Jack Dorsey’s Square has ‘no plans’ to purchase more Bitcoin ‘at this point’

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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Bitwise launches crypto ETF (but not exactly the kind everyone’s waiting for)

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 raises $3 million in seed round to bring instant finality to DeFi

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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Macau casino investor bets on Bitcoin (BTC) amidst a bleak economic outlook

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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Swiss bank UBS ponders offering Bitcoin investments to wealthy clients

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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Grayscale’s parent company bets $1 million on Dogecoin’s decline

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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