Despite the turmoil, asset managers bet on cryptocurrencies

Popular money managers are turning to digital assets, finding new ways to monetize investor interest even as trading volumes and prices for Bitcoin and other cryptocurrencies drop. FTSE 100-listed Aberdeen this week became the latest investment firm to take a crucial step, by buying a stake in the UK-regulated digital asset exchange Archax. The stake … Read more

Crazy demand for cryptocurrencies in light of economic turmoil

The Istanbul derby between Besiktas and its arch-rival Fenerbahce witnessed a strange incident of its kind, as the referee of the match used one of the commemorative bitcoins in the draw for the beginning of the match, which surprised many fans of the round witch in Turkey. As a result, the Turkish Football Association announced … Read more