcoin has grown from less than a dollar in 2010 to almost $17000 in January 2023, after hitting an all-time high in November 2021 of $69000. The open-source software possesses distinct yet convenient features that have become an investment option for many. Among the features include decentralization, privacy, transparency, and many more. Due to this reason,…

10 Tools Every Cryptocurrency Investor Must Have From Day One

The growth of the cryptocurrency world is enormous, which has been a point of attraction for many investors worldwide to maximize their incomes. However, although highly beneficial, getting things done right when investing in crypto without cryptocurrency analysis tools is not easy.  The processes involved in trading, exchanging, trading, storing, buying, and tracking transactions can be very complicated. Without the right crypto analysis tools, investors will lose fortunes from trading.  This guide discusses vital tools that all crypto users must…