Institutional Investors and Whales

ForkLog 16 14.01.2021

Mike Novogratz: Institutions have not yet fully grasped the crypto market

Institutional investors, who discovered cryptocurrencies about six months to a year ago, are not even close to satisfying their interest. We are only at the beginning of the path to the emergence of asset managers, insurance companies and other large players, says Galaxy Digital founder Mike Novogratz.

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ForkLog 14 14.01.2021

Grayscale Investments to liquidate XRP-based investment trust

Grayscale Investments has announced the liquidation of its XRP-based investment trust. The decision was influenced by the SEC's lawsuit against Ripple filed on December 23.

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ForkLog 23 13.01.2021

Gemini Custody assets surpass $10 billion

The total amount of cryptocurrency held in custody at Gemini Custody surpassed $10 billion.

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ForkLog 19 13.01.2021

Fidelity Invested $6.7 Million in Operator of Regulated Cryptocurrency Exchange OSL

Fidelity Investments’ digital-asset division has increased its investment in BC Technology Group, operator of the institutional digital-asset platform OSL. The article appears in Business Times.

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ForkLog 14 12.01.2021

Glassnode: Bitcoin whales capitalised on a sharp pullback to build positions

Major holders of the first cryptocurrency on January 11 did not give in to panic amid the recent price drop and increased their positions, according to Glassnode.

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ForkLog 17 12.01.2021

Institutions bought more than 1 million BTC, worth about $40 billion at current prices

Last year, institutions bought more than 1 million BTC (5.57% of the cryptocurrency's circulating supply) worth about $40 billion, according to Bitcoin Treasuries.

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ForkLog 23 12.01.2021

Bakkt CEO rules out adding XRP to new products

The Ripple XRP token is not a candidate for future listings on Bakkt's institutional platform for trading Bitcoin derivatives. In the Axios Re podcast, Gavin Michael, the new chief executive, said.

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ForkLog 12 11.01.2021

Opinion: Ethereum to Rise Thanks to Institutional Investors

Ethereum is poised for further growth, as evidenced by interest from institutional clients of custodian Northern Trust, according to Dan Tapiero, founder of DTAP Capital, in the Breakdown episode.

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ForkLog 30 09.01.2021

Coinbase acquires Routefire, an institutional-investor–focused startup

The largest U.S.-based bitcoin exchange Coinbase has acquired Routefire, a service specialising in executing large cryptocurrency trades.

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ForkLog 20 06.01.2021

SkyBridge Capital launches Bitcoin fund with $310 million in assets

SkyBridge Capital has launched a Bitcoin-based fund with $310 million in assets, Reuters reports.

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ForkLog 17 31.12.2020

Bitcoin custodian Xapo to cease operations in the United States

The Xapo custody service will cease serving US clients as of March 1, CoinDesk reports.

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ForkLog 17 30.12.2020

Hong Kong’s GreenPro Capital to Invest $100 Million in Bitcoin

The price of GreenPro Capital stock on NASDAQ rose from $1.27 to $3.09 after the Hong Kong company's announcement of plans to invest $100 million in Bitcoin in 2021.

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#Institutional Investors and Whales