Institutional investors headed for a tipping point on crypto — Apollo Capital
Apollo Capital CIO Henrik Andersson said there will come a point when not investing in crypto will be a “career risk.” Go to Source Powered by WPeMatico
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Apollo Capital CIO Henrik Andersson said there will come a point when not investing in crypto will be a “career risk.” Go to Source Powered by WPeMatico
The data from CoinShares shows a weekly inflow of $193 million, with more than half of that figure going to Bitcoin alone. Solana is also getting attention and broke a record in the process. Go to Source Powered by WPeMatico
The number of Bitcoin addresses holding at least 1,000 BTC has risen in recent weeks. Go to Source Powered by WPeMatico
Some analysts are expecting big things for Bitcoin in the near future when all the institutional selling has completed and capital gets deployed to the market. Go to Source Powered by WPeMatico
S&P Global, an intelligence and data company, suggests that crypto and decentralized finance trends will continue to gather steam in 2022. In its latest report, the company examines the current state of the market and notes that, while there are still serious problems that could hinder adoption, the sector will keep growing by complementing traditional … Read more
Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested in cryptocurrency as an investment and that only 10% are actively investing in crypto. … Read more
More than 70% of financial executives surveyed are closely watching what everyone else is doing with Bitcoin before they decide on investing their companies’ cash reserves in it. Go to Source Powered by WPeMatico
$89 billion dollar investment giant BlackRock now indirectly holds Bitcoin after MicroStrategy purchased 21,454 Bitcoin this week. Go to Source Powered by WPeMatico
Binance will launch a new digital asset trading platform in 2020 in the United Kingdom to serve its increasing institutional clientele. Go to Source Powered by WPeMatico
CME Bitcoin options open interest has soared to $142 million in the first half of May, marking an increase of over 10 times the value at the end of last month. Go to Source Powered by WPeMatico