Jan Van Eck, the CEO of asset manager Van Eck Associate, urged the United States Securities and Exchange Commission (SEC) to approve a Bitcoin (CRYPTO: BTC) exchange-traded fund due to investor demand.
What Happened: Crypto markets entered a downward spiral after China’s central bank warned financial institutions against dealing with cryptocurrency-related services.
What Happened: Morgan Stanley (NYSE: MS) has made its first investment in the blockchain industry, co-leading a $48 million investment round in digital asset securities firm Securitize, Inc.
What Happened: After several conflicting reports over the course of the past few months, India may now move to officially classify cryptocurrency as an asset class.
Key Takeaway: For a few hundred dollars, traders can pick up Oculus VR headsets and trade from anywhere. The VR workspaces can be personalized and offer traders a unique way to cut equipment costs.
A blockchain developed by the world's top crypto exchange Binance will host the non-fungible marketplace dedicated to the Marvel superhero universe owned by Walt Disney Co. (NYSE: DIS).
Nearly no UK independent financial advisers (IFAs) would recommend investing in cryptocurrencies or so-called "meme stocks."
What Happened: According to a Wednesday Reuters report, while 95% of UK IFAs would never recommend investing in meme stocks, only 93% would never advise investing in cryptocurrencies.