Search
Grayscale Investments Clears Out XRP in Its Digital Large Cap Fund
6.1.2021
Grayscale has sold all of its XRP holdings to purchase bitcoin, ether, and other crypto assets. In an announcement made earlier today, Grayscale made it known that the firm has sold all of its XRP tokens from the Digital Large Cap Fund. Grayscale Sells Off All XRP Holdings There appears to be more...
Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535K
5.1.2021
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge...
Gambling Tech Giant IGT Patents Way to Fund Bets With Bitcoin
5.1.2021
IGT's bitcoin funding patent comes as the gambling tech giant's plans for cashless wagering move forward
Grayscale Drops XRP From Large Cap Crypto Fund Following Ripple SEC Suit
5.1.2021
The digital asset manager announced that it ditched XRP on Dec. 31. No word on the fate of the Grayscale XRP Trust
The US Dollar’s Share of Global Reserve Currencies Drops as Japanese Yen’s Share Increases
5.1.2021
The U.S. dollar’s dominant position as the reserve currency of choice may be in peril, as its share of global currencies held in reserves continues to decline. International Monetary Fund (IMF) data shows, the dollar’s share of reserves dropped from 66% in Q3 of 2014 to just above...
SkyBridge’s Bitcoin Cache Rises to $310M
4.1.2021
SkyBridge's bitcoin investment has already climbed to more than $300 million, mostly due to price appreciation in the past couple of months
Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation
2.1.2021
Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts...
Vaneck Files New Bitcoin ETF Proposal With SEC Under New Administration
31.12.2020
After successfully launched a bitcoin exchange-traded product in Europe, Vaneck has now filed a new proposal for a bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Under former chairman Jay Clayton, the SEC never approved a bitcoin ETF. However, Clayton...
Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million Loan
31.12.2020
The Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds. In addition to the borrowed funds, Greenpro, through its subsidiary Cryptosx, says it plans to use its own cash resources to acquire the digital asset. The financial...
US Regulator Sues Crypto Hedge Fund Founder — $25 Million in Digital Assets to Be Frozen
26.12.2020
The U.S. Securities and Exchange Commission has filed a lawsuit against a cryptocurrency hedge fund founder for fraud. The regulator is seeking an emergency order freezing $25 million in digital assets held by a crypto hedge fund he controls. Crypto Hedge Fund Founder Sued in the US The U.S....
Portnoy’s small business relief fund now accepting Bitcoin, crypto donations
25.12.2020
Barstool Media’s charity drive helping small businesses has enabled cryptocurrency donations
The US SEC Fines Shipchain $2 Million for Conducting an Unregistered Token Offering: Company Agrees to Cease Operations
24.12.2020
The US Securities and Exchange Commission (SEC) has issued a cease and desist order against Shipchain and ordered it to pay a penalty of $2.05 million. Additionally, the regulator has directed Shipchain, a shipping and logistics company, to transfer Ship tokens in the possession or control of...
Crypto Hedge Fund Founder Stefan Qin Accused of Fraud by SEC
24.12.2020
The Securities and Exchange Commission (SEC) is accusing the founder of hedge fund Virgil Capital which specializes in cryptocurrency arbitrage, of fraud
A Quick Guide to Nasdaq 100 Mutual Fund
24.12.2020
Introduction The Nasdaq is an acronym for the “National Association of Securities Dealers Automated Quotations,” a platform for buying and selling a range of securities. It is the world’s first electronic stock exchange program and encompasses over 103 equity securities issued by over 100 largest...
Korean crypto investment company launches $100 million fund for blockchain projects
23.12.2020
South Korea’s Hashed has established a new fund to finance emerging blockchain startups
Skybridge Bitcoin Fund Launches With $25 Million: Anthony Scaramucci Expects ‘Avalanche of Institutional Investors’
23.12.2020
Global investment firm Skybridge Capital has launched a bitcoin fund with $25 million. The founder of the company, Anthony Scaramucci, is bullish about bitcoin. “It’s the first inning,” he said, adding that “You are about to see that wave of early adoption by...
Bitwise Liquidates XRP Position in Crypto Index Fund Following SEC Suit Against Ripple
23.12.2020
Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund
Which is better, ETF or Mutual Fund? Investments and Returns
23.12.2020
Introduction Exchange-traded funds (ETFs) and mutual funds have many similarities between them, and both offer an excellent opportunity for investors to diversify their portfolios. The main difference between the two lies in the way they are actively managed. ETFs are traded like any other stocks...
Best Gold Mutual Fund
23.12.2020
Gold has been used as a currency from time immemorial, but investing it as an instrument to accumulate more wealth is a whole new concept. Gold funds act as an excellent diversified portfolio for creating a hedging strategy to protect against inflation, falling currency prices ,or stock market...
South Korea’s Hashed Raises $120M Venture Fund for Crypto Deals
23.12.2020
Hashed Ventures has raised $120 million for a fund that will be focused on a new era of distributed networks