Institutional Investors and Whales

ForkLog 22 16.12.2020

British Ruffer Investment Company with $27bn assets invests in Bitcoin

British investment company Ruffer Investment Company allocated 2.5% of its portfolio to Bitcoin as a hedge against the depreciation of world currencies. The move was disclosed in a letter to shareholders.

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ForkLog 13 14.12.2020

JPMorgan: Institutional investors could pour up to $600 billion into Bitcoin

Family offices, pension funds and other large investors could direct up to $600 billion into Bitcoin, following the MassMutual example. This view is held by analysts at JPMorgan Chase & Co., Bloomberg reports.

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ForkLog 28 13.12.2020

Fidelity CEO: Our Bitcoin custody business has proven incredibly successful

The cryptocurrency custody service launched by Fidelity Investments' digital assets division in October 2019 has proven to be an “incredibly successful” business, according to CEO Abigail Johnson.

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ForkLog 16 13.12.2020

Study finds retail investors buy Bitcoin during price rallies, unlike whales

Large investors among institutions and individual whales booked profits during Bitcoin's autumn rally, largely buying on pullbacks and selling at local highs. This is stated in a recent OKEx exchange study.

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ForkLog 27 11.12.2020

MicroStrategy raises $650 million for Bitcoin purchase

The analytics software provider MicroStrategy Inc. announced a $650 million debt financing. The funds are intended for investment in Bitcoin.

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ForkLog 12 11.12.2020

MetaMask to release institutional version of Ethereum wallet

The Ethereum company ConsenSys announced an imminent release of an institutional version of the popular MetaMask wallet.

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ForkLog 13 11.12.2020

3iQ’s Ethereum Fund raises $76.5 million in IPO

The Canadian company 3iQ completed the initial public offering of The Ether Fund. The Ethereum-based fund raised $76.5 million.

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ForkLog 16 11.12.2020

MassMutual Invests $100 Million in Bitcoin

The insurer MassMutual, serving 5 million customers, invested $100 million in Bitcoin. This was announced by the head of NYDIG's cryptocurrency funds.

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ForkLog 15 10.12.2020

ING tests cryptocurrency custody solution

The Dutch bank ING has for the first time disclosed details of the preliminary trials of a digital asset custody solution developed under the Pyctor project, according to CoinDesk.

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ForkLog 14 09.12.2020

MicroStrategy raises convertible-bond offering to $550 million

The data-analytics software provider MicroStrategy Inc. announced a new financing target for bitcoin investments. Instead of the previously announced $400 million, the company now aims to raise $550 million.

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ForkLog 11 09.12.2020

Standard Chartered sets out timeline for crypto custody launch

SC Ventures, the venture arm of the British banking group Standard Chartered, and the financial services provider Northern Trust announced the launch of an institutional cryptocurrency custody solution.

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ForkLog 45 09.12.2020

Erik Voorhees: Institutional investors will shield Bitcoin from government interference

Institutional investors could become the “natural shield” for Bitcoin against excessive government oversight. The statement was made by ShapeShift CEO Erik Voorhees at the LaBitConf conference.

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#Institutional Investors and Whales