Tag: institutional adoption

Mar 08 2021

Chinese Beauty App Meitu Adds $22M Ethereum to Balance Sheet

Meitu announced a $40 million investment in Bitcoin and Ethereum, making the Chinese company the first to disclose an Ethereum investment for its treasury. Chinese App Meitu Invests In Crypto The board of the company had previously planned to invest up to $100 million in cryptocurrencies. The company's cash reserve will...

Mar 01 2021

Citi Says Bitcoin Could Become “Currency of Choice for International Trade”

Bitcoin could be the world's first choice currency for international trade, according to Citi analysts. Bitcoin as a "Global Trade Facilitator" Bitcoin is "at the tipping point of mainstream acceptance or a speculative implosion," according to a Citi report. ...

Feb 19 2021

wNews: What Bitcoin at $50,000 Means for the Market

Bitcoin hit $50,000 this week, nine weeks after crossing $20,000 for the first time. Institutional Adoption Picks Up Pace A wave of mainstream interest in Bitcoin has helped fuel its biggest run to date. According to JP Morgan analysts, speculative "retail impulse" could be the main driving force behind the run. That, they...

Jan 25 2021

Rothschild Investment Adds to Grayscale Bitcoin Holdings

The manager of $1.4 billion first bought bitcoin trust shares in 2017.

More Institutional Investors Are Buying Ether, Seeing It as a Store of Value

Jan 25 2021 Published at CoinDesk under tags  cme futures coinbase defi ether ethereum

The ether rally appears to be more organic and driven from within the crypto industry.

Jan 04 2021

SkyBridge’s Bitcoin Cache Rises to $310M

SkyBridge's bitcoin investment has already climbed to more than $300 million, mostly due to price appreciation in the past couple of months.

Jan 03 2021

Crypto Long & Short: Looking Back on a Monumental Year

Four crypto industry experts share their biggest insights from 2020 and what they mean for 2021.

Dec 03 2020

Bitcoin Undervalued Relative to Gold, Equities, Tudor Jones Says

The hedge fund manager has 1% to 2% of his multi billion-dollar portfolio in bitcoin.

Nov 29 2020

Editorial: Why the 2020 Bitcoin Bull Run Ain’t Over Yet?

Nov 29 2020 Published at Coingape under tags  bitcoin bitcoin adoption btc btcbrl btcbusd

Bitcoin experienced a $3,000 price crash as it was inching close to its 2017 price high, the price fell from $19,800 to below %16,500. Currently, bitcoin is consolidating around $17,000 and is expected to bounce back and go past its all time high. However, despite the price crash, the bitcoin community is quite bullish as The post Editorial: Why the 2020 Bitcoin Bull...

Nov 21 2020

Coinbase Has Raked in $14B in New Institutional Assets Since April

Coinbase is now measuring new capital coming in for bitcoin in the billions, according to the firm's head of institutional coverage.

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