Tag: investments

Dec 07 2021

Grayscale: 77% of US investors are ‘more likely’ to tap into crypto if SEC approves Bitcoin ETF

Dec 07 2021 Published at CryptoSlate under tags  adoption btcusd investments regulation

While more than a quarter of American retail investors already have Bitcoin (BTC) in their portfolios, this number would likely be much higher if the U.S. Securities and Exchange Commission (SEC) approves a spot-based Bitcoin exchange-traded fund (ETF), according to Grayscale Investments. Per the third annual...

Dec 04 2021

BNB bulls rejoice as Binance Smart Chain activates automatic burning mechanism

Dec 04 2021 Published at CryptoSlate under tags  analysis bep-95 bnb eip 1559 ethereum

Binance Smart Chain (BSC) has finally activated its BEP-95 upgrade which would lead to the phase out of the old manual burning method to an automatic burning mechanism. Though the burning mechanism shares a few similar features with that of Ethereum’s EIP-1559, there are quite a number of differences in both burning methods. Binance’s BEP-95 is live...

Dec 02 2021

Not waiting around for the SEC, Fidelity will launch a spot Bitcoin ETF in Canada

Dec 02 2021 Published at CryptoSlate under tags  btc investments regulation

Fidelity Investments will be launching its spot Bitcoin ETF in Canada this week, according to Eric Balchunas, Senior ETF Analysts at Bloomberg, who broke the news on Twitter. While the US Securities and Exchange Commission (SEC) fends off similar products, the Boston-based multinational...

Crypto whitehat security firm CertiK bags $1 billion valuation after Sequoia raise

Dec 02 2021 Published at CryptoSlate under tags  investments

CertiK today announced the completion of an $80 million Series B2 financing round. This investment is led by Sequoia, with participation from existing investors including Tiger Global, Coatue Management, and GL Ventures (Hillhouse Capital’s VC arm). This not only...

Dec 01 2021

Grayscale launches Solana (SOL) trust after 11,000% rally in past year

Dec 01 2021 Published at CryptoSlate under tags  altcoins btc eth fil investments

The world’s largest digital currency asset manager, Grayscale Investments, recently announced the launch of its sixteenth investment product that will be tracking the...

Nov 30 2021

Despite missed prediction, ‘Plan B’ sticks to Bitcoin target of $100,000

Nov 30 2021 Published at CryptoSlate under tags  analysis bitcoin btc investments plan b

If the accuracy of the crypto market movement predictions are something you have ever wanted, then the infamous pseudonymous Bitcoin analyst Plan B should come to mind going by his recent predictions in which three out of four met the target. Plan B’s Bitcoin price prediction Four months ago, Plan B, using his stock-to-flow...

Retail piles into Shiba Inu while institutions remain unfazed by market volatility

Nov 30 2021 Published at CryptoSlate under tags  ada btc doge dot eth

While Bitcoin and Ethereum prices successfully held their rebound from last week’s sell-off, Shiba Inu surged following Kraken listing. Crypto investment products recorded inflows totaling $306 million last week, as Bitcoin saw the largest inflows in five weeks, the latest report from CoinShares revealed. However,...

Wintermute launches $20 million fund to support Polygon development

Wintermute, a leading digital asset market maker, announced today that it has launched a $20 million fund to bootstrap dApp development on Polygon. In a press release shared with CryptoSlate, the company said that the fund is part of Wintermute's newly established strategic partnership with Polygon. Wintermute to pour millions into Polygon, starting with Router Protocol...

Nov 29 2021

Report: Bitcoin (BTC) investment products declined in November

Nov 29 2021 Published at CryptoSlate under tags  btcusd investments

In its latest Digital Asset Management Review, CryptoCompare has reported that in November, alternative crypto-asset investment products, such as Ethereum, Litecoin and Solana have outshined those of...

MicroStrategy announces purchase of 7002 more Bitcoin (BTC) for $414.4 million

Nov 29 2021 Published at CryptoSlate under tags  btcusd investments price watch

MicroStrategy announced earlier today that it has purchased an additional 7,002 Bitcoin (BTC). The latest purchase makes Michael Saylor's company the largest known BTC holder among non-crypto companies. More bitcoins for Michael Saylor One of the largest...

Nov 27 2021

Crypto investment firm DFG contributes 200,000 DOT to Efinity’s crowdloan on Polkadot

Nov 27 2021 Published at CryptoSlate under tags  defi dfg investments nfts parachains

Digital Finance Group (DFG), a global crypto investment firm, has allocated 200,000 DOT to Efinity's crowdloan. The allocation, worth over $7 million at press time, is the second time DFG invested in a project competing for a Polkadot parachain—earlier this month, the company...

Nov 25 2021

Morgan Stanley just bought the Bitcoin (BTC) dip through Grayscale shares

Institutional investors’ interest in Bitcoin has refused to wane despite the continued price volatility of the flagship digital asset which has seen the asset rise to over $68,000 then drop to around $57,000 presently within the space of the last 30 days. An example of one such investor is a leading investment bank in the United States, Morgan Stanley, who recently increased its...

Nov 24 2021

Binance eyes “sovereign wealth funds” to battle regulatory troubles

The largest cryptocurrency exchange by trading volume, Binance, is planning to get funding from some global sovereign wealth funds for equity financing in its bid to improve its relationships with regulators around the world. Binance seeks funding from sovereign wealth funds In...

Nov 23 2021

Institutional investors purchased $43 million worth of Solana (SOL) last week

Nov 23 2021 Published at CryptoSlate under tags  bitcoin btc eth ethereum investments

Despite the huge correction facing the entire crypto industry in recent days, institutional investors have maintained their bullish sentiment towards the space. According to available data from CoinShares, product funds dedicated towards the two largest crypto assets by market cap, Bitcoin and Ethereum continue to grow, with interest...

Crypto payments giant MoonPay raises $555 million in Series A funding

Nov 23 2021 Published at CryptoSlate under tags  investments

Leading crypto payments infrastructure provider, MoonPay has closed Series A funding with a whopping $555 million record investment. This brings the company's valuation to $3.4 billion. With a customer base of over 7 million users, MoonPay is certainly heading to the moon. The investment round was led by Tiger Global Management and Coatue with participation from Blossom Capital, Thrive Capital, Paradigm,...

Nov 17 2021

Data finds institutional investors are choosing Cardano and Ethereum over Bitcoin

Nov 17 2021 Published at CryptoSlate under tags  adausd ethusd investments

CoinShares data brought forth an interesting highlight that discusses investors' renewed interest in altcoins such as Cardano and Ethereum. It mentions that the inflows towards Cardano have recorded a notable surge this week, nearly equaling the influx of Ethereum and bringing the total year-to- date amount to $108 million...

Valkyrie announces $100 million DeFi fund across blockchains like Avalanche and Solana

Nov 17 2021 Published at CryptoSlate under tags  defi investments

Valkyrie Investments has announced a $100 million DeFi fund designed to cater to institutional investors and offer them exposure to the growing industry of decentralized finance - or ‘DeFi’ in crypto circles. The "On-Chain DeFi fund" goes live on November 22 and would invest in about a dozen protocols spread across thirteen blockchains. The fund will be available for accredited investors in the...

Nov 13 2021

South African Crypto Investors Worry Over Status of Funds, Still Can’t Withdraw As Promised By F2F SA

Having invested in the Fight to Fame (F2F token) and reportedly being unable to withdraw their funds as promised, a group of South African crypto investors have now raised concerns about the fate of their investments. Over 2,000 South African Applicants Reportedly Put In For The Token Sale According to an IOL report, the token The post South African Crypto Investors Worry Over...

Nov 12 2021

Polygon contributes $500,000 in MATIC to Ethereum prediction dApp SportX

Nov 12 2021 Published at CryptoSlate under tags  altcoins investments maticusd technology

Polygon, an Ethereum scaling platform onboarding millions to the Web3, today announces it has contributed $500,000 to incentivize further volume building on SportX, part of the SX Network and the largest prediction market dapp by betting volume across all chains. Polygon is a fast-growing blockchain with high speed and low gas infrastructure. DeFi bluechip Dapps including Sushiswap, Curve, Aave, Balancer, Kyber all...

Nov 11 2021

Proshares Bitcoin rises to the top 2% of all ETFs in terms of volume

Nov 11 2021 Published at CryptoSlate under tags  investments price watch trading

Bloomberg's senior ETF analyst Eric Balchunas took to Twitter to draw statistics concerning the ETF market, stating that the new Proshares Bitcoin ETF had traded $400 million worth of shares yesterday alone. $BITO and...

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