Public mining stocks outpaced Bitcoin in returns
The market capitalisation of the three largest publicly listed mining companies has risen by an average of 46% over the past three weeks, recovering from a mid-May trough.
Public mining stocks outpaced Bitcoin in returns
The market capitalisation of the three largest publicly listed mining companies has risen by an average of 46% over the past three weeks, recovering from a mid-May trough.
Morgan Stanley clients to invest in NYDIG Bitcoin fund
Asset managers New York Digital Investment Group (NYDIG) and FS Investments have filed with the U.S. Securities and Exchange Commission a filing for a bitcoin fund intended for Morgan Stanley clients.
Study finds hedge funds will raise crypto exposure to 7.2% of assets by 2026
By 2026, the share of cryptocurrencies in hedge funds' net assets will reach 7.2%, equivalent to $312 billion at current prices. The results of the survey were provided by Intertrust, the fund administrator.
Several insurers invested in Grayscale Investments’ crypto products
Six US insurers for the first time bought Grayscale Investments' Bitcoin- and Ethereum-based trusts, according to S&P Global Market Intelligence.
CABEI to back El Salvador’s bitcoin push
The Central American Bank for Economic Integration (CABEI) will create a technical group to support the Salvadoran government in implementing bitcoin as a legal means of payment.
MicroStrategy to raise up to $1 billion via stock offering to fund Bitcoin purchases
The software analytics provider MicroStrategy will conduct an additional issuance of common stock totaling up to $1 billion. The funds will be used, among other things, to purchase Bitcoin.
MicroStrategy raises $500 million to buy Bitcoin
The software-analytics provider MicroStrategy Inc. issued convertible senior notes for $500 million due 2028. The proceeds, which the company valued at $488 million, will be used to buy Bitcoin.
Paul Tudor Jones puts 5% of his portfolio in Bitcoin to protect against inflation
The trader and founder of the Tudor Investment hedge fund, Paul Tudor Jones, told CNBC that he would allocate 5% of his capital to Bitcoin because of the Fed's policy.
Analysts forecast Bitcoin price to reach $46,000
Whalemap's service envisaged Bitcoin rising to $46,000 after crossing the $40,000 mark.
JPMorgan says Bitcoin price level attractive to whales
A decline in Bitcoin's price below $30,000 could rekindle institutional interest in the first cryptocurrency. In an interview with Markets Insider, JPMorgan strategist Nikolaos Panigirtzoglou shared that view.We use cookies to improve the quality of our service.
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