Search
Morgan Stanley equity fund owns 28.2K shares of Grayscale Bitcoin Trust, per SEC
28.6.2021
The investment bank reported owning a significant stake in GBTC as of April 30, according to a recent filing with the SEC
KAVA Labs Unveils the Kava SAFU Fund for Community
28.6.2021
Hailing as a top-tier DeFi portal devoted to providing a robust suite of services for developers, KAVA Labs has proudly announced the launch of its highly-anticipated project, Kava SAFU Fund, a dedicated on-chain community pool. The SAFU Fund will help enhance the platform’s security standards...
Colombian capital supports blockchain and emerging tech with $2.3M fund
25.6.2021
Blockchain development is one of four major programs in Bogotá’s new tech innovation fund
Andreessen Horowitz Says Crypto Is ‘the Future of Finance’ — Launches $2.2 Billion Crypto Venture Fund
25.6.2021
Andreessen Horowitz, the Silicon Valley venture capital firm founded by Marc Andreessen and Ben Horowitz, has announced the launch of a $2.2 billion crypto fund. The firm is “radically optimistic about crypto’s potential to restore trust and enable new kinds of governance.”...
Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares
24.6.2021
Cathie Wood, the founder of Ark Invest, bought the dip this Tuesday when Bitcoin prices tumbled below $30K. According to reports, Ark acquired more than one million shares of the Grayscale Bitcoin Fund. The company also bought more Coinbase shares. Wood has a positive stance on crypto and keeps...
Andreessen Horowitz launches biggest-ever crypto venture fund at $2.2B
24.6.2021
The Silicon Valley venture firm is doubling down on blockchain technology, having already supported several crypto startups over the years
NFT Marketplace Rarible Raises Over $14 Million, Plans to Launch on Flow Blockchain
24.6.2021
The non-fungible token (NFT) marketplace Rarible has revealed the company has raised $14.2 million in a Series A funding round. Rarible details the funds will be leveraged to take NFTs to the mainstream and announced integration with the consumer-centric blockchain called Flow. Rarible Raises...
JPMorgan Survey: 49% of Institutional Investors Agree Cryptocurrency Is ‘Rat Poison’ as Warren Buffett Says or a Fad
24.6.2021
Investment bank JPMorgan conducted a survey of thousands of investors from 1,500 institutions and found that 49% of them think that cryptocurrency is either “rat poison squared,” the term used by Berkshire Hathaway CEO Warren Buffett to describe bitcoin, or “a temporary...
Visa, Paypal Invest in Crypto-Focused Blockchain Capital’s New $300 Million Fund
23.6.2021
Visa Inc. and Paypal have invested in Blockchain Capital’s new fund. The venture capital firm focuses exclusively on the crypto ecosystem and blockchain technology. Blockchain Capital Raises $300M for Its New Fund Blockchain Capital announced Tuesday that it has raised $300 million for...
Coinbase Approved to Enter Japanese Cryptocurrency Market
23.6.2021
Coinbase is now registered as a cryptocurrency exchange to operate in Japan. The Japanese financial regulator has approved Coinbase to trade five cryptocurrencies. Japan’s top financial regulator, the Financial Services Agency (FSA), announced last week that it has registered Coinbase as...
Nasdaq Dubai rolls out trading for 3iQ’s Bitcoin Fund
23.6.2021
3iQ launched its Bitcoin Fund trading on Nasdaq Dubai after receiving regulatory clearance for a dual listing in April
Hedge fund that shorted GameStop closes as $1.13B GME stock offer completes
23.6.2021
GameStop has completed a stock offer worth nearly $1.13 billion to fund growth, while a hedge fund that incurred losses from shorting GME is closing down
Vaneck Files Prospectus With US Regulator to Launch a Bitcoin Mutual Fund
23.6.2021
On June 21, the wealth manager Vaneck filed a prospectus to launch what it calls a Bitcoin Strategy Fund. The prospectus filed with the U.S. Securities and Exchange Commission (SEC) explains the fund will procure bitcoin exchange-traded products and futures. Vaneck’s Fund Will Invest...
VanEck files for a new Bitcoin futures mutual fund with US SEC
22.6.2021
VanEck’s new “Bitcoin Strategy Fund” will invest in BTC futures, pooled investment vehicles and exchange-traded products providing exposure to Bitcoin
‘Big Short’ Investor Michael Burry Warns of ‘Mother of All Crashes’ — Says Crypto’s Problem Is Leverage
21.6.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of “the mother of all crashes.” He further explained that the problem with cryptocurrency is the leverage. Michael Burry Warns of Mother of All Crashes Famous investor and founder of private...
SEC Seeks Commentary From ‘Interested’ Individuals on Vaneck Bitcoin ETF
17.6.2021
The U.S. Securities and Exchange Commission (SEC) is currently seeking additional commentary from the public, as the regulating body ponders the Vaneck bitcoin exchange-traded fund (ETF) decision. In a notice published on Wednesday, the SEC thinks “interested persons” should provide...
Bank of America Survey: Most Fund Managers Say Bitcoin Is a Bubble, Inflation Is Transitory
17.6.2021
The latest Bank of America’s Global Fund Manager Survey shows that “long bitcoin” is now the second most crowded trade. Moreover, most fund managers believe bitcoin is in a bubble and agree with the Fed that inflation is transitory. Bank of America’s June Fund Manager Survey...
Entertainment Giant Fox Teams up With Bento Box to Manage $100 Million NFT Creator Fund
16.6.2021
Fresh off the heels of announcing a non-fungible token (NFT) organization called Blockchain Creative Labs and a blockchain-based animated series, Fox Broadcasting Company has revealed it’s invoked a $100 million fund with Bento Box Entertainment (BBE) that aims to bolster NFT content...
Bitwise secures $70M in Series B funding from major Wall Street investors
16.6.2021
Bitwise has attracted significant investment from major American institutional investors to the tune of $70 million
Hedge Funds Aim for $300 Billion in Crypto Assets Within 5 Years, Survey Shows
16.6.2021
Hedge funds are likely to significantly increase their crypto holdings, a global poll of chief financial officers has indicated. According to an average figure based on their forecasts, the funds will keep more than 7% of assets in cryptocurrency within the next five years. Hedge Fund CFOs Expect...