Bookmarking Crypto Insights
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Investment advisors are expanding their spot Bitcoin ETF holdings, but Coinbase warns that “large inflows” might not be seen immediately due to the slow summer period in the United States. Go to Source
Bitcoin miner Argo Blockchain has announced a private placement of its ordinary shares and accompanying warrants to an institutional investor. The transaction is expected to generate gross proceeds of approximately £6.5 million ($8.3 million). Argo Blockchain Announces $8.3 Million Private Placement According to the announcement, the bitcoin miner Argo Blockchain (Nasdaq: ARBK) will issue 57.8 … Read more
As long as the regulation gives an institutional investor a very clear path to crypto, they’ll jump into the space, hedge fund co-founder CK Cheng told Cointelegraph. Go to Source Powered by WPeMatico
Bloomberg crypto analyst Jamie Coutts believes it’s a “missed opportunity” that traditional asset managers choose not the educate themselves on crypto. Go to Source Powered by WPeMatico
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
According to Bloqport’s latest data, bitcoin, which ended the month of March with an overall gain of 29%, has now been in the green for six consecutive months. The data also shows that the crypto asset’s value has nearly doubled from its December 2020 closing price of $29,383 to its current value of $58,647. With … Read more
“We plan to hold this Bitcoin investment for many years and we’ll wait for all of our members in our new 10X service to be able to buy before we do.” Go to Source Powered by WPeMatico
As bitcoin struggles to kickstart yet another record-breaking rally, Scott Minerd, the CIO at Guggenheim Investments says this could be down to the inadequate institutional support. According to Minerd’s assessment, this lack of sufficient institutional investor support means it will be hard for bitcoin to trade above $30,000. The CIO, however, thinks the viability of … Read more
Following the recent bitcoin price pullback, the latest Skew data now indicates that the premium rate on Grayscale’s GBTC is under 10%. The lower rate comes just weeks after the premium peaked at 41% towards the end of December. The GBTC premium is a measure of the extent of differences in the value between the … Read more
Investors are in it for the long run, locking 270,000 BTC away over the last 30 days. Go to Source Powered by WPeMatico
