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Bitwise Initiates Polygon (MATIC) Fund for Scaling Ethereum

21.10.2021
Bitwise Asset Management, the world’s biggest index fund supervisor for cryptocurrencies, has made headlines with the commencement of the Bitwise Polygon (MATIC) fund. The company currently holds over 1.5 billion dollars of assets under Management. Under this strategic initiative, venture...

Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge

21.10.2021
Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management...

Bitcoin Smashes Through All-Time High Surpassing $66,000 per Unit

20.10.2021
The spot price of bitcoin smashed through the leading crypto asset’s all-time high (ATH) surpassing $66,000 per unit after the first bitcoin exchange-traded fund (ETF) was launched in the United States. The last time bitcoin touched an ATH six months ago on April 14, 2021, the price tapped...

Gary Gensler Explains Why SEC Approves a Bitcoin Futures ETF

20.10.2021
SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF. Why SEC Approves Bitcoin Futures ETF As the first...

Chimeras Play-to-Earn Metaverse Completes Successful Funding Round

19.10.2021
PRESS RELEASE. Chimeras successfully raised over $2 million in its latest fundraising round, which will help to fund the play-to-earn project’s market and product development. October 18th, 2021 – The Chimeras Play-to-Earn metaverse project has completed its funding round with...

Grayscale Confirms Plan to Convert GBTC Into Bitcoin ETF

19.10.2021
Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin...

Mark Cuban Won’t Invest in Bitcoin ETF, Prefers to Buy BTC Directly

17.10.2021
The owner of the NBA team Dallas Mavericks, Mark Cuban, has said “no” to investing in bitcoin-based exchange-traded funds (ETFs), one of which could start trading next week in the U.S. The Shark Tank star does not see a reason for him to invest in a bitcoin ETF, emphasizing that...

Hyperithm to Launch Digital Asset Fund for Rich Clients

15.10.2021
A Tokyo-based startup named Hyperithm Co Limited is planning to launch a digital asset fund for its wealthy clients. The Coinbase-backed firm was established in 2018 with the intention to expand its clients’ cryptocurrency investments. Lloyd Lee, the CEO of Hyperithm, has expanded his clients’...

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