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Spanish Banks Interested in Offering Crypto Assets to Their Customers


Spanish banks are preparing for the possibility of offering crypto assets directly to their customers. According to new regulations, the Bank of Spain must formulate a list of virtual asset service providers and custody companies. However, these institutions are still not sure if they must apply...

$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says


Pimco, an asset manager with $2.2 trillion under management, is looking to start trading cryptocurrencies. “We’re trading from a relative value perspective,” the firm’s chief investment officer said. Pimco’s clients include central banks, sovereign wealth funds...

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


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...

Cboe Acquiring Erisx to Enter Cryptocurrency Spot and Derivatives Markets


Cboe is acquiring Erisx to enter the crypto spot and derivatives markets. “With Erisx, in a single step, Cboe is able to enter the digital asset spot, data, derivatives, and clearing ecosystem. Now is the right time to fully embrace and help define this emerging asset class,” said...

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


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...

Brazilian Asset Manager Kinea Makes Exploratory Investment in Ethereum


One of the biggest asset managers in Brazil, Kinea, disclosed it made an exploratory investment in Ethereum. The announcement was made by Marco Aurélio Freire, manager of funds for Kinea, who stated the company had invested a small amount of its holdings in ethereum starting two months ago....

As Bitcoin’s Price Spikes Pods of BTC Whales Begin to Shrink in Size


Recent metrics from a variety of analytical web portals show that the quantity of bitcoin whales has been shrinking in recent times. The data indicates that the leading crypto asset has been distributed quite a bit since the price run-up started. Pods of Bitcoin Whales Shrink — Addresses...

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