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Bitcoin frenzy drives 900% surge in assets for crypto investment firm Grayscale

Institutional investors .....»»

Category: topSource: businessinsiderJan 14th, 2021

Spot Bitcoin ETFs See $36M Net Outflows, Grayscale Bleed Continues

Investors appear to be exercising caution in the crypto market, with data revealing significant outflows from Bitcoin spot ETFs on Monday. read more.....»»

Category: blogSource: benzingaApr 16th, 2024

Crypto Analyst Warns Bitcoin"s Impending Correction As Rally Falters: "We Are Bearish Risk Assets"

This adjustment, combined with persistent inflation and a robust labor market, has propelled the 10-year Treasury yield to its highest level since November 2023, thus diminishing the allure of riskier investments. read more.....»»

Category: blogSource: benzingaApr 16th, 2024

Bitcoin Halving May See Rise In King Crypto Sales, Forecasts Crypto.Com CEO, But "Decent Action" Anticipated Within Next Six Months

In the lead-up to the ‘halving’ event, Crypto.com CEO Kris Marszalek anticipates a surge in Bitcoin (CRYPTO: BTC) sales. This event, expected to significantly boost Bitcoin’s price over time, is predicted to occur around Apr. 20. read more.....»»

Category: blogSource: benzingaApr 16th, 2024

"Bitcoin Is Just An Extractive Bubble," Says Portfolio Manager, As Blackrock"s Acceptance Fails To Quell Finance Sector Critics

Despite the endorsement of Bitcoin (CRYPTO: BTC) by investment heavyweight BlackRock Inc. (NYSE:BLK), skepticism about the cryptocurrency persists among many finance professionals. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Bitcoin, Stablecoins, Tokenization: BlackRock"s Crypto Strategy Explained

BlackRock (NYSE:BLK), the world’s largest asset manager with $10 trillion in assets under mangement, has been steadily building a multifaceted crypto strategy read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Will Bitcoin Hit $100K Sooner Than Expected, Thanks To Chinese Asset Managers And Hong Kong"s Major ETF Push?

Despite China’s firm ban on cryptocurrency trading, Hong Kong, closely tied to the mainland, could inadvertently play a pivotal role in Bitcoin‘s (CRYPTO: BTC) ascent to a read more.....»»

Category: blogSource: benzingaApr 12th, 2024

"We"re High On" Bitcoin, Says Ultra Rich Investment Club, Believing the Coin "Is a Corollary Almost to Gold"

Barbara Goodstein of the R360 Club advocated for Bitcoin (CRYPTO: BTC) as a top-tier investment for the club’s ultra-wealthy members. read more.....»»

Category: blogSource: benzingaApr 11th, 2024

"Rich Dad Poor Dad" Author Robert Kiyosaki Echoes Cathie Wood"s Bold $2.3M Bitcoin Call, Says "Live Dangerously"

Renowned author Robert Kiyosaki has publicly endorsed Cathie Wood’s bullish prediction for Bitcoin (CRYPTO: BTC), advocating for bold investment approaches. read more.....»»

Category: blogSource: benzingaApr 11th, 2024

DeFi Token Yearn.Finance Outperforms Bitcoin, Grows Over 40% Overnight

The price of the token of decentralized finance (DeFi) protocol Yearn.Finance (CRYPTO: YFI) saw a significant surge over the past 24 hours. read more.....»»

Category: blogSource: benzingaMay 25th, 2021

Cathie Wood Loads Up Yet Another $51M In Coinbase As Shares Slump Amid Bitcoin-Led Crypto Carnage

Cathie Wood-led Ark Investment Management on Friday snapped up another 223,181 shares, worth about $50.7 million, in Coinbase Global Inc (NASDAQ: COIN) as the cryptocurrency exchange stock staged a fresh dip. read more.....»»

Category: blogSource: benzingaMay 23rd, 2021

Crypto assets are not a "real investment" because their fundamentals are weak, says top ECB official

Crypto assets have "very weak fundamentals and are "subject to a lot of volatility," ECB VP Luis de Guindos told Bloomberg on Wednesday. European Central Bank Vice President Lui.....»»

Category: dealsSource: nytMay 19th, 2021

The Tell: Why the China crypto crackdown helped spark a bitcoin crash — and could feed a backlash

China's move to restrict crypto activity may have helped spark a broad selloff for digital assets. But the move, which appears aimed at bolstering the country's own digital yuan efforts, could backfire, says one analyst......»»

Category: topSource: marketwatchMay 19th, 2021

New crypto ETF embraces Coinbase, skims Bitcoin

This ETF offers exposure to cryptocurrencies through public companies that operate in the space giving investors a slice of assets that are challenging to access......»»

Category: topSource: foxnewsMay 15th, 2021

Ackman says wouldn"t invest firm"s assets in Bitcoin

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 12th, 2021

Main Line investment advisor buys Massachusetts firm, adds $725M in assets

The buyer says the deal enhances its wealth and investment management capabilities for high-net-worth individuals......»»

Category: topSource: bizjournalsMay 11th, 2021

Cryptos: Ethereum price swoons after record peak, bitcoin momentum fizzles as crypto market faces late-Monday slump

Crypto assets experienced a sudden retreat Monday afternoon, with Ethererum prices pulling back firmly after reaching a record above $4,200......»»

Category: topSource: marketwatchMay 10th, 2021

Crypto Mining Might Be In Danger In The State Of New York With This New Bill

A bill proposed in the New York State could force local miners of Bitcoin (CRYPTO: BTC) and other crypto assets to move or stop their activities for three years. read more.....»»

Category: blogSource: benzingaMay 7th, 2021

Over 1100% Surge In Bitcoin Revenue Drives Square"s Q1 Earnings Beat: What You Need To Know

Square Inc’s (NASDAQ: SQ) Cash App generated 11 times more revenue from Bitcoin (BTC) in the first quarter of 2021 compared with a similar period last year. read more.....»»

Category: blogSource: benzingaMay 6th, 2021

S&P Launches Bitcoin, Ethereum, Crypto Mega Cap Indexes

S&P Dow Jones Indices launched its first three crypto indexes on Monday, according to a report from CoinDesk. What Happened: The three indexes will measure the performance of digital assets listed on registered open exchanges. read more.....»»

Category: blogSource: benzingaMay 4th, 2021

Coinbase investor Fred Wilson said bitcoin could be a "fantasy" when he first invested in 2013. His firm"s stake is now worth a whopping $4.6 billion, or 1,840 times its initial investment

The legendary investor didn't think mu.....»»

Category: topSource: businessinsiderApr 30th, 2021