Institutional Investors and Whales

ForkLog 23 18.11.2020

Paradigm-led $30 million Fireblocks round

An infrastructure company focused on institutional crypto investors, Fireblocks, raised $30 million in a Series B funding round led by Paradigm.

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ForkLog 30 10.11.2020

Prominent billionaire flags Bitcoin’s edge over gold

Former George Soros Quantum Fund associate, billionaire Stanley Druckenmiller, told CNBC in an interview that he had invested part of the capital under his management in the leading cryptocurrency. He conceded that Bitcoin could prove to be a better store of value than gold.

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ForkLog 15 09.11.2020

JPMorgan: Institutions increasingly view Bitcoin as an alternative to gold

The Grayscale Bitcoin Trust is outpacing gold-backed ETFs in capital inflows thanks to rising demand from institutional investors, according to JPMorgan analysts.

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ForkLog 38 07.11.2020

Institutional Bulletin: Multimillionaires Favor Bitcoin as Crypto Firms Raise $900 Million

The cryptocurrency industry is attracting an increasing number of institutional players. This is evidenced by new investments in infrastructure and by the growing attention they devote to Bitcoin as an asset class. The most important events of the past weeks are in ForkLog's roundup.

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ForkLog 29 06.11.2020

Grayscale Ethereum Trust assets top $1 billion

The assets of the Grayscale Ethereum Trust under Grayscale Investments surpassed the $1 billion mark.

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ForkLog 13 04.11.2020

Multimillionaire Club Invested in Bitcoin on the Eve of the U.S. Presidential Election

Members of Tiger 21, a club for high-net-worth individuals with assets of at least $100 million, invested in Bitcoin, silver, and gold-mining stocks as a hedge against a Biden victory in the U.S. presidential election. Bloomberg reports.

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ForkLog 13 29.10.2020

Fidelity Digital Assets Begins Expansion in Asia

The Fidelity Investments unit focused on digital assets announced a partnership with the Singapore-based Stack Funds. The agreement entails providing custody services to Stack Funds' clients among family offices and high-net-worth individuals, Bloomberg reports.

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ForkLog 23 29.10.2020

Bitwise Cryptocurrency Funds Exceed $100 Million in Assets

Bitwise Asset Management, the provider of index-based crypto funds for professional investors, said that assets under management had surpassed $100 million.

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ForkLog 22 28.10.2020

MicroStrategy chief reveals how many bitcoins he owns

MicroStrategy CEO Michael Saylor disclosed that he personally holds a substantial portion of his assets in Bitcoin.

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ForkLog 17 28.10.2020

KPMG teams up with Coin Metrics to drive institutional adoption of cryptocurrencies

KPMG, one of the Big Four accounting firms, announced the formation of a strategic alliance with analytics firm Coin Metrics. The partnership is aimed at supporting institutional adoption of cryptocurrencies and blockchain.

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ForkLog 13 27.10.2020

Survey: 61% of institutional investors have already invested in cryptocurrencies or plan to do so

European institutional investors are showing interest in digital currencies — many have already invested or plan to allocate part of their assets to cryptocurrencies. This is evidenced by data from Cointelegraph's report.

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ForkLog 12 26.10.2020

Bitcoin whale addresses hit a new record high

The number of Bitcoin addresses with 1,000 BTC or more rose to a new all-time high for the first cryptocurrency (2231). According to Glassnode data, the previous record (2209) was set on September 3, 2020.

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