Asset Manager PORTAL, Rolls Out A Crypto Fund Targeting Investors of High Net Worth
The Cryptocurrency sector has recently become the go-to industry for investors. Companies and individuals are heavily investing in the crypto market. On Thursday, November 2019, PORTAL Asset Management, based in Singapore, ventured into the digital assets sector by launching a crypto fund. The fund, which goes by the name Portal Digital Fund will be operating as the fund of other funds. This new project targets erudite investors in the Asia-Pacific area, among them, being institutional investors, family offices, and individuals of high net worth.
The Cryptocurrency sector has recently become the go-to industry for investors. Companies and individuals are heavily investing in the crypto market. On Thursday, November 2019, PORTAL Asset Management, based in Singapore, ventured into the digital assets sector by launching a crypto fund. The fund, which goes by the name Portal Digital Fund will be operating as the fund of other funds. This new project targets erudite investors in the Asia-Pacific area, among them, being institutional investors, family offices, and individuals of high net worth.
People’s Bank of China (PBoC) Pilots Restrictions on Large-Scale Cash Transactions
The goal of the launch of the RMB token is to complement the current fiat currency, rather than compete against it.
The goal of the launch of the RMB token is to complement the current fiat currency, rather than compete against it.
JPMorgan, Baton Develop Blockchain Tech For Real-Time Automatic Derivative Margin Payments
Giant investment banking institution JPMorgan has partnered with Blockchain-based firm Baton Systems to come up with a blockchain-based solution that will help in digitizing derivative margin payments, Cointelegraph reports.
Giant investment banking institution JPMorgan has partnered with Blockchain-based firm Baton Systems to come up with a blockchain-based solution that will help in digitizing derivative margin payments, Cointelegraph reports.
Using 2% Example Inflation Calculations, Bitcoin Will Hit $1 Million Mark In Year 2250
In the recent past, a debate has ranged on whether the most famous cryptocurrency in the world, Bitcoin and if Bitcoin’s market is bullish or bearish. Now, the debate can be put to rest as some savvy researchers have done simple calculations and found that Bitcoin will hit the $1 million mark by the year 2250, Beincrypto reports.
In the recent past, a debate has ranged on whether the most famous cryptocurrency in the world, Bitcoin and if Bitcoin’s market is bullish or bearish. Now, the debate can be put to rest as some savvy researchers have done simple calculations and found that Bitcoin will hit the $1 million mark by the year 2250, Beincrypto reports.
China’s Central Bank (PBoC) Forced by Fake Website to Deny Launch of Its Digital Crypto (DECP)
The PBoC (People’s Bank of China) was recently forced to release a statement indicating that its much anticipated digital asset was still in its testing stages. This news comes during a time when there are online reports insinuating that dates had already been set for the official launch of the stablecoin.
The PBoC (People’s Bank of China) was recently forced to release a statement indicating that its much anticipated digital asset was still in its testing stages. This news comes during a time when there are online reports insinuating that dates had already been set for the official launch of the stablecoin.
Fed Pumps-In Over 12.7 Million Bitcoin Equivalent of Funds to Keep the Financial Market Liquid
The New York Fed added $104.293 billion in a single day to financial markets on Thursday.
The New York Fed added $104.293 billion in a single day to financial markets on Thursday.
Ripple Price Analysis: XRP/USD Facing Uphill Task
Ripple price is currently correcting higher from the $0.2460 support. XRP to USD is facing an uphill task near the $0.2560 and $0.2580 resistance levels.
Ripple price is currently correcting higher from the $0.2460 support. XRP to USD is facing an uphill task near the $0.2560 and $0.2580 resistance levels.
India’s Telangana State to Stamp Out Fake Academic Certificates via Blockchain
Following concerns raised by the US Embassy that some employees and students were applying for visas using fake academic certificates, the Indian state of Telangana has made a broad move of addressing this menace through blockchain technology.
Following concerns raised by the US Embassy that some employees and students were applying for visas using fake academic certificates, the Indian state of Telangana has made a broad move of addressing this menace through blockchain technology.
Germany’s Federal Financial Regulator Warns Investors Over Bulgarian Crypto Broker
Bulgarian crypto broker, 5 Capital, has been offering financial services to investors without being approved by the Germany financial watchdog, the Federal Financial Supervisory Authority (BaFin). This is against the regulations that guide crypto firms in Germany, as every crypto firm is expected to apply from and obtain an authorized license from BaFin before entering into operation.
Bulgarian crypto broker, 5 Capital, has been offering financial services to investors without being approved by the Germany financial watchdog, the Federal Financial Supervisory Authority (BaFin). This is against the regulations that guide crypto firms in Germany, as every crypto firm is expected to apply from and obtain an authorized license from BaFin before entering into operation.
Despite Reports Bithumb Exchange Insists That Its Shanghai Operations Have Not Been Shut Down
The cryptocurrency industry is mostly unregulated, but each country has specific policies regarding its local operation. After a recent inspection, Bithumb is reportedly not permitted to operate in Shanghai, even though a spokesperson states that the claims “are untrue.”
The cryptocurrency industry is mostly unregulated, but each country has specific policies regarding its local operation. After a recent inspection, Bithumb is reportedly not permitted to operate in Shanghai, even though a spokesperson states that the claims “are untrue.”
Grayscale’s Q3 Report Shows Impressive Growth In New institutional Interest of Crypto Assets
Michael Sonnenshein gave an interview for CNBC on November 20, saying Grayscale’s recent Form 10 filing with US regulators would be great for the crypto industry
Michael Sonnenshein gave an interview for CNBC on November 20, saying Grayscale’s recent Form 10 filing with US regulators would be great for the crypto industry
Unregistered Crypto Exchanges Must Register With South Korea’s FSC Or Face Jail Time
The government of South Korea wants all unregistered crypto exchanges in the country to shut down. If they don’t, their owners may go to jail.
The government of South Korea wants all unregistered crypto exchanges in the country to shut down. If they don’t, their owners may go to jail.
Shenzhen City Authorities Warns Against Illegal Crypto Activities After Recent Blockchain Hype
According to Eastmoney, Shenzhen, the tech capital of china recently issued a warning against illegitimate dealings taking place in the cryptocurrency industry. The report released by Eastmoney indicated that the Leading Group for Remediation of Internet Finance Risks, a regulatory body in the city, is investigating all illegal dealings in the crypto space.
According to Eastmoney, Shenzhen, the tech capital of china recently issued a warning against illegitimate dealings taking place in the cryptocurrency industry. The report released by Eastmoney indicated that the Leading Group for Remediation of Internet Finance Risks, a regulatory body in the city, is investigating all illegal dealings in the crypto space.
Gladius Network Cybersecurity Startup Dissolves Despite Owing Nearly $13 Million to ICO Investors
According to a new release, in February 2019, the Securities and Exchange Commission charged Gladius Network LLC with conducting an initial coin offering that was unregistered. The company self-reported the offering to the SEC.
According to a new release, in February 2019, the Securities and Exchange Commission charged Gladius Network LLC with conducting an initial coin offering that was unregistered. The company self-reported the offering to the SEC.
Cryptocurrency Anonymity Is Fueling Dark Web Activities, Says US Think Tank
Rand Corporation, a think-tank based in the United States has released its findings in relation to dark web activities.
Rand Corporation, a think-tank based in the United States has released its findings in relation to dark web activities.
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Firms Have Borrowed $8.2 Billion from the Blockchain Platform of a Chinese Forex Regulator
The Chinese regulator State Administration of Foreign Exchange (SAFE) runs a cross-border blockchain financing system and has helped firms with more than $8.2 billion.
The Chinese regulator State Administration of Foreign Exchange (SAFE) runs a cross-border blockchain financing system and has helped firms with more than $8.2 billion.
Equity Market Expert Points Out 3-Key Flaws in the SEC’s ETF Rejection Analysis
The US Security and Exchange Commission has rejected all the applications for the Bitcoin-based Exchange Traded Fund (ETF). The latest one being Bitwise and NYSE Acra, whose application was rejected, but SEC also gave an explanation on why they rejected their application. The SEC believes that the crypto market is not mature enough to have its own ETF, which might lead to market manipulation.
The US Security and Exchange Commission has rejected all the applications for the Bitcoin-based Exchange Traded Fund (ETF). The latest one being Bitwise and NYSE Acra, whose application was rejected, but SEC also gave an explanation on why they rejected their application. The SEC believes that the crypto market is not mature enough to have its own ETF, which might lead to market manipulation.
Blockchain Media Company BLOCK TV Shoots Out BLTV Utility Token via IEO
BlockTV, a crypto-centric media company, is launching its BLTV token via Bittrex Global initial exchange offering model as the community wonders if it is a cash grab move?
BlockTV, a crypto-centric media company, is launching its BLTV token via Bittrex Global initial exchange offering model as the community wonders if it is a cash grab move?