Cryptocurrency Analysis and News Portal
The Valkyrie CIO says that the SEC will ask for comments and possibly approve an ETF proposal this month after all issues are addressed. A Valkyrie Investments exec has hinted at a strong possibility for a spot Bitcoin ETF approval this month. According to Chief Investment Officer (CIO) Steven McClurg, the
Read More
While bitcoin today jumped more than 7% on a positive ruling regarding Grayscale’s attempt to convert its Grayscale Bitcoin Trust (GBTC) into a spot bitcoin ETF, Jeff Dorman, Chief Investment Officer at Arca, says the world’s largest digital asset will need a “significant catalyst” to break out of its range-bound
Read More
For LVMH, a task to convince other luxury brands to join the blockchain movement has been a difficult one. Luxury goods company LVMH has suggested that luxury brands are dependent on blockchain technology to improve the lifecycle of their products. According to Franck Le Moal, the Chief Information Officer (CIO) of
Read More
The committee, which will have management oversight over the firm, includes Morehead, longtime partner Paul Veradittakit, and Jasper Lewitton, who joined Pantera last summer as president. Lewitton’s work history includes a decade-long stint at Ray Dalio’s Bridgewater Associates. Source
Read More
Digital assets will largely decouple from traditional equity markets in 2023, believes Arca chief investment officer Jeff Dorman. Discussing his outlook for 2023 in a recent interview with Cryptox, Dorman argued that as the global economy enters a recession this year, equities will be negatively affected while some cryptocurrencies will
Read More
Guggenheim Partners CIO Scott Minerd believes there is going to be a crypto washout similar to the internet bubble. “There’s another shoe to drop,” he warned. Nonetheless, the executive is confident that the crypto industry will move forward despite the collapse of crypto exchange FTX. Guggenheim’s Scott Minerd Shares Crypto
Read More
Hearing more negative speculation would be unpleasant for the investors as the recent bloodbath’s catastrophic effects already slowed down crypto markets. But unfortunately, an expert predicted Bitcoin would go far below. Scott Minerd, Chief officer at Guggenheim Partners, a global investment and advisory firm handling $325 billion under its management, speculated
Read More
An expert has claimed that crypto is trading like risk assets and looking like growth equities, and as the traditional market is likely to continue to see high volatility over the next months, the institutional adoption of crypto is slowing down until global equity markets find stability. Crypto Institutional Adoption The institutional
Read More
Pimco, an asset manager with $2.2 trillion under management, is looking to start trading cryptocurrencies. “We’re trading from a relative value perspective,” the firm’s chief investment officer said. Pimco’s clients include central banks, sovereign wealth funds, public and private pension funds, financial and non-financial corporations, foundations, and endowments. Pimco Getting Into
Read More
Scott Minerd, chief investment officer of the multi-billion dollar investment firm Guggenheim Partners, has revised his previous prediction for bitcoin’s long-term price potential.In an interview with CNN’s Julia Chatterley on Tuesday, Minerd said, based on Guggenheim’s fundamental research, he believes bitcoin could eventually climb as high as $600,000 per bitcoin.Minerd
Read More