Bitcoin Rally Isn’t Just Institutional Driven, Emerging Markets Are Voting For Revolution
Bitcoin very well has the potential to be the successor to the dollar and the next global reserve
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Institutional
Galaxy Digital Bitcoin Funds Raise $59M as Institutional Cash Flows In
Galaxy Digital’s bitcoin funds raised $58.7 million in their first year as predominately high-dollar buyers staked their claim to the surging cryptocurrency. The institutional fund in particular appears to capture high-rollers’ spiking interest in bitcoin. With a minimum investment of $250,000, the $55 million fund attracted 33 investors for an
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Coinbase Has Raked in $14B in New Institutional Assets Since April
Coinbase has seen a $14 billion increase in institutional assets under custody since April, its head of institutional coverage at Coinbase said in a YouTube interview published on Friday.Brett Tejpaul told interviewer Eliisabetta Bartolini, partner at Heidrick & Struggles, that institutional assets under custody were $6 billion when he joined
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New Bitcoin Institutional Rally? Why BTC Just Blasted Past $18k Again
The price of Bitcoin surged past $18,000 once again, marking a sharp recovery from its earlier intraday drop
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CME Sees Record High Open Interest for Bitcoin Futures on Wave of Institutional Inflows
Open interest surged to $976 million Monday. Source
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Galaxy Digital Makes Twin Acquisitions in Bid to Strengthen Institutional Appeal
The cryptocurrency merchant bank has acquired a lending firm and a trading company as it seeks to become the "go to" platform for institutional access to digital assets, the firm said Friday. Source
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Hong Kong’s Amber Group Picks BitGo Trust in Quest for Institutional Investors
Crypto market maker Amber Group will service its clientele of institutional traders with the help of BitGo Trust, the custodial arm of the Palo Alto-based security firm.BitGo’s status as a qualified custodian should draw more high-net-worth investors to Amber from places like Hong Kong, Taiwan and Seoul, the companies said.The
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Swiss Arm of Russia’s Gazprombank Launches Institutional Bitcoin Offerings
Gazprombank (Switzerland) has been authorized by FINMA to launch institutional cryptocurrency services in Switzerland. Source
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CME’s Rise in Bitcoin Futures Rankings Signals Growing Institutional Interest
CME has risen to second place in terms of bitcoin futures open interest, passing Binance and BitMEX. Source
Read MoreRecord-high Bakkt Bitcoin delivery exposes institutional frenzy for BTC
Data from Arcane Research shows Bakkt Bitcoin exchange saw another record-high month from Sept. 20 to Oct. 20. This follows a noticeable rise in institutional demand for Bitcoin (BTC) from public companies in recent months.Bitcoin delivery on Bakkt. Source: ICE, Arcane ResearchBakkt, the digital asset payment platform and derivatives exchange,
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