Taiwan opens digital asset ETF market to professional investors
Taiwans FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.
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Taiwans FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.
Swedish authorities label certain cryptocurrency exchanges as key enablers of organized crime, highlighting four distinct money-laundering profiles.
The SFC has issued new guides to inform visiting and returning professionals about pragmatic licensing options in Hong Kong. (Read More)
The alert serves as a reminder of the critical role financial professionals play as gatekeepers in the fight against financial crime.
The Tiger Trade app allows professional traders access to 18 different cryptocurrencies alongside stocks, futures, U.S. Treasury bonds and Bitcoin ETFs.
Bitcoin’s price skyrocketed to an impressive $83.5K mark, leaving many wondering if professional BTC traders have embraced a bullish sentiment. The sudden surge in value has sparked optimism and enthusiasm among cryptocurrency enthusiasts and investors alike. Market analysts have been closely monitoring Bitcoin’s price movements, attributing the recent uptrend to various factors such as increased [...]
The post Bitcoin Price Skyrockets to $83.5K: Are Professional BTC Traders Now Bullish? appeared first on Crypto Breaking News.
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Nearly 60% of professional investors say the US Securities and Exchange Commission (SEC)’s aggression makes crypto attractive, according to Bloomberg’s latest MLIV Pulse survey.
Per the report, almost 60% of 564 respondents participating in the survey see the crackdown by the SEC, the Commodity Futures Trading Commission (CFTC) and other government agencies as positive signals for the crypto industry.
Both retail and professional investors are keen to invest in crypto even as regulators ramp up enforcement actions in crypto.
Getting crypto ‘out of Wild West’As Invezz recently reported, CFTC says crypto-related enforcement actions accounted for 20% of its Fiscal Year 2022 total. The SEC has also been aggressive against several companies and industry players, including the action against TV celebrity Kim Kardashian. The two agencies say the regulatory efforts tie in with the need to ensure overall investor protection.
When asked whether they would invest in the asset class with the current enforcement landscape, 65% of retail and 56% of professional investors said they were more than likely to do so.
Chris Gaffney, president of world markets at TIAA Bank, explained why more investors are comfortable with tighter regulatory ecosystems, noting that this approach opens up the crypto space for more institutional investors. He added:
“The more they can get crypto out of the Wild West and into traditional investing, the better off it’s going to be.”
On specific crypto assets, investors are optimistic about Bitcoin (BTC/USD), with the overall sentiment about BTC price being that the flagship cryptocurrency will fluctuate between $17,600 and $25,000.
In July, a similar survey had found most investors believed bitcoin could tank to $10,000 first before bouncing to highs of $30,000 by the end of the year.
The post SEC’s aggression makes crypto attractive to professional investors: study appeared first on Invezz.
The famous saying of “90% of traders lose 90% of their account balances” is true. In fact, those stats are given by most licensed brokers. You might ask yourself why do so many traders lose, or if trading can be […]
Wrestler Summer Rae, joins the “Bitcoin Bottom Line” podcast to discuss taking a percentage of her salary in bitcoin and mining energy efficiency.
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Mercury to operate PFL marketplace where fans and digital collectors will be able to buy, trade and sell NFTs.
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The post CryptoTicker Premium – Here’s How Users Nearly Tripled Assets In 1 Month appeared first on CryptoTicker.
Former NFL player Derrick Morgan discusses impact investing, veganism and the long-term thinking of Bitcoin.
It seems that a workaround to the artificially enforced hashrate limiter for the Nvidia GeForce RTX 3060 GPUs mining Ethereum has been discovered and it is pretty simple apparently. You just need to use the developer driver version 470.05 where there is apparently no hashrate limiting being applied, unlike with the regular GeForce video driver […]
It seems that Nvidia is getting ready to start shipping their CMP HX Dedicated GPUs for Professional Crypto Mining that were announced last month. The company is apparently taking pre-orders from their partners for deliveries starting probably in early April for the lowest-end mining model – NVIDIA CMP 30HX D6 6G. Nvidia has rated the […]
The new Nvidia GeForce RTX 3060 video cards are here and we managed to buy one quickly while there was some stock left to do some mining benchmarks and tests. We already know that mining performance for the RTX 3060 is limited for Ethereum, but what else can you mine with the full performance is […]
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