institutional investors

Fidelity Investments Launches Crypto Analytics Platform Sherlock for Institutional Investors

<div class=”featured_image_container”> </div> <p dir=”ltr”><strong>The American multinational financial services corporation based in Boston, Massachusetts, Fidelity Investments has announced the introduction of a new comprehensive data and deep analytics solution for digital assets. The new product is called Sherlock and it’s meant for institutional clients so they can streamline “fundamental and technical data” tied to cryptocurrencies.</strong></p> …

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Co-Founder of South Africa’s Crypto Index Fund Reveals the Plan to Launch Country’s First Bitcoin ETF

<div class=”featured_image_container”> </div> <strong>Earle Loxton, the cofounder of EC10 (formerly DCX Capital) the institution behind the South African crypto index fund, says plans are afoot to launch the country’s first exchange-traded fund (ETF). The ETF is expected to offer South African institutional investors an indirect way of getting exposure to bitcoin. </strong> According to Loxton, …

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Boomers Next to Adopt Crypto, a Trillion Dollars Could Flow Into Bitcoin Over the Next Year, Says Novogratz

<div class=”featured_image_container”> </div> <strong>Galaxy Digital CEO Mike Novogratz has predicted that as much as a trillion dollars could flow into bitcoin over the next year as wealthy baby boomers get into cryptocurrency. With the example of Morgan Stanley, he says that more banks will start offering bitcoin exposure to their customers.</strong> $1 Trillion Could Flow …

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Oaktree Capital Founder Howard Marks Changes His Mind About Bitcoin as Demand Soars and Price Jumps 10x

<div class=”featured_image_container”> </div> <strong>Oaktree Capital’s Howard Marks has warmed up to bitcoin. He admitted that he had a knee-jerk reaction to the cryptocurrency and dismissed it too soon. Since then, the price of bitcoin has risen tenfold as demand for the cryptocurrency soars among retail and institutional investors.</strong> Howard Marks Changes Stance on Bitcoin Howard …

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After BTC Slid by 14%, Onchain Analyst Says a US Based Institution Is Currently Buying the Dip

<div class=”featured_image_container”> </div> <strong>After setting a new all-time high (ATH) of $61,699 on March 13, bitcoin dropped to $53,300 on March 23, a decline of more than 14% in just ten days. However, following this latest drop, onchain analyst Willy Woo speculates that another institutional investor could be buying the dip.</strong> Strong Hands Accumulating In …

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Fund Manager Warns Bitcoin Is Pointless and ‘a Particularly Vile Asset Class’

<div class=”featured_image_container”> </div> <strong>Tim Bond, a portfolio manager at Odey Asset Management, has warned that bitcoin is pointless, calling the cryptocurrency “a particularly vile asset class.” He claims that bitcoin has no real social utility other than as a tool for speculation and a means to launder the proceeds of crime.</strong> Fund Manager Sees Bitcoin …

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Goldman Sachs Sees Huge Institutional Demand for Bitcoin — 76% of Clients Say BTC Price Could Reach $100K This Year

<div class=”featured_image_container”> </div> <strong>Global investment bank Goldman Sachs is seeing huge institutional demand for bitcoin with no signs of abating. A survey of Goldman’s institutional clients shows that 61% expect to increase their cryptocurrency holdings. Meanwhile, 76% say the price of bitcoin could reach $100,000 this year.</strong> Goldman Sachs Sees No Signs of Institutional Demand …

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Shark Tank’s Kevin O’Leary Reverses Stance on Bitcoin, Says Crypto Is Here to Stay, Invests 3% of His Portfolio

<div class=”featured_image_container”> </div> <strong>Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has begun investing in bitcoin. Having previously called the cryptocurrency “garbage,” he has now changed his mind and believes that cryptocurrencies are here to stay. He is also getting used to the volatility of bitcoin and believes that institutional investors are willing to hold …

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World’s Largest Asset Manager Blackrock Enters Bitcoin Space — Discusses What’s Driving Up BTC Price

<div class=”featured_image_container”> </div> <strong>The world’s largest asset manager with almost $9 trillion in assets under management, Blackrock, has started investing in bitcoin. Sharing his view on what’s driving up the price of the cryptocurrency, the firm’s chief investment officer says the technology and the regulation have evolved to where people find bitcoin should be part …

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Asset Manager Stone Ridge’s NYDIG Sees Wall of Money Coming Into Bitcoin — Institutions Grow Beyond Owning BTC

<div class=”featured_image_container”> </div> <strong>The founder of Stone Ridge Asset Management and the New York Digital Investment Group (NYDIG) sees a “wall of money” coming into bitcoin based on his firm’s order book. The executive believes that institutions are just getting started and we will see an explosion of bitcoin-focused traditional financial products within a year.</strong> …

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