Meitu posts $2.6m loss on cryptocurrency investments
Meitu, the Hong Kong-listed photo-editing software maker, posted a $2.6 million loss for the second quarter from the negative revaluation of its cryptocurrency holdings.News and articles about 'whales' — large investors in the cryptocurrency market.
Meitu posts $2.6m loss on cryptocurrency investments
Meitu, the Hong Kong-listed photo-editing software maker, posted a $2.6 million loss for the second quarter from the negative revaluation of its cryptocurrency holdings.
Free TON partner suspected of exit scam
Members of the Free TON community drew attention to the behaviour of one of the project's partners—the MerkleTree.capital fund.
Study finds 82% of institutional investors plan to increase crypto exposure in portfolios
82% of institutional investors and private-capital managers plan to increase the share of digital assets in their portfolios by 2023. These results came from a survey conducted by the Nickel Digital crypto fund.
Marshall Wace, a $50 billion hedge fund, weighs crypto-industry investments
Britain's hedge fund Marshall Wace is considering investments in the digital assets industry. The move responds to growing demand from large asset managers.
Institutional investors increase investments in crypto funds for the first time in five weeks
Net inflows into crypto-based investment products from June 25 to July 2 amounted to a record $63 million. CoinShares, a digital asset management company, reports the data.
Bitcoin whales sharply boosted wallet balances after May sell-off
In early July, holders of Bitcoin addresses with balances from 100 to 10,000 BTC increased their positions by 60,000 BTC to 9.12 million BTC. Santiment analysts shared similar observations.
Aave to launch institutional-focused DeFi protocol
The Aave lending project will launch Aave Pro, an institutional-focused protocol, in response to rising demand.
Nickel Digital Asset Management freezes arbitrage trading after May market rout
The Nickel Digital Asset Management cryptocurrency hedge fund has halted implementation of strategies after the May market rout and is awaiting renewed optimism to resume operations. This was stated by the firm's CEO Anatoly Krachilov in an interview with Bloomberg.
Grayscale adds Cardano to Digital Large Cap Fund
The digital asset management company Grayscale Investments has included Cardano (ADA) as a component of the Digital Large Cap Fund.
JPMorgan: Ethereum 2.0 launch will turn staking into a $40 billion industry
The launch of Ethereum 2.0 with the switch to the Proof-of-Stake (PoS) consensus algorithm will turn cryptocurrency staking into a $40 billion-a-year industry and attract institutional investors. Forbes writes, citing a JPMorgan note.We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.