Tesla Suspends Payments with Bitcoin
A few months ago, US car manufacturer Tesla announced a billion-dollar investment in Bitcoin. Since then, it was also possible to buy electric cars with the cryptocurrency. This option has…
US Banks considering Bitcoin services
According to crypto custodian and Stone Ridge subsidiary NYDIG, hundreds of U.S. banks will soon allow trading and holding of Bitcoin. After a long period of reluctance, established financial services…
First Chinese company invests in Bitcoin and Ethereum
The Chinese technology company Meitu purchased millions of dollars of Bitcoin (BTC) and Ether (ETH) from its corporate reserves. Interestingly they allocated more money towards Ether ($25.75M) than Bitcoin ($19M).…
Citibank sees Bitcoin at a “Tipping Point”
Citibank, one of the world’s largest financial services providers, recently published a detailed report on Bitcoin. They see great potential in the cryptocurrency and speak of a “tipping point” for…
Majority of Finance Executives Not Considering Bitcoin Investment For Now
Most finance executives are not interested in Bitcoin as a corporate investment according to a recently published survey by the U.S. research firm Gartner. The reason for this among most…
SEBA Bank successfully completes Series B Fundraising
Zug-based “crypto bank” SEBA has announced the completion of its Series B funding round and plans to expand its digital asset services both in its home market and internationally. The…
The world’s first bank to issue its shares on a distributed ledger
Sygnum has successfully tokenized its shares, becoming the world’s first bank to issue its shares on a distributed ledger. Tokenization of its own shares lays the foundation for their future…
Insurance giant MassMutual invests $100 million in Bitcoin
One of the largest U.S. insurance companies, Massachusetts Mutual Life Insurance Company (MassMutual), is acquiring a minority stake in Crypto asset manager NYDIG, while making a $100 million Bitcoin investment…
BlackRock CIO sees Bitcoin as gold substitute
Rick Rieder, Chief Investment Officer (CIO) of the world’s largest asset manager BlackRock, recently made a positive comment on Bitcoin. He believes that the increasing digitalization of currencies will allow for broad adoption of Bitcoin.
DeFi Investment Strategies: A Performance Review
DeFi has been a strong driving force for the digital assets’ narrative this summer. Within DeFi there are multiple investment strategies one could adopt. We analyze the performance of different strategies and conclude that active buying and selling of governance tokens was the best strategy.