Institutions had ‘diamond hands’ during bitcoin’s 50% plunge, Bitwise’s Matt Hougan says
“The wildest thing about my $1 million prediction is that it’s not wild at all,” said the digital asset fund manager’s CIO. Institutional investors may…
Tag: Digital Asset
Ether Treasury Company SharpLink Gaming Buys Back $15M in ‘Undervalued’ Shares
The repurchase happened as the firm’s stock price fell below the net asset value of its underlying ether holdings. SharpLink Gaming (SBET), a Nasdaq-listed ether (ETH) treasury firm…
Bitcoin Hits New Record High, Surging to $109.4K
The price surpassed the giddy level hit just hours prior to the inauguration of President Trump on January 20. Bitcoin BTC$106,546.31 clinched a fresh record price…
Trump Media Starts New Fintech Platform Truth.Fi Focusing on Crypto, ETFs
Truth.Fi is the latest endeavor of Donald Trump-affiliated companies into the digital asset space after World Liberty Financial and launching an “official” memecoin. Trump Media…
Fidelity plans NFT marketplace and financial services in the metaverse
Newly filed trademark applications outline a long list of possible avenues for the firm in the metaverse. Investment giant Fidelity Investments has filed trademark applications…
Press Release
29 November 2022
FTSE Russell launch first multi asset
digital asset index series
An LSEG Business 1
FTSE Russell, a leading global index provider, today announces the launch of its first multi asset,market cap index series covering the investable digital asset market.…
State Street inks institutional crypto custody deal with Copper
Boston-based bank State Street has announced a new crypto custody offering in partnership with Copper, the UK-based custodial startup. “State Street Digital will leverage Copper.co’s…
US House Passes Bill to Require Financial Regulators to Set Up Digital Assets Working Group
The Eliminate Barriers to Innovation Act of 2021 seeks to establish a digital asset working group with representatives from the SEC and CFTC. The U.S.…
First Mover: Wells Fargo Bitcoin Briefing Could Signal Bull Run Intact
Bitcoin was lower for a second day, dropping below $19,000 after bulls failed to push prices past the psychological $20,000 threshold. “The overly confident market has been…
Bitcoin Nears Its All-Time High Price as Market Cap Dominates
Bitcoin price in the last 24 hours experienced an impressive run that took it to the near $20,000 all-time high price, the market cap has reached…