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Central Banks’ Renewed Gold Hunger Shows Need For A Hedge


A new survey suggested that central banks may be on the hunt for a hedge – a search that may lead some directly to digital gold, bitcoin (BTC), albeit via the central banking sector’s default asset of choice: gold. In a new report focusing on the status of gold reserves in central banks conducted...

Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion


Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH)...

Fidelity Investments’ Digital Asset Custody Services Arm Expands to Asia


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...

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