#investing

WhiteBIT, Europe’s largest cryptocurrency exchange, has unveiled Auto-Invest, a feature that takes the hassle out of buying cryptocurrencies by automating the process entirely.

Cartwright, a large pension advisor in the UK, announced allocating 3% of its assets to Bitcoin. This is a first-of-its-kind Bitcoin investment move by pension specialists in the country.

According to a new survey by private wealth platform Aspen Digital, 76% of Asian private wealth is currently investing in digital assets. This number is up from 58% in 2022 per the KPMG report at the time.

Gary Gensler posted a thread about investing in cryptocurrencies. But there's nothing new there.

Citing potential fraud risks, British banking titan Chase has chosen to halt cryptocurrency-related payments from October 16th. "If we think you're making a payment related to crypto assets, we'll decline it," was the message relayed to clients via email. The bank also emphasized that those intent on investing in cryptocurrencies have the liberty to switch to other banks or providers.

acobi Asset Management Lists Europe’s First Spot Bitcoin ETF on Euronext Amsterdam Exchange. “It is exciting to see Europe moving ahead of the US in opening up Bitcoin investing for institutional investors who want safe, secure access to the benefits of digital assets,” says the company’s CEO, Martin Bednall. Well, now it’s the USA’s turn!

MicroStrategy CEO Michael Saylor will meet Microsoft’s Board of Directors in December to discuss the tech company investing in Bitcoin.

X (Twitter) is actively seeking a financial-data giant to collaborate on building a trading hub within its app. The request for plans emphasizes the importance of real-time information, particularly in the realm of investing. The company aims to offer financial content, real-time stock data, and other related features to enhance user experience. Reminding that Elon Musk envisions the platform as a Western super-app akin to WeChat in China, Gojek in Indonesia, Grab in Singapore, and Gozem in Africa. Such super-apps integrate various consumer services like food delivery, ride-hailing, payments, investing, and identity authentication into a single app, providing a comprehensive user experience.