More Women Investing in Crypto, Proving Superior to Men, Says Recent Study

More Women Investing in Crypto, Proving Superior to Men, Says Recent Study

More women have started increasingly investing in cryptocurrencies over the past year, according to a report from Australian cryptocurrency exchange BTC Markets. Among the accelerated user growth the platform experienced over the past year, female participation increased 172%, compared to a mere 80% for men. Upon signing up, women were also found to make larger initial deposits, averaging $2,381,…

Abu Dhabi Approval Sees Binance Expand Further Into Middle East

Abu Dhabi Approval Sees Binance Expand Further Into Middle East

The world’s largest cryptocurrency exchange by trading volume has received in-principle approval to operate in the capital of the United Arab Emirates. Despite receiving initial approval to operate as a broker-dealer in virtual assets by Abu Dhabi Global Market, Binance Holdings will still have to complete the application process.  However, Richard Teng, the former ADGM executive and…

Cathie Wood: ARK Invest ‘Chose Block Over PayPal’ Due To Cash App’s Bitcoin Focus

Cathie Wood: ARK Invest ‘Chose Block Over PayPal’ Due To Cash App’s Bitcoin Focus

ARK Invest CEO Cathie Wood called PayPal’s Venmo a “follower” of Block’s Cash App payment system, which uses Bitcoin’s Lightning Network. ARK Invest, the New York-based investment house helmed by long-time Bitcoin supporter Cathie Wood, has sold off all of its holdings in PayPal and is now leaning towards Jack Dorsey’s firm Block due to its “singular focus” on…

Tanzania Officials Want Global Clarity on CBDCs and Crypto Assets

Tanzania Officials Want Global Clarity on CBDCs and Crypto Assets

Officials from Tanzania’s financial sector have called for a clearer global consensus on central bank digital currencies (CBDCs) and crypto-assets. The officials agreed that more discussions still need to be carried out before a final decision is made. Interoperability of CBDCs Just under a year after the Tanzanian President Samia Suluhu Hassan asked the country’s…

South Korea’s ‘crypto friendly’ president seeks STO, IEO oversight

South Korea’s ‘crypto friendly’ president seeks STO, IEO oversight

South Korean president-elect Yoon Suk-yeol is reportedly working with financial authorities to regulate security token offerings (STOs) and initial exchange offerings (IEOs).  See related article: A crypto bull wins the presidency: What it means for South Korea Fast facts STOs, currently being reviewed by Yoon’s Presidential Transition Committee, tokenize traditional securities such as real estate and…

Crypto and Commodities Might Perform Better Than Bonds and Stocks in Coming Months

Crypto and Commodities Might Perform Better Than Bonds and Stocks in Coming Months

While the global economy continues to hand on a thin line, individuals believe that crypto might overtake stocks in the next few months. According to a report from the Bank of America warning the public, there is an economic recession shock approaching. This statement comes after the Federal Reserve announced plans to shift the monetary policies…

Bitcoin’s 5-year returns outperform world’s major indices average ROI by 1,645%

Bitcoin’s 5-year returns outperform world’s major indices average ROI by 1,645%

The growth of Bitcoin in recent years is highlighted by the asset’s significant return on investment (ROI) that has dwarfed major stock market indices over the same period. Compared to the S&P 500, Dow Jones Industrials, and Nasdaq indices, Bitcoin has recorded an average ROI of 1,645% over the last five years, data retrieved from Finbold’s Bitcoin ROI…

Kevin O’Leary Predicts Trillions of Dollars Will Flood Into Crypto — Says Bitcoin Mining Will ‘Save the World’

Kevin O’Leary Predicts Trillions of Dollars Will Flood Into Crypto — Says Bitcoin Mining Will ‘Save the World’

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that trillions of dollars will flow into cryptocurrencies, particularly bitcoin. In addition, he said bitcoin mining will “save the world.” O’Leary Says ‘Spigots of Capital’ Will Flood Into Crypto Like You’ve Never Seen Shark Tank star Kevin O’Leary gave a keynote speech at the Bitcoin…