82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows

82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey ShowsAsset management firm Devere Group says that 82% of millionaires surveyed have asked their financial advisors about adding cryptocurrencies, such as bitcoin, to their portfolios despite the crypto winter. “Wealthy investors understand that digital currencies are the future of money, and they don’t want to be left in the past,” the firm’s chief executive said. […]

Go to Source

Powered by WPeMatico

Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3 concepts. Hashkey Capital’s Fund III to Focus on Web3, Emerging Markets and Crypto Solutions Amid […]

Go to Source

Powered by WPeMatico

Coinbase: Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive

Coinbase: Institutional Investors Increased Allocations During Crypto Winter — Price Outlook Long-Term Remains PositiveA recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto as an asset class” and “the price outlook over the long term remains positive.” Coinbase’s Institutional Investor Survey The Nasdaq-listed […]

Go to Source

Powered by WPeMatico

Morgan Stanley Analyst Says Crypto Economy’s Liquidity Improved, but There’s ‘No Huge Demand to Re-Leverage’

Morgan Stanley Analyst Says Crypto Economy's Liquidity Improved, but There's 'No Huge Demand to Re-Leverage'An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity seems to be recovering. Morgan Stanley’s Sheena Shah highlighted in a note to investors that the stablecoin market capitalization is seeing fewer redemptions for the first time since April. Morgan Stanley Investors’ Note Says Crypto […]

Go to Source

Powered by WPeMatico

Binance Launches New Platform for VIP and Institutional Crypto Investors

Binance Launches New Platform for VIP and Institutional Crypto InvestorsCrypto exchange Binance has launched a new platform for VIP and institutional investors. The VIP program allows Binance users to “get rewarded with more discounts and VIP privileges” as their trading volume climbs up VIP tiers. ‘Binance Institutional’ Launched Global cryptocurrency exchange Binance announced Thursday the launch of “Binance Institutional,” a new platform for VIP […]

Go to Source

Powered by WPeMatico