GoldenTree Asset Management is reportedly investing in Bitcoin
At least three executives at the $45 billion firm have participated in a funding round for the blockchain-focused VC group Borderless Capital. Go to Source Powered by WPeMatico
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At least three executives at the $45 billion firm have participated in a funding round for the blockchain-focused VC group Borderless Capital. Go to Source Powered by WPeMatico
Cathie Wood’s Ark Invest purchased more than 450,000 GBTC shares in two separate buys this week. Go to Source Powered by WPeMatico
Q2’s digital banking platform, which currently powers nearly 30% of the top 100 banks in the U.S., will allow more than 18.3 million registered users to buy, sell, and hold bitcoin. Q2 Holdings Inc. (NYSE:QTWO) provides digital banking and lending solutions to banks, credit unions, alternative finance, and fintech companies globally. According to the company, … Read more
The Series B funding round was led by China Renaissance, with participation from several crypto venture funds, including Tiger Brokers, Tiger Global Management, Arena Holdings, DCM Ventures and Gobi Partners. Go to Source Powered by WPeMatico
The filing came before the commission’s June 17 deadline to approve or disapprove of the Bitcoin ETF following an extension in April. Go to Source Powered by WPeMatico
The firm aims to let U.S. investors get exposure to crypto through a private fund tracking the Nasdaq Crypto Index. Go to Source Powered by WPeMatico
A number of asset managers have cautioned about investing in cryptocurrencies, including UBS Wealth Management, Pimco, T. Rowe Price, and Glenmede Investment Management. “We expect more stringent policy and regulatory controls ahead for crypto as it becomes more mainstream,” said UBS. Asset Managers Caution of Crypto Investing A number of asset managers have expressed caution … Read more
Brevan Howard, one of Europe’s largest hedge funds with $13.7 billion in assets under management, is reportedly set to start buying cryptocurrencies. The investment firm previously bought a 25% stake in One River Asset Management, which runs a number of cryptocurrency funds. Major Hedge Fund to Start Investing in Cryptocurrencies Investment management firm Brevan Howard … Read more
Goldman Sachs’ Gary Black closed his TSLA position after the company purchased $1.5B in BTC, dodging a 28% crash. Now he’s calling for the company to dump Bitcoin for share buybacks. Go to Source Powered by WPeMatico
“Long Bitcoin” has once again flipped “long tech” as the most crowded trade based on Bank of America’s recent fund manager survey. Go to Source Powered by WPeMatico