Institutional Investors and Whales

ForkLog 268 10.05.2022

Coinbase and MicroStrategy shares slump as Bitcoin slides toward $30,000

May 9 trading session on US stock exchanges ended with a broad sell-off in cryptocurrency-related stocks, with sector equities down 13.2% to 26.3%.

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ForkLog 21 06.05.2022

U.S. Senator Proposes to Codify the Right to Accumulate Bitcoin in Retirement Accounts

Republican Senator Tommy Tuberville from Alabama introduced a bill allowing Americans to accumulate cryptocurrency in 401(k) retirement accounts.

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ForkLog 9 04.05.2022

US pension funds to bolster yields through asset farming

Pension funds in Fairfax County, Virginia, may increase their exposure to the crypto industry by participating in an asset-yield farming strategy. This was stated by the system's chief investment officer, Catherine Molnar, according to Bloomberg.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 15 03.05.2022

Jane Street to raise $25 million in USDC through the crypto-lending platform Clearpool

One of the largest market makers, Jane Street, has agreed with the crypto hedge fund BlockTower Capital to secure a USDC loan of about $25 million through the institution-focused lending protocol Clearpool.

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ForkLog 12 03.05.2022

Millennium hedge fund hires former Bitstamp and Coinbase executive

Prominent figure in the crypto industry, Hunter Merghart, has become chief operating officer for digital assets at Millennium Management, a hedge fund with about $53.5 billion in assets. The appointment is confirmed on his LinkedIn page.

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ForkLog 16 02.05.2022

Three Arrows Capital to relocate headquarters from Singapore to Dubai

The cryptocurrency hedge fund Three Arrows Capital plans to move its headquarters from Singapore to Dubai, Bloomberg reports.

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ForkLog 14 02.05.2022

Report: 73% of institutions expect mass adoption of cryptocurrencies

79.6% of retail and 72.6% of institutional investors are confident in the broad adoption of digital assets over the next decade. The results come from Bitstamp's survey.

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ForkLog 9 29.04.2022

Former JPMorgan Metaverse Chief Joins Apollo Global Management

Christine Moy, who led JPMorgan's Onyx Metaverse Department, has moved to Apollo Global Management with assets of $450 billion. She will focus on investing in Web3 startups, Bloomberg reports.

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ForkLog 9 29.04.2022

US Labor Department concerned by Fidelity’s Bitcoin initiative for retirement accounts

The U.S. Department of Labor said it has “serious concerns” about Fidelity Investments' plan to allow clients to accumulate Bitcoin in 401(k) retirement accounts. The Wall Street Journal reports.

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ForkLog 10 27.04.2022

Ex-Jefferies executives to launch a Bitcoin exchange for institutional traders

Former Jefferies investment-bank employees Brandon Malvihill and Anthony Mazzarese will launch an institutionally focused cryptocurrency trading platform, Crossover Markets Group. Bloomberg reports.

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ForkLog 19 26.04.2022

Fidelity Investments to allow clients to hold bitcoin in 401(k) retirement accounts

Fidelity Investments plans to provide clients with the ability to accumulate bitcoins in 401(k) retirement accounts with the consent of their employers. The Wall Street Journal reports.

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ForkLog 9 19.04.2022

Framework Ventures to launch a $400 million fund

Framework Ventures has raised $400 million to create a new investment fund.

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