Commodities

Do Bitcoin and other cryptos have any added advantages over equities

Source Node: https://ambcrypto.com/do-bitcoin-and-other-cryptos-have-any-added-advantages-over-equities/
Time Stamp: November 15, 2021 8:30 PM - Modified On: November 15, 2021 - Published By:
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Bitcoin has shot up in price at the start of the week following a major upgrade to its network. Even the rejection of a spot bitcoin ETF by the SEC appears to have done little to damage bitcoin’s price prospects. At press time, the token, post some correction was trading at the $65.8k mark. Nonetheless, what’s the projected price mark for the largest cryptocurrency. Gareth Soloway, the chief market strategist at stock technical guidance platform InTheMoneyStocks.com believes that the token still had some room to left to record a fresh

First crypto-related exchange-traded fund gets green light in India

Source Node: https://bitcoinerx.com/bitcoin/first-crypto-related-exchange-traded-fund-gets-green-light-in-india/
Time Stamp: November 15, 2021 7:22 PM - Modified On: November 15, 2021 - Published By:
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The Securities and Exchange Board of India (SEBI) has approved the first cryptocurrency ETF. According to local media, the regulator has approved Invesco’s CoinShares Global Blockchain ETF Fund. The fund owns Coinbase, Bitfarms, SBI Holdings, and MicroStrategy, among others. The fund has had a good year, earning 89.52% in returns. Invesco is positive about the asset class’s future, it noted in a document. Blockchain technology Because blockchain technology is new, the potential to change the global economy is huge. Like the internet, blockchain offers massive potential to investors. For institutional

Former PsyQuation CEO Launches New Copy Trading Platform

Source Node: https://www.financemagnates.com/forex/brokers/former-psyquation-ceo-launches-new-copy-trading-platform/
Time Stamp: November 10, 2021 7:46 AM - Modified On: November 10, 2021 - Published By:
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Michael Berman, who is known for heading trading strategy provider PsyQuation as CEO, has launched a copy trading platform, Ditto. The platform is officially registered as Gleneagle Securities and is licensed by the regulators in Australia and Vanuatu.“I am excited to announce a new venture that I have been working on and will soon be going live with. After more than 20+yrs trading and always building products on top of someone else’s broker we have finally become a product lead broker,” Berman, who is now Ditto’s CEO, wrote.The new platform

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

Source Node: https://cointelegraph.com/magazine/2021/09/30/powers-on-bitcoins-adoption-will-not-be-stopped
Time Stamp: September 30, 2021 9:08 AM - Modified On: September 30, 2021 - Published By:
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In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches

100 years ago, Henry Ford proposed ‘energy currency’ to replace gold

Source Node: https://cointelegraph.com/news/100-years-ago-henry-ford-proposed-energy-currency-to-replace-gold
Time Stamp: September 18, 2021 2:41 PM - Modified On: September 18, 2021 - Published By:
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In 1921, American industrialist Henry Ford proposed the creation of an “energy currency” that could form the basis of a new monetary system — offering striking similarities to the peer-to-peer electronic cash system outlined in Satoshi Nakamoto’s 2008 Bitcoin (BTC) whitepaper. Front page of the New York Tribune dated Sunday, December 4, 1921. Source: Library of CongressBitcoin as an energy currencyOn Dec. 4, 1921, the New York Tribune published an article outlining Ford’s vision of replacing gold with an energy currency that he believed could break the banking elites’ grip on

Steve Cohen Invests in Crypto Trading Firm Radkl

Source Node: https://beincrypto.com/steve-cohen-invests-in-crypto-trading-firm-radkl/
Time Stamp: September 15, 2021 7:15 PM - Modified On: September 15, 2021 - Published By:
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The hedge fund magnate and owner of the New York Mets continues his support, vocally and financially, for the crypto industry. Sponsored Sponsored Cryptocurrency trading frim Radkl has secured a high-profile investor in Steve Cohen. Cohen has invested an undisclosed about of financial support for the new firm, which launched on Tuesday. According to the Wall Street Journal Cohen is investing with his personal assets rather than using capital from his Point72 Asset Management LP.  According to a spokesperson from Radkl, Cohen “won’t be involved in Radkl’s day-to-day operations.” The move

$400bn Wealth Manager Neuberger Berman Green-Lights Bitcoin Investments

Source Node: https://decrypt.co/79096/400bn-wealth-manager-neuberger-berman-green-lights-bitcoin-investments
Time Stamp: August 21, 2021 8:36 AM - Modified On: August 21, 2021 - Published By:
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In brief Neuberger Berman’s Commodity Strategy Fund is worth $164 million. The company says that up to 5% of its Commodities fund can now be invested in Bitcoin futures and ETFs. Neuberger Berman is not the first asset management firm to take an interest in crypto. New York asset management company Neuberger Berman, which controls over $402 billion in private wealth, has earmarked up to 5% of its $164 million Commodity Strategy Fund for investment in Bitcoin products, such as Bitcoin futures and Canadian Bitcoin Exchange-Traded Funds. In a regulatory filing

Binance Hires Ex-IRS Officer To Fight Money Laundering

Source Node: https://cryptobriefing.com/binance-hires-ex-irs-officer-to-fight-money-laundering/
Time Stamp: August 18, 2021 7:10 AM - Modified On: August 18, 2021 - Published By:
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DeFi Blue Chips, Polkadot Tokens Plummet in Market Dip

Source Node: https://cryptobriefing.com/defi-blue-chips-polkadot-tokens-plummet-in-market-dip/
Time Stamp: August 18, 2021 6:45 AM - Modified On: August 18, 2021 - Published By:
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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may

US Congressman Beyer Introduces Crypto Bill With ‘Basic Protections’ For Investors

Source Node: https://decrypt.co/77245/us-congressman-beyer-introduces-crypto-bill-with-basic-protections-for-investors
Time Stamp: July 30, 2021 10:37 AM - Modified On: July 30, 2021 - Published By:
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In brief A U.S. Congressman has introduced legislation surrounding the regulation of digital assets. The law would provide clarity on the roles of several regulatory authorities including the SEC and the CFTC. Representative Don Beyer (D-VA) introduced legislation to regulate digital assets earlier this week. The legislation, titled the “Digital Asset Market Structure and Investor Protection Act,” aims to protect consumers while simultaneously promoting financial innovation. “Unfortunately, the current digital asset market structure and regulatory framework is ambiguous and dangerous for investors and consumers. Digital asset holders have been subjected to

Nugenesis Ecosystems – Upholding the Principles of Monotheism Financial Practices, Paving the Way for Future Application of Islamic and Non-usury Banking

Source Node: https://themerkle.com/nugenesis-ecosystems-upholding-the-principles-of-monotheism-financial-practices-paving-the-way-for-future-application-of-islamic-and-non-usury-banking/
Time Stamp: July 19, 2021 6:38 PM - Modified On: July 19, 2021 - Published By:
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Islamic scholars have long had major issues with whether cryptocurrency is permissible, and is it equal or more appropriate to Islamic finance than Fiat?All Monotheism religions have strict rules around finance, and it historically defines currency as commodities with intrinsic value — gold, silver, metals, tradable products, etc.Some may argue that government-issued fiat currencies do not have any intrinsic value and may be incompatible with a careful interpretation of Sharia law. This would pose a problem for the burgeoning Islamic finance industry, which aims to produce financial returns in compliance