Bitcoin investment products still suffering outflows despite price recovery
While institutions are still withdrawing capital from Bitcoin investment products, money is flowing into Ethereum and altcoin products. Go to Source Powered by WPeMatico
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What bear market? Investors throw record cash behind blockchain firms in 2021
VC investments into crypto over the first six months of 2021 have already more than doubled those witnessed in all previous years combined. Go to Source Powered by WPeMatico
Cryptocurrency is ‘pure trading instrument,’ hedge fund CEO says
Hedge funds are adopting crypto investments, but one asset manager says it is all a speculative play. Go to Source Powered by WPeMatico
Crypto tax startup TaxBit reportedly in talks for unicorn-level funding
The possible new funding would bring the Utah-based crypto tax automation provider to a valuation of $1 billion or above. Go to Source Powered by WPeMatico
Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April
Rothschild Investment Corp has bought more Bitcoin and Ethereum exposure via Grayscale despite the ongoing crypto market retreat. Go to Source Powered by WPeMatico
Majority of institutional investors ready to buy digital assets, study says
A new study found that institutional investors’ appetite for digital assets, including cryptocurrencies, is growing. Go to Source Powered by WPeMatico
‘Investors stay clear’: UBS warns regulators could pop ‘bubble-like crypto markets’
UBS has joined the phalanx of banks expressing concern over their customers investing in digital assets. Go to Source Powered by WPeMatico
Asian Algorithmic Trading Company Amber Group Reaches Unicorn Status
Amber Group, a Hong Kong-based cryptocurrency trading company, has attained “unicorn” status. The company managed to raise $100 million in its Series B funding round. With the new influx, the company is now valued at one billion dollars, making it a unicorn. Amber Group’s strategy is said to make them market neutral, allowing customers to … Read more
One in Five Kiwis Bullish on Crypto Investments, New Poll Suggests
Cryptocurrency investing has been rising in popularity among New Zealanders and a fifth of the respondents in a new survey either plan to or have already, put money into digital assets. The poll also found that young Kiwis are more likely to use micro-investing platforms than older generations. Over 20% of New Zealanders Plan to … Read more
Wallet provider Ledger raises $380M to welcome DeFi ecosystem
Now valued at $1.5 billion, Ledger aims add new products to its hardware and software wallet portfolio. Go to Source Powered by WPeMatico
