Paypal gets ready for crypto

According to reports, the Fintech giant PayPal, through its mobile payment subsidiary Venmo, is planning to sell crypto-currencies directly to its 325 million users. Digital payment giant PayPal plans to offer direct purchases of Bitcoin and other crypto-currencies to more than 300 million users worldwide through its subsidiary, according to a report by Coindesk. Venmo […]

Grayscale records record demand for Bitcoin and Ethereum

Grayscale Investments is experiencing increasing interest from hedge funds and other institutional investors in its crypto-currency trusts. The investment firm has bought 390 million in Bitcoin in 2020, representing 0.2 percent of market capitalization. Sharif-Askary, Managing Director at Grayscale Investments, visited the podcast Coinscrum markets. One of the topics discussed was the increasing volumes of […]

About one third of institutional investors own digital assets

According to surveys conducted by Greenwich Associates and Fidelity Investments between November 2019 and the beginning of March, the trend towards digital assets is continuing. Nearly a third of the investors surveyed own digital assets. The acceptance of virtual currencies is increasing and with it the interest in the emerging asset class. This is shown […]