Brevan Howard is the latest asset management firm to delve into the booming crypto space. As per a Bloomberg report, the European hedge fund plans to invest 1.5% of its $5.6 bn assets under management into digital currencies. The firm will therefore buy about $84 million in cryptocurrencies for its clients. Brevan Howard Fund’s Position Per the report, Brevan’s crypto […]

Holding cryptocurrencies have made billionaires out of some of the leading figures in the crypto ecosystem. Usually, these crypto billionaires are CEOs of exchanges or long-term investors, but there is an anomaly this time, and the names or faces behind this billion-dollar status are still unknown. Bitfinex hackers now have $7.5 billion worth of Bitcoin in their possession These anonymous […]

The President of the United States, Joe Biden, has signed an executive order sanctioning US companies from participating in the Russian bond market. The White House said: “Treasury issued a directive that prohibits U.S. financial institutions from participation in the primary market for ruble or non-ruble denominated bonds issued after June 14, 2021 by the Central Bank of the Russian […]

The first Bitcoin exchange-traded fund (ETF) in North America has seen impressive results, recording $1 billion in assets two months after its official launch.  Purpose Bitcoin ETF Hits $1 Billion Milestone According to Purpose Investments on its website, the company behind the Purpose Bitcoin ETF, the product already raked in C$1.38 billion ($1.1 billion) in assets under management (AUM) as […]

Bitcoin has risen to a new high of $63,300 with it jumping by $2,000 at around 8AM euro time this morning as pictured above. That suggests Europe is driving its rise and the reason is probably because of the standoff between the Ukrainian and Russian army. “We will of course do everything possible to ensure our own security and the […]

Grayscale and TIME Magazine have inked a partnership deal that will see both firms create an educational video series aimed at enlightening the masses on bitcoin (BTC) and other cryptocurrencies.TIME and its president Keith Grossman will be paid in bitcoin (BTC) for the deal and the company has hinted that it will hold the digital currency in its balance sheet […]

Bitcoin price has finally closed a weekly candle over $60,000 on Binance for the first time in the asset’s history, marking the highest weekly close ever. However, just as such a moment is realized, a highly accurate top-sniping indicator with a three for three success rate has called the top of the current crypto market cycle. But could picking the […]

Galaxy Digital, a digital assets investment management firm, has become the latest company to file for a Bitcoin exchange-traded fund (ETF), with the U.S. Securities and Exchange Commission (SEC). Galaxy Digital Files for Bitcoin ETF In a Form S-1 published on Monday (April 12, 2021), Mike Novogratz’s Galaxy Digital stated its intention to launch a Bitcoin ETF called “Galaxy Bitcoin […]