Institutional Investors and Whales

ForkLog 27 28.11.2020

Institutional Roundup: Pantera Capital Reaps the Rewards of Its Bets as Coinbase Custody Bitcoin Assets Reach $20 Billion

The cryptocurrency industry is drawing an increasing number of institutional players. This is reflected in new investments in infrastructure and the growing attention they pay to bitcoin as an asset class. The most important developments of the past weeks are in ForkLog's roundup.

AI translated

ForkLog 9 27.11.2020

Opinion: Bitcoin Whales Prepare for Another Dump

Major holders of the first cryptocurrency are actively moving coins from wallets to exchanges. According to CryptoQuant's head of analytics Ki Young Ju, this signals a new wave of Bitcoin selling in the near term.

AI translated

ForkLog 15 26.11.2020

Glassnode: Bitcoin whale count hits all-time high

The number of large Bitcoin holders on addresses with more than 1,000 BTC has reached an all-time high.

AI translated

ForkLog 26 26.11.2020

Galaxy Digital Bitcoin funds attracted $58.7 million from institutions over the year

Led by Mike Novogratz, Galaxy Digital attracted $55.1 million in Galaxy Institutional Bitcoin Fund LP and $3.6 million in Galaxy Bitcoin Fund LP over the year since the funds' launch. The figures are contained in Form D filings with the U.S. Securities and Exchange Commission (SEC).

AI translated

ForkLog 16 25.11.2020

VanEck gains Bitcoin ETN listing on Europe’s third-largest exchange

VanEck announced the addition of physically backed Bitcoin ETNs to the list of tradable instruments. Trading has begun on Xetra, the German exchange operated by Deutsche Börse.

AI translated

ForkLog 18 25.11.2020

MicroStrategy earned nine times as much from bitcoin investments as in 2019

The value of the cryptocurrency MicroStrategy bought this year rose from $425 million to $735.2 million. The main business last year brought in $34.35 million.

AI translated

ForkLog 25 24.11.2020

Why Bitcoin Is Rising: Fundamental Drivers, Opinions, and Forecasts

The year 2020 proved not only tumultuous but also extraordinarily successful for bitcoin investors. Fueled by global uncertainty, turbulence in financial markets and currency devaluations, the price of the world’s first cryptocurrency approached December 2017 levels.

AI translated

ForkLog 18 23.11.2020

Institutional assets under Coinbase Custody rise to $20 billion

The volume of assets held in Coinbase's custody service has risen from $6 billion to $20 billion since April this year. These figures were provided by Coinbase's head of institutional sales, Brett Tejpol.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 40 21.11.2020

Tim Draper, Y Combinator and Pantera Invest in New Exchange

The Globe crypto-derivatives exchange raised $3 million in seed funding with backing from Pantera Capital, Y Combinator, Tim Draper’s Draper Dragon Fund, and Wavemaker Partners.

AI translated

ForkLog 10 20.11.2020

Survey: Since the start of 2020, Bitcoin has yielded returns for 72.3% of investors

72.3% of ForkLog users surveyed earned income from cryptocurrency investments in 2020.

AI translated

ForkLog 13 19.11.2020

Analysts: 95% of all issued Bitcoins are held by 2% of addresses

Just over 2% of addresses control 95% of the current supply of Bitcoin. Flipside Crypto researchers say centralisation has risen after the rally to new highs at the start of the year, Bloomberg reports.

AI translated

ForkLog 7 19.11.2020

Spanish security firm launches cryptocurrency custody service

Spain-based international private security firm Prosegur has launched a service for institutional clients to manage and custody cryptocurrencies.

AI translated

#Institutional Investors and Whales