AIVIA

11 Jan 2022 13:13

📈Legendary value investor Bill Miller is betting big on Bitcoin.
The digital currency and some related crypto investments now account for half of his personal investment portfolio.

AIVIA

08 Jan 2022 10:58

⚡️PayPal Explores Launch of Own Stablecoin in Crypto Push

Company says it would work with regulators ahead of launch.
Evidence of the company’s exploration into building a stablecoin was first discovered in PayPal’s app by developer Steve Moser and shared with Bloomberg. Hidden code and images show work on what is dubbed a “PayPal Coin.” The code indicates such a coin would be backed by the U.S. dollar.

PayPal isn’t the first technology giant to explore launching its own coin.

AIVIA

05 Jan 2022 13:32

🔍Goldman Says Bitcoin $100,000 a Possibility by Taking on Gold

Goldman estimates that Bitcoin’s float-adjusted market capitalization is just under $700 billion. That accounts for 20% share of the “store of value” market which it said is comprised of Bitcoin and gold. The value of gold that’s available for investment is estimated at $2.6 trillion.

AIVIA

31 Dec 2021 17:19

We wish you a Happy and Healthy New Year 🌲
May this year bring you love, joy, peace, wealth, and prosperity! 🎅
Happy New Year from AIVIA WEALTHTECH 🥂

AIVIA

27 Dec 2021 15:00

📈Institutional crypto custodians raised more than $3 billion in 2021

Such firms have raised more than $3 billion this year. As noted in The Block Research's 2022 Digital Asset Outlook Report, the rate of investments was more than three times higher than 2020.

AIVIA

23 Dec 2021 18:33

👉 Visa – the leading payment processing company – has completed the acquisition of CurrencyCloud for a whopping 700 million British pounds, worth around $925 million.

-In a press release from December 20th, the payment processing mogul Visa announced that it had completed the acquisition of CurrencyCloud.
- The latter is a platform that allows banks and fintech companies to provide foreign exchange solutions for cross-border payments.
- The acquisition is worth 700 million British pounds or about $925 million, according to the deal that was signed back in July this year.
- CurrencyCloud also confirmed the news through their Twitter account.

AIVIA

20 Dec 2021 18:34

⚡️Dubai World Trade Center to Become Crypto Zone and Regulator

In a recent update from the nation, Dubai authorities have declared that the Dubai World Trade Center (DWTC), a government-owned event and exhibition venue, will soon become a comprehensive zone and regulator for digital assets, including crypto assets, products, operators, and exchanges.

The initiative is geared toward promoting mass adoption of crypto by designing a “comprehensive ecosystem” for the rapidly growing industry. It aims to work with the private sector and other important entities needed to make crypto accessible and more secure for residents.

AIVIA

15 Dec 2021 20:18

⚡️LEDN – a global Bitcoin lending platform based in Toronto – has announced a first-of-its-kind Bitcoin-backed mortgage product. This follows a $70 million Series B funding round which now puts the company’s valuation at $540 million.

AIVIA

14 Dec 2021 10:41

👉 Mubadala’s CEO Khaldoon Al Mubarak tells CNBC he’s not a crypto skeptic

AIVIA

08 Dec 2021 16:50

💳 Visa Introduces Crypto Advisory Services to Help Partners Navigate a New Era of Money Movement

The case for crypto is getting stronger for financial institutions; new global research finds nearly 40% of crypto owners would be likely to switch primary banks to one that offers crypto products.

This paper Visa offers a data-driven exploration into the evolving landscape of crypto, drawing from an ambitious custom Visa / LRW study on the global attitudes and behaviors of consumers who exhibit varying levels of crypto engagement.

AIVIA

07 Dec 2021 18:10

👉 Bitcoin Whales Bought Almost $3.5 Billion (67K BTC) During the Crash to $42K

AIVIA

29 Nov 2021 22:16

❗️Jack Dorsey Steps Down as Twitter CEO

The price of Twitter shares shot up by double digits as news broke that the CEO of the social media giant – Jack Dorsey – has decided to quit.

CNBC reported, and later was confirmed by Jack Dorsey himself on twitter, the breaking news about Jack Dorsey’s decision to step down as the chief executive officer of Twitter.

The news comes as somewhat of a surprise at the moment, given the support Dorsey had. Last year, reports emerged that Paul Singer – billionaire investor and founder of Elliot Management Corp, wanted to replace Dorsey.

Shortly after, though, it became clear that he will remain at his position, which was regarded as positive news for Bitcoin supporters since Dorsey is among the most well-known proponents of the primary cryptocurrency.

In the past, he has repeatedly outlined BTC’s merits and even suggested during the 2021 Bitcoin Conference that he would quit being the CEO of Twitter and Square if BTC needed him, which raises the question of whether he has done precisely that.

Nevertheless, there will be many questions inside the community about what will happen to the relationship between Twitter and Bitcoin. The social media giant has been highly supportive of the cryptocurrency, including allowing BTC tips.

Separately, the news about Dorsey’s stepping down as Twitter CEO propelled a price surge for the company’s shares, which opened 10% higher than the last close.

AIVIA

22 Nov 2021 16:19

🔥 El Salvador to Build a Bitcoin City

Just months after adopting BTC as legal tender, the small Central American country plans to create a Bitcoin City with the help of Blockstream and Bitfinex. Separately, the country said it will buy $500 million more of BTC.

El Salvador to Issue $1B in Tokenized Bonds on the Liquid Network.

AIVIA

17 Nov 2021 13:01

✅ Kevin O’Leary says his crypto holdings today are almost at 10%.

O’Leary declined to disclose all of his holdings, but noted that he owns bitcoin, the largest cryptocurrency by market value; ether, the second-largest and native to the Ethereum blockchain; and USD Coin, a stablecoin among the top 10.

AIVIA

09 Nov 2021 22:30

🔥BitMEX Launches Tether (USDT) Margined Contracts

According to an exclusive press release shared by BitMEX, Tether (USDT) is slated to go live on the crypto exchange on 10th November at 04:00 UTC. With this, the traders can now formally begin margin trading and settle with Tether issued on the Ethereum network, i.e., ERC20-USDT on BitMEX.

AIVIA

10 Jan 2022 12:58

🔍Electric Capital Report: $100B of DeFi Locked Value Comes From Less Than 1,000 Developers

The largest ecosystems are Ethereum, Bitcoin, Polkadot, Cosmos, Solana, BSC, NEAR, Avalanche, Tezos, Polygon, and Cardano, each with 250+ monthly active developers
Polkadot, Solana, NEAR, BSC, Avalanche, and Terra are growing faster than Ethereum did at similar points in its history
2,500+ developers are working on DeFi projects.

AIVIA

06 Jan 2022 17:44

🇨🇳China’s digital currency comes to its biggest messaging app WeChat, which has over a billion users

AIVIA

04 Jan 2022 19:53

Billionaire investor Chamath Palihapitya has boldly predicted that Visa and Mastercard, two of the biggest payment processors, will be overthrown by emerging blockchain and DeFi projects in 2022.

AIVIA

29 Dec 2021 20:09

News about AIVIA on Medium
👇
aivia/attention-hedge-fund-managers-and-traders-now-you-can-launch-your-very-own-copytrading-business-c2967348a061" rel="nofollow">https://medium.com/@aivia/attention-hedge-fund-managers-and-traders-now-you-can-launch-your-very-own-copytrading-business-c2967348a061

AIVIA

24 Dec 2021 15:09

📈Billionaire Crypto Pioneer Says Market Will Grow To Tens Of Trillions Of Dollars

AIVIA

23 Dec 2021 18:28

⚡️Visa Launches Crypto Advisory Forum to Boost Digital Currency Use

AIVIA

16 Dec 2021 11:40

🔥Meet our new product for traders and hedge funds
👇
https://aivia.io/blog/en/copytrading-white-label-solution-for-crypto-assets-traders/

AIVIA

15 Dec 2021 19:50

Astar Network Project Overview
👇
https://twitter.com/aivia_io/status/1471190467840823296

AIVIA

14 Dec 2021 09:34

🚀Germany's trillion-euro savings banks mull crypto wallet

AIVIA

07 Dec 2021 18:18

🚀Colombia: Gemini and Bancolombia Will Start Offering Crypto Services Next Week

People in Colombia will soon have a new option to buy their favorite cryptocurrencies using their bank accounts just as easily as they buy any other product.

The US-regulated cryptocurrency exchange Gemini announced that it had finally completed all the necessary steps to move to the implementation phase of a project that would allow Colombians to buy cryptocurrencies with the funds stored on their Bancolombia accounts.

This partnership is of great importance for the development of the local crypto industry as Bancolombia is the largest bank in the country, with total assets amounting to $275.76 billion in 2020 and over 16 million users in the same year.

AIVIA

01 Dec 2021 11:52

🔥Fidelity Launches a Spot Bitcoin ETF in Canada

Fidelity Investments currently manages around $4.2 trillion in assets, making it one of the leading asset management companies in the world.

Recent reports reveal that the company has no intention of waiting for the US Securities and Exchange Commission (SEC) to make up its mind on whether or not to allow a spot Bitcoin ETF in the country.

Instead, Fidelity is launching a spot Bitcoin ETF in Canada.

The product is called Fidelity Advantage Bitcoin ETF (FBTC) and will obtain physical bitcoins directly.

This means that the fund will buy actual BTC instead of getting exposed through a derivative instrument.

According to the reports, Fidelity is calling the shots because of serious client demand and chose Canada because the US authorities fail to provide any further clarity on the matter.

The FBTC fund will also be managed actively.

The move also comes days after Fidelity received Canada’s regulatory approval to launch the country’s first BTC institutional solution.

Canada is no stranger to spot Bitcoin ETF products.

AIVIA

23 Nov 2021 15:17

The Optimism project is currently in the deployment phase. The main network and other tools will be fully functional by the end of 2021.
👇
https://twitter.com/aivia_io/status/1463148394243923973

AIVIA

20 Nov 2021 15:26

🙌 Bitcoin hodlers

AIVIA

11 Nov 2021 20:24

⚡️Austria Plans to Treat and Tax Cryptocurrencies Like Stock Investments

A recent Bloomberg report reads that Austria wants to create fairness between the different classes of assets and impose a 27.5% capital gains tax on all of them, regardless of being stock, bond, or cryptocurrency investments. The Finance Ministry commented:

“We are taking a step in the direction of equal treatment, to reduce mistrust and prejudice toward new technologies.”

If approved, the new legislation will start applying from March 2022, while Austria could become the first nation in the European Union with such a taxation regime.

The authorities will enforce the new tax rules on digital assets like bitcoin and ether only when the tokens are sold. Investors will not have to pay 27.5% if they buy tokens before next spring’s planned date.

People selling one cryptocurrency to buy another will also be exempt from paying taxes. Last but not least, investors would be able to receive compensation against potential losses when they sell their tokens, according to the proposed policy.

AIVIA

08 Nov 2021 16:14

🚀 DeFi can be 100 times larger than today in 5 years

The decentralized finance sector currently represents only 0.1% of its maximum potential, and its significant growth is inevitable.

DeFi is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has grown by leaps and bounds since the Ethereum network went live in July 2015, with Ethereum network transactions growing by 33x to 1.2 million per day currently, and blockchain transactions would exceed millions per day if other chains were included.

Most of these transactions originated from the DeFi services such as Uniswap, which facilitates over $1 billion swaps each day, as well as lending and borrowing protocols such as Aave, Compound and BondAppetit, with tens of billions in market size. While these are large numbers by any standard, it is only a decimal point of the trillion-dollar traditional finance (TradFi) industry.

Even though countries like China continue to crack down on crypto, it will only accelerate the use of DeFi. Active Ethereum wallet and browser extension MetaMask users have 10x-ed to 10 million in August 2021. While this is a seemingly high number, it represents only a 5% penetration rate amongst the 221 million global crypto users. This shows that the general crypto users, who are used to frictionless centralized services such as Robinhood, are a massive untapped market for DeFi and can be captured as the UI/UX is improved.