Category: Investments
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This American institutional fund just set a $535,000 price target for Bitcoin
The fund purchased $175 million worth of Bitcoin earlier this year and is on the “go loud, go long” bandwagon ever since. Enter institutional Bitcoin shilling SkyBridge Capital, a New York hedge fund founded in 2005, is a recent Bitcoin convert. The firm purchased over $175 million worth of the asset last month — a…
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Russia’s Central Bank tries to stem the tide of rubles leaving bank accounts
With the declared intent of reducing risk, the moves look to cut new investors off from opportunities to get out of the ruble.
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Bitwise AUM surpasses $500 million as institutions flock to crypto
The fund manager’s inflows suggest investors are seeking broad exposure to cryptocurrencies, including Bitcoin and Ethereum.
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Faulty data? Grayscale didn’t liquidate massive amounts of XRP and XLM
A Grayscale spokesperson confirmed to Cointelegraph that the fund manager didn’t dump massive stakes of XRP and XLM.
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BlackRock is looking to hire a blockchain VP with experience in crypto assets
The world’s largest asset manager is looking to fill the role of vice president, blockchain lead.
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BitGo assets hit $16 billion as institutional adoption grows
Digital assets under custody reached a new milestone this month, BitGo says.
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Bitwise dumps XRP investment amid SEC lawsuit against Ripple
The Bitwise 10 Crypto Index Fund has liquidated its XRP holdings.
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Korean crypto investment company launches $100 million fund for blockchain projects
South Korea’s Hashed has established a new fund to finance emerging blockchain startups
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Indian crypto exchange CoinDCX raises $14M in its third round in 2020
Including the millions it collected in previous rounds, the company has raised approximately $19.4M.
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Crypto Wall Street: Goldman Sachs to underwrite Coinbase IPO while JPMorgan says Bitcoin “overbought”
Wall Street is coming for crypto and how. The two US banks have previously contended against the growth of cryptocurrencies but have turned a bright eye for Bitcoin this year. Multiple reports over the weekend stated that while Goldman Sachs could underwrite Coinbase’s upcoming initial public offering, JPMorgan issued a client note stating that Bitcoin…