Institutional Investors and Whales

ForkLog 15 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 6 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 10 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 16 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 11 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 10 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 14 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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ForkLog 12 02.02.2021

21Shares to launch world’s first Polkadot-based ETP

The Swiss company 21Shares announced the launch of an exchange-traded product (ETP) based on Polkadot, aimed at institutional investors.

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ForkLog 23 02.02.2021

From Denial to Acceptance: How Billionaires Are Embracing Cryptocurrencies

Adoption of cryptocurrencies worldwide is rising, but with rare exceptions it has not yet reached the financial elite—those recognised leaders of business and investment, whose one phrase can set the trend for almost the entire market.

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ForkLog 8 31.01.2021

BlockFi to Launch a Competitor to Grayscale’s Bitcoin Trust

The crypto-lending platform BlockFi filed with the U.S. Securities and Exchange Commission (SEC) an application to launch the Bitcoin Trust investment fund.

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