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Institutional Investors Flock to Bitcoin Pushing Inflows Past $1 Billion in 2023
14.11.2023
Source: Adobe / Alex Total inflows into traditional investment funds backed by crypto have finally passed the $1 billion mark for the year, after last week saw investors flocking to Bitcoin. For the week as a whole, crypto investment funds recorded inflows of $293 million, bringing the year-to-date...
Bitcoin institutional inflows top $1B in 2023 amid BTC supply squeeze
13.11.2023
Bitcoin and altcoins are beneficiaries of major inflows this year, while the question of a BTC supply squeeze remains
CME Bitcoin Futures Open Interest Climbs Past Binance, Indicating Growing Institutional Demand
10.11.2023
The open interest for bitcoin futures on the CME Group has outstripped that of Binance’s futures market, with the former reaching an open interest of $4.06 billion and the latter at $3.87 billion, as bitcoin’s value climbs to new peaks. CME Leads Bitcoin Futures Rally as Open Interest...
JPMorgan Launches Live Programmable Payments With JPM Coin, Siemens, FedEx Become Early Adopters
10.11.2023
JPMorgan Logo / Source: Adobe Banking firm JPMorgan has rolled out a programmable payment feature for institutional users of its blockchain-powered payment system, JPM coin. *JPMORGAN LAUNCHES PROGRAMMABLE PAYMENTS IN NEW BLOCKCHAIN PUSH — zerohedge (@zerohedge) November 10, 2023...
JPMorgan rolls out programmable payments for institutional blockchain platform JPM Coin
10.11.2023
JPMorgan’s blockchain platform JPM Coin has introduced programmable payment functionality for its institutional users
Bitcoin ETFs will drive institutional adoption in 2024 - Galaxy Digital’s Mike Novogratz
10.11.2023
Galaxy Digital founder and CEO Mike Novogratz says approving a Bitcoin spot ETF is not “a matter of if but when,” which will drive institutional investment in the sector
CME tops Bitcoin futures OI as 'real facts' drive institutional uptake
10.11.2023
Bitcoin is in line to benefit from a tsunami of institutional capital, says Dan Tapiero, while Ethereum is also due an ETF boost
CME Ousts Binance as Largest Bitcoin Futures Exchange, Indicating Growing Demand From Institutional Traders
10.11.2023
Source: Adobe/fotofabrika The regulated derivatives marketplace Chicago Mercantile Exchange (CME) has dethroned Binance as the largest Bitcoin ( BTC) futures exchange. The shift marks the first time in two years that CME has claimed the top spot, indicating a surge in demand from institutional...
HSBC Announces Plans to Offer Digital Assets Custody Services for Institutions
10.11.2023
HSBC, the London-based financial institution, announced its plans to launch an institution-focused digital assets custody service in 2024. Zhu Kuang Lee, chief digital, data and innovation officer at HSBC, explained that the bank had experienced an increasing demand for these services from asset...
Frankfurt Stock Exchange to Look Into Digital Platforms for Expansion of Asset Classes
9.11.2023
The Frankfurt Stock Exchange has listed the creation of a digital asset platform making development areas of its “Horizon 2026” strategy. In a recent press release, Deutsche Borse, owner of the Frankfurt Stock Exchange gave an insight into its plans for growth, investment, and onboarding...
Bitcoin Jumps Nearly 4% as US SEC Opens Talks With Grayscale Over Spot ETF Conversion
9.11.2023
Source: Pexels The leading cryptocurrency, Bitcoin, is racing towards $37,000 as it has surged nearly 4% in the last 24 hours Bitcoin has been pumping recently based on the speculation around spot Bitcoin ETF conversion that will bring major institutional funds to invest in the largest...
Deloitte & Paxos Share Insights on Stablecoins and Financial Innovation – Here’s What You Need to Know
8.11.2023
Deloitte. Source: Adobe / Tobias Arhelger Banks and large institutional players are looking for avenues into the stablecoin industry following PayPal’s latest crypto foray, according to Deloitte Principal and Partner Richard Rosenthal. In conversation with Paxos Head of Strategy Walter Hessert,...
HSBC Announces Plans to Launch Digital Asset Custody Service in Partnership with Metaco
8.11.2023
Source: AdobeStock / BGStock72 HSBC Holdings aims to introduce a custody service for digital assets, catering to institutional clients seeking exposure to tokenized securities. The global bank will offer the new service in collaboration with Metaco, a technology firm owned by Ripple Labs, according...
Grayscale Chainlink Trust Zooms to 200% Premium, Indicating Institutional Demand for LINK
8.11.2023
The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product
German Banking Giant DZ Bank Launches Crypto Custody Platform
8.11.2023
One of the largest banks in Germany by total assets, DZ Bank, has launched a crypto custody platform. Additionally, the bank disclosed that alongside its solution for institutional customers, it is working on “an offer that allows private customers to invest directly...
Bitcoin supply held by long-term holders hits all-time high — Research
7.11.2023
Bitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data
Why Institutional Allocation to Crypto Is on the Rise
7.11.2023
Financial insitutions have been slow to get into digital asset markets. But, as regulatory clarity improves, that’s about to change, says Erik Anderson, Global X’s Senior Digital Assets Research Analyst
Fiat on-ramps, banking partners crucial for institutional Web3 adoption - European Blockchain Convention
7.11.2023
Prominent fiat payment rail services and neobanking platforms are becoming a catalyst to address institutional mistrust in the cryptocurrency sector
Fiat on-ramps, banking partners crucial for institutional Web3 adoption - European Blockchain Convention
7.11.2023
Prominent fiat payment rail services and neobanking platforms are becoming a catalyst to address institutional mistrust in the cryptocurrency sector
Germany’s Third-Largest Bank Unveils Blockchain-Based Digital Custody Platform for Institutional Investors
6.11.2023
DZ Bank, one of Germany’s leading financial institutions with assets totaling 300 billion euros, has launched its own blockchain-powered custody platform. According to an announcement by the bank, the platform is specifically designed to cater to institutional clients, enabling them to engage...