Bookmarking Crypto Insights
Auto Added by WPeMatico
Silvergate Bank, headquartered in San Diego as a California state-chartered bank, started its cryptocurrency-related business in 2013. Now over 500 companies from the digital assets industry are using its services as one of the very few “bitcoin-friendly” banks based in the U.S. Also Read: American Electronics Giant Avnet Now Accepts Bitcoin Cash Payments Silvergate Files … Read more
Nearly half of millennial traders have more faith in cryptocurrency exchanges than they do in traditional ones. They are also enthusiastic about the prospect of traditional financial institutions offering crypto assets. That’s according to a new survey which shows a “generational shift” where millennials “place their faith in the power of technology and open networks.” … Read more
Bitwise Asset Management is the latest American financial firm to seek regulatory permission for launching a bitcoin ETF. The company thinks it should succeed in getting the SEC’s approval, which all other applicants have failed to do so far, by utilizing a new model for the instrument. Also Read: UK Crypto Ventures Raised Over $255 … Read more
Brexit and the sharp downturn in the cryptocurrency markets have not been able to stop the growth of the British crypto industry. End of year figures show that crypto-related companies in the United Kingdom have raised a total of over £200 million ($255.2 million) in capital venture funding during 2018. Also Read: Banking Agency Advises … Read more
Epoch Partners launched the retail public offering for a new hedge fund in Japan this week that will focus on cryptocurrencies and digital assets. Subscriptions for the offering, which opened on Oct. 15, have been capped at 100 billion yen ($892 million). Also Read: Research: 1 of 5 New Hedge Funds in 2018 Is a … Read more
New research shows that one out of five hedge funds launched thus far this year has been a cryptocurrency-focused hedge fund. This is a surprising statistic in light of the 2018 bear market, but it may indicate that managers and investors are still optimistic about the long-term outlook and want to capitalize on current low … Read more
Barclays (LSE: BARC) has reportedly scrapped its plan to launch a cryptocurrency trading desk. However, it remain unclear whether the U.K. banking giant is acting under pressure from regulators or for other reasons, such as insufficient demand for crypto-related services from hedge funds. Also Read: Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a … Read more
Cryptocurrency businesses that have faced difficulties in securing banking services in the UK now have a new option. LBX has launched a new service offering access to an account where clients can store, manage and transfer both their fiat currency and cryptocurrency holdings. Also Read: Mobile SMS Bitcoin Cash Wallet Cointext Expands to Asia “LBX … Read more
Morgan Creek Digital, an asset management firm backed by multi-billion dollar investment advisor Morgan Creek Capital Management, has announced the launch of the Digital Asset Index Fund in partnership with Bitwise Asset Management. Also Read: The Daily: Chinese Crackdown Continues, ICO Head Faces 15 Years in Prison Opening Up Crypto for Pension Funds According to … Read more
Pantera Capital, one of the largest US-based institutional holders of cryptocurrencies, has already raised more than $70 million for its third crypto fund. And the first investment by Pantera Venture Fund III went to Intercontinental Exchange’s Bakkt. Also Read: The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID $175 Million Crypto … Read more
