Investor excitement ahead of the CME’s planned ether futures contract is one reason for the price push.
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NYDIG Expects to Hold $25B in Bitcoin for Institutional Clients by Year End
CEO Stevens said NYDIG’s institutional order books are looking bullish for the year.
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Blockchain Bites: MicroStrategy’s Macro Strategy for Bitcoin Treasuries
Bitcoin is being hoovered up faster than it’s mined, as Guggenheim predicts increased institutional inflows and Ruffer takes profits.
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How Bitcoin’s Taproot Upgrade Will Improve Technology Across Bitcoin’s Software Stack
Scaling, privacy and custody software will all benefit from Bitcoin’s biggest upgrade in years.
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CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC
The fund is starting out with $20 million in AUM, largely from family offices, and touts lower fees than the Grayscale Bitcoin Trust.
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Bitcoin News Roundup for Feb. 3, 2021
With BTC trading in its recent range and a look at DeFi in a post-WallStreetBets world, CoinDesk’s Market Daily is back with the latest news roundup.
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Miami Mayor Previews ‘Favorable’ Crypto Policy
In an interview with CoinDesk, Francis X. Suarez explains how he plans to attract the crypto industry to Florida.
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Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators: Report
Regulators have been clamping down on Ant Group, even cancelling its expected $35 billion twin IPO late last year.
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Ruffer Turns Bitcoin Investment Into $750M Profit in Under 2 Months
“We did not expect immediate fireworks,” said a Ruffer executive.
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The Block Founder Mike Dudas Takes Stablecoin Role at Paxos
The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos’ white-labeled stablecoin business.
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