Investments

MicroStrategy

MicroStrategy: Another Dip, Another $10M Bitcoin Purchase

Daniel PalmerMay 18, 2021

The listed firm now holds 92,079 BTC bought for a total of $2.251 billion.

Grayscale

Grayscale Seeks SEC Reporting Status for Its Digital Large Cap Fund

Daniel PalmerMay 13, 2021

The crypto asset manager's bitcoin and ethereum trusts both achieved reporting status last year.

Investments

India’s ICICI Bank Stops Customers From Making Overseas Crypto Investments

Omkar GodboleJul 13, 2021

ICICI Bank is telling customers not to use foreign remittances to invest in cryptocurrencies.

Solana

5 New Funds Bring $100M to Boost Growth of the Solana Ecosystem

Sebastian SinclairMay 7, 2021

The funds are each bringing $20 million in investment to boost growth and development for Solana in the Chinese region.

China

PBoC Softens Tone Toward Bitcoin, Stablecoins, Calling Them ‘Alternative Investment’

Sebastian SinclairApr 19, 2021

The deputy governor said bitcoin and stablecoins were investment options and not currency during the Boao Forum on Sunday.

Investments

Filecoin

Tech Consortium to Spend $1.3B to Build Filecoin Mining Facility in China

Sebastian Sinclair

Upon its completion, the facility will be the largest filecoin distributed storage infrastructure project in China.

Digital Assets

Goldman Sachs to Offer Bitcoin to Wealth Management Clients

Tanzeel Akhtar

A memo obtained by CoinDesk lays out the bank’s approach to providing clients with access to bitcoin and other digital assets.

Investments

Bitcoin IRA Reports Clients Invested Over $100M in ‘IRA Earn’ Program

Tanzeel Akhtar

The new program allows investors to deposit funds into a self-directed retirement account.

Markets

Bitcoin 1Q Retail Flow Exceeding Institutional Investment: JPMorgan Strategist

Damanick Dantes

The decline in institutional investment may be one reason behind bitcoin's failure to hold above $60,000.

DeFi

Alameda Research Pumps $20M Into Cross-Chain DeFi Platform Reef Finance

Tanzeel Akhtar

Sam Bankman-Fried's investment shop has bought $20 million in REEF tokens, with an eye to purchasing more.

Fetch.ai

Fetch.ai Nabs $5M in Institutional Investment; Fireblocks to Add Support for FET Token

Sebastian Sinclair

The funding will be used to build out the machine-learning platform's existing and future applications.

NYDIG

Soros, Morgan Stanley Join $200M Investment in Bitcoin Firm NYDIG

Zack Seward

NYDIG, the firm that facilitated MassMutual's $100 million bitcoin buy last year, has raised $200 million from a cadre of big-name investors.