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Blockchain.com raises $300M in crypto industry's third-largest capital raise
24.3.2021
The investment round was led by DST Global, Lightspeed Venture Partners and VY Capital and gave Blockchain.com a $5.2 billion valuation
Most asset managers still in ‘education mode’ on crypto, says Fidelity
24.3.2021
Michael Derbin, head of Fidelity Institutional, says that while some wealth managers are by now “sophisticated” and “comfortable” with crypto, many others are still playing catch up
Institutional managers hold a record $57B worth of crypto, according to CoinShares
23.3.2021
Inflows into Grayscale products continue to surge, according to CoinShares data. Bitcoin remains the preferred asset for institutional investors
Forex and crypto investors seek thrills and social status, says FCA study
23.3.2021
A new study commissioned by the United Kingdom's Financial Conduct Authority found that the profile of cryptocurrency traders skews towards thrill-seeking, trading on gut “instinct.”
Amid ban rumors, billionaire Nandan Nilekani says crypto can help Indians
23.3.2021
Co-founder of major Indian tech company Infosys Nandan Nilekani has urged the government to help MSMEs access capital using Bitcoin
Bridgewater’s Ray Dalio Warns Government Could Restrict Bitcoin Investments, Impose ‘Shocking’ Taxes
21.3.2021
The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has warned that the government could “impose prohibitions against capital movements” into assets such as bitcoin. He added that regulators may also impose changes in taxes that...
Citi Executive Says Bitcoin Will Do Well But Sees Better Investments in ‘Giant Unstoppable Trends’
20.3.2021
Citibank’s David Bailin believes that bitcoin will do well because of the level of interest from investors. While stating that the cryptocurrency can be part of a portfolio, the executive sees better investment opportunities than bitcoin in “giant unstoppable trends.” Bitcoin...
UK Watchdog Bans Bitcoin Advert for ‘Irresponsibly’ Promoting Investments in the Crypto Asset
19.3.2021
The United Kingdom’s Advertising Standards Authority (ASA) has banned Coinfloor’s bitcoin advert for “irresponsibly” promoting investments in the crypto asset. The watchdog claimed the crypto exchange’s marketing campaign had targeted pensioners who were...
Bitcoin is now ‘too important to ignore’, Deutsche Bank says
19.3.2021
Global banking giant Deutsche Bank expects governments to start regulating Bitcoin by the end of 2021
Fireblocks crypto startup raises $133M in funding round with BNY Mellon
18.3.2021
BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry
Bitcoin worth the risk for stimulus check recipients despite pressing needs: poll
18.3.2021
The next round of stimulus check recipients will prioritize basic needs, but a sizable portion still intends to either save or invest
Bank of America analyst slams Bitcoin : Buying 1 BTC is ‘like owning 60 cars’
18.3.2021
It looks like 2017 called and wants its Bitcoin condemnation back, with a Bank of America analyst reheating some long standing criticisms of BTC for its clients
Grayscale Launches 5 New Crypto Investment Products as Investor Demand for Cryptocurrencies Soars
17.3.2021
Grayscale Investments has launched five new cryptocurrency investment products, which are now available for subscription by eligible individual and institutional accredited investors. The company now offers a total of 14 crypto investment products. The new products are the Basic Attention Token...
Crypto exchange Kraken says it is 'too big' to go public through a SPAC
17.3.2021
A spokesperson recently said "$10 billion would be a low valuation" for Kraken
EU securities regulator warns about risks of ‘non-regulated’ cryptos
17.3.2021
The ESMA analyzed the impact of COVID-19 on financial markets, highlighting the supposed risks linked with crypto investment
European crypto company Bitpanda raises $170M
16.3.2021
The funding round was led by Valar Ventures and partners from DST Global
Survey says Americans could spend up to $40B from stimulus on Bitcoin
15.3.2021
More than 60% of respondents said they would choose to invest their $1,400 checks in Bitcoin over stocks
Not just for gamers and fanboys: Why investors should take NFTs seriously
15.3.2021
Some people are making a mint out of NFTs, and almost everyone can try their luck and experience the emerging niche
Peter Schiff Claims Grayscale Will Sell BTC to Fund DCG’s Acquisition of GBTC Shares Rebuffed
12.3.2021
Gold bug and bitcoin opponent, Peter Schiff has alleged that the Digital Currency Group (DCG)’s plan to acquire GBTC shares worth $250 million could be an indication that Grayscale Investment will be reducing the value of its AUM. In addition, Schiff claims in his tweet that “Grayscale...
Alameda Research invests $20M in Reef Finance
12.3.2021
The investment will reportedly allow Reef to implement more cross-chain integrations with Serum and Raydium on Solana