Similar to ETFs or mutual funds, crypto funds are groupings of digital assets and cryptocurrencies. They make investments in digital assets rather than equities, indexes, or commodities. Since the first Bitcoin fund was introduced in 2013, more than 840 new cryptocurrency funds have been created. With a combined AUM of $62.5 billion during the height […]
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In 2020, the global NFT market did about $338 million in transaction volume. In 2021, it surpassed $41 billion. Meanwhile, the global physical collectibles market, including trading cards, games, toys, coins, etc., is a $370 billion market. If history is any indication, when a physical market goes digital, it eventually grows even bigger than the […]
The United States Federal Trade Commission (FTC) recently circulated a scam alert regarding cryptocurrency automated teller machines (ATMs). The warning posted by Cristina Miranda from the Commission’s division of consumer and business education noted that: “There’s a new spin on scammers asking people to pay with cryptocurrency. It involves an impersonator, a QR code, and […]
2021 saw a significant spike in cryptocurrency ATMs across the globe, with over 20,000 new machine installations since December 2020. Interestingly, the newly-added machines are more than all the crypto teller machines that have existed in the past seven years. Installation growth chart by Coin ATM Radar showed that the total number of all Bitcoin […]
