Cryptocurrency Is Losing Popularity as Investment Vehicle in US, According to...
The popularity of cryptocurrency as an investment vehicle is dwindling in the U.S., according to a survey made by Bankrate. The survey found that trust in crypto has diminished across several groups, with millennials losing 20% of their trust in the assets — more confidence lost than in the other generational groups surveyed. Investors Losing Confidence in Crypto According to Bankrate While crypto is still considered a new investment vehicle in the current market, some of its believers have started to lose faith. A survey made by Bankrate shows that the number of Americans....
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Research by Bitflyer released today indicates the growing popularity of the cryptocurrency as an American household investment option. But not in Japan. Stocks Remain the #1 Investment Vehicle Bitflyer, a Japanese crypto exchange, released a research paper that dives into cryptocurrency sentiment and investment trends in the U.S. and compares them to the Japanese market. The most glaring difference between American and Japanese as far cryptocurrency acceptance is indicated through a simple question presented to survey participants: While 76% of Americans view cryptocurrencies positively,....
Bit2Me has launched an investment vehicle with a special focus on blockchain technology and cryptocurrencies. This was announced through their official website, with a statement in which the first words were: “Attention, we are looking for projects to invest in!” Bit2Me stated that they know firsthand the difficulties in the beginning of a startup, and the […]
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure Opportunities (GDIO), and the crypto mining firm Foundry will handle the new product’s operations. GDIO is meant to “capture the upside of crypto winter,” Grayscale’s announcement on Thursday details.
Grayscale’s New Co-Investment Vehicle GDIO Looks for Opportunities....
The possible creation of a new investment vehicle is bringing wider attention to the lesser-known digital currency, ether classic. Teased as a forthcoming offering from Digital Currency Group (DCG) subsidiary Grayscale Investments, the investment vehicle (tentatively named the Ethereum (ETC) Investment Trust) would be a first-of-its-kind product offering exposure to the blockchain-based asset. Started as a controversial offshoot of ethereum, a blockchain platform for applications launched in 2014, ethereum classic has strived for legitimacy since it was created last summer, often in the....
Hacks like these are not out of the ordinary in the Bitcoin world, yet none of them succeeded in keeping the cryptocurrency down. Although the past week and a half have not been overly positive for Bitcoin, the cryptocurrency remains very resilient. The Bitfinex hack could have easily crippled any other currency or investment vehicle, but not Bitcoin. Although some media outlets blame this as the Bitcoin network being hacked, nothing could be further from the truth. An Exchange Is Not The Bitcoin Protocol. To put things into perspective: a Bitcoin exchange being hacked does not mean there....