top of page
  • Writer's pictureTeam Sygnum

Discover the top news in crypto for the week!

Crypto’s adoption is on a rally, with emerging economies leading the way, while institutions focus entire divisions on digital assets. At the same time, the mining landscape reinforces the US position while new ownership models based on digital assets gain traction. Find out the top 5 crypto news of this week.

The Lightning Network propels Bitcoin’s growth.

A new report by CoinShares suggests that Bitcoin’s recent adoption is due to the integration of the Lightning Network - an additional layer on top of the Bitcoin network - to increase efficiency.

”Lightning enables users to amortize the cost of a Bitcoin transaction across many payments over time,” allowing for faster and cheaper transactions under the network.

The report also suggests that Bitcoin can handle more transactions than payment networks like Visa while offering even more security.

Read more

US miners benefit from China’s ban on the industry.

North American miners are taking advantage of the Chinese crypto mining ban to reveal significant growth in their mining production in the last quarter.

As miners relocate to other countries, some have shut down operations, leading big players in the US to gain market share while decentralizing Bitcoin’s hash rate.

The US is positioning itself as a great alternative for miners, with states embracing green energy sources and big players doubling down on their mining efforts.

Read more

Singaporean investors favor Ethereum.

A new study reveals that Ethereum is the most popular digital asset among Singaporean investors, followed by Bitcoin and Cardano.

The survey found that 67% of Singaporeans own crypto, while 34% plan to invest next year.

People under 35 years old lead the investment trend, while 64% of participants reveal having more than 5% of their portfolio in digital assets.

Read more

Blockchain can save the future library of Alexandria.

Many of the records that compose human history and its evolution have been targets of destruction by worldwide conflicts or natural catastrophes.

Blockchain technology can help keep a transparent and trackable chain of records for all types of information while safeguarding them against destruction, robberies, or counterfeiting threats.

Decentralized record-keeping brings additional advantages as information can multiply “into multiple pieces“ across “different servers or nodes.”

Read more

90% of investors are looking for Bitcoin.

Fidelity investment reveals that 90% of their biggest clients are now asking about Bitcoin amid more interest in crypto by retail and institutional investors.

The digital assets division of Fidelity Investments is now focused on Bitcoin while its president claims that we are “seeing the emergence of a real asset class.”

The interest by traditional investors around Bitcoin surpasses other cryptocurrencies while corporates, individuals, and countries look at digital assets for more use-cases.

Read more

To be the first to get the latest news on Sygnum and the market, expert insights and industry research please follow us on Linkedin and Twitter.


This document is purely for educational purposes and has been issued by Sygnum Group. It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a marketing communication. It does not constitute an offer or a recommendation to subscribe, purchase, sell or hold any security or financial instrument. It contains the opinions of Sygnum Group, as at the date of issue. These opinions and the information contained herein do not take into account an individual‘s specific circumstances, objectives, or needs. No representation is made that any investment or strategy is suitable or appropriate to individual circumstances or that any investment or strategy constitutes personalized investment advice to any investor. Therefore, you must verify the above and all other information provided in the document or otherwise review it with your external advisors. Some investment products and services, including custody, may be subject to legal restrictions or may not be available worldwide on an unrestricted basis. The information and analysis contained herein are based on sources considered as reliable. Sygnum Group uses its best efforts to ensure the timeliness, accuracy, and comprehensiveness of the information contained in this document. Nevertheless, all information indicated herein may change without notice.

bottom of page