Institutional crypto investment products suffered their largest weekly total of outflows ever last week, according to digital asset manager CoinShares. In its latest Digital Asset Fund Flows Weekly Re...
Tag: Institutions
10 huge institutions getting into crypto
Despite the bearish sentiment clouding over the crypto sector right now, there are 10 huge global companies that have recently entered the space. It seems there is so much bearish news over the last f...
Central Bank Orders Financial Institutions to Ration Dollars – Africa Bitcoin News
Growing shortages of foreign exchange on the interbank market have reportedly forced the Central Bank of Kenya to ask financial institutions to ration dollar purchases by Kenyan businesses. The shorta...
Coinbase Executive Says Institutions Looking Beyond Bitcoin and Ethereum and Into Altcoin Markets
One of Coinbase’s top executives says that institutional investors may be more open to crypto assets beyond Bitcoin (BTC) and Ethereum (ETH) than people realize. Speaking in a live stream with crypto ...
UK financial institutions apply more crypto restrictions
The HSBC bank and the Nationwide Building Society have imposed more restrictions on customer use of credit cards to buy crypto. “…and then they fight you” UK crypto hub? Financial institutions a...
BoE official says CBDCs ‘bring opportunities’ for financial institutions
Ben Broadbent, deputy governor for monetary policy at the Bank of England (BoE), has stated that the institution is paying keen attention to roll out of a central bank digital currency (CBDC). Accordi...
Quantumscape (QS) stock lost 11% but institutions still bullish?
1 Quantumscape Corp (NYSE: QS) beats the Q4 EPS estimates by 12.75% 2 Amalgamated Bank buys 1890 shares of Quantumscape Corp 3 NYSE: QS stock price down by 11% on the weekly basis and rejected the 200...
Coinbase reveals institutions compised 86% of its Q4 transactional value
A new Coinbase report shows that in 2022 Q4, institutional investors captured 86% of the transactional value, while retail investors only had 14% on the platform. However, in terms of revenue, institu...
Here are the assets keeping institutions warm in crypto winter
Institutional wallet data shows which assets are being hoarded by major cryptocurrency institutions. Data provided by CryptoRank shows that major institutions have a clear preference for the USD Coin ...
Institutions Bullish on ETH Price Growth in 2023, Survey Finds
Two-fifths of institutions expect the price of Ethereum’s native token ether to be above $2,000 at the end of 2023, according to a survey. Conducted by London-based crypto hedge fund firm Nickel...
Sustainable Bitcoin Protocol Pioneers New Method for Institutions to Hold Climate-Positive Bitcoin
In a landmark transaction, Sustainable Bitcoin Certificates (SBC) have been issued alongside bitcoin mined with clean energy and sold to a bitcoin specialized company Melanion Digital. NEW YORK–(BUSIN...
How institutions are driving the crypto renaissance
While crypto has sometimes been seen as a renegade movement, the recent influx of institutional investment has turned the tables on that view. In the wild world of crypto, fortunes are made overnight,...
Institutions Allocate to Ethereum (ETH), Polygon (MATIC) and One ETH Rival As Markets Consolidate: CoinShares
Digital assets manager CoinShares says large institutional investors are being more selective this year, pouring money into Ethereum (ETH), Polygon (MATIC) and one ETH competitor last week. In its lat...
Institutions ‘Absolutely Interested’ in Digital Assets: BNY Mellon Exec
The head of the digital assets unit at BNY Mellon — the world’s largest custodian bank — has reaffirmed his bullishness on blockchain. Speaking at a recent fintech and regulation conference, BNY Mello...
Deutsche Bank Announces Investments in Two Crypto Firms as More TradFi Institutions Join the Race ⋆ ZyCrypto
Advertisement     The bank is planning to acquire a minority stake in Deutsche Digital Assets and Tradias. Deutsche believes that there are opportunities in the curren...
Financial Institutions Are Still Betting on Crypto—Even After Getting Rekt in 2022
As Bitcoin hovered around $38,000 last April—down 45% from its peak—Fidelity Investments announced its customers could soon add the digital asset to their retirement accounts through a first-of-its-ki...
Did US institutions prevail over Asian retail traders?
Bitcoin experienced the second-strongest January in its history — and the best since 2013 — rising nearly 40% amid wide reports that institutional investors were back on board. Zhong Yang Chan, head o...
Institutions Pour Capital Into Bitcoin (BTC) at Highest Rate Since July of Last Year: CoinShares
Digital assets manager CoinShares says large institutional investors are pouring money into Bitcoin (BTC) at rates not seen in the last six months. In its latest Digital Asset Fund Flows Weekly Report...
Galaxy Digital’s Mike Novogratz Says Institutions Waiting for Key Indicator To Flash Before Eyeing Crypto
Galaxy Digital boss Mike Novogratz says that the biggest players are waiting for a certain sign from the crypto markets before looking at allocating capital to the nascent asset class. In a new interv...
Binance CEO Warns Traditional Institutions Against Reducing Exposure to Crypto
Binance CEO Changpeng “CZ” Zhao is of the opinion that a proactive reduction in exposure to cryptocurrencies by traditional institutions as a reaction to ecosystem collapses in 2022 could ...
U.S. Institutions Are Driving Bitcoin Prices, Matrixport Research
Bitcoin prices have been on the rise in the last couple of weeks and the digital asset has been able to return to its November 2022 levels. This has been a much-needed boost for the market during this...
Institutions Fade Crypto Rally, Go Short on Bitcoin (BTC) As Markets Bounce: Coinshares
Digital assets manager CoinShares says large institutional investors aren’t convinced by the recent rallies in crypto markets. In the latest Digital Asset Fund Flows Weekly Report, CoinShares finds ev...
Brett Harrison raises $5 million for DeFi company aimed at institutions: Bloomberg
Former FTX.US president Brett Harrison has raised $5 million from investors including Coinbase Ventures and Circle Ventures to build out his latest venture: Architect. The new firm—which Harris...
Drop zero crypto policy Bernstein tells institutions
Bernstein has some advice for institutions: Get some skin in the game. “Get off zero crypto allocation,” the asset manager told institutions following the publication of its global ...
Japan wants crypto ‘regulated’ and ‘supervised’ like “traditional institutions”
The Financial Services Agency of Japan wants crypto to be regulated like banks. The country’s crypto policy has helped local FTX investors to access their funds. Japan’s top regulator is looking to im...
Binance’s New Feature Allows Institutions to Invest, Trade Using Cold Custody
The FTX crisis has put even more heat on centralized crypto exchanges, and cold wallets have all the focus now. It is only natural for the world’s largest crypto exchange to allow institutional player...
Binance to let institutions store crypto with cold custody
Amid the centralized cryptocurrency exchanges (CEX) crisis, crypto exchange Binance is moving to improve its institutional trading services with cold-custody opportunities. On Jan. 16, Binance announc...
Bybit partners with Copper to offer institutions robust crypto custodial services
Bybit crypto exchange has signed a strategic partnership deal with Copper, to enable the former to offer its institutional investors and high-net-worth individuals secure crypto custodial services via...
Institutions Eyeing XRP As Investors Increasingly Betting on Victory in SEC Lawsuit: CoinShares
A leading digital assets manager is finding that institutional investors are hedging their bets against the U.S. Securities and Exchanges Commission (SEC) in the regulator’s lawsuit against Ripple Lab...
Institutions Can Subscribe to Tokenized Green Bonds in Hong Kong
Hong Kong’s Financial Secretary Chen Maobo said that the government would issue tokenized green bonds for institutional investors. It is also working on some aspects of a regulatory framework. Local m...