Category: investments

More Bitcoin! Michael Saylor’s MicroStrategy just keeps buying BTC

March 1, 2021

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Michael Saylor announced MicroStrategy’s acquisition of another $15 million worth of Bitcoin as MicroStrategy continues to dollar-cost-average into BTC. 5024 Total views 28 Total shares MicroStrategy’s Bitcoin buying spree shows no signs of slowing after CEO Michael Saylor announced the purchase of another 328 Bitcoin (BTC) on Monday. The acquisition, which was paid for in cash, cost […]

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What DeFi needs to do next to keep institutional players interested

February 27, 2021

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The last few months’ frenzy of institutional money flowing into Bitcoin (BTC) has seen crypto hitting the headlines — at the least as a novelty asset, at the most as a must-have. There is undoubtedly a trend in the market toward greater awareness and acceptance of digital assets as a new investable asset class. A […]

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Bitcoin needs clear regulations to be less volatile, Bridgewater analyst says

February 26, 2021

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Bitcoin will become more stable and liquid when regulatory certainty is in place, Bridgewater’s director of investment research argued. 10217 Total views 26 Total shares A senior analyst at asset management firm Bridgewater believes that regulation could potentially make Bitcoin (BTC) a good asset for institutional investors. Bridgewater director of investment research Rebecca Patterson claimed […]

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DeFi exchange protocol DFX raises $5M in seed funding led by Polychain Capital

February 24, 2021

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Polychain Capital has bet on a new decentralized finance exchange protocol looking to boost the adoption of stablecoins in DeFi. 4814 Total views 20 Total shares Veteran cryptocurrency investor Polychain Capital has joined a funding round in DFX Finance, a new decentralized finance exchange protocol optimized for non-U.S. dollar stablecoins. DFX raised more than $5 […]

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MicroStrategy purchases another $1 billion worth of Bitcoin, now owns 90,000 BTC

February 24, 2021

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CEO Michael Saylor said the firm doesn’t intend to slow down the rate of its Bitcoin acquisitions after buying another $1 billion worth of BTC. 4797 Total views 66 Total shares Business intelligence firm MicroStrategy increased its Bitcoin (BTC) holdings by 27% on Wednesday after purchasing an additional 19,452 coins, taking its total haul to […]

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CoinShares launches new physically-backed Ether ETP

February 24, 2021

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Digital asset manager CoinShares is listing its second cryptocurrency exchange-traded product on the SIX Swiss Exchange. 3738 Total views 27 Total shares Major European digital asset manager CoinShares is expanding its product portfolio with a new physically-backed Ether (ETH) exchange-traded product, or ETP. Called CoinShares Physical Ethereum (ETHE), the new investment product is launching with […]

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Bitwise assets under management hit $1B, fueled by professional investors

February 23, 2021

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Assets under management have doubled since the fourth quarter, highlighting growing mainstream adoption of Bitcoin and other cryptocurrencies. 1442 Total views 7 Total shares Bitwise, a leading cryptocurrency fund manager, reported another major milestone on Tuesday as the assets under management for its digital asset funds crossed $1 billion for the first time.  The Bitwise […]

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Swiss crypto ETP issuer passes $1B assets under management

February 22, 2021

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Swiss crypto ETP issuer 21Shares has increased its managed crypto ETP assets from $500 million to $1 billion in less than two weeks. 10466 Total views 24 Total shares 21Shares, a Switzerland-based provider of cryptocurrency exchange-traded products, or ETPs, has recorded a 100% growth in assets under management over the past two weeks. The company […]

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UK firm launches service for company treasuries to invest in Bitcoin

February 19, 2021

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U.K.-based crypto firm BCB Group is looking to provide corporations with a way to put Bitcoin on their balance sheet by launching a dedicated treasury. 16140 Total views 27 Total shares BCB Group, a global digital financial services firm, is planning to help corporations navigate cryptocurrencies like Bitcoin (BTC) by launching a dedicated service. According […]

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Crypto is ‘poorest hedge’ for drawdowns in equities, JPMorgan analysts say

February 19, 2021

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Analysts bashed Bitcoin despite JPMorgan co-president Daniel Pinto claiming that Bitcoin adoption is inevitable at some point. 8347 Total views 25 Total shares Analysts at American investment bank JPMorgan Chase have delivered another skeptical statement on Bitcoin (BTC), arguing that its current price is much higher than its fair value. In a regular memo for […]

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