Tag Archives: institutional

[ad_2][ad_1] The New York Digital Investments Group (NYDIG) raised $ 150 million for two new funds to invest in cryptocurrencies, a move that underscores the one-stop crypto shop’s skyrocketing influence on the institutional bitcoin scene. As revealed in two US Securities and Exchange Commission documents, NYDIG Digital Assets Fund I …

[ad_2][ad_1] According to Raoul Pal, founder and CEO of Global Macro Investor and Real Vision, bitcoin could reach $ 150,000 by November 2021, and this would be the most conservative scenario. Pal believes that Bitcoin could even reach $ 250,000 due to the large amount of institutional money currently flowing …

[ad_2][ad_1] Litecoin’s price is currently $ 86.76, but some investors are paying a lot more to buy the digital asset. The Grayscale Litecoin Trust is trading at a premium of 3.193% over the NAV. Grayscale is known for its massive Bitcoin investments, but the trust fund has also bought Ethereum, …

[ad_2][ad_1] Coinbase revealed that it had “a capital explosion coming”. His assets in custody they currently total $ 20 billion, of which $ 14 billion has been accumulated since April. Coinbase highlights a number of bullish events that “really unleashed” a wave of institutional adoption. Coinbase has $ 20 billion …

[ad_2][ad_1] Leading digital asset manager Grayscale is on the cusp of a major milestone. New numbers on Grayscale’s crypto products show that the company now has $ 9.8 billion in assets under management (AUM), which is fast approaching the $ 10 billion mark. $ 200 million to go to https://t.co/vnQWM2dz2a …

[ad_2][ad_1] Bitcoin Bull Michael Novogratz’s company Galaxy Digital has acquired two cryptocurrency companies in preparation to meet a “larger wave of institutional demand” for bitcoin. Big wave of institutional demand for Bitcoin is coming Galaxy Digital Holdings announced on Friday that it has acquired two cryptocurrency trading firms: Drawbridge Lending …

[ad_2][ad_1] Hedge fund manager Brian Kelly says the growing number of institutional investors owning bitcoin is due to the digital currency’s fundamental value proposition: a fixed coin offering. On the other hand, the same interest from institutional investors is helping to build confidence in the leading cryptocurrency by eliminating some …

[ad_2][ad_1] Ripple CEO Brad Garlinghouse investigated companies buying Bitcoin last week as the climatic effects of proof-of-work cryptocurrencies, such as BTC, could be met with strict rules if Democrat Joe Biden is elected president of the United States. . As of press time, Biden has 290 electoral votes in the …

[ad_2][ad_1] Cryptocurrency market maker Amber Group will serve its clientele of institutional traders with the help of BitGo Trust, the custody arm of the Palo Alto-based security firm. BitGo’s status as a qualified custodian is expected to attract more high net worth investors to Amber from places like Hong Kong, …

[ad_2][ad_1] JPMorgan highlighted evidence of institutional demand for bitcoin and investors moving from gold-traded funds (ETFs) to cryptocurrency. The firm points out that bitcoin demand is driven not only by young retail investors, but also by institutional investors, such as family offices and asset managers. Gold ETF investors switching to …