Cowen Bank’s digital asset division has raised $46 million from customers. A subsidiary of U.S. investment bank Cowen, Cowen Digital Asset Investment Co LLC, which invests in cryptocurrencies, was able to raise $46 million in funds from customers who were interested…
Investment firm Fidelity summarized the nine-month performance of the organization’s Wise Origin Bitcoin Index Fund. Launched in August 2020, the fund is focused on being an investment vehicle for the Boston-based investment giant ($4.9 trillion in assets under management), through which…
Ray Dalio, a famous investor, billionaire and hedge fund manager of Bridgewater Associates, said that if he compared investments in bitcoins or bonds, he would prefer the former. At the same time, he stressed that he himself owns “some amount of…
Pricewaterhouse Coopers, one of the world’s largest accounting firms and a member of the Big Four, has unveiled its “Z-Yearly Review of the Global Cryptocurrency Hedge Fund Market.” In it, it named the median return for cryptocurrency hedge funds globally in…
Over the last week were BTC fall, bitcoin lost 17.96% of its value and fell below $36 thousand. At the same time, institutional investors remembered gold as a hedging instrument. Bitcoin mania and tulip mania: what do they have in commonAccording…
Reportedly, the third largest crypto exchange in the world Huobi (average daily turnover – $ 7.3 billion) has reduced the line of its financial products for a number of countries. These include futures trading options, as well as leveraged trading. Although…
Cryptocurrency expert Alex Kruger drew attention to a new analytical report by the American investment bank Goldman Sachs. The study notes that many cryptocurrencies have a right to exist. Thus, the experts saw bitcoin as a tool in which investors invest…
The No. 1 cryptocurrency is trying to find a new trend after information from Beijing. At the end of May 23, bitcoin tested the $31,300 level for the first time since late January, but ended up at the value of $32,300…
The value of the largest cryptocurrency Bitcoin collapsed 15% to $39,360 on Wednesday, May 19. This was influenced by a ban on cryptocurrency transactions in China and statements by engineer Ilon Musk, Bloomberg reported. On Tuesday, regulators in China banned financial…
Two Cathie Wood, Wall Street Star ETF funds bought more than 47,000 Tesla shares for $27 million, according to a press release from the company. As Bloomberg notes, Ilon Musk’s company now leads the Ark Innovation ETF by weight with a…
Bitcoin tested the $30,000 mark and Ethereum is trading under $2,000, movement of Cardano Coin (ADA) etc. Altcoins are suffering losses en masse. China is tightening the screws on the crypto market. Read about these and other key events in the…
Curiously, a similar inflow of funds was noted on Binance, which cannot be said about Coinbase. Movement of BTC The net amount of funds moved to the trading floor is determined by subtracting the number of coins withdrawn from exchange deposits.…