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XRP Jumps As Ripple Sees Stronger Demand From Institutions
4.8.2020
Source: Adobe/Тихон Купревич
After a decline in its sales of XRP tokens in the first quarter of the year, the California-based fintech firm Ripple sold more in the second quarter thanks to demand from institutional buyers.
Ripple’s total XRP sales ended at USD 32.55m for the second quarter, versus...
Electric Capital’s New $110M VC Fund Is 90% Institutions
3.8.2020
Crypto VC firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital
Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
31.7.2020
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end...
Mainstream Institutions No Longer Have Regulatory Reasons to Fear Crypto
24.7.2020
Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity
BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic
24.7.2020
While many institutions struggled to recover from the market downturn experienced in March, publicly traded, blockchain focused firm BTCS Inc. (OTCQB: BTCS) has increased its portfolio by 285% in Q2 2020, through well timed investments in both Bitcoin (BTC) and Ethereum (ETH), and crossed the...
Crypto Custodian Curv Is Helping Institutions Dabble in DeFi With Compound Integration
16.7.2020
Custody startup Curv is using Compound, the leading lending protocol in DeFi, to help institutions earn interest on idle crypto
Grayscale Says Institutions Invested Record $900M in Crypto Products in Q2
15.7.2020
Two consecutive record quarters for Grayscale mean cumulative capital inflows have doubled in the past six months to $2.6 billion
Institutions Will Drive Mass Adoption of Blockchain in Finance, Says Expert
8.7.2020
Blockchain experts discuss how institutions will play a major role in the mass adoption of blockchain-based financial infrastructure
Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions
7.7.2020
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happened within a week as people lost faith in financial institutions amid...
Record Bitcoin Options Market Volume Shows Institutions Keen on Crypto
7.7.2020
Record surges in regulated Bitcoin options market volume signals increasing interest and participation from institutional investors
Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in China
1.7.2020
The gold industry has been shaken after it was discovered that 83 tons of fake gold bars have been used as collateral for loans worth 20 billion yuan from 14 financial institutions to a major gold jewelry manufacturer in Wuhan, China. This amount of gold “would be equivalent to 22%...
SIA and Quant Network Successfully Test Blockchain Interoperability
28.6.2020
European payments platform SIA partners with Quant Network to establish blockchain interoperability solutions for financial institutions
Messari: 1% Allocation From Institutions Could Drive BTC to $50,000
24.6.2020
Crypto research firm Messari has estimated that Bitcoin could trade for $50,000 each if institutions allocate a low-single-digit portfolio percentage to BTC
Binance’s New UK Exchange to Provide Institutions with Regulated Access to Crypto
17.6.2020
Binance U.K will provide regulated crypto trading services for British and European institutional investors
Institutional Investors Set for Herd-like Move to BTC, Says Kraken CEO
17.6.2020
More institutions will follow those already in the bitcoin (BTC) space, as their mentality is generally that of "a herd," said Jesse Powell, CEO of major crypto exchange Kraken in an interview with Bloomberg TV. He also opined that bitcoin is already a store of value, and will soon...
Ethereum Options Open Interest Soars 315% — Are Institutions Bullish?
14.6.2020
Open interest on Ethereum options contracts surged 315% to $158 million, but are investors using derivatives for bullish or bearish positions?
Driven by Financial Institutions, Stablecoin Acceptance Turns a Corner
14.6.2020
Crypto has turned from an inevitable future to our happening present, and stablecoins may become the industry’s cornerstone
80% of US and European Institutional Investors Find Cryptocurrency Appealing: Survey
11.6.2020
A new survey of about 800 institutional investors in the U.S. and Europe shows strong cryptocurrency adoption, particularly bitcoin. About 80% of institutions said they find cryptocurrency appealing, and 60% believe cryptocurrencies have a place in their portfolios. Crypto Appeals to 80%...
Bakkt, Galaxy Digital to Offer Joint Bitcoin Custody Solution for Institutions
10.6.2020
Bakkt and Galaxy Digital plan to offer a "white glove" trading and custody solution targeting institutions this year
One Third of Institutions Have Invested in Crypto Says Fidelity
10.6.2020
A survey published by Fidelity has found that more than one-third of institutional investors globally are exposed to crypto assets