Tag: Crypto
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Millionaires Continue to Pile into Crypto: poll
Millionaires and High net worth (HNW) investors have not lost any confidence in cryptocurrencies, despite the dismal so-called crypto winter of 2022, as the robust first half of year continues for the market. 85% of HNW clients have considered, or currently already are, investing in cryptocurrencies such as Bitcoin so far in 2023, according to…
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Cryptocurrency and Offshore Banking
A New Frontier In the rapidly evolving financial world, cryptocurrency has emerged as a disruptive force. Offshore banking, a sector known for its adaptability and resilience, is not immune to these developments. This article explores the intersection of cryptocurrency and offshore banking, analyzing the potential opportunities and challenges this new frontier presents. Cryptocurrency: A Brief…
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The World of Stable Coins and Crypto Tethering
Cryptocurrencies are known for their volatility, which makes them risky to use as a store of value or a means of exchange. However, stable coins and crypto tethering aim to address this issue by providing a stable value to users. In this blog post, we will explore some examples of crypto tethering and stable coins.…
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Warren Buffett’s partner Charlie Munger ‘making a fool of himself’ on Crypto
Warren Buffett’s long-time business partner Charlie Munger is “making a fool of himself” for his “archaic, short-sighted and hypocritical” views on cryptocurrencies such as Bitcoin, says the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The comments from Nigel Green of deVere Group follow an opinion piece in…
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‘Buying power’ of the 100 bitcoin richest addresses decline 30% since the year’s start
With bitcoin registering world swings in recent days, the impact of the price movement is reflected in the amount of the asset held by the top wallets According to data compiled by cryptocurrency trading simulator Crypto Parrot, 15 of the top 100 bitcoin richest addresses recorded outflows of 43,161 in bitcoin between April 25 and…
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Powerful Mining Rigs Offer Extended by Zigmabit Inc
TOKYO, Jan. 3, 2020 /PRNewswire/ — Zigmabit Inc. (www.Zigmabit.com) has achieved a critical milestone in reshaping how the mining of cryptocurrency is done. The mining rigs manufacturer has now crossed $100 million worth of orders from customers around the world interested in the company uses its tried and tested 7nm ASIC ZigmaBit BoosterX chips in its hardware, coupled with…