Category: HEDGE

BCH Defi Project Detoken To Close Its Doors Over Regulatory Climate Toward Crypto Derivatives

On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the…

Goldman Sachs Survey Shows Family Offices Are Flocking To Crypto Investments

High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset…

As Bitcoin’s Yearly Inflation Rate Dips To 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate

The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior.…