Category: Investments

Grayscale prepares for DeFi future with new cryptocurrency trust filings

The world’s largest cryptocurrency asset management firm could be set to dip its toes into DeFi after filing five new coin trust registrations.

January 28, 2021
Bitcoin ETF unlikely until market cap reaches $2 trillion, fund manager says

A crypto manager said that the much-awaited Bitcoin ETF in the US would likely be delayed until the milestone is reached. Sorry, no Bitcoin ETF Bitcoin and cryptocurrency exchange-traded funds (ETFs) have been on the wishlist of crypto market participants for years now, especially among the retail and professional managers in the US. Such products…

January 27, 2021
What venture capitalists look for in crypto startups and entrepreneurs

Whilst investigating potential investments, I look at the team, its background, and skill set. I then determine whether all of that seems complimentary or not. In instances where that’s not easily visible and accessible, I look at the project’s stakeholders. As with anything else in life, if enough people support you–in your mission, vision, and…

January 27, 2021
FBI arrests 24-year-old crypto trader for commodities and wire fraud

The trader was both lying to investors and using an unregistered derivatives strategy on BitMEX.

January 26, 2021
Overstock spins its blockchain subsidiary into crypto investment fund

Overstock’s subsidiary, Medici Ventures, will cease providing all previous services pending a full conversion into a limited partnership fund.

January 26, 2021
Bitcoin made up 97% of total crypto inflows in 2021

Bitcoin trading volumes surged significantly this year, jumping from an average of $2 billion in 2020 to $12 billion.

January 26, 2021
Anthony Scaramucci says Bitcoin is “as safe as bonds and gold” after $310m bet

A New York-based fund manager who splashed big money into Bitcoin this month contested the bullish case for the asset in an opinion piece. Why Bitcoin for the future SkyBridge Capital co-founder Anthony Scaramucci spoke about the bullish case for Bitcoin in the coming years in an opinion piece published Sunday. He was joined by…

January 25, 2021
More institutional adoption as Marathon Patent Group purchases $150M in Bitcoin

CEO Merrick Okamoto said the crypto purchase would help make Marathon an appealing choice to investors seeking “exposure to this new asset class.”

January 25, 2021
Crypto Miner Marathon Patent Group Buys $150M in Bitcoin

The Nasdaq-listed mining company wants to become a “pure-play bitcoin investment option” for Wall Street.

January 25, 2021
Ethereum will become the main asset for investors in 2021

The potential of Ether greatly exceeds Bitcoin, and the community is beginning to understand the value of ETH.

January 24, 2021