Search
Goldman Sachs Survey Shows Family Offices Are Flocking to Crypto Investments
22.7.2021
High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset investments. A Goldman Sachs executive further said that a large portion of...
Bitcoin security still a concern for some institutional investors
21.7.2021
Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests
Many JPMorgan clients see Bitcoin as asset class, says senior exec
21.7.2021
“The volatility you see in it today just has to play itself out,” JPMorgan's director of asset and wealth management said
No, Jackson Palmer, you are wrong about crypto
21.7.2021
It is not the cryptocurrency industry that is an exploitative hustle, it is our capitalist world, and crypto is here to change it for good
MakerDAO Decentralizes, New Crypto Investments + More News
20.7.2021
Source: Adobe/Сергей Шиманович
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
____
Decentralization news
MakerDAO (MKR) is now completely decentralized, Rune Christensen, CEO of the Maker...
Majority of Institutions to Hold Digital Assets in Near Future, Survey Suggests
20.7.2021
Most institutional investors look forward to adding digital assets to their portfolios, in spite of concerns over crypto market volatility. More than half of the respondents in a new survey conducted by Fidelity’s crypto subsidiary have revealed they already have digital asset investments....
Stock-to-flow model possibly invalidated as Bitcoin price loses $30K
20.7.2021
Plan B’s stock-to-flow model is the closest it’s ever been to being invalidated as Bitcoin stagnates in the $30,000 range
Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warnings by Regulators
20.7.2021
Investment advisor and former Prudent Bear Fund manager David Tice has warned about investing in bitcoin. Citing “negative statements” by central bankers and regulators, such as the Bank of England, he said that it is “very dangerous to hold” bitcoin today. Investment...
Grayscale Investments Launches Defi Fund — Now Offers 15 Crypto Investment Products
20.7.2021
Grayscale Investments has launched a decentralized finance (defi) fund. The new defi fund is the crypto asset manager’s 15th investment product and its second diversified product. “The emergence of decentralized finance protocols provide clear examples of technologies that can redefine...
Binance Quits Stock Token Trading as Hong Kong Adds to Mounting Regulatory Pressure
17.7.2021
Cryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not licensed to provide such services in...
German Bank Comdirect Now Offers 11 Cryptocurrency ETPs in Savings Plan
17.7.2021
German bank Comdirect, with about three million customers, is now offering 11 cryptocurrency exchange-traded products (ETPs). “Comdirect has succeeded in significantly bridging crypto investments to retirement plans, something that our clients have longed for a while,” the bank said....
BlackRock CEO signals low demand for crypto from long-term investors
14.7.2021
“We see very little in terms of investor demand” for crypto, BlackRock CEO said
Visa to approve Bitcoin spending card for Australian startup CryptoSpend
14.7.2021
Crypto debit cards continue to catch on as an Australian digital assets start-up gets approval from Visa to release a spending card down under
21Shares partners with German brokerage to offer crypto ETPs for savings accounts
13.7.2021
“We are very excited to offer German clients who wish to add Bitcoin and other crypto assets to their savings plan a compelling option to do so thanks to comdirect,” said Hany Rashwan, CEO of 21Shares
Oldest US Bank BNY Mellon to Provide Grayscale Bitcoin Trust With Asset Servicing and ETF Services
13.7.2021
Grayscale Investments has engaged the oldest bank in the U.S., BNY Mellon, to provide asset servicing for its bitcoin trust. The bank will also provide ETF services for the bitcoin trust upon its conversion to an exchange-traded fund (ETF). Grayscale Teams up With BNY Mellon Grayscale Investments...
Hedge funds see the crypto market decline as an investment opportunity
13.7.2021
From rebalancing cash positions to announcing new investment products, hedge funds seem undeterred by the current crypto market decline
Indian Bank Blocks Use of RBI’s Remittance System for Crypto While Government Delays Bill
13.7.2021
Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank in India, has updated its retail outward remittance application to include cryptocurrency. With...
Australian government awards $4M in grants to two blockchain startups
13.7.2021
The new investment aims to explore blockchain’s capability to expand the competitiveness of Australia’s critical minerals and food and beverage industries
UK Advertising Watchdog to Crack Down on ‘Misleading’ Crypto Ads
13.7.2021
The Advertising Standards Authority (ASA), the U.K. advertising watchdog, declared it would crack down on misleading ads promoting cryptocurrency investments. The organization will include cryptocurrency campaigns as a “red alert” priority in the financial marketing department....
Fidelity’s Crypto Branch to Increase Staff by 70%, President Sees ‘More Interest in Ether’
13.7.2021
According to Tom Jessop, president of Fidelity Digital Assets, the company is planning to increase staff by 70% because demand for cryptocurrencies continues to keep the firm busy. Fidelity Digital Assets, the subsidiary of the wealth management firm Fidelity Investments Inc., has also seen...