Category: investments

Institutions continue offloading BTC exposure despite price rebound

Institutions continue offloading BTC exposure despite price rebound

Bitcoin funds are still in decline as institutional sentiment remains bearish. 5314 Total views 35 Total shares Investments in institutional Bitcoin products have continued to decline this past week. In its July 26 Digital Asset Fund Flows report, CoinShares notes institutional crypto products have experienced outflows for the third consecutive week, with $28 million exiting […]

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Australian government awards $4M in grants to two blockchain startups

Australian government awards $4M in grants to two blockchain startups

The new investment aims to explore blockchain’s capability to expand the competitiveness of Australia’s critical minerals and food and beverage industries. Australia’s Minister for Industry, Science and Technology announced 5.6 million Australian dollars ($4.2 million) in grants to two blockchain-focused companies including traceability firm Everledger and technology consulting startup Convergence.tech. Everledger, a company focused on building […]

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Capital International purchased $600M in MicroStrategy stock

Capital International purchased $600M in MicroStrategy stock

MicroStrategy’s stock price rose by more than 1.5% to reach $628.44 at the time of publication, making Capital International’s shares worth roughly $600 million. 5199 Total views 9 Total shares Financial services company Capital International invested more than half a billion dollars into business intelligence firm MicroStrategy stock. In MicroStrategy’s filings to the U.S. Securities […]

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Survey: 40% of institutional crypto investors intend to buy a lot more

Survey: 40% of institutional crypto investors intend to buy a lot more

More than 80% of institutional investors polled that have already invested in digital assets expect to increase their exposure. 2567 Total views 15 Total shares A new survey suggests that hedge fund executives, wealth managers, and institutional investors already holding crypto assets intend to increase their holdings. The survey, conducted by London-based crypto fund Nickel […]

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