News by results: Investments

Coinsbit’s ex-owner buys LocalTrade exchange

Mykola Udianskyi, the former owner of Coinsbit exchange, in his comment for LetKnow.News informed that he buys LocalTrade exchange.

Crypto asset manager Grayscale posts its best year with over $600 million in investments

Crypto asset management giant Grayscale Investment brought in more than $600 million from investors during 2019.

Grayscale sees investment double in Q2, says institutions 'invest with us all the time'

In a recent interview with The Block, a Grayscale executive noted that investment in the firm's trust products has doubled in Q2 and institutional investors have been "investing with us all the time."

Bitcoin isn’t a security according to SEC staff

Bitcoin isn’t as security, according to an October 1, 2019 letter from the SEC’s Division of Investment Management staff.

Nets’ Spencer Dinwiddie Can’t Sell Shares in His Contract, N.B.A. Says

The N.B.A. on Friday notified the Nets’ Spencer Dinwiddie that he cannot use his contract as a digital investment vehicle, according to a league official.

When to Sell Bitcoin? ‘Never’ — Mark Yusko Says BTC Like Amazon Stock

Bitcoin (BTC) is a buy and it has never been the right time to sell it, serial investment manager Mark Yusko has told mainstream media viewers.

Thiel-Backed Investment Fund 1Confirmation Raises $45 Million for Crypto Bets

Nick Tomaino, a former Coinbase employee who launched one of the first crypto investment funds, announced on Wednesday that his firm, 1Confirmation, has raised $45 million for a second fund.

Fidelity Affiliate Joins $3.5 Million Investment in Bitcoin Sleuthing Firm Elementus

Elementus, a startup focused on spotting illicit transactions made with cryptocurrency, today announced raising $3.5 million, partly from a fund linked to Fidelity Investments.

Federal Trade Commission reaches settlement with 4 promoters it accused of running fraudulent crypto schemes

The U.S. Federal Trade Commission (FTC), the country’s trade regulator, has settled charges it filed last year against four promoters for allegedly operating fraudulent cryptocurrency investment schemes.

Buy Gold ‘At Any Level,’ Mobius Says as Central Bankers Ease

Veteran investor Mark Mobius gave a blanket endorsement to buying gold, saying accumulating bullion will reap long-term rewards as leading central banks loosen monetary policy and the rise of cryptocurrencies serves only to reinforce demand for genuinely hard assets. Prices climbed.

‘Youngest Bitcoin Millionaire’ Willing to Stake it All on Metal Pay

Metallicus, the startup behind the peer-to-peer payments platform Metal Pay, received an undisclosed angel investment from the youngest bitcoin millionaire, Erik Finman.

Grayscale’s $2.7 Billion in Crypto Assets Will Now Be Held by Coinbase Custody

Grayscale Investments has tapped Coinbase Custody to serve as the new security provider for its digital asset holdings, the companies announced Friday.

Singapore’s Regulator Warns of New Scam Bitcoin Investment Scheme

Singapore's central bank and financial watchdog issued an official warning, stating that the agency has become aware of a website that invited online users to invest in Bitcoin via an article containing falsified claims.

The expert explained what ICO Reg A + is

Reg A + crowdfunding is one of the most desirable ways to collect investment in the US market, allowing you to raise up to $ 50 million. That’s what Nikita Novikov, a lawyer of blockchain pactice Juscutum told LetKnow.News.

Billionaire Investor Henry Kravis Makes First Crypto Investment

Billionaire investor and philanthropist Henry Kravis is dipping his toe into the world of crypto assets.

Bitcoin Analyst Says BTC Could Reach $25,000 by End of 2019

Bitcoin (BTC) price analyst Oliver Isaacs thinks it will hit $25,000 around the end of 2019, according to a report by The Independent on June 5.

The profitability of investment in Bitcoin in 2019 was 134%

Charlie Bilello, an analyst at New York-based Pension Partners, said that the return on investment in the first cryptocurrency since the beginning of this year was 134%.

Bank of America CIO Says Bitcoin Investments Signal A Looming Recession

The chief investment officer at Bank of America Merrill Lynch, Michael Hartnett, has recently caused a bit of a stir. Specifically, Hartnett has come out and said that the recent rise in the price of Bitcoin is a sign of a looming recession.

Hong Kong Fund’s Projected $400 Million Overstock Investment Ends With $5 Million Close

GSR Capital has finally closed on its investment in tZERO, Overstock.com’s security token trading platform, after months of delays and revisions to the deal.

68% of Global Millionaires Already Invested or Plan to Invest in Crypto by 2022: Survey

68% of global high-net-worth individuals have already invested or are planning to invest in crypto by the end of 2022, according to a survey by Dubai-based financial consultancy firm deVere Group released on May 3.