Category: Investments
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Fidelity says “there is almost no relationship between the returns of Bitcoin and other assets”
The age-old debate is over. Maybe.
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Bitcoin price steady as $10B asset manager scoops up 10,000 BTC
Stone Ridge follows MicroStrategy in going big on BTC as a report puts the indirect cost of Coronavirus at $16 trillion.
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Pantera Capital’s First Venture Fund Did Pretty Well. Its Second Fund? Not So Much
Pantera Capital’s venture capital returns, which have fallen by almost threefold, are beating startup investors but lagging the stock market.
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Square allocates one percent of it’s total assets to Bitcoin
Square Inc. has announced today that it has purchased 4,709 BTC for approximately $50 million, allocating around 1 percent of its total assets as of Q2 2020 to Bitcoin. The payments company, founded by Twitter’s CEO Jack Dorsey, said that it intends to participate in growing Bitcoin’s adoption. CashApp’s parent company Square invests $50 million…
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Jack Dorsey’s Square adds 4,709 Bitcoin to its balance sheet
They went so far as to refer to cryptocurrency as “an instrument of economic empowerment.”
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Grammy-nominated record producer joins the Bitcoin club
Multi-platinum record producer buys Bitcoin, is welcomed into the club by Pomp.
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Pantera says they’re placing a heavier bet on DeFi than the rest of the market
Despite the recent slump, Pantera believes that most of the growth in the next bull cycle will be generated by DeFi.
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$1 Bitcoin investment beats gold and stocks despite 2020 gains
2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets.
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ETH 2.0 represents a material risk to Grayscale’s Ethereum Trust, says SEC filing
The uncertainties outlined in the document may offer significant insights for Grayscale’s investors.
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Bitcoin exchange reserves down $5B in 2020 hints at whale accumulation
Bitcoin exchange reserves dropped by $5 billion in the past year, showing signs of accumulation.