Institutional Investors and Whales

ForkLog 8 03.12.2020

German private bank to launch cryptocurrency fund

An investment company created by the German private bank Hauck & Aufhäuser Privatbankiers AG for digital assets and the fintech Kapilendo announced a joint launch of a cryptocurrency fund.

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ForkLog 11 02.12.2020

BitLicense creator-linked firm raises $150m across two new Bitcoin funds

The New York Digital Investment Group (NYDIG), an asset-management firm, raised $150 million across two bitcoin funds targeting institutional investors.

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ForkLog 9 29.11.2020

Wall Street giant bets $500m on Grayscale Bitcoin Trust

Guggenheim Partners, the investment firm managing more than $200 billion in assets, said it intends to allocate part of its portfolio to the Grayscale Bitcoin Trust.

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ForkLog 24 28.11.2020

Institutional Roundup: Pantera Capital Reaps the Rewards of Its Bets as Coinbase Custody Bitcoin Assets Reach $20 Billion

The cryptocurrency industry is drawing an increasing number of institutional players. This is reflected in new investments in infrastructure and the growing attention they pay to bitcoin as an asset class. The most important developments of the past weeks are in ForkLog's roundup.

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ForkLog 9 27.11.2020

Opinion: Bitcoin Whales Prepare for Another Dump

Major holders of the first cryptocurrency are actively moving coins from wallets to exchanges. According to CryptoQuant's head of analytics Ki Young Ju, this signals a new wave of Bitcoin selling in the near term.

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ForkLog 12 26.11.2020

Glassnode: Bitcoin whale count hits all-time high

The number of large Bitcoin holders on addresses with more than 1,000 BTC has reached an all-time high.

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ForkLog 22 26.11.2020

Galaxy Digital Bitcoin funds attracted $58.7 million from institutions over the year

Led by Mike Novogratz, Galaxy Digital attracted $55.1 million in Galaxy Institutional Bitcoin Fund LP and $3.6 million in Galaxy Bitcoin Fund LP over the year since the funds' launch. The figures are contained in Form D filings with the U.S. Securities and Exchange Commission (SEC).

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ForkLog 12 25.11.2020

VanEck gains Bitcoin ETN listing on Europe’s third-largest exchange

VanEck announced the addition of physically backed Bitcoin ETNs to the list of tradable instruments. Trading has begun on Xetra, the German exchange operated by Deutsche Börse.

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ForkLog 8 25.11.2020

MicroStrategy earned nine times as much from bitcoin investments as in 2019

The value of the cryptocurrency MicroStrategy bought this year rose from $425 million to $735.2 million. The main business last year brought in $34.35 million.

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ForkLog 23 24.11.2020

Why Bitcoin Is Rising: Fundamental Drivers, Opinions, and Forecasts

The year 2020 proved not only tumultuous but also extraordinarily successful for bitcoin investors. Fueled by global uncertainty, turbulence in financial markets and currency devaluations, the price of the world’s first cryptocurrency approached December 2017 levels.

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ForkLog 15 23.11.2020

Institutional assets under Coinbase Custody rise to $20 billion

The volume of assets held in Coinbase's custody service has risen from $6 billion to $20 billion since April this year. These figures were provided by Coinbase's head of institutional sales, Brett Tejpol.

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ForkLog 36 21.11.2020

Tim Draper, Y Combinator and Pantera Invest in New Exchange

The Globe crypto-derivatives exchange raised $3 million in seed funding with backing from Pantera Capital, Y Combinator, Tim Draper’s Draper Dragon Fund, and Wavemaker Partners.

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