Institutional Investors and Whales

ForkLog 8 31.01.2021

Ark Invest outlines condition for Bitcoin to reach $500,000

Inclusion of the first cryptocurrency in institutional investors' portfolios with a share of only 2.5% would lift the price to $200,000 per coin. Ark Invest specialists stated this in their annual report.

AI translated

ForkLog 20 29.01.2021

Robinhood at the centre of the GameStop, Dogecoin and Reddit-trader scandal

Robinhood, a platform friendly to cryptocurrencies, has found itself at the centre of a financial scandal that threatens to reshape Wall Street's market practices. The situation surrounding GameStop and AMC Entertainment shares, hedge funds, and the Reddit community on the platform has already drawn the attention of the U.S. Congress.

AI translated

ForkLog 17 29.01.2021

BaFin employee charged with insider trading in Wirecard shares

BaFin has accused one of its employees of insider trading in the stock of the now-bankrupt fintech Wirecard. The regulator has filed a complaint with the Stuttgart public prosecutor's office. Reuters reports this.

AI translated

ForkLog 8 28.01.2021

Bitcoin fund raises $180 million in an IPO on the Toronto Stock Exchange

The asset manager Ninepoint Partners LP, which manages $7 billion, has completed the initial public offering (IPO) of its bitcoin fund on the Toronto Stock Exchange.

AI translated

ForkLog 10 28.01.2021

Grayscale applies to register six new investment trusts

On January 27, the asset-management company Grayscale Investments filed applications to register six new trusts: based on Aave, Polkadot, Cosmos, Monero, EOS and Cardano.

AI translated

ForkLog 6 28.01.2021

Ethereum’s realized market capitalization up $25bn since start of the year

Against the rapid rise in Ethereum, its realized market capitalization has increased by $25 billion since the start of the year, according to Coin Metrics.

AI translated

ForkLog 17 27.01.2021

Pantera Capital to launch bitcoin fund for institutional investors

Pantera Capital, led by Dan Morehead, announced the launch of a bitcoin fund for institutional investors. The Block reports.

AI translated

ForkLog 21 26.01.2021

Glassnode: Whales push Ethereum to new highs

Large Ethereum holders have created upward pressure on the price of the second-largest cryptocurrency, according to data from Glassnode.

AI translated

ForkLog 15 26.01.2021

US universities’ largest endowments have invested in Bitcoin

Several well-known U.S. universities have invested in Bitcoin through Coinbase and other cryptocurrency exchanges. CoinDesk reports, citing sources.

AI translated

ForkLog 10 23.01.2021

MicroStrategy Bets Another $10m on Bitcoin as Prices Slide

The analytics software provider MicroStrategy has purchased additional Bitcoin totaling $10 million. This follows a Friday disclosure to the U.S. Securities and Exchange Commission (SEC).

AI translated

ForkLog 13 22.01.2021

Grayscale poised to launch Chainlink and Tezos-based investment trusts

On December 18, filings were submitted to the Delaware Department of State's Division of Corporations to register Grayscale Chainlink Trust and Grayscale Tezos Trust. Cointelegraph suggested that the asset manager quietly sought to broaden options for its clients.

AI translated

ForkLog 12 22.01.2021

Grayscale Bitcoin Trust pulls in a record $1.2 billion in a week

Asset-management firm Grayscale Investments increased the Bitcoin Trust (GTBC) assets by a record $1.2 billion over the past week, according to the latest report to the U.S. Securities and Exchange Commission (SEC).

AI translated

#Institutional Investors and Whales