Tag: investments

Jan 22 2021

Did Chainlink (LINK) just get on Grayscale Investments’ offering list?

Jan 22 2021 Published at CryptoSlate under tags  adoption investments linkusd

A mysterious company popped up in the US state of Delaware. But is Grayscale behind that? LINKies unite Someone set up a Chainlink (LINK) product under the guise of a Grayscale Investments offering last month, documents from company...

Jan 18 2021

Former Canadian PM says Bitcoin can be one of the world’s reserve currencies

Jan 18 2021 Published at CryptoSlate under tags  adoption btcusd investments

Stephen Harper sees Bitcoin alongside gold and the US dollar as a viable global reserve asset. Bitcoin to the moon Bitcoin proponents must be so excited after a blockbuster year. The asset saw widespread adoption by investment...

Jan 16 2021

On-chain data shows millionaires are flocking to Bitcoin…and there isn’t enough for all

Jan 16 2021 Published at CryptoSlate under tags  adoption btcusd investments

Demand for Bitcoin increased multifold in 2020. And on-chain data shows the asset’s limited supply may be causing a rush. The Bitcoin FOMO train Bitcoin, the world’s largest cryptocurrency, saw a push in demand last year amidst a bleak economic outlook, concerns of dollar inflation, weakened fiat currencies,...

Jan 06 2021

Bitcoin Investment Make Sense in Current Economic Climate: Former Fed Governor

Jan 06 2021 Published at CoinDesk under tags  federal reserve gold investments news

"I guess if you are under 40 bitcoin is your new gold," Warsh said.

Jan 05 2021

This American institutional fund just set a $535,000 price target for Bitcoin

Jan 05 2021 Published at CryptoSlate under tags  adoption btcusd investments

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...

Dec 28 2020

BlackRock is Looking For a Blockchain Lead

BlackRock, the largest investment management company in the world is looking for a Blockchain Lead that would work on the investments division located in New York. The firm […]

Dec 21 2020

Crypto Wall Street: Goldman Sachs to underwrite Coinbase IPO while JPMorgan says Bitcoin “overbrought”

Dec 21 2020 Published at CryptoSlate under tags  adoption btcusd investments

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...

Sun is Shining on DefHold – Major Products being Released

In addition to serving as a means of exchange, cryptocurrencies are becoming a hot investment asset. Since their first market launch in 2009 in the form of Bitcoin, their market caps have been surging. As of 18th December 2020, the total market cap is at $637 billion according to CoinMarketCap, with an 18% growth in […] The post Sun is Shining on...

Dec 17 2020

Bitcoin is now at $23,000, but legacy funds are calling a move to $400k

Dec 17 2020 Published at CryptoSlate under tags  adoption btcusd investments price watch

Pioneer cryptocurrency Bitcoin did one for the record books today after it crossed the $22,000 mark for the first time in its 12-year history. The milestone came mere hours after the asset reached an all-time high of $20,000, bumped immediately afterward to $21,000, and then marched on to $22,000....

Dec 14 2020

JPMorgan calls Bitcoin institutional purchases a “milestone”

Dec 14 2020 Published at CryptoSlate under tags  adoption btcusd investments

The multibillion US bank has made snide comments about Bitcoin in the past, but its tone is changing. JPMorgan: MassMutual purchase a “milestone” In a recent report to clients last week, JPMorgan analysts...

Dec 08 2020

Bitcoin funds see “record” $429m inflows in last week

Dec 08 2020 Published at CryptoSlate under tags  adoption btcusd investments

Bitcoin funds focused on the digital asset and other large-cap cryptocurrencies are seeing record inflows this year amidst rising inflation concerns and a bleak macroeconomic outlook. As per a report by international news outlet...

Dec 02 2020

How much is Square up from its Bitcoin investment?

Dec 02 2020 Published at CryptoSlate under tags  adoption btcusd investments

After more than a decade since its inception in late-2008, Bitcoin has seen a massive rise from being an obscure internet currency used by drug dealers and shut-ins to a formidable asset class that attracts billions of dollars in trading volume each day. 2020 has also emerged as a historic year for Bitcoin. It has gone from a retail trading tool to an...

Dec 01 2020

How this new VC brings on-chain fund management to the YFLink ecosystem

Dec 01 2020 Published at CryptoSlate under tags  defi investments linkusd

Decentralized Autonomous Organizations (DAOs) can present a new paradigm for various old-world ideologies (except for ones that involve iced teas). Popular examples include the managing and rejigging of supply chain models, borderless identity processing, management of credit and lending, and even collateralizing principal amounts and debts for additional usage....

Nov 20 2020

Softbank CEO sold Bitcoin at a $130m loss after getting “too distracted”

Nov 20 2020 Published at CryptoSlate under tags  btcusd investments price watch

Masayoshi Son’s not having the greatest of years in recent times. His storied $50 billion venture fund saw massive losses in 2019, with budding startups WeWork and Uber seeing devaluations of billions of dollars on their mark up prices. But Son’s personal investments didn’t do so well...

Nov 18 2020

Bitcoin ETP volumes surge as institutions jump into the BTC bull run

Nov 18 2020 Published at CryptoSlate under tags  adoption btcusd investments price watch

Institutional Bitcoin products are booming as the pioneer cryptocurrency sees bullish price action. A report shared with CryptoSlate from crypto research firm CryptoCompare found that the aggregate volumes for popular Exchange- traded Products (ETPs) surged 53% this year with several products demonstrating “above-market”...

Nov 16 2020

Why a Citibank analyst is calling a $318k target for Bitcoin

Nov 16 2020 Published at CryptoSlate under tags  adoption btcusd investments price watch

The banks are borderline following the playbook created by Bitcoin and cryptocurrency believers in the past few years: Deny all ties to the asset class at first, try to disallow clients from banking crypto profits to their accounts then, and wholeheartedly embracing the sector later....

Grayscale’s Crypto Assets Under Management Reach $9.8 Million

Grayscale one of the leading digital asset management firms informed that their assets under management reached $9.8 billion. This leaves the company just $200 million away from their […]

Nov 03 2020

Crypto HFT Alameda Research invests $3M in asset management app 3Commas

Nov 03 2020 Published at CryptoSlate under tags  investments trading

Popular crypto asset management app 3Commas announced its successful raise of $3 million in a Series A financing round led by Alameda Research, as per a release shared with CryptoSlate. What is 3Commas? 3Commas is a non-custodial Order Management System (OMS) and crypto-asset management platform that offers a unified...

Oct 29 2020

U.S. megafund Fidelity targets Asian family offices wanting Bitcoin

Oct 29 2020 Published at CryptoSlate under tags  btcusd investments price watch

US-based Fidelity Investments, a trillion-dollar fund manager with a deep interest in the cryptocurrency market, is targeting rich Asian investors by way of a new partnership with a fund in Singapore, financial publication Bloomberg reported Thursday. Asian family offices are FOMOing into crypto Stack, the...

Oct 20 2020

Bitcoin ETP volumes grew in October amidst institutional demand

Oct 20 2020 Published at CryptoSlate under tags  adoption investments price watch

Crypto exchange-traded products (ETP), institutional offerings that track the price of crypto assets like Bitcoin and Ethereum, saw their volumes increase by over 2.2% this month, as per a report by CryptoCompare. The data comes as institutional Bitcoin adoption was bolstered...

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