Institutional Investors and Whales

ForkLog 12 15.12.2021

Lemonade to own $1m of Bitcoin after Metromile deal

New York Stock Exchange-listed insurer Lemonade agreed to acquire competitor Metromile, which had previously invested in Bitcoin.

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ForkLog 15 09.12.2021

MicroStrategy buys 1,434 more BTC for over $80 million

Business analytics software provider MicroStrategy has purchased an additional 1,434 BTC for about $82.4 million.

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ForkLog 9 08.12.2021

Three Arrows Capital invested in Ethereum after its CEO criticised the cryptocurrency

The Singapore-based venture fund Three Arrows Capital (3AC) bought during a market dip 91,477 ETH for about $400 million. Two weeks earlier, the firm's chief executive Su Zhu had criticised the cryptocurrency for its high fees.

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ForkLog 15 08.12.2021

Billionaire Eric Schmidt becomes strategic adviser to Chainlink Labs

Former Google CEO Eric Schmidt has joined Chainlink Labs, the oracle provider, as a strategic adviser.

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ForkLog 7 06.12.2021

Media: Institutions cut Bitcoin positions by at least $500 million

An anonymous trading firm cut Bitcoin positions by $500 million on December 4, triggering 'aggressive' liquidations in the derivatives market totaling $1.3 billion in the $42,000 to $51,000 range, The Block reports.

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ForkLog 43 03.12.2021

Investor-billionaire Louis Navellier warns Bitcoin could fall to $10,000

In the Bitcoin chart, signals of a formation of a double top are strengthening, which could occur as the US Federal Reserve normalises monetary policy. This view is held by Louis Navellier, CEO and founder of Navellier & Associates, with $2.5 billion in assets, according to Business Insider.

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ForkLog 8 01.12.2021

CoinShares to acquire Napoleon Crypto for €13.9 million ($15.7 million)

The digital asset management company CoinShares announced the acquisition of the French fintech Napoleon Crypto for €13.9 million ($15.7 million). It offers an automated service for selecting crypto portfolios.

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ForkLog 20 26.11.2021

Regulated Singapore firm launches two Bitcoin funds

Based in Singapore and regulated by MAS, Fintonia Group launched two institutional-grade Bitcoin funds, according to Fund Selector Asia.

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ForkLog 20 24.11.2021

Media: Pantera Capital raises $600 million for new crypto fund

The amount raised by Pantera Capital for its fourth fund, aimed at investing in crypto startups, reached $600 million. 75% of this sum came from institutional investors, The Information reports.

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ForkLog 23 23.11.2021

Citigroup to Launch Digital Assets Unit for Institutional Clients

The financial conglomerate Citigroup announced the launch of a cryptocurrency-focused division within its Institutional Client Group. It will be led by Puneet Singhvi, the former head of the blockchain and digital assets in Global Markets.

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ForkLog 16 22.11.2021

Report: A third of hedge-fund managers plan to invest in cryptocurrencies

Some 31% of hedge fund managers and 24% of their peers with an alternative-investment tilt plan to add cryptocurrency to their portfolios in the next year or two. The figures are from EY and Greenwich Associates' study.

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ForkLog 10 19.11.2021

Survey shows more than a quarter of billionaires have invested in cryptocurrencies

28% of ultra-wealthy families worldwide have already invested in cryptocurrencies, according to results of a survey of 385 family offices.

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