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The Bahamas Central Bank Digital Currency Will Be Rolled Out in October

The Bahamas Central Bank Digital Currency Will Be Rolled Out in October

The Bahamas Central Bank has announced its CBDC, dubbed Sand Dollars, will be ready by next month for roll out.

Will Bitcoin Skyrocket or Plunge? Young Traders Have Wrecked US Stock Market, Says Fund Manager

Will Bitcoin Skyrocket or Plunge? Young Traders Have Wrecked US Stock Market, Says Fund Manager

The president of Smead Capital Management addressed the topic of current trends of the US stock market in an interview with CNBC.

Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report

Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report

In an annual report by Elwood Asset Management and consulting firm PricewaterhouseCoopers (PwC), the value of assets under management at cryptocurrency hedge funds has soared to $2 billion, doubling the value in 2019. Billionaire hedge fund manager Paul Tudor Jones was reportedly looking to buy Bitcoin to hedge against inflation as central banks across the world are printing money to relieve economies affected by the coronavirus pandemic.

State Street: Most Asset Managers are Bullish on Blockchain and Crypto

State Street: Most Asset Managers are Bullish on Blockchain and Crypto

Boston-based asset manager State Street published a report on industry trends in 2020, highlighting the growth of cryptocurrencies and blockchain in the financial services industry.

US Department of Justice Works with International Agencies to Crack Down NetWalker Ransomware

US Department of Justice Works with International Agencies to Crack Down NetWalker Ransomware

The US Department of Justice has led international efforts that have seen half a million dollars in cryptocurrency seized from the NetWalker ransomware group.

Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand

Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand

Institutional-grade digital asset manager, Grayscale Investments is up $3.4 billion in assets under management (AUM) over the last week, bringing total AUM to $16.4 billion.

No One is Losing Bitcoin Keys Anymore, says Galaxy Digital CEO Mike Novogratz

No One is Losing Bitcoin Keys Anymore, says Galaxy Digital CEO Mike Novogratz

Former Goldman Sachs hedge manager and seasoned investor Mike Novogratz said that nowadays, losing Bitcoin keys just does not happen anymore.

Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years

Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years

Crypto analyst Willy Woo recently highlighted that with the Bitcoin adoption rate witnessed in history, 30% of the world would own Bitcoin in 4 years' time.

Partner at Proof of Capital Presumes That China’s Digital Currency Could Go Live in No Time

Partner at Proof of Capital Presumes That China’s Digital Currency Could Go Live in No Time

In her view, Edith Yeung, fund manager, and partner at Proof of Capital, a blockchain-based venture capital fund, presumed that the Chinese Government could launch their digital currency, virtual yuan, in no distant time, assumably, within the next six to twelve months.

US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

Wealth manager, Sandi Bragar, considers PayPal as the best choice for businesses because of its bet on cryptocurrency.

Institutional Investors Own 16% of Bitcoin’s Realized Market Capitalization

Institutional Investors Own 16% of Bitcoin’s Realized Market Capitalization

16% of BTC's realized market cap is now owned by institutional investors, according to the CEO of CryptoQuant.com.

$115 Million in Bitcoin Was Acquired by an Asset Manager as its Primary Treasury Reserve Asset

$115 Million in Bitcoin Was Acquired by an Asset Manager as its Primary Treasury Reserve Asset

Stone Ridge Asset Management, home to $13 billion in assets under management (AUM) has recently purchased $115 million in Bitcoin.

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