Deutsche Bank taps Swiss crypto firm Taurus for custody services
Deutsche Bank will offer crypto custody services for institutional investors. Deutsche Bank in a World Economic Forum paper in 2020 expressed intentions of offering crypto trading. The bank has however clarified that it currently does not have plans to offer…
Bitcoin price rebound sends profit taking deals to 2-month high
Bitcoin rose to highs above $26,800 on Thursday, before profit taking pushed kicked in to see it trade lower. An analyst says price below the 200-week MA represents buying opportunity. Meanwhile, address activity remains high, with 1.1 million BTC send…
“Members Are Fired Up”: UAW Begins Historic Strike Against Big Three Automakers
For the first time in history, the United Auto Workers has launched a strike against the Big Three U.S. automakers — Ford, General Motors and Stellantis, the parent company of Chrysler — all at once. UAW President Shawn Fein announced…
Stocks Have Been a Poor Inflation Hedge
New research shows that stocks have historically been a poor hedge against inflation over anything but very long horizons, and investors worried about preserving the real value of their income and assets should prepare for a wider range of economic…
Only 5% Of NFTs Have A Market Cap Above $0Â
A new study by dappGambl has analysed the current state of the NFT market to reveal how many NFTs are now considered “deadâ€. In recent years, NFTs have been the stars of the crypto world, seeing monthly trading volume peak…
Breaking: crypto exchange Remitano hacked for over $2.7 million
A suspicious transaction involving $2.7 million was flagged at Remitano. Tether has frozen an address believed to be associated with the attacker. The transaction was flagged by Cyvers Alerts, a platform that offers real-time security alerts. Some suspicious activities have…
Japan eases regulations on startup financing to allow for crypto
Japan eyes support for crypto startups in new regulation on startup financing. According to reports, the new rules means startups can raise funds from investors by offering stocks and crypto. Japan is looking to relax restrictions on how startups raise…
BitGo and Swan partner to launch a Bitcoin-only trust company
Key takeaways BitGo and Swan will work together to launch a new trust company. The Bitcoin-only trust company will offer custody without exposure to the other cryptocurrencies. BitGo and Swan to launch a new trust company Crypto custodian BitGo and…
Visualized: How Long Does It Take To Double Your Money?
At first glance, a 7% return on your investment may not seem that impressive. Yet what if you heard that your money could double in roughly 10 years? The above graphic takes the rule of 72 shortcut and uses the…
Is Passive Income Really Passive – Uncovering the Truth
When you think of long-term wealth creation, it’s hard to overlook passive income. Thinking of personal finance, passive income promises a steady financial inflow even when you aren’t working anymore. Some sources of passive income even promise the dream of…