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JPMorgan Plans to Launch Basket Product of Companies with Exposure to Bitcoin
JPMorgan Plans to Launch Basket Product of Companies with Exposure to Bitcoin
News  -  Business  -  Mar 08, 2021 by Thomas M

A number of SEC filings on Tuesday reveal plans by JPMorgan to launch what it calls a "Cryptocurrency Exposure Basket," a basket of 11 stocks by companies considered to have some exposure to Bitcoin and cryptocurrencies. According to the documentation, the included U.S.-listed stocks were selected

Bitcoin Bull Market Spurs China's Investors to Action
Bitcoin Bull Market Spurs China's Investors to Action
News  -  Bitcoin  -  Mar 08, 2021 by Dariusz Z

Chinese companies are racing to raise funds and enter into or expand their existing operations in the Bitcoin space, largely thanks to Bitcoin's recent price action. Reuters reported on Tuesday that Chinese Bitcoin mining application-specific integrated circuit (ASIC) producer Ebang based $170 million in two separate funding rounds

German Bank Donner & Reuschel to Launch Bitcoin Services
German Bank Donner & Reuschel to Launch Bitcoin Services

Donner & Reuschel, a private bank in Germany founded in 1798, is planning to launch crypto asset services. Finance Magnates reported on March 9 that Donner & Reuschel announced plans to launch a suite of crypto asset services, including bitcoin trading, digital asset custody, and asset tokenization. The bank reportedly

News  -  Business  -  Mar 08, 2021
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German Bank Donner & Reuschel to Launch Bitcoin Services
German Bank Donner & Reuschel to Launch Bitcoin Services

Donner & Reuschel, a private bank in Germany founded in 1798, is planning to launch crypto asset services. Finance Magnates reported on March 9 that Donner & Reuschel announced plans to launch a suite of crypto asset services, including bitcoin trading, digital asset custody, and asset tokenization. The bank reportedly

News  -  Business  -  Mar 08, 2021
JPMorgan Plans to Launch Basket Product of Companies with Exposure to Bitcoin
JPMorgan Plans to Launch Basket Product of Companies with Exposure to Bitcoin

A number of SEC filings on Tuesday reveal plans by JPMorgan to launch what it calls a "Cryptocurrency Exposure Basket," a basket of 11 stocks by companies considered to have some exposure to Bitcoin and cryptocurrencies. According to the documentation, the included U.S.-listed stocks were selected

News  -  Business  -  Mar 08, 2021
Bitcoin Bull Market Spurs China's Investors to Action
Bitcoin Bull Market Spurs China's Investors to Action

Chinese companies are racing to raise funds and enter into or expand their existing operations in the Bitcoin space, largely thanks to Bitcoin's recent price action. Reuters reported on Tuesday that Chinese Bitcoin mining application-specific integrated circuit (ASIC) producer Ebang based $170 million in two separate funding rounds

News  -  Bitcoin  -  Mar 08, 2021
Bitcoin Sees "Huge" Institutional Demand: Goldman Sachs Head of Digital Assets
Bitcoin Sees "Huge" Institutional Demand: Goldman Sachs Head of Digital Assets

According to Matt McDermott, the head of digital assets at major investment bank Goldman Sachs, institutional demand for Bitcoin is currently particularly high. The banker explained during a podcast that a recent survey revealed that 40% of the nearly 300 Goldman Sachs institutional customers already have exposure to cryptocurrencies by

News  -  Bitcoin  -  Mar 07, 2021
Norwegian Listed Company Launches Unit to Invest in the Bitcoin Ecosystem
Norwegian Listed Company Launches Unit to Invest in the Bitcoin Ecosystem

Norwegian holding company Aker ASA has set up a new unit to invest in Bitcoin and the wider Bitcoin ecosystem, according to an announcement published on Monday. The industrial investment company focused on oil, gas, and renewable energy, among other sectors, shared that the new company, called Seetee, has a

News  -  Business  -  Mar 07, 2021
Taiwanese Semiconductor Giant TSMC Limits Chip Supply for Bitcoin Miners
Taiwanese Semiconductor Giant TSMC Limits Chip Supply for Bitcoin Miners

Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest independent producer of semiconductors, is reportedly throttling its supply to bitcoin mining hardware manufacturers. Local news outlet China Money Network reported on March 5 that TSMC is limiting the access that mining hardware manufacturers have to its production output due

News  -  Technology  -  Mar 04, 2021
Three Weeks After Launch, Canadian Bitcoin ETF Now Holds Nearly 11,300 BTC
Three Weeks After Launch, Canadian Bitcoin ETF Now Holds Nearly 11,300 BTC

North America's first Bitcoin ETF launched in Canada last month, and already holds nearly 11,300 BTC. Canadian asset manager Purpose Invest reports that, as of March 4, its Bitcoin ETF has $722 million CAD in assets under management, equivalent to about $571 million USD. The Ontario Securities

News  -  Markets  -  Mar 03, 2021
Iran Considers the Use of Bitcoin Mining to Avoid Sanctions
Iran Considers the Use of Bitcoin Mining to Avoid Sanctions

Iran should engage in large-scale Bitcoin mining and could use digital assets to circumvent international sanctions, according to the research arm of the Iranian President's office. Local news outlet IranWire reported on March 2nd that the Iranian Presidential Center for Strategic Studies has published a research report suggesting

News  -  Bitcoin  -  Mar 02, 2021
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