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Coinbase Sees More Institutional Investors Buying Bitcoin in H1

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Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market. Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy. In a report, the exchange says it observed a “noticeable uptick in institutional business’s growth” in … Read more

New Coronavirus Relief Package Proposed With Second Round of Stimulus Checks for Americans

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Republicans have proposed a new coronavirus relief package with a second round of stimulus check payments, a draft summary of the proposal confirms. According to Treasury Secretary Steven Mnuchin, the new package will be the “exact same proposal as last time.” New Covid-19 Relief Proposal As lawmakers debate over a new coronavirus relief aid package, … Read more