BREAKING: $2.2T asset manager PIMCO plans to buy more crypto

Institutional asset managers have been slower to embrace cryptocurrencies than retail traders, but their adoption is growing rapidly. Fixed-income manager Pimco is planning to increase its exposure to digital currencies such as Bitcoin (BTC) after dabbling in the asset class through crypto-linked securities, offering the latest evidence that major institutions are starting to embrace the […]

Mt. Gox trustee announces approval of rehabilitation plan, meaning creditors could soon receive billions

Nobuaki Kobayashi said distribution of the Mt. Gox assets likely wouldn’t begin for at least a month, once the rehabilitation plan became “final and binding.” Creditors from the now-defunct crypto exchange Mt. Gox have overwhelmingly approved a rehabilitation plan to compensate them for billions in lost Bitcoin. According to an Oct. 20 announcement from Mt. […]

Vaneck Bitcoin Futures ETF Gets Green Light from SEC — Fund to Join Proshares BTC ETF Listing on NYSE

The wealth manager Vaneck will be launching its bitcoin futures exchange-traded fund (ETF) in the United States following the Proshares ETF listing that launched on Tuesday. According to the post-effective filing with the U.S. Securities and Exchange Commission (SEC), the Vaneck bitcoin futures ETF launch is approved to be listed after October 23. Vaneck’s Bitcoin […]

Op-Ed: How will crypto IDOs influence startup funding?

An Initial DEX Offering (IDO) refers to any cryptocurrency being launched on a decentralized exchange (DEX). With such an offering, a blockchain project will debut a coin on a DEX to raise any funding from retail investors. IDOs have increased in viability and have increasingly been preferred to initial coin offerings (ICOs). But, how well […]

Bitcoin and Financial Wellbeing with Woman in Blockchain founder Lavinia Osbourne

Lavinia D. Osbourne is the founder and director of Butterfly Wealth Creation, a Holistic Financial Wellbeing and Money Mindfulness consultancy where she promotes financial well-being and money mindfulness—so that their clients can have a better relationship with their money, improve their personal finance and spread their financial wings to create wealth, preserve it and prosper. […]

Bitcoin briefly flippens Swiss franc after rally to new ATH

The crypto asset’s market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla. After hitting a new all-time high price approaching $67,000 earlier today, the market capitalization of Bitcoin briefly surpassed the total market cap of the Swiss franc. According to data from Fiatmarketcap, Bitcoin’s market cap was more […]