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Mike Novogratz’s Galaxy Digital to Launch Bitcoin Fund in Canada
18.11.2020
Galaxy Digital, the crypto investment management firm founded by bitcoin bull Mike Novogratz, has revealed plans to launch a bitcoin fund in Canada. In a statement published Nov. 16, Galaxy Digital said it has partnered with major Canadian fund manager CI Global Asset Management for the launch....
Galaxy Digital Gets Initial Approval for New Bitcoin Fund in Canada
17.11.2020
The CI Galaxy Bitcoin Fund has had a preliminary prospectus approved by Canadian securities regulators for an initial public offering
Mike Novogratz’s Galaxy Digital to launch new Bitcoin fund in Canada
17.11.2020
Galaxy Digital saw massive growth in its Bitcoin fund trading volumes in Q3 2020
Scaramucci’s Billion-Dollar Mega Hedge Fund Skybridge ‘May Hold Positions’ in Bitcoin
17.11.2020
In a filing registered with the U.S. Securities and Exchange Commission (SEC), the giant global investment firm Skybridge Capital explained that the fund Skybridge G II may invest in digital currencies like bitcoin. On November 13, the New York-based company with $7.7 billion assets under...
Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply
14.11.2020
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency...
IMCoin (IMC) Flies High
13.11.2020
PRESS RELEASE. IMCoin, known as the first Hybridcoin, closes a week with a record price increase in its history reaching a value of 1.83 USD per token. The IMC price is the result of the number of tokens sold divided by the balance of the audited reserve fund, which already has 417 days of history....
Fund execs offer $1M bets that Bitcoin's S2F model won't come true
12.11.2020
The S2F model predicts a Bitcoin price of up to $288,000 by 2022 but two fund execs are betting the model won't pan out
Billionaire Hedge Fund Investor Druckenmiller Says He Owns Bitcoin in CNBC Interview
9.11.2020
Druckenmiller becomes the latest billionaire investor to get in on the benchmark digital currency
Jointer.io Matches Binance & CZ’s $100 Million Challenge With Early Adopter Fund
9.11.2020
PRESS RELEASE. Changpeng Zhao (CZ) sent shockwaves across the crypto industry in September by announcing a $100 million investment fund devoted to projects building on the Binance Smart Chain (BSC). Now, Jointer.io, the world’s first commercial real estate-backed DeFi auction, is matching...
Every Major Bank Will Have Exposure to Bitcoin, Says Renowned Fund Manager Bill Miller
9.11.2020
Veteran investor Bill Miller says that all major banks, investment banks, and high net worth firms will eventually have some exposure to bitcoin or something like it. He said that bitcoin’s staying power is getting better every day. Bill Miller’s Bullish Statements About Bitcoin...
Crypto fund's unlikely strategy: Taking on Bitcoin and S&P 500 returns
7.11.2020
A crypto fund is buying up Bitcoin at a major discount in a high-risk, high-return game. What are the odds of outperforming BTC itself?
‘Bond King’ Jeffrey Gundlach: Stock Market Will Crack Pretty Hard, Bitcoin Good Inflation Hedge
6.11.2020
Doubleline Capital’s CEO, the billionaire “bond king” Jeffrey Gundlach, has predicted that the stock market is going to “crack pretty hard.” While he is bearish on the stock market and long-term bonds, Gundlach says bitcoin and gold are good for hedging against...
Bitcoin’s Market Cap Is More Valuable Than the IMF’s Special Drawing Rights Reserves
6.11.2020
At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen...
‘Dozens’ of Arrests as South Korean Police Swoop on Bogus Ethereum Fund
5.11.2020
South Korean police have closed the net on an alleged ethereum (ETH) scam operation named EtherWallet, making “dozens” of arrests nationwide in suspected USD 44.5 million fraud wrap. Some 3,000 victims have been identified, the police said.
The Seoul Metropolitan Police Agency has been formally...
Covid-19: IMF Urges More Stimulus Support For Non-Contact Intensive Businesses
4.11.2020
The International Monetary Fund (IMF) is encouraging countries to create money to mitigate the effects of lockdown restrictions on economies. Specifically, the international lender wants businesses and workers displaced by the pandemic related responses to get financial support as they adjust their...
$100 Million Accelerator Fund from Binance Now Supports PARSIQ, a Reverse-Oracle Blockchain Platform
3.11.2020
PRESS RELEASE. PARSIQ is a working platform that makes blockchain events consumable and blockchain data actionable. It allows users—both individuals, companies, enterprises—to monitor any events across different blockchains in real-time and at scale and connect those events to...
Fidelity Investments’ Digital Asset Custody Services Arm Expands to Asia
30.10.2020
Fidelity Digital Asset Services has revealed the company is expanding into Asia and plans to help high-net-worth investors and family offices in the region with custodial crypto products. Fidelity is working with the Singaporean startup Stack Funds, a fully-insured custody operation servicing...
Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank
29.10.2020
Iran has reportedly revised the country’s cryptocurrency regulation to require licensed bitcoin miners to sell their coins directly to the central bank for use to fund imports. Iran’s Revised Crypto Law The Iranian government has amended its cryptocurrency regulation to enable...
Cred officially confirms suspension of fund inflows and outflows
29.10.2020
A supposed Uphold user said that the first issues on CredEarn started on Oct. 15
Bitwise Hits USD 100m, SBI to Launch XRP, Bitcoin, and Ether Fund + More News
28.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Bitwise Asset Management, a provider of cryptoasset index funds to professional investors, said that it recently surpassed...