Cryptocurrency Analysis and News Portal
As the price of Bitcoin returned to more than $32,000 this week, some major firms announced they had increased their exposure to cryptocurrencies through Grayscale’s crypto trusts.According to a Friday filing with the U.S. Securities and Exchange Commission, or SEC, New York-based investment firm Edge Wealth Management currently holds 54,134
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Adam, Tim Draper Share Their Investment Secrets at Crypto Invest 2018 May 6, 2018 by Evan Faggart Have you ever wondered how cryptocurrency investing gurus decide what projects to invest in? Tim Draper and his son, Adam, shared exactly that during a presentation at the 2018 Crypto Invest Summit in Los
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In 18 months, investment firm Charles Schwab has 180’ed on the idea of offering cryptocurrency to its clients. Previously, the firm warned that cryptocurrencies were a purely speculative instrument. But now, based on client demand, it’s ready to make a move. “If the company decides to participate in the crypto market
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Brevan Howard intends to diversify into various digital assets beyond Bitcoin and Ethereum. Brevan Howard, an asset management firm with approximately $10 billion in AUM, is reportedly eyeing the crypto market, according to a report by Bloomberg. Bloomberg reported that the firm hedge fund is ready to invest 1.5% of a
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According to a document filed with the U.S. Securities and Exchange Commission (SEC), banking giant Goldman Sachs has petition approval for a new Exchange Tradable Fund (ETF) with the option to add exposure to Bitcoin. With an ARK innovation structure and a March 19, 2021 filing date, the financial product would
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The days of ICOs are long gone, but new crypto projects have not stopped appearing. Today, according to the CoinMarketCap service, there are more than 8,000 thousand cryptocurrencies and tokens. And this is without taking into account those that analytic services do not add to the list or exclude from
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Decentralized trading platform Synthetix has raised $12 million from venture capital firms Coinbase Ventures, Paradigm and IOSG. The raise looks to be a rare occurrence of VCs investing through the purchase of a platform’s native token directly from its treasury rather than wiring funds to its founders.Synthetix is run by
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Cathie Wood’s ARK Investment Management increased its holdings of the Grayscale Bitcoin Investment Trust (GBTC) by 2.14 million shares in the fourth quarter of 2020, bringing its holdings of the market-leading institutional bitcoin investment vehicle to 7.31 million shares. Source
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Mary Barra, who has served as the chief executive officer of General Motors for seven years, said the company has no immediate plans to emulate Tesla’s Bitcoin purchase.During GM’s Q4 2020 earnings call today, Barra said the firm would monitor demand for customers wanting to pay for vehicles using Bitcoin
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Tapiero is joined by Michael Dubilier and Stan Miroshnik. Source
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