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“# WEF’s crypto council explores utility beyond ‘price speculation’ in inaugural review ” The World Economic Forum’s cryptocurrency working group published its inaugural review on Thursday — its first step in communicating the application of digital assets in finance and beyond. In a 38-page report, the Forum’s Global Future Council on Cryptocurrencies highlights the various…
“# Crypto funds see near-record inflows as capital floods out of gold ” A new report from market data aggregator CoinShares has revealed recent surging crypto inflows amid record gold outflows. The report, published Dec. 7, notes that gold investment products have seen record outflows of $9.2 billion over the past four weeks, as BTC…
“# ‘You might get fired if you don’t own Bitcoin’: CoinShares on CNBC ” CoinShares chair and former JP Morgan commodity trader Danny Masters told CNBC that the financial landscape has changed to the point where not having exposure to Bitcoin could be a riskier move for portfolio managers than investing in it. Interviewed on…
“# Bitcoin price holds strong amid negative news blitz, says CoinShares report ” Blockchain headlines have been awash with negative news tidbits lately. KuCoin suffered a major hack on Sept. 26; two United States regulatory bodies went after BitMEX on Oct. 1; the United Kingdom’s Financial Conduct Authority, or FCA, banned crypto derivatives on Oct. 6;…