Finding the sweet spot: Traditional financial institutions ready for DeFi

With the announcement of Aave Pro, a DeFi platform exclusively for institutional investors, the big boys may finally be getting ready to play with blockchain. Cryptocurrencies have been vying for the attention of large institutional investors for years and they’re finally getting the attention they wanted.

More Than Half of Institutions Expect To Invest in Digital Assets in the Future: Fidelity Study

A recent survey from Fidelity Digital Assets suggests that cryptocurrency is becoming more sought after by institutional investors.

Bitcoin security still a concern for some institutional investors

Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests. United Kingdom-based crypto fund Nickel Digital Asset Management released a survey of 100 wealth managers and global institutional investors to find out the biggest investor concerns associated with crypto. The survey features respondents from the United States, France, Germany, the United Arab Emirates and the United Kingdom, who collectively own $275 billion in assets under management.Conducted online from May to June 2021, the survey found low confidence among institutional investors in crypto security, with 76% of respondents citing concerns about the security of custodial services as one factor stopping them from investing in crypto. Respondents also identified the regulatory environment as a significant hurdle.

Bitcoin: This is what institutional investors are going to do in 5 years

Gone are the days when cryptocurrency was either associated with solely novice investors or illicit activities.

70% of Institutional Investors Plan to Buy Cryptocurrencies in The Future: Fidelity

Despite the price volatility of digital assets, most institutional investors find them as a tempting investment option, concluded Fidelity's latest research.

Majority of Institutions to Hold Digital Assets in Near Future, Survey Suggests

Most institutional investors look forward to adding digital assets to their portfolios, in spite of concerns over crypto market volatility.

Pre-Crash Survey: 70% Of Institutional Investors Considered Investing In Crypto

Before the crypto market started its downturn in April this year, around 70% of surveyed global institutional investors planned to buy cryptoassets eventually.

Fidelity Study Shows 70% Institutional Investors Eyeing for the Crypto Market

Despite institutional investment in the crypto market evaporating, a study conducted by Fidelity shows that 7 in 10 institutional investors are eyeing the crypto sector in the future, most of them intend to purchase digital assets.

Majority of institutional investors ready to buy digital assets, study says

A new study found that institutional investors’ appetite for digital assets, including cryptocurrencies, is growing. New data shows that institutional investors’ interest in cryptocurrencies and crypto-related businesses is continuing to grow. Fidelity Digital Assets, the crypto arm of the global asset management giant Fidelity Investments Inc, tasked Coalition Greenwich to survey 1,100 institutional investors to understand their expectations regarding digital asset investments.

This is how trading habits indicate Bitcoin's 'price is going to go...'

There has been widespread excitement lately, regarding the adoption of cryptocurrencies among institutional investors.

Fidelity Digital Assets Launches Hiring Spree Amid Strong Interest From Institutional Investors

Fidelity Digital Assets is getting ready to expand its cryptocurrency team as institutional demand heats up.

Cardano (ADA) Demand Rises Amongst Retail And Institutional Investors, Why This Is Happening

Recently, both institutional and retail investors have shown an increasing interest in Cardano.

Fidelity In Hiring Spree As Investors Eye Cryptoassets Beyond Bitcoin

Source: Fidelity, Instagram Fidelity Digital Assets (FDA), a crypto-focused arm of US-based mutual fund giant Fidelity Investments, aims to add about 100 workers, increasing its headcount by around 70%, as institutional investors are increasingly interested in cryptoassets beyond bitcoin (BTC).

82% of Institutional Crypto Investors Expect to Increase Market Exposure (Survey)

Per recent research, most institutional investors and wealth managers believe their crypto exposure will expand soon.

82% of Institutional Investors Plan to Increase Cryptocurrency Exposure: Survey

A survey by Nickel Digital Asset Management shows that 82% of institutional investors and wealth managers are planning to increase their cryptocurrency exposure between now and 2023.

Price analysis 7/7: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, SOL

Altcoin prices are moving higher as Bitcoin price holds a pattern of daily higher lows, a sign that the downtrend could be coming to an end. Bitcoin’s (BTC) range-bound action seems to be increasing the confidence of institutional investors looking to resume investing in cryptocurrencies.

Survey: 40% of institutional crypto investors intend to buy a lot more

More than 80% of institutional investors polled that have already invested in digital assets expect to increase their exposure.

The rise of oracles: Institutional investors need trusted crypto market data

It is crypto (economic) market data and various economic models that enable us to make sense of the emerging and messy crypto markets. In this article, I intend to discuss the importance of market data, decentralized finance (DeFi) econometrics and applied DeFi research on crypto (and digital) assets as a corollary to financial econometrics and applied research.

Aave to launch permissioned deployment for institutions in July

In response to “extensive demand from various institutions,” Aave’s permissioned deployment will go live this month. Leading DeFi money market, Aave, has announced plans to launch a permissioned version of its platform for institutional investors this month.The platform will be launched in partnership with crypto custodian and service provider, Fireblocks.On June 4, Twitter user “TraderNoah” shared a screenshot of an email they claim to have received after attending Blockworks’ “Next Steps in Institutional DeFi” webinar that featured Aave founder and CEO Stani Kulechov, Fireblocks CEO and co-founder Michael Shaulov, and Galaxy Digital CEO Mike Novogratz.Both during the conference and in the email, it was revealed that Aave’s institutional product, dubbed “Aave Pro,” intends to launch this month in response to “extensive demand from various institutions.”$AAVE Pro coming in July.For those that didn't attend the "NExt Steps in Institutional Defi" Zoom with Stani, here's a recap email I received.

Is Bitcoin in danger of losing $30K with Grayscale's big GBTC unlocking in two weeks?

Bitcoin prices remain under pressure in the $30,000-$40,000 zone as traders brace for the 16,000 BTC worth of GBTC shares unlocking in July. Whether a potential sell-off of shares tied to a multi-billion dollar Bitcoin (BTC) investment fund could crash the cryptocurrency's spot prices has turned into a hotly debated topic among the analysts in the space.Grayscale's premium remains negative for months The argument concerns Grayscale Bitcoin Trust, the world's largest digital assets manager that allows institutional investors to gain indirect exposure in the Bitcoin market through its product, GBTC.

ETH 'Unlikely' To Become 'Popular Currency' But It Still Can Compete With BTC

Generally speaking, it is highly unlikely that ethereum (ETH) will become a "popular currency," but it still may compete with bitcoin (BTC) in the long run, according to the crypto venture firm Dragonfly Capital. The firms' General Partner Kevin Hu and Junior Partner Celia Wan wrote in their recent report that as institutional investors are investing in BTC as its

Germany’s New Law Means 4,000 ‘Spezialfonds’ Can Now Invest In Bitcoin

Landmark legislation comes into force in Germany today, giving institutional investors permission to hold crypto assets. 

Celsius users to receive yield from its $200M Bitcoin mining investment

“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky. Alex Mashinsky, the CEO of centralized crypto money market Celsius, has revealed that a share of profits from the company's recent $200 million investment into Bitcoin mining infrastructure will be redistributed back to depositors.Speaking to Cointelegraph, Mashinsky stated the firm's mining expansion has added a fifth stream of yield generation for its crypto depositors — alongside lending funds to institutional investors, leveraging DeFi protocols, retail lending, and market making on centralized exchanges.In early June, Celsius announced it had invested more than $200 million into North American Bitcoin mining infrastructure and positions in Core Scientific, Rhodium Enterprises and Luxor Technologies.

New Bitcoin exposure Index to track equities that perform like BTC

Melanion Bitcoin Exposure Index tracks an equities basket with the highest correlation and revenue exposure to Bitcoin. Institutional investors are looking for ways to participate in the crypto market without going out of the regulated space or mastering the advanced technology behind Bitcoin (BTC), and asset managers are finding alternative solutions to meet the need.Paris-based investment management company Melanion Capital partnered with index platform Bita to launch the Melanion Bitcoin Exposure Index, according to information shared with Cointelegraph.

Institutional investors aren't buying Bitcoin at 50% of all-time highs …for now

Ahead of the major GBTC unlocking event, it seems institutions and retail alike have cold feet about $34,000 Bitcoin. Institutions are holding their breath when it comes to buying more Bitcoin (BTC), even at $34,000.According to data covering BTC balances on major exchange Coinbase, little mass buying has occurred in recent weeks.Institutional demand "still low," says analystDespite BTC/USD trading at over 50% below its recent all-time highs, there is curiously little interest in buying up the supply for many investors.Whether retail or institutional, adding Bitcoin to portfolios appears to be simply not as attractive as before, even with a conspicuous “discount.”“I know this is getting old, but Coinbase Bitcoin exchange balances still continue to go sideways,” researcher Jan Wuestenfeld commented on the data, tracked by on-chain analytics service Glassnode.

Bitcoin volatility still a concern for CEO of BNY Mellon subsidiary

Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors. Despite BNY Mellon’s entrance into Bitcoin (BTC), the CEO of one of the company’s asset management units is still sceptical about major risks associated with the world’s largest cryptocurrency.Francesca Fornasari, head of currency solutions at BNY Mellon’s subsidiary Insight Investment, believes that Bitcoin may not be suitable for most institutional investors due to extreme volatility, low liquidity, governance issues and environment-related risks.In a Tuesday Bloomberg interview, Fornasari said that Bitcoin can be more difficult to evaluate than gold due to its massive price swings, which further complicates its possible reactions in an inflationary environment. “At the end of the day, you should be aware of the fact that if you’re investing in Bitcoin, there’s a whole number of different factors and considerations that are going to affect the value of your investment, that have nothing to do with inflation or inflation hedges,” she said.The foreign exchange expert stated that Bitcoin’s slow and expensive transactions could be a major impediment to mainstream adoption.

Institutional Investors Losing Interest in Bitcoin: Report

Grayscale's Bitcoin Trust continues to trade at a discount and money is flowing out of Bitcoin ETFs in Canada.

21Shares to Launch a Solana (SOL) ETP on SIX Exchange on June 30th

Institutional investors will be able to get SOL exposure on a regulated exchange courtesy of 21Shares ETP going live on June 30th.

Tesla’s Elon Musk and Twitter’s Jack Dorsey Agree to Have ‘the Talk’ at Bitcoin Event ‘B Word’

Tesla CEO Elon Musk and Twitter CEO Jack Dorsey have agreed to have “the talk” at the bitcoin event called “The B Word,” which aims to show institutional investors how they can embrace bitcoin.

Elon Musk agrees to speak with Twitter CEO Jack Dorsey at Bitcoin event

Dorsey offered to let Musk share all his curiosities about crypto and otherwise at the July 21 event. Tesla CEO and Dogecoin enthusiast Elon Musk may be speaking at an event aimed at educating institutional investors on Bitcoin. In a Twitter discussion with Jack Dorsey overnight, Musk agreed to speak at The ₿ Word, a July 21 virtual event hosted by the Crypto Council for Innovation and featuring major players in the crypto space.

Major players will speak at a new Bitcoin event aimed at institutional investors

Featured speakers include Twitter CEO Jack Dorsey, Blockstream founder Adam Back, and Ark Invest's Cathie Wood. The Crypto Council for Innovation is hosting a virtual event on July 21 aimed to “destigmatize mainstream narratives about Bitcoin.”According to a Thursday announcement, Square, Ark Invest, and Paradigm are backing The ₿ Word, an event on “how institutions can embrace Bitcoin.” The project scheduled for launch next month will offer featured speakers including Twitter CEO Jack Dorsey, Blockstream founder Adam Back, Ark Invest's Cathie Wood, former acting and deputy director of the CIA Michael Morell, and John Newbery, director of Brink — a nonprofit focused on supporting Bitcoin development.

JPMorgan Survey: 49% of Institutional Investors Agree Cryptocurrency Is ‘Rat Poison’ as Warren Buffett Says or a Fad

Investment bank JPMorgan conducted a survey of thousands of investors from 1,500 institutions and found that 49% of them think that cryptocurrency is either “rat poison squared,” the term used by Berkshire Hathaway CEO Warren Buffett to describe bitcoin, or “a temporary fad.” 49% of Investors Told JPMorgan Cryptocurrency Is a Fad or ‘Rat Poison […]

Mike Novogratz: Institutional Investors Will See Bitcoin’s Price Decline as Opportunity to Buy

Galaxy Digital CEO Michael Novogratz says he is not nervous about bitcoin’s price falling, even when it falls below $30K.

Why Bitcoin and DeFi are 'some way on everyone’s to-do list'

More institutional investors turned to Bitcoin, altcoins, and DeFi as additions to their portfolios over the past year due to the rising inflation concerns regarding the Dollar. In a recent podcastThe post Why Bitcoin and DeFi are 'some way on everyone’s to-do list' appeared first on AMBCrypto.

Institutional Investors Trimming Bitcoin Holdings for Six Consecutive Weeks, According to CoinShares

Digital assets manager CoinShares unveils that institutional investors are downsizing their Bitcoin holdings for the sixth straight week.

3 reasons why Ethereum may underperform Bitcoin in the short-term

Ether could take longer than 12 months to regain ground versus Bitcoin due to increased uncertainties surrounding the shift to ETH 2.0 and reservations from institutional investors.

Institutional Money Moving to Cardano and Stellar As Bitcoin and Ethereum Take a Breather: CoinShares

Emerging blockchain platform Cardano (ADA) and open-source blockchain payment platform Stellar Lumens (XLM) are capturing the attention of institutional investors, according to digital asset investment firm CoinShares.

Are Solana, KAVA, Maker, Polkadot good bets in this timeframe?

One of the market's top institutional investors, Grayscale, has updated its list of investments in cryptocurrencies, adding 13 new altcoins to its portfolio.

19 Trillion-Dollar Firms Have Bought Bitcoin – Digital Asset Manager Reveals Why

As crypto adoption continues to establish itself in the mainstream, this digital asset management firm is showing where Bitcoin ownership is spreading among institutional investors.

Bitwise secures $70M in Series B funding from major Wall Street investors

Bitwise has attracted significant investment from major American institutional investors to the tune of $70 million. Bitwise, a four-year-old crypto asset management firm has closed a Series B funding round, raising $70 million in fresh capital from investors.According to a report by CNBC on Tuesday major Wall Street figures like billionaire investor and Bitcoin (BTC) proponent Stanley Druckenmiller and David McCormick, CEO of asset management giant Bridgewater participated in the funding.Commenting on the stellar cast of investors, CNBC quoted Bitwise CEO Hunter Horsley stating that the company was keen to attract major Wall Street and crypto backers.Bitwise will reportedly utilize the newly raised funds to beef up its balance sheet as well double the size of its team.

Hedge Fund CFOs and Insurers Show a Growing Appetite for Crypto

There seems to be a rapidly growing appetite for cryptoassets among institutional investors, as nearly a 100% of surveyed hedge fund chief financial officers (CFOs) see their funds investing in crypto by 2026, and more insurers are seen buying shares of Grayscale Bitcoin Trust or Grayscale Ethereum Trust. As much as 98% of hedge fund CFOs expect their funds to invest in

Algorand (ALGO) price strengthens as institutional investors back the project

Backing from institutional investors and a series of new partnerships could help ALGO break from its current range in the coming week.

A New Era of Crypto: Digital Switchover 2.0

As cryptocurrencies begin to cement themselves into the wider financial system thanks to growing interest from previously wary institutional investors and blockchain technology’s increasing integration into our everyday lives, the way is being gradually paved for a world where all money and financial products are digital.

One River Digital sees spike in demand for carbon neutral Bitcoin

After introducing a new carbon-neutral system for Bitcoin investment in April, One River Digital has already applied for a carbon-neutral BTC ETF. Institutional investors have been showing a stronger appetite for a carbon-neutral Bitcoin (BTC) investment solution by One River Digital Asset Management.One River Digital, a crypto-focused hedge fund offering exposure to Bitcoin and Ether (ETH), announced Wednesday that an “overwhelming majority of assets” in its institutional Bitcoin fund have chosen to switch to One River’s new carbon-neutrality share class.In April, the company introduced a new system that calculates the carbon cost of Bitcoin mining and buys tokenized carbon credits in order to offset the environmental impact.

Mike Novogratz: Bitcoin Investors Waiting for a New Narrative Shift

Mike Novogratz declared institutional investors are waiting for the next narrative shift in a recent interview at the Bitcoin 2021 conference in Miami.

US Institutional Bitcoin Demand Has Dried Up, says On-Chain Analyst

On-chain analyst William Clemente III noted that Bitcoin demand by US institutional investors had slowed down.

21shares to Launch Bitcoin ETP for Institutional Investors in the UK

Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in Britain.

Record $141M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares

Institutional investors withdrew a record $141 million from Bitcoin investment products this past week.

Ruffer made a profit of $1.1 billion from its recent BTC sale

The largest cryptocurrency, Bitcoin in the market has seen a lot of institutional investors the past year, but some institutions don't seem to be in it for the long term, i.e.

Digital bank Anchorage offers Ethereum-backed loans to institutions

Institutional investors can get USD on credit without liquidating their ETH. Crypto custody bank Anchorage Digital is expanding its services into crypto-backed loans for institutional investors.Clients at Anchorage can now access a line of USD credit backed by Ethereum through its partnership with US commercial bank BankProv.Anchorage Financing will introduce a simple way for investors to put their Ethereum holdings to work, enabling them to access USD to meet their needs without liquidating their holdings according to the announcement.

Institutions Gobbling Up Cardano and Two Additional Altcoins During Crypto Market Plunge: CoinShares

Digital assets manager CoinShares says institutional investors are buying Cardano (ADA), XRP and Polkadot (DOT) as the crypto market struggles to recover from a massive correction.

Institutional investors load up ETH, with its share of AUM hitting a new record

Institutional investors continue to exit BTC in favor of ETH, with Ether investment products now representing more than one-quarter of institutional crypto AUM. Institutional demand for Ethereum continues to surge, with Ether products now representing more than one quarter of the assets under management (AUM) of crypto investment products.According to CoinShares’ June 1 Digital Asset Fund Flows Weekly report, the past week saw significant institutional inflows of $74 million as investors sought to capitalize on the fall out from the recent crash in which many crypto assets lost more than 50% of their value.More than 63% of institutional inflows were injected into Ether products, or $46.8 million of the total.

Experts answer: How does Elon Musk affect crypto space?

Here’s what crypto and blockchain industry experts think about Elon Musk’s recent comments on cryptocurrency. Wes Levitt, the head of strategy at Theta Labs:“Musk’s tweets and the resulting effects certainly may have hurt crypto in the eyes of some institutional investors.

Bearish signals grow as Bitcoin price drops to $35K and traders ignore the dip

Bitcoin price hangs slightly above $35,000 while traders simply watch the dip from the sidelines. The cryptocurrency market faced a new wave of selling pressure on May 28 as Bitcoin (BTC) price dropped to $35,100 and traders seem generally disinterested in buy the dip ahead of the weekend.Despite the downside moves seen across the market over the past couple 2 weeks, institutional investors have for the most part held firm in their resolve to stay committed to cryptocurrencies but the absence of 'we bought the dip' announcements have retail traders wondering if Bitcoin price is in for further downside.BTC/USDT 4-hour chart.

For the long haul? When Bitcoin nosedived, institutions held fast

Institutional investors know crypto assets are volatile: “They’re making a generational bet and are not deterred by a few weeks of volatility.” Mid-May’s price plunge was one of crypto’s wildest pullbacks in recent years, a tumble that eliminated nearly $1 trillion from crypto’s market value. The industry had soared to new heights a month earlier, with Bitcoin (BTC) reaching almost $64,000, driven in good part by institutional investors.

Lack of knowledge is main barrier to crypto adoption, new survey says

55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies. Among the many complications associated with cryptocurrencies like Bitcoin (BTC), a lack of knowledge and understanding of crypto is the biggest obstacle for wider adoption, according to a new survey.The Economist Intelligence Unit, the research and analysis division of the Economist Group, released a new report called “Digimentality 2021.”The study was commissioned by major payment and cryptocurrency platform Crypto.com and contains a consumer survey of 3,053 people conducted from February to March 2021.According to survey results, 51% of respondents said a lack of knowledge is the main barrier to the adoption of open-source cryptocurrencies like Bitcoin and Ether (ETH), while 34% of survey participants cited security concerns as the main obstacle, and 29% indicated difficulties in knowing where to buy crypto.In terms of crypto acceptance by institutional investors and corporate treasuries, 47% of respondents said that overall market trust or understanding of digital currencies was the biggest adoption obstacle.

Coinbase Goes After Institutional Customers Amid Investment Surge

US-based crypto exchange giant Coinbase is expanding its offer for institutional investors with a prime brokerage service, Coinbase Prime, building on its earlier success in attracting more than 8,000 customers in this market as of last March, the company said. “Today we are doubling down on our commitment to serving the growing Institutional market by launching the

Goldman Sachs Says FOMO Is Driving Institutional Investors to Bitcoin

Investment bank Goldman Sachs says institutional investors and asset managers are driven to bitcoin by “fear of missing out” (FOMO).

Retail Traders Catalyzed Latest Bitcoin ‘Panic Sale:’ Chainalysis

Institutional investors didn’t sell much of their crypto holdings on “Black Wednesday”—but retail traders did, according to a new report.

JP Morgan: Institutions May Replace Bitcoin for Gold As BTC Plummets Below $40K

JP Morgan experts believe that institutional investors might replace bitcoin with gold since the price of the digital asset collapsed.

Coinbase to raise $1.25B via debt securities for institutional investors

With shares in the Nasdaq-listed cryptocurrency exchange continuing to underperform, Coinbase is seeking a $1.25 billion cash injection from institutional investors. United States-based cryptocurrency exchange Coinbase seeks to raise $1.25 billion in funds through a proposed private offering for institutional buyers. According to an announcement on May 17, the offering will be in the form of convertible senior notes due 2026, available only for institutional investors who manage a minimum of $100 million in securities issued by other companies.

Institutions dump BTC as volume soars for Ether funds

Institutional investors appear to have offloaded nearly $100 million worth of Bitcoin exposure this past week while Ether investment product volumes surged. CoinShares’ weekly Digital Asset Fund Flows report has revealed last week saw the largest Bitcoin in the report’s history as Elon Musk’s Twitter account again wreaked havoc in the crypto markets.The May 17 report notes $98 million exited Bitcoin investment products last week, equating to 0.2% of total assets under management, or AUM.

Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies

The Spanish financial regulator is easing the entity’s tough stance towards cryptocurrencies by announcing an unprecedented measure that green lights institutional investors to enter into such business decisions.

DeFi growth helps push crypto’s share of the global money supply above 2%

The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption. This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin. While the price action from Dogecoin (DOGE) has dominated the headlines in recent weeks, Delphi Digital has been chronicling the growth of the DeFi ecosystem on the Ethereum (ETH) network which has steadily been gaining strength over the past month.

Spanish Regulator Green-lights Institutional Crypto Investment

Spain’s market regulator has announced that it will allow firms operating funds to make crypto investments – but only under certain conditions. Per El Economista, the National Securities Market Commission (known locally as the CNMV) has published a new set of guidelines for institutional investors.

Diginex's crypto custody arm receives green light from UK financial watchdog

The firm said clearing the regulatory hurdle had the potential to drive more institutional investors towards crypto custody solutions. Financial regulators in the UK have approved Digivault, the security token custody arm of digital assets group Diginex, to register as a custodian wallet provider.In an announcement from Diginex today, the firm said the Financial Conduct Authority, or FCA, had given the green light to Digivault to register as a stand-alone digital asset custodian in the United Kingdom.

Gemini's crypto custody tops $30B as analyst predicts Coinbase shares will fall to $100

Gemini's crypto assets in custody have trebled this year which the exchange attributes to surging interest from institutions and asset managers, The Winklevoss twins’ Gemini exchange now has $30 billion worth of cryptocurrencies under custody as competition heats up among top US exchanges.In a May 11 announcement, the exchange attributed much of the growth this year to strong demand from institutional clients: “Tracking with the impressive growth of the crypto market this year and increased participation from institutional investors, we have more than tripled our crypto under custody since the beginning of 2021.”Gemini works with large asset managers including BlockFi, Blockchange, CoinList, CI Global Asset Management, DAiM, BTG Pactual, Caruso, Eaglebrook Advisors, and WealthSimple.The New York-based company was founded in 2014 by Cameron and Tyler Winklevoss.

DeFi lending platform Aave reveals 'permissioned pool' for institutions

Designed for institutional investors, the lending pool will feature KYC and AML restrictions.

Institutional Investors Are Behind Ethereum’s Surge Above $4,000: Analyst

Although numerous factors are going in Ethereum's way, the latest surge above $4,000 could be largely attributed to institutional investors, says CryptoQuant.

Institutions Bought Another $620M Worth of Bitcoin as Miners Refuse to Sell: Analysis

Institutional investors have bought another $620M worth of bitcoin, while miners refuse to sell their coins - is the asset preparing for lift-off?

6 Corporate Giants Hold Bitcoin Worth More Than $11.4 Billion

Blockchain insights provider BlockData has acknowledged that six corporate giants have taken the Bitcoin holding culture a notch higher as they have BTC worth more than $11.4 billion in their custody.

‘Blood Coins’ Big Problem for Institutional Investors, Says Shark Tank Veteran Kevin O’Leary

The chairman of exchange-traded fund (ETF) provider O’Shares Investments and Shark Tank star Kevin O’Leary believes unsustainably mined cryptocurrencies pose a challenge to institutional investors.

OKEx Insights-CryptoCompare Report: Institutional Investors Exhibit Increased Interest in Ethereum

The second-largest cryptocurrency in terms of market cap, Ethereum is creating history as its value hovers around the recently found all-time high.

When Can We Expect Bitcoin's Biggest Loss in 2021?

Disclaimer: The text below is a press release that was not written by Cryptonews.com. One of the biggest changes in the crypto community in 2020 is the keen adoption of Bitcoin by institutional investors.

Bitstamp announces US expansion after 570% increase in customers

"The potential upside for new retail and institutional investors in the US is astronomical," said CEO Julian Sawyer. One of the oldest exchanges in the crypto space recently announced that it would be ramping up efforts to reach more users in the United States. In an announcement from Bitstamp today, the crypto exchange said it would be launching a marketing campaign in the US aimed at educating retail investors about crypto following significant growth in the first quarter of 2021.

Fidelity Investments Launches Crypto Analytics Platform Sherlock for Institutional Investors

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.

Unido & AllianceBlock partner for decentralization of Capital Markets

Institutional investors and asset managers are quickly waking up to the fact that holding crypto assets is only a small part of the opportunities offered by the burgeoning market.

Institutional Bitcoin Adoption in Asia is Making a Big Step Forward

Bitcoin adoption in Asia is taking a new turn as more institutional investors are joining the network.

OKEx Insights + Catallact : Bitcoin Market Witness the Growth of Retail Participation as Institutional Investors Continue to Lead

The flagship cryptocurrency, Bitcoin continues to be the community’s favorite as its value hovers over $50000 while exhibiting strong potential for further growth.

Huobi Group launches 4 crypto funds targeting $100M in assets

Huobi Group is targeting institutional investors with its new crypto-focused private equity offerings.

Here's what the average US adult knows about XRP, Cardano, Litecoin, Chainlink, DOT, BCH, USDT

In 2020 we witnessed institutional investors step forward in support of cryptocurrency; major companies like PayPal, MicroStrategy, and TIME put forward their bitcoin strategy to either supp The post Here's what the average US adult knows about XRP, Cardano, Litecoin, Chainlink, DOT, BCH, USDT appeared first on AMBCrypto.

Solana (SOL) hits new highs as DApps, DeFi and stablecoins join the network

Solana price is pushing toward new highs as an increasing number of DApps, DeFi projects and stablecoins build platforms on the network. The arrival of institutional investors and the rise of decentralized finance (DeFi) has been an incredible boon for the entire cryptocurrency sector but it has also highlighted a number of persistent limitations that many blockchain networks encounter when faced with surges in activity and the need to scale.   High fees and slower transaction times on the Ethereum (ETH) network have left the door open for new layer-1 solutions to emerge, and Solana (SOL) is one such project that has been gaining traction lately.

Institutional XRP inflows surge as AUM nearly doubles

Institutional investors have rallied around XRP and other altcoins this past week, with nearly $33 million being injected in XRP investment products. Institutional investors have rallied around XRP this past week, with the assets under management, or AUM, or XRP investment products nearly doubling. According to CoinShares’ weekly digital asset fund flows report, roughly $33 million flowed into XRP products this week, pushing the sector’s AUM up to $83 million. The report describes the week as the most bullish for institutional crypto products since early March, with $233 million injected in institutional funds. Altcoins saw renewed market action overall, with $65 million allocated to Ethereum products, while Binance Coin funds took in $3 million, Bitcoin Cash saw $4 million, Polkadot received $5 million, and Tezos attracted $7 million worth of in flows.

Gemini exchange’s crypto custody doubled since January, reaching $25B

Gemini Custody has quickly emerged as a leading platform for institutional investors.

Atomic swaps and network upgrades send Monero (XMR) price to a 3-year high

Monero price is closing in on its 2017 all-time high as network upgrades, atomic swaps and real-world integrations catch the attention of retail and institutional investors.

What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies

Following Dogecoin’s lead, Ethereum Classic rallied to a new all-time high and Bitcoin Cash price doubled as altcoin forks start to gain traction. It’s undeniable that Bitcoin (BTC) and Ethereum (ETH) are currently the two most dominant cryptocurrencies and as a result they receive the most of the attention from the mainstream media, institutional investors, and retail investors, but this doesn't mean that the sector leaders are not occasionally challenged by competitor networks. Two forked projects that once sought to challenge Bitcoin and Ethereum for their seats at the top are Bitcoin Cash (BCH) and Ethereum Classic (ETC).

Central Bank of Turkey to Ban Use of Cryptocurrencies to Purchase Goods amid Bitcoin Boom

Although many retail and institutional investors alike have been gripped by Bitcoin fever lately, as the cryptocurrency has hit a new record-high, not all banking institutions are convinced by the digital asset’s benefits.

Price analysis 4/14: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, DOGE, LINK

Today's Coinbase (COIN) listing is likely to remain a focal point that will dictate the short-term price action in Bitcoin and altcoins. Coinbase (COIN) listing on Nasdaq could eventually boost cryptocurrency adoption and attract droves of institutional investors.

Badger DAO integrates with institutional DeFi gateway Fireblocks

The Bitcoin-on-Ethereum project gets a major institutional breakthrough via Fireblocks. In a blog post today, decentralized finance (DeFi) protocol Badger DAO announced a forthcoming integration with Fireblocks, a digital asset storage, management, and DeFi on-ramp for institutional investors.  “We’re excited to announce a strategic partnership between Fireblocks and BadgerDAO to enable their 200+ institutional clients to securely hold Badger assets on their platform and put their Bitcoin to work through the Badger protocol,” reads the post. BadgerDAO founder Chris Spadafora said that the integration will help make Badger’s vaults and products more accessible to institutional investors, and not just the retail DeFi crowd: “Our intention is to further help onboard institutional Bitcoin holders to defi.

DeFi’s money markets are finally luring in institutional investors

The explosive growth of DeFi’s money markets over the last few years has finally gotten the attention of institutional investors.

Shark Tank Veteran Kevin O’Leary Says He’s Only Buying Bitcoin Under These Conditions

Famed investor and business tycoon Kevin O’Leary says he’s buying Bitcoin, but only under some strict conditions.  In an interview with CNBC, the Shark Tank star says as the crypto space grows, institutional investors will opt for coins that are mined within a certain set of ethical standards, the same way they look at other […] The post Shark Tank Veteran Kevin O’Leary Says He’s Only Buying Bitcoin Under These Conditions appeared first on The Daily Hodl.

JP Morgan: Bitcoin’s Decreasing Volatility Makes It More Appealing to Institutions, Revises BTC Price Prediction to $130K

JP Morgan says that bitcoin’s volatility has decreased in recent weeks, making the cryptocurrency more appealing to institutional investors.

Anthony Scaramucci Bullish on Ethereum But Institutional Demand Goes to Bitcoin Only

While revealing a bullish stance on Ethereum's future, Anthony Scaramucci said institutional investors continue to ask only about Bitcoin.

Pension funds and insurance firms alive to Bitcoin investment proposal

Bitcoin’s appeal among institutional investors is spreading toward insurance firms and life and annuity companies. Life and annuity companies are increasingly dedicating part of their asset base to Bitcoin (BTC).

Crypto Investing Reaches a Tipping Point: altFINS Launches Its Global Crypto Trading Analytics Web App

The number of individual and institutional investors in digital asset category is rapidly expanding – in 2020, spot trading volumes in cryptocurrencies increased by 53%.

UK's FCA issues policy statement requiring crypto-businesses to submit REP-CRIMs

Bitcoin and the rest of the crypto-market have noted a startling rise on the price charts over the past year, with the scale of its gains capturing the attention of public and institutional investors The post UK's FCA issues policy statement requiring crypto-businesses to submit REP-CRIMs appeared first on AMBCrypto.

Bitcoin Price Fights For Balance as Number of BTC Holders With 0.1 Coins Reaches New ATH

The number of BTC retail holders are increasing, spurring bullish sentiment that may prompt the market to recover from overnight dips experienced by Bitcoin.

Kraken’s Dan Held Says Arrival of Institutional Herd Could Ignite Intense Bull Market

Institutional investors may usher in the most extreme portion of the Bitcoin bull market yet, according to Kraken’s growth lead Dan Held.

Expect More Crypto Startups to Get Bought Up by Big Tech: PwC

Institutional investors will continue to get involved in crypto, the Big Four firm said in a new report.

Institutions & Retail Compete For Bitcoin - Whose Hands Are Stronger?

The institutional investors are here, bringing with them billions of dollars and record-high bitcoin (BTC) prices.