Wells Fargo files for Bitcoin fund
Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments. Go to Source Powered by WPeMatico
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Bitcoin slides with S&P 500 as Fed signals tapering $120B monthly bond purchases
The benchmark cryptocurrency retreated alongside risk-on markets as investors shifted their exposure to the U.S. dollar. Go to Source Powered by WPeMatico
Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below $30K
Alameda Research, headed by Sam Bankman-Fried, whose net worth lately reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000. Go to Source Powered by WPeMatico
Bitcoin bull outlines 7 steps to more fiscal stimulus and higher BTC prices
Bitcoin’s drop below $30,000 has sparked worries that it is heading to $20,000 next. But is such a massive drop feasible against the current macro fundamentals? Go to Source Powered by WPeMatico
S&P Dow Jones Indices launches new cryptocurrency indexes
The S&P Cryptocurrency Broad Digital Market Index is being launched alongside four other benchmarks that track cryptocurrencies based on market capitalization. Go to Source Powered by WPeMatico
‘Big Short’ Investor Michael Burry Warns of ‘Mother of All Crashes’ — Says Crypto’s Problem Is Leverage
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of “the mother of all crashes.” He further explained that the problem with cryptocurrency is the leverage. Michael Burry Warns of Mother of All Crashes Famous investor and founder of private investment firm Scion Asset Management, Michael Burry, shared his view … Read more
Goldman Sachs to offer Bitcoin futures trading in partnership with Galaxy Digital
Mike Novogratz’s Galaxy Digital will serve as the counterparty entity for Goldman Sachs’s Bitcoin futures trading product. Go to Source Powered by WPeMatico
Bitwise secures $70M in Series B funding from major Wall Street investors
Bitwise has attracted significant investment from major American institutional investors to the tune of $70 million. Go to Source Powered by WPeMatico
GME and AMC stock surge may impact crypto meme coins, BTC not so much?
GME and AMC push to greater highs on the back of memes as correlations with crypto begin to emerge. Go to Source Powered by WPeMatico
Kraken Weighs in on IPO After Coinbase’s Lackluster Direct Listing Performance
Kraken, the US-based exchange, is weighing in on whether to use an IPO or a direct listing to go public. Kraken’s CEO Jesse Powell stated that after Coinbase’s performance, they were considering other options for going public next year. The company will be the second crypto exchange to go public in the US if things … Read more