Strategic investor Lyn Alden’s outlook on Bitcoin remains bullish despite growing risks
Digital payments company Square, led by Twitter CEO Jack Dorsey, decided to hit the brakes—at least for the time being—on Bitcoin (BTC) purchases after losing $20 million on its previous crypto investments, the firm’s CFO Amrita Ahuja told Financial News yesterday.
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San Francisco-based crypto investment company Bitwise Asset Management has announced the launch of its Bitwise Crypto Industry Innovators (BITQ) exchange-traded fund on Wednesday.
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NiiFi, a new decentralized exchange (DEX) and lending protocol aimed at mainstream use cases, today announced that it has successfully closed a $3 million seed round, as per a press release.
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Chinese publicly listed firm Success Universe Group Ltd, which is a major investor in Macau-based casino and hotel resort Ponte 16, announced that it has purchased 24.3 Bitcoin ($1.35 million currently) as part of its portfolio diversification strategy, Inside Asian Gaming reported today.
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Major Swiss investment banking company UBS is currently in the “early stages of planning” to offer its rich clients some options to invest in cryptocurrencies, knowledgeable sources told Bloomberg today.
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Barry Silbert, founder and CEO of crypto investment giant Grayscale Investments’ parent company Digital Currency Group (DCG), revealed that his firm has opened a $1 million short position on Dogecoin (DOGE), betting on the token’s decline.
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With professionals stepping into the NFT space, the market is set to mature, making digital art a part of traditional collectibles.
The New York Digital Investment Group, or NYDIG, tapped Jon Dalby as its new CFO.
US bank Goldman Sachs has launched a cryptocurrency trading team, as per a report this morning on news outlet CNBC.
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