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Bitcoin's (BTC) price dropped by more than 50% after peaking out at $69,000 six months ago but the plunge did little in forcing some of its wealthiest investors into selling.Notably, the number of Bitcoin under Coinbase Custody for institutional clients rose by 296% since Q4 2020, showcasing the most investors
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The financial services giant has been short on specifics, and the mystery underscores the difficulties in defining what belongs in such products; ether also falls. Original Source
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The Metaverse Discretionary Strategy aims to capture growth opportunities globally from the development of the metaverse ecosystem. Original Source
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The newly formed Abra Capital Management will require a minimum investment of $250,000. Source
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Financial services giant Goldman Sachs has been offering clients exposure to ETH through Galaxy Digital’s Ethereum Fund according to a new Securities and Exchange Commission filing.Goldman Sachs clients keen on spot exposure to Ethereum (ETH) have been offered space in Galaxy’s ETH Fund. This strategy became apparent in a Mar.
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on new savings wallet top-ups.
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Leaked data shows that until recently, Swiss bank Credit Suisse held accounts valued at more than $100 billion for sanctioned individuals and heads of state reportedly accused of money laundering.The New York Times reported on Feb. 20 that the data leak included more than 18,000 bank accounts. The data goes back
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According to the findings of a new survey, the number of financial advisors currently counseling crypto holding clients is expected to double from the current two out of ten or 20% to 44% by the end of 2022. Only Four Percent Expect the Number of Crypto Holding Clients to Decrease The
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JPMorgan said that according to a survey, majority of its clients expect bitcoin to trade at $60,000 or more by the end of this year.The Wall Street giant said in a note published last week that 55% of the clients surveyed see bitcoin reaching the $60,000 barrier.According to the survey,
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