Institutional Investors and Whales

ForkLog 9 15.02.2021

Executives from Robinhood, Citadel, Melvin Capital and Reddit to testify before the U.S. Congress

Executives from the companies involved in the GameStop stock saga will testify at a hearing before the U.S. House Committee on Financial Services.

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ForkLog 10 13.02.2021

Deutsche Bank to launch custody service for cryptocurrencies

The Deutsche Bank group plans to launch a custody service for cryptocurrencies aimed at major investors. This follows the World Economic Forum (WEF) report from December 2020.

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ForkLog 11 12.02.2021

Grayscale registers yEarn.Finance trust as YFI climbs to $46,000

Grayscale Investments, the largest asset manager in crypto, could potentially launch a trust based on the DeFi project token yEarn.Finance. The investment product has been registered by a trusted representative of the firm — Delaware Trust Company (DTC).

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ForkLog 10 10.02.2021

Coin Metrics: Whales Invest in Ethereum as Price Rises

Since the start of 2021, the number of wallets holding at least 10,000 ETH rose from 1,150 to more than 1,250, according to Coin Metrics.

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ForkLog 5 09.02.2021

BlockFi launches a competitor to Grayscale’s Bitcoin Trust

BlockFi launches the Bitcoin Trust investment fund, according to a press release.

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ForkLog 10 09.02.2021

Thailand’s biggest bank launches $50 million blockchain fund

SCB 10X, the venture arm of Thailand's oldest bank, Siam Commercial Bank, has a $50 million fund. It will focus on investments in startups aimed at the next generation of financial services and digital systems. CoinDesk reports.

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ForkLog 9 07.02.2021

Bill Miller’s fund plans to invest up to $337 million in Bitcoin

Founded by famed investor Bill Miller, Miller Opportunity Trust, with assets of $2.25 billion, plans to invest 15% of them in Grayscale Bitcoin Trust, according to a filing with the U.S. Securities and Exchange Commission.

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ForkLog 13 06.02.2021

Grayscale Investments’ assets under management exceed $30 billion

Against a backdrop of market growth and the resumption of deposits into the Ethereum Trust, Grayscale Investments' total assets under management (AUM) rose above $30 billion.

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ForkLog 8 05.02.2021

Australian pleads guilty to $90 million cryptocurrency scam

U.S. prosecutors charged the 24-year-old Australian citizen Stefan He Qing with fraud in managing the New York-registered cryptocurrency hedge fund Virgil Sigma. The defendant admitted to misappropriating $90 million during the proceedings.

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ForkLog 13 04.02.2021

NYDIG forecasts assets under management to reach $25 billion

New York Digital Investment Group (NYDIG) expects that by the end of the current year the assets under management will rise from $6 billion to $25 billion. This statement was made by its founder Ross Stevens at the MicroStrategy World 2021 conference, according to The Block.

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ForkLog 9 03.02.2021

Justin Sun loses $7.5 million on WallStreetBets bets

Justin Sun, founder of Tron, built a portfolio of assets promoted by r/WallStreetBets participants on Reddit, which lost about 70% of its value in two days.

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ForkLog 8 02.02.2021

Robinhood chief executive to testify before U.S. Congress

The U.S. House Financial Services Committee will examine the actions of the crypto-friendly Robinhood platform during the GameStop stock rally, Politico reports, citing sources familiar with the matter.

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