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Asset Manager Values Bitcoin at $500K, Expects BTC to Be Worth More Than Gold, Sees Massive Institutional Interest
3.2.2021
One River Asset Management’s CEO says his firm now holds bitcoin worth “well over” $1 billion. He revealed that the institutional interest in bitcoin is “astounding,” noting that almost all major institutions in the U.S. are having discussions about the cryptocurrency....
CEX.IO LOAN Experiences Massive Institutional Demand With Over $100 Million of Loan Requests
1.2.2021
PRESS RELEASE. Crypto-backed lending service CEX.IO LOAN that launched in October 2020 in select global jurisdictions, has been experiencing major demand, receiving over $100 million worth of loan requests to date. While the service has been widely popular among retail investors, most of...
Fidelity Optimistic About Bitcoin Regulation Under Biden Administration — Sees Strong Institutional Demand
31.1.2021
Fidelity Digital Assets President Tom Jessop has shared his view on the future of bitcoin and cryptocurrency regulation under the Biden administration. He confirms that Fidelity is seeing strong demand for bitcoin from institutional buyers. Fidelity Digital Assets’ Head Optimistic About...
More Institutional Investors Are Buying Ether, Seeing It as a Store of Value
25.1.2021
The ether rally appears to be more organic and driven from within the crypto industry
Bank of Singapore Says Cryptocurrencies “Could Replace Gold as a Store of Value” but Unlikely to Displace Fiat Currencies
25.1.2021
A new research note released by the Bank of Singapore (BOS) suggests that cryptocurrencies are more likely to replace gold as a store of value. However, the note says it is unlikely that such digital currencies can replace fiat currencies even as their appeal grows. Inefficient Unit of Exchange...
Institutions Keep Buying Bitcoin’s Dip, Despite Near-term Volatility: Data
22.1.2021
Institutions and "whales" have continued their bitcoin purchases, on-chain data shows
eToro Survey Finds Pensions and Endowments Are Finally Waking Up to Crypto
21.1.2021
The exchange quizzed 25 institutional players about crypto investing, including a couple of pension funds
World’s Largest Asset Manager Blackrock to Invest in Bitcoin Futures
21.1.2021
Blackrock, the world’s largest asset manager with $7.81 trillion under management, is getting into bitcoin. The firm has filed with the U.S. Securities and Exchange Commission (SEC) for two of its funds to invest in bitcoin futures. Blackrock Gets Into Bitcoin Blackrock filed...
Former US Treasury Secretary Larry Summers Says Bitcoin ‘Is Here to Stay’
21.1.2021
Former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience. In his latest comments about bitcoin, Summers,...
Multibillion Dollar Fund Manager Ruffer Sees Long Trend of Institutional Bitcoin Adoption
21.1.2021
British investment management firm Ruffer has revealed that its bitcoin holdings now account for about 3% of its entire portfolio of approximately $29 billion. The firm believes that we are “at the foothills of a long trend of institutional adoption and financialization of bitcoin.”...
Some institutional investors taking profit as Bitcoin retraces
21.1.2021
CoinShares has noted significant outflows from institutional products this past week, signaling some institutions have been realizing profits amid BTC’s recent pull-back
Grayscale’s Michael Sonnenshein Says Institutional Investors ‘Looking for Broad Exposure’ as Company Raises $700 Million in One Day
18.1.2021
Grayscale CEO Michael Sonnenshein says institutional investors are also exhibiting a growing interest in diversifying their investments by choosing other crypto assets besides bitcoin. Sonnenshein, who was recently appointed to the CEO position, made the comments just before the revelation that...
Institutional investors won't take Bitcoin mainstream — You will
17.1.2021
Real-world applications and users, not institutional investors, will challenge the failing fiat currencies and increase Bitcoin adoption around the world
Here’s how institutional investors ignited Bitcoin’s rally to $40,000
15.1.2021
Experts weigh in on the main events from 2020 that impacted Bitcoin’s price the most
Nigerian Youth Propels the Country to the Top of Google Bitcoin Search Rankings
15.1.2021
Nigeria, one of the biggest cryptocurrency markets in the world, recently emerged as the country with the highest number of bitcoin searches globally, according to Google Trends data. The data shows that the West African country has a search score of 100, which is more than double that of...
Did Grayscale push Bitcoin back up to the $40K mark?
15.1.2021
Some stats indicate Bitcoin’s current rally could be more reliant on institutional investors than ever before
Oaktree Capital Chairman Warms up to Crypto — Thankful His Son Owns Enough Bitcoin for the Family
15.1.2021
Oaktree Capital co-founder Howard Marks is warming up to cryptocurrency. Once a crypto skeptic, he now says “thankfully” his son is “quite positive on bitcoin” and “owns a meaningful amount for our family.” Howard Marks Warming up to Crypto Howard Marks...
Goldman Sachs Sees Bitcoin Market Becoming More Mature
14.1.2021
Goldman Sachs’ global head of commodities research sees the bitcoin market becoming more mature. “The key to creating some type of stability in the market is to see an increase in the participation of institutional investors,” he detailed. Meanwhile, the price of...
Bitcoin’s Active Addresses, Trading Volumes Now at All-Time Highs
11.1.2021
Bitcoin's active addresses and trading volumes broke their previous all-time high set in late 2017
Bitcoin Erases Most of New Year’s Gains Amid Short-Term Profit Taking
11.1.2021
Monday's plunge has erased almost all the gains the leaving cryptocurrency had achieved in the new year