French fund manager launches EU-regulated ETF that tracks Bitcoin price
France’s securities regulator approves, the Bitcoin-tracking fund fully complies with the European Union’s UCITS standards. Go to Source Powered by WPeMatico
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Billionaire Ray Dalio likes Bitcoin but would choose gold every time
Dalio sees gold as a hedge against inflation but also has a bit of BTC in his portfolio. Go to Source Powered by WPeMatico
Crypto is a fundamental technological breakthrough, a16z co-founder says
Marc Andreessen, co-founder and general partner at the VC firm Andreessen Horowitz, says crypto represents the latest, most significant transformation of the tech industry. Go to Source Powered by WPeMatico
Rothschild’s trust led funding round for Aspen Digital’s London expansion
Aspen Digital aims for the Europe, Asia and Middle Eastern markets, leading the initiative by establishing headquarters in London and Singapore. Go to Source Powered by WPeMatico
New study reveals high demand for payments in cryptocurrency
Over 60% of responding crypto owners said that they were interested in using crypto as a payment method to make online purchases more private or secure. Go to Source Powered by WPeMatico
Crypto funds see 4th consecutive weekly outflows as institutions diversify holdings — Coinshares
Institutional investors are diversifying into altcoins amid the latest market downturn. Multi-asset investment products registered another sharp rise in weekly inflows. Go to Source Powered by WPeMatico
There’s no reason not to hold Bitcoin for 100 years, Michael Saylor says
Nobody is in a hurry with Bitcoin, according to Microstrategy CEO Michael Saylor: “We’re thinking that it’s the future of the property.” Go to Source Powered by WPeMatico
Former Bitmain CEO Jihan Wu raises fresh capital for new crypto unicorn
Matrixport, a part of Jihan Wu’s Bitmain exit strategy, is now valued at over $1 billion in just 2 years. Go to Source Powered by WPeMatico
German law allowing institutional funds to hold crypto comes into effect Aug. 2
As much as $415 billion worth of investments could flow into cryptocurrencies as new laws governing German Spezialfonds go into effect. Go to Source Powered by WPeMatico
Coinbase Ventures backs Ethereum-based streaming network
Livepeer’s $20 million Series B funding round saw participation from large VCs, including Coinbase Ventures, Coinfund, Northzone, 6th Man Ventures and Animal Ventures. Go to Source Powered by WPeMatico