Institutional Investors and Whales

ForkLog 8 19.03.2024

Japan’s $1.5 Trillion Pension Fund Explores Bitcoin Diversification

The Government Pension Investment Fund of Japan (GPIF), managing assets worth ~$1.5 trillion, is considering portfolio diversification options, including the first cryptocurrency. Breaking: Japan’s Government Pension Investment Fund, the world’s largest pension fund with $1.5 trillion under management, announced that it will seek information on business diversification, including Bitcoin, gold, forests and farmland. This announcement […]

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ForkLog 17 15.03.2024

El Salvador Reveals Bitcoin Address Holding $400 Million

The government of El Salvador has transferred its acquired bitcoins to a cold wallet “within the country’s territory.” President Nayib Bukele disclosed the address holding 5689.69 BTC (~$406.6 million). We’ve decided to transfer a big chunk of our #Bitcoin to a cold wallet, and store that cold wallet in a physical vault within our national […]

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ForkLog 19 05.03.2024

Institutional Investment in Cryptocurrencies Set to Rise, Experts Predict

Institutional investors holding cryptocurrencies are planning to increase their investments amid positive industry prospects. This is according to a survey by Nickel Digital, reports The Block. “The compelling returns of the sector, combined with the approval of spot Bitcoin ETFs, have understandably boosted optimism, but the number of respondents intending to increase investments is noteworthy,” […]

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ForkLog 13 05.03.2024

Stanford Students Allocate 7% of Portfolio to Bitcoin

The student-managed Blyth investment fund at Stanford has incorporated digital gold into its portfolio via BlackRock’s IBIT, allocating a 7% share. Stanford Endowment has bought Bitcoin at 45k. In February, pitched IBIT to Blyth Fund, the student-run fund which manages a portion of Stanford’s Endowment. Bitcoin is now ~7% of the portfolio. Here’s the pitch […]

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ForkLog 9 05.03.2024

Deutsche Börse Launches Crypto Exchange Targeting Institutional Investors

The stock exchange operator Deutsche Börse has launched a regulated platform focused on institutional investors for spot trading, settlement, and custody of cryptocurrency assets, named Deutsche Börse Digital Exchange (DBDX). Settlement and custody services will be provided by its subsidiary Crypto Finance (Deutschland), which holds licenses from BaFin. “We will ensure transparent and secure market […]

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ForkLog 12 04.03.2024

Michael Saylor Declares a ‘Gold Rush’ for Bitcoin

Spot Bitcoin ETFs have accelerated the adoption of digital gold among institutions. This trend will be bolstered by the rise of autonomous artificial intelligence, according to MicroStrategy founder Michael Saylor. MUST WATCH‼️ — Michael Saylor: We are in the Bitcoin Gold Rush era. It started in January 2024 and will last until the end of […]

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ForkLog 8 01.03.2024

Astute Whale Nets $3.5 Million from PEPE, Invests in Altcoins

On February 29, an unidentified crypto investor sold all 1.97 trillion PEPE accumulated on Binance for $6.07 million, netting a profit of $3.49 million. This was highlighted by Lookonchain. A smart whale deposited all 1.97T $PEPE($6.07M) to #Binance and made a profit of $3.49M. Then he changed his position from $PEPE to $SHIB, withdrawing 75.9B […]

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ForkLog 23 27.02.2024

Bybit Identifies Ethereum as Leading Institutional Crypto Asset

The share of Bitcoin and Ethereum in institutional portfolios increased from 50% to 80%. Open interest in options for the second-largest cryptocurrency by market capitalization reached a new all-time high. The growth is linked to increased volatility, expectations for the Dencun upgrade, and prospects for ETF approval. Ethereum has taken the largest share among cryptocurrencies […]

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ForkLog 9 27.02.2024

Spot Bitcoin ETF Trading Volume Hits Record $2.4 Billion

Trading volume of spot ETFs based on digital gold, excluding GBTC, reached a peak of $2.4 billion. BlackRock’s IBIT surged to $1.29 billion, making it attractive to institutional investors. Experts linked activity spikes in other products to high-frequency traders. On February 26, trading turnover of GBTC’s competitors reached a peak of $2.4 billion since the […]

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ForkLog 6 21.02.2024

Ethereum Whale Moves $5.15 Million After 8.5 Years of Inactivity

An unidentified user transferred 1,732 ETH (~$5.15 million) to the Kraken exchange after 8.5 years of inactivity, as noted by researchers at Lookonchain. After the price of $ETH surpassed $3,000, an #Ethereum ICO participant woke up after 8.6 years of dormancy and deposited 1,732 $ETH($5.15M) to #Kraken. He received 3,465 $ETH($10.3M) at #Ethereum Genesis, the […]

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ForkLog 15 10.01.2024

European Crypto Custodian Finoa Secures $15 Million in Funding

Germany-based licensed staking and custodial service provider Finoa, focusing on institutional clients, has concluded a strategic funding round, raising $15 million. The startup’s valuation remains at $100 million, according to The Block. The funding round was led by Maven 11 and Balderton, with participation from Blue Bay Ventures, Signature Ventures, Coparion, and Venture Stars. The […]

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ForkLog 6 26.12.2023

Analysts forecast renewed institutional activity in the crypto market in 2024

In 2024, institutional investors will begin to show greater interest in the digital assets market thanks to the potential approval of the Bitcoin-ETF and a decline in U.S. interest rates.

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