Bitcoin, crypto and Web3 teeter on the brink of a $2 trillion bubble | Business

Brian Armstrong, the 38-year-old, bald-headed brainbox behind cryptocurrency exchange Coinbase, gave himself a Christmas present this year: an immense property in LA’s Bel Air. The price was a cool $133 million (£97 million). He’s unlikely to miss it. Armstrong’s net worth shot to an estimated $9.4 billion after Coinbase’s 2021 stock market float.The one-time Airbnb … Read more

Crypto exchanges saw over $14 trillion in trading volume this year

Crypto exchanges saw over $14 trillion in trading volume this year

advertisement Centralized crypto exchanges, which hold customers’ private keys unlike decentralized exchanges, reported more than $14 trillion in trading volume in the year 2021, according to The Block Research. That figure is a massive 689% increase compared to 2020 trading volumes, based on data as of December 24. Last year, centralized crypto exchanges facilitated over … Read more

Metaverse Tokens See Triple-Digit 7 Day Gains, Crypto Market Cap Inches Toward $3 Trillion – Market Updates Bitcoin News

Metaverse Tokens See Triple-Digit 7 Day Gains, Crypto Market Cap Inches Toward $3 Trillion

While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169% … Read more

$20 trillion of managed money could drive ETF demand, CEO says

$20 trillion of managed money could drive ETF demand, CEO says

Exchange-traded fund investors are getting even more interested in cryptocurrency exposure — and the advent of things like bitcoin futures ETFs could lead to a demand explosion, one CEO says.”The stars are aligning right now for demand for crypto allocation in the advisor community when you look at 30 years of declining interest rates and … Read more

Crypto investors still are not sufficiently protected in the $2 trillion market despite the success of the first bitcoin ETF, SEC chief Gary Gensler says | Currency News | Financial and Business News

Gary Gensler, chair of the SEC, testifies at a hearing in September.

Gary Gensler, chair of the SEC, testifies at a hearing in September. Evelyn Hockstein-Pool/Getty Images The first-ever bitcoin-futures that launched on October 19 was a massive success. SEC Chair Gary Gensler on Monday voiced concern that crypto investors are still not well protected. His comments led to some speculation among observers on social media that … Read more

Financial Advisors Managing $110 Trillion Can Now Offer Crypto Trading to Clients via Interactive Brokers – Featured Bitcoin News

Financial Advisors Managing $110 Trillion Can Now Offer Crypto Trading to Clients via Interactive Brokers – Featured Bitcoin News

Registered investment advisors (RIAs) with about $110 trillion under management can now offer their clients cryptocurrency trading through Interactive Brokers. RIAs manage portfolios of almost 61 million clients. Registered Investment Advisors Can Now Offer Cryptocurrencies to Clients Global investment firm Interactive Brokers Group (Nasdaq: IBKR) announced Monday the launch of cryptocurrency trading for registered investment … Read more

Crypto Breaks $2.5 Trillion As Bulls Predict A ‘Ludicrously Strong’ Bitcoin And Ethereum Price Rally

Crypto Breaks $2.5 Trillion As Bulls Predict A ‘Ludicrously Strong’ Bitcoin And Ethereum Price Rally

Bitcoin and cryptocurrency prices have surged this week as expectations the U.S. regulator will green light a bitcoin futures exchange-traded fund (ETF) have soared. The bitcoin price smashed through $60,000 per bitcoin, hitting highs of almost $63,000 yesterday before falling back slightly and pushing the combined cryptocurrency market to over $2.5 trillion—returning to its May … Read more

Crypto Imperiling $7 Trillion Of Stocks Makes China’s Point

Crypto Imperiling $7 Trillion Of Stocks Makes China’s Point

getty China’s argument with cryptocurrencies got quite an assist from index giant MSCI. Crypto enthusiasts like to think bitcoin and other private mediums of exchange exist outside the conventional financial system. So do, it often seems, officials from Washington to Tokyo dragging their feet on regulatory responses. A new analysis from MSCI, though, suggests these lackadaisical … Read more