investment


Markets

Bitcoin 'Too Volatile' to Be Global Medium of Exchange, Says Berkshire's Charlie Munger

The 97-year-old vice chairman of Berkshire Hathaway said buying bitcoin is "the pursuit of the uneatable by the unspeakable."

Charles Munger, vice chairman of Berkshire Hathaway

Finance

Coinbase Has Held Crypto Assets Like Bitcoin on Its Balance Sheet Since 2012

The disclosure comes as Coinbase is preparing for a public listing in the U.S.

Coinbase CEO Brian Armstrong

Policy

Swedish Regulator Warns Consumers Over Crypto Investment Product Risks

The Financial Supervisory Authority said investment products such as bitcoin ETPs carry "significant" risk for consumers.

Stockholm, Sweden

Markets

Even Skeptics May Need to Consider Crypto Exposure: WSJ's Heard on the Street

Cryptocurrency's viability as an investment may not be in its value as an asset but in the way the financial world is evolving because of it.

Wall Street Bull

Markets

Bitcoin May Be a Better Investment Than Gold, Says DoubleLine CEO Jeffrey Gundlach

Gundlach has previously said, "I don't believe in bitcoin."

Jeffrey Gundlach, CEO of DoubleLine Capital

Markets

'Long Tech' Retakes Most-Crowded Trade Crown from Bitcoin: Bank of America Survey

Bitcoin had been most-crowded trade in January as prices rose to a $40,000 record.

Bank of America

Finance

New Kraken Venture Fund to Target Early-Stage Crypto, Tech Startups

Kraken Ventures will operate autonomously, with financial backing from the exchange.

Kraken co-founder and CEO Jesse Powell

Finance

Former HSBC Exec and Blockchain Expert Diana Biggs Joins Valour as CEO

Biggs is an associate fellow at the University of Oxford's Saïd Business School, guest lecturing on blockchain technology and digital assets.

Diana Biggs, Valour CEO

Finance

New $50M Venture Fund Aims to Bridge East-West DeFi Investment Divide

Spartan Group's new fund has raised over $30 million in its first round, with a further $20 million expected to be raised in March or April.

Singapore

Markets

Following GameStop, South Korea Financial Regulator Extends Ban on Short Sales

Caving to pressure from retail traders, South Korea's ban on short-selling has been extended through May.

The South Korean Financial Services Commission is extending a ban on short-selling after last week's GameStop share price pump.