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The report indicates that Australia has a higher cryptocurrency adoption rate with one in every five current or past crypto holders. Key factors driving adoption include the relatively low investment threshold, greater financial control, and a perception of increased equality. However, barriers such as lack of knowledge and understanding hinder adoption. Aussies Embrace Alternative Investments … Read more
Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys Another Batch of Bitcoins Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins … Read more
EY, one of the big four consulting and auditing firms in the world, found that one in four hedge funds are expecting to increase their crypto exposure for the next year. The 2021 EY Global Alternative Fund Survey describes that alternative fund managers are slowly taking a stable place in the portfolios of investors, with … Read more
