Institutions remain bullish on Cardano and Ether while BTC outflows persist
Ethereum and Cardano continue to dominate inflows to institutional crypto investment products while demand for BTC weakens. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
Ethereum and Cardano continue to dominate inflows to institutional crypto investment products while demand for BTC weakens. Go to Source Powered by WPeMatico
Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios in cryptocurrency, including bitcoin. The highly anticipated Fund Location Act (Fondsstandortgesetz) went into effect on July 1 in Germany. The German federal parliament, the Bundestag, cleared the legislation on April 22. Under this … Read more
Assets under management for institutional funds have hit a record high of $59 billion. Go to Source Powered by WPeMatico
Bitcoin and crypto ETPs have surged in market cap and volumes as institutions buy up BTC. Go to Source Powered by WPeMatico
In this week’s daily editions of Bitcoin in Brief we reported about Coinbase opening the floodgates for institutional money, the new crypto law in Malta, and a move by Bittrex to invade the European market. We also covered, in this week’s most commented-on article, Nobel laureate economist Paul Krugman’s trolling of XRP and BTC supporters. Also … Read more
Recent updates about the operations of cryptocurrency exchanges is the main focus in today’s edition of Bitcoin in Brief. Stories include the official opening of Coinbase Custody, a spat between Hitbtc and John McAfee, the relaunch of the BTCC exchange and Huobi’s postponement of Hadax voting. Also Read: Luxury Marketplace Fancy Offers Discount for Bitcoin … Read more
The rush of big money into the cryptocurrency market is continuing at full pace and reshaping the global investment landscape. Two recent examples are Coinbase’s new institutional focus and Nomura’s new venture. These stories, and much more, are in today’s edition of Bitcoin in Brief. Also Read: NY Regulator Approves Bitcoin Cash, Zcash and Litecoin … Read more
SINGAPORE – Rate3 aims to create a new global e-commerce ecosystem that ties consumers, merchants, suppliers and other intermediaries together with a native cryptocurrency that facilitates all transactions efficiently, cheaply and quickly. The cross-borders e-commerce payment space today is far from perfect. Firstly, transaction costs and time - especially for cross-border payments - are excessive and inefficient. Secondly, there … Read more