Cryptocurrency Analysis and News Portal
Quick take:MassMutal Life Insurance recently purchases $100 million in BitcoinInsurance companies are known to avoid unnecessary risksThe 169-year-old insurance company buying Bitcoin is a sign that BTC is no longer a ‘risk-off’ assetBitcoin being sold now by miners and retail traders is increasingly being scooped up by institutional investorsThe herd
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Patrick Sells is going from banking cryptocurrency businesses shunned by most financial institutions to pitching crypto-related services to banks that may suddenly be warming to the sector.Sells, the former chief innovation officer of New York-based Quontic Bank, is joining New York Digital Investments Group (NYDIG) as its head of bank
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Shapeshift CEO Erik Voorhees has drawn a metaphorical line in the financial sand, stating that every asset manager should understand Bitcoin now based on its astonishing rate of return.Voorhees made the comments while retweeting data shared by analytics platform Messari co-founder Dan McArdle that shows Bitcoin has dramatically outperformed everything
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Bitcoin is a risk-asset rather than a safe haven. Similar to equities, bitcoin experienced a strong rebound this year as central banks unleashed an unprecedented amount of global liquidity. On the other hand, traditional safe haven assets, such as fixed income and cash, have done their job of producing low
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The head of the world’s largest asset manager has provided a somewhat bullish take on the world’s first cryptocurrency.According to a report by CNBC on Tuesday, CEO of BlackRock Larry Fink said bitcoin has “caught the attention” of many people and that the cryptocurrency market was still relatively small compared
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In a research note intended for clients, investing giant AllianceBernstein says it changed its mind on bitcoin’s role in asset allocation.Yesterday, CryptoX received access to a private client research report from AllianceBernstein, a global investment giant with more than $631 billion in assets. In this episode of the Breakdown, NLW reads
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Quick take:Professor Nouriel Roubini has classified Bitcoin as the most manipulated asset everThis is after BTC dropped hard from $19,400 to $16,300He explained that retail traders were hoodwinked by whales and ‘shafted as in 2018’Timothy Peterson agrees that Bitcoin is manipulatedAccording to Professor Roubini, investing in Bitcoin is like taking
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Sygnum, a digital asset finance firm with a Swiss banking license, has launched what it says is a blockchain-based alternative to listing shares on a stock exchange.On Thursday, the company announced an “end-to-end tokenization solution,” comprising of both a primary market issuance platform called Desygnate, and SygnEx, a secondary market
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Somewhere between the Coinbase hawk and the institutional bitcoin whale lies a growing class of high-end retail investors pushing their money managers to join the bull run. Their calls grew loud enough for Mariner Wealth Advisors to take action. Now, the registered investment advisory (RIA) whose network of independent financial
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One of the (quietly) largest players in the institutional bitcoin space discusses the changing investor landscape in his first-ever podcast interview.Robby Gutmann is the co-founder of Stone Ridge Holdings Group, a $10 billion alternative asset manager and co-founder and CEO of NYDIG, the group’s bitcoin subsidiary.In this first-ever podcast conversation, Gutmann discusses: Source
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