On his Twitter page, Arcane Research analyst Vetle Lunde has shared several charts regarding the amount of Bitcoin that is currently under management in cryptocurrency investment funds. According to him, at the moment, around 4.3 percent of the circulating Bitcoin supply is now in the AUM of these hedge funds. 100,000 BTC held by crypto […]
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The latest Bitcoin news
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Volatility hedge fund One River Asset Management has hired Jay Clayton, the ex-chairman of the Securities and Exchange Commission, as a cryptocurrency advisor. In a Bloomberg interview, Clayton expressed his astonishment over how fast cryptocurrencies ended up being embraced by big-name investors: Three years ago, I didn’t believe we would be where we are today—the […]
Volatility hedge fund One River Asset Management has hired Jay Clayton, the ex-chairman of the Securities and Exchange Commission, as a cryptocurrency advisor. In a Bloomberg interview, Clayton expressed his astonishment over how fast cryptocurrencies ended up being embraced by big-name investors: Three years ago, I didn’t believe we would be where we are today—the […]
Fidelity Digital Assets, a subsidiary of the Boston-headquartered mutual fund behemoth, has partnered with crypto-friendly bank Silvergate Capital to offer Bitcoin-collateralized fiat loans to institutional investors, according to its March 29 press release. Bitcoin, secured by Fidelity’s custody business, can be used as collateral for loaning U.S. dollars from Silvergate via its lending product, SEN Leverage. […]
Fidelity Digital Assets, a subsidiary of the Boston-headquartered mutual fund behemoth, has partnered with crypto-friendly bank Silvergate Capital to offer Bitcoin-collateralized fiat loans to institutional investors, according to its March 29 press release. Bitcoin, secured by Fidelity’s custody business, can be used as collateral for loaning U.S. dollars from Silvergate via its lending product, SEN Leverage. […]
According to a new report by The Washington Post, U.S. President Joe Biden is expected to push for as much as $4 trillion in new spending as part of his ambitious infrastructure package—instead of the initial $3 trillion. The Biden administration has already come under fire from fiscally conservative Republicans for passing the $1.9 relief bill […]
According to a new report by The Washington Post, U.S. President Joe Biden is expected to push for as much as $4 trillion in new spending as part of his ambitious infrastructure package—instead of the initial $3 trillion. The Biden administration has already come under fire from fiscally conservative Republicans for passing the $1.9 relief bill […]
Bitcoin started moving North after PayPal spread the word that its U.S.-based customers can now use BTC and other cryptocurrencies to purchase goods from its 26+ million merchants globally. PayPal initially announced its embrace of crypto back in mid-fall of 2020, when it allowed its customers to buy Bitcoin, Ethereum, XRP and several other major digital […]
Fast-casual restaurant chain Chipotle Mexican Grill is giving away $100,000 worth of Bitcoin as part of its recently announced “Burritos or Bitcoin” game to celebrate National Burrito Day. To that end, Chipotle teamed up with former Ripple CTO Stefan Thomas. As reported by U.Today, the German programmer went viral after losing the password to his hardware wallet […]
Fast-casual restaurant chain Chipotle Mexican Grill is giving away $100,000 worth of Bitcoin as part of its recently announced “Burritos or Bitcoin” game to celebrate National Burrito Day. To that end, Chipotle teamed up with former Ripple CTO Stefan Thomas. As reported by U.Today, the German programmer went viral after losing the password to his hardware wallet […]