Tag Archives: crypto

Cambrian Says Its New Bitcoin, Ethereum Trusts Will Cut Through Volatility

Cambrian Says Its New Bitcoin, Ethereum Trusts Will Cut Through Volatility

The California-based asset manager said the new trusts will reduce volatility through its active management strategy. Quantitative crypto hedge fund Cambrian Asset Management said its two new actively managed trusts, one trading bitcoin and one trading ethereum, will manage downside risk. The $200 million fund said in a press release on Wednesday that its management strategy will “manage […]

Bitcoin Now Legal Tender in El Salvador, Marking World First

Bitcoin Now Legal Tender in El Salvador, Marking World First

In a show of support, crypto proponents are buying $30 worth of bitcoin to commemorate the occasion known colloquially as “Bitcoin Day.” Bitcoin is now officially legal tender in El Salvador, three months after the Bitcoin Law passed the country’s legislature. While the move marks a world-first, El Salvador’s President Nayib Bukele said in a tweet the […]

Mutual Fund Giant Franklin Templeton Eyes Bitcoin, Ether Trades With Planned Hires

Mutual Fund Giant Franklin Templeton Eyes Bitcoin, Ether Trades With Planned Hires

The $1.5 trillion asset manager is a newcomer to crypto investing despite years of experimenting with blockchain tech. Asset manager Franklin Templeton is staffing up to execute trades for bitcoin and ether, according to a series of job postings. At least two crypto-focused jobs posted this week – one trader, one researcher – would join the “growing” investments […]

Bitcoin Gets the ‘Pokémon GO’ Treatment in New Rewards App From Fold

Bitcoin Gets the ‘Pokémon GO’ Treatment in New Rewards App From Fold

The popular bitcoin rewards startup is using augmented reality (AR) in a bid to make crypto fun for the masses. Crypto rewards app Fold is trying out a new way to get its users excited about bitcoin (BTC, 0%): an augmented-reality crypto scavenger hunt in the style of “Pokémon GO.” Fold’s AR feature allows users to explore their […]

JPMorgan Launches In-House Bitcoin Fund for Private Bank Clients

JPMorgan Launches In-House Bitcoin Fund for Private Bank Clients

The mega-bank has started pitching Private Bank clients on a passive bitcoin fund in partnership with NYDIG. JPMorgan Chase began pitching an in-house bitcoin (BTC, -1.95%) fund to its Private Bank clients for the first time this week, completing its transformation from the “never-bitcoin” mega-bank to a participant in the digital assets market. The passively managed fund doesn’t […]

Shiba Inu, Chiliz, Keep Network Soar After Being Added to Coinbase Pro

Shiba Inu, Chiliz, Keep Network Soar After Being Added to Coinbase Pro

Coinbase added SHIB little more than a month after that coin’s creation, in marked contrast to its addition of dogecoin. The price of the tokens behind dogecoin rival Shiba Inu, fan token platform Chiliz and Keep Network, a platform that aims to bridge public blockchains and private data, are soaring after leading crypto exchange Coinbase announced it is adding […]

Coinbase Lists Dogecoin on Professional Trading Platform

Coinbase Lists Dogecoin on Professional Trading Platform

The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version. Coinbase’s professional trading platform is adding the meme-inspired cryptocurrency dogecoin (DOGE, +31.72%), the exchange announced Tuesday. Coinbase Pro said in a blog post that users could transfer DOGE into their professional trading accounts, with trading expected to launch on Thursday […]

Billionaire Carl Icahn Eyes Potential $1.5B Crypto Investment

Billionaire Carl Icahn Eyes Potential $1.5B Crypto Investment

The activist investor said cryptocurrency would endure but not necessarily all the current digital. U.S. billionaire and one-time cryptocurrency skeptic Carl Icahn is contemplating a potential $1.5 billion investment in digital currencies. The activist investor said he’s looking at investing in crypto in “a relatively big way,” clarifying that “big” could mean “a billion dollars, […]