The Reserve Bank of India (RBI) has been at odds with India’s crypto business for quite some time. The relationship between the two is best defined as adversarial. Because the Reserve Bank of India is concerned about India’s ability to absorb financial shocks, it has repeatedly pointed out the drawbacks of adopting cryptocurrencies. The sector,…
Daily Crypto News 17 June 2021 Fox Entertainment $100M NFT
Fox Entertainment Invests $100 million into Blockchain Creative Labs NFT platform Fox Entertainment’s animation studio Bento Box Entertainment has announced that it is launching a ‘creator fund’ and will invest $100 million into an NFT digital marketplace that will be run by a new business unit Blockchain Creative Labs. KRAPOPOLIS and future series will be…
For a $7.5 billion hedge fund, gold is nice, but Bitcoin is better.
According to a $7.5 billion hedge fund, gold will rocket to new highs next year, but investors seeking monetary alternatives as global debt rises should go to Bitcoin. Even as the Federal Reserve begins to trim asset purchases, both are expected to surge, according to Troy Gayeski, co-chief investment officer and senior portfolio manager at…