Bitcoin is ‘non-sensical’ asset that still makes sense, says UK investment manager
His firm added exposure to Bitcoin before the winter surge. Go to Source Powered by WPeMatico
Investments
Auto Added by WPeMatico
Fidelity doubles down on Hong Kong crypto operator
The mutual fund giant now owns 6.29% of BC Technology Group following the latest cash injection. Go to Source Powered by WPeMatico
Winklevoss brothers top Forbes Bitcoin billionaires list
Forbes has named the six biggest winners of this latest cryptocurrency rally, including the Winklevoss brothers and Bloq’s Matthew Roszak. Go to Source Powered by WPeMatico
Grayscale reopens crypto trusts for investment as Bitcoin price climbs
The fund manager had temporarily stopped taking on new investors in late December but has now resumed for almost all crypto trusts. Go to Source Powered by WPeMatico
Korea’s Shinhan Bank makes strategic investment in crypto custody consortium
South Korea’s Shinhan Bank has invested in a crypto custody service backed by local crypto exchange Korbit. Go to Source Powered by WPeMatico
FCA warns of crypto investment risks as Bitcoin dives below $33K
The Financial Conduct Authority has warned the public about crypto investment as Bitcoin dove below $33,000. Go to Source Powered by WPeMatico
Morgan Stanley buys 10% stake in Michael Saylor’s MicroStrategy
MicroStrategy’s massive push into Bitcoin is paying off, with shares skyrocketing and huge new investment from Morgan Stanley. Go to Source Powered by WPeMatico
Russia’s Central Bank tries to stem the tide of rubles leaving bank accounts
With the declared intent of reducing risk, the moves look to cut new investors off from opportunities to get out of the ruble. Go to Source Powered by WPeMatico
Bitwise AUM surpasses $500 million as institutions flock to crypto
The fund manager’s inflows suggest investors are seeking broad exposure to cryptocurrencies, including Bitcoin and Ether. Go to Source Powered by WPeMatico
Faulty data? Grayscale didn’t liquidate massive amounts of XRP and XLM
A Grayscale spokesperson confirmed to Cointelegraph that the fund manager didn’t dump massive stakes of XRP and XLM Go to Source Powered by WPeMatico