Crypto News

Bitcoin Bomb Threats Target Educational Institutions, Businesses and Govt. Buildings in US, Canada

Advertisement Hundreds of government buildings, schools and businesses in the United States and Canada were on Thursday targets of extortionists who threatened to detonate explosives unless they were paid thousands of dollars in bitcoin. In most of the emailed bomb threats, the sender claimed that they had an associate who had planted an explosive device […]

Crypto News

Europe’s Top Asset Manager Calls For Crypto Ban While U.S. Institutions Build

Advertisement According to a Reuters report, Allianz Global Investors (GI) CEO Andreas Utermann encouraged regulators to outlaw crypto. At a conference held in London, directed toward Andrew Bailey, the head of Britain’s Financial Conduct Authority. Utterman said: “You should outlaw it [crypto]. I am personally surprised that regulators haven’t stepped in harder.” Regulators Aren’t Outlawing […]

Crypto News

World’s Largest Financial Institutions are Still Placing Big Bets on Crypto

Advertisement Sequoia, Baidu, Nasdaq, and Fidelity are amongst some of the largest VCs, technology conglomerates, and financial institutions to make big bets on crypto in the past week. Despite the bear market which has led major cryptocurrencies to lose about 80 to 90 percent in value on average, both digital asset-related businesses and blockchain protocols […]

Bitcoin

Institutions Still Bullish On Crypto: Grayscale Owns 1% of All Bitcoin

As Bitcoin continues its chaotic price action, ceaselessly falling and ascending through key levels, some paranoid traders have feared that institutional investors have been alienated from the crypto market. Yet, reports indicate that Grayscale’s growing war chest has continued to swell, while institutional players continue to express interest in crypto assets. This, of course, makes […]

Bitcoin

Crypto Doom and Gloom: Banking CEO Says There’s “No Interest” from Institutions

The CEO of Revolut has claimed that large institutional clients, which are often cited as the drivers of the next crypto bull run, have shown very little interest in investing in assets like Bitcoin and Ethereum. Revolut CEO: Institutional Investors Show “No Interest” in Crypto While speaking at the Web Summit 2018 in Lisbon, Portugal this week, […]

Bitcoin

Novogratz: Bitcoin Will Breakout in 2019, But Institutions Still Want Crypto

Despite recently retracting his bullish claims that Bitcoin will surpass $ 10,000 by year’s end, Mike Novogratz still expressed that institutions are still poised to enter the crypto industry. Fidelity, BitGo, Bakkt Custody Solutions Will Bolster Adoption Per previous NewsBTC reports from Monday, Fidelity Investments, a financial giant with over $ 2.5 trillion worth of client […]

Analysis

Institutions More Bullish on Bitcoin than Retail Investors: Fundstrat

Advertisement There’s a general perception that retail investors are susceptible to rosy-eyed forecasts about the future of bitcoin, while institutions are more clear-headed about the prospects of this nascent asset class. However, a new survey conducted by Wall Street strategy firm Fundstrat suggests that once institutional investors are interested in bitcoin, they become even more […]

Crypto News

Researchers: Bitcoin a Perfect Diversification Asset for Institutions

Matt Hougan, the vice president of research and development at Bitwise Asset Management Inc, expects the correlation between Bitcoin and the broader financial market to remain low, which may allow Bitcoin to appeal to institutional investors as a proper diversification asset whose price movement is immune to traditional market swings. According to research findings published […]

Crypto News

Crypto Week In Review: Institutions Finally Ready to Commit to Bitcoin

Although the collective value of all crypto markets is only a tad above its year-to-date low, institutions still seem poised to tackle digital assets head on, with an array of Wall Street giants making meaningful moves throughout the past week. BitGo Receives U.S. Regulatory Approval To Launch Custody Solution On Thursday, CNBC divulged that BitGo, a well-known […]

Analysis

Coinbase, BitGo Reaffirm Plans to Focus on Serving Institutions in Crypto

Advertisement Two US-based crypto behemoths, Coinbase and BitGo, will continue to facilitate growing demand for Bitcoin from institutional investors by operating as trusted custodians. Earlier this week, BitGo was approved by South Dakota regulators to create and operate a crypto custody solution, while Coinbase established a new office in New York exclusively to handle institutional […]

Blockchain

Top Management and Engineering Institutions in India to Adopt Blockchain Technology Courtesy of Lynked.World.

Accessing digital ID cards and other vital information is about to get a lot easier for students across India this year. Many educational institutions in the country have adopted the Lynked.World app to help deliver administrative services to their students more readily and easily. The platform, which is available through Google Play and the App […]

Crypto News

This Cryptocurrency Index Fund is Targeting Institutions, and it Doesn’t Include XRP

Advertisement A multi-billion dollar investment advisor has launched a new cryptocurrency index fund built specifically for institutional investors, and the assets that aren’t included in the fund will likely raise more eyebrows than those that are. Bitwise, Morgan Creek Create Crypto Index Fund for Institutions Announced on Tuesday, the Digital Asset Index Fund has been […]