Morgan Stanley: Crypto is a new institutional asset class
A new report from the global investment bank lays out its case for crypto as an entirely new asset class that has its own unique market dynamics, institutional participants, and a thriving product ecosystem. Read more
Coinbase has completed a massive $300M funding round to become an $8B company
The cryptocurrency powerhouse has just completed its Series E funding, led by Tiger Global, and plans to use the cash for its global expansion. It’s now valued at more than $8B today, and is one of the most valuable companies in crypto. Read more
Inside the biggest ICOs of last year – where did the money go?
This piece from Forbes is an insightful post-mortem on the largest ICOs of last year. Despite the hype, many of the largest token projects are just a shadow of their former selves, and some have gone bankrupt entirely. Read more
Crypto investors are flocking to Malta in droves
The Malta Blockchain Summit is taking place this weekend, and it’s poised to showcase the island nation as a true haven for crypto. Investors and entrepreneurs alike are increasingly setting up shop on the island on account of its open and accepting approach to crypto. Read more
Emerging markets are closing the cash gap with crypto
Most emerging markets don’t yet have an established financial system, and that means an increased willingness to experiment with new financial technologies – and crypto is leveling the playing field for many in these markets, from Nairobi to Santiago. Read more
Coinbase is set to rake in more than a billion in revenue this year
After several years of revenue hovering around $17M, Coinbase is on a record growth trajectory. Its latest numbers are showing that it’s set to earn more than a billion dollars in revenue this year, even in a massive downturn in the crypto markets. Read more
The risk of loss in the trading of stocks, options, futures, forex, foreign equities, and bonds can be substantial and is not suitable for all investors. Trading on margin or the use of leverage is not suitable for all investors and losses exceeding your initial deposit is possible. Supporting documentation is available upon request. Trading futures, options on futures, and FX involves substantial risk of loss and is not suitable for all investors. Carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources and only risk capital should be used. Opinions, market data, and recommendations are subject to change at any time. The lower the margin used the higher the leverage and therefore increases your risk. Past performance is not necessarily indicative of future results.