Institutional Investors and Whales

ForkLog 7 19.12.2020

Institutional Bulletin: Coinbase Files for IPO as Wall Street Bets Big on Bitcoin

The cryptocurrency industry is attracting more and more institutional players. This is reflected in both growing investment in infrastructure and the increasingly close attention they pay to Bitcoin as an asset class. The most important developments of the past weeks are in ForkLog's overview.

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ForkLog 9 19.12.2020

Jefferies Investment Firm Partially Shifts From Gold to Bitcoin

The New York–based investment firm Jefferies has bet on bitcoin in its global pension-fund portfolio, marking the first partial shift away from gold in years, according to Business Standard citing Chris Wood.

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ForkLog 8 17.12.2020

Bitwise crypto fund share premium over cryptocurrencies hits 660%

The Bitwise 10 Crypto Index Fund shares trade at 7.6 times the NAV of the basket of ten cryptocurrencies, including Bitcoin and Ethereum, that underlie the fund.

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ForkLog 14 17.12.2020

Guggenheim Partners Forecast Bitcoin to Reach $400,000

Bitcoin price is expected to rise to $400,000, according to Guggenheim Partners' investment chief Scott Minerd on Bloomberg TV.

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ForkLog 15 17.12.2020

Billionaire Alan Howard backs hedge fund that invested $600 million in Bitcoin

A discreet hedge fund that bets on volatility has purchased more than $600 million worth of Bitcoin and joined forces with Brevan Howard Asset Management co-founder Alan Howard, Bloomberg reports.

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ForkLog 8 16.12.2020

Ruffer Investment confirms bitcoin purchase worth $744 million

The British investment company Ruffer Investment confirmed, in response to a journalist's inquiry from Zack Voell, that it holds more than $740 million worth of bitcoin.

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ForkLog 12 16.12.2020

British Ruffer Investment Company with $27bn assets invests in Bitcoin

British investment company Ruffer Investment Company allocated 2.5% of its portfolio to Bitcoin as a hedge against the depreciation of world currencies. The move was disclosed in a letter to shareholders.

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ForkLog 4 14.12.2020

JPMorgan: Institutional investors could pour up to $600 billion into Bitcoin

Family offices, pension funds and other large investors could direct up to $600 billion into Bitcoin, following the MassMutual example. This view is held by analysts at JPMorgan Chase & Co., Bloomberg reports.

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ForkLog 23 13.12.2020

Fidelity CEO: Our Bitcoin custody business has proven incredibly successful

The cryptocurrency custody service launched by Fidelity Investments' digital assets division in October 2019 has proven to be an “incredibly successful” business, according to CEO Abigail Johnson.

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ForkLog 7 13.12.2020

Study finds retail investors buy Bitcoin during price rallies, unlike whales

Large investors among institutions and individual whales booked profits during Bitcoin's autumn rally, largely buying on pullbacks and selling at local highs. This is stated in a recent OKEx exchange study.

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ForkLog 17 11.12.2020

MicroStrategy raises $650 million for Bitcoin purchase

The analytics software provider MicroStrategy Inc. announced a $650 million debt financing. The funds are intended for investment in Bitcoin.

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ForkLog 9 11.12.2020

MetaMask to release institutional version of Ethereum wallet

The Ethereum company ConsenSys announced an imminent release of an institutional version of the popular MetaMask wallet.

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