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After Ripple Labs revealed on Monday that the Security Exchange Commission (SEC) would soon file a lawsuit against the company for conducting a sale of unregistered securities, the SEC has now indeed followed up with official charges against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen, alleging the firm raised
Following speculation as a series of filings with the Securities and Exchange Commission (SEC) circulated online, Anthony Scaramucci on Tuesday confirmed in an interview on CNBC that his firm SkyBridge Capital has launched a fund tailored to clients looking for exposure to Bitcoin. With a minimum investment of $50,000,
Between December 22nd and 23rd, the, digital currency asset manager Grayscale added half a billion dollars to its investment products, the majority of which flowed into the Grayscale Bitcoin Trust (GBTC). At press time, Grayscale counts $16.4 billion in assets under management. Grayscale has served as one of the
News • Markets • Dec 22, 2020
Between December 22nd and 23rd, the, digital currency asset manager Grayscale added half a billion dollars to its investment products, the majority of which flowed into the Grayscale Bitcoin Trust (GBTC). At press time, Grayscale counts $16.4 billion in assets under management. Grayscale has served as one of the
News • Markets • Dec 22, 2020
After Ripple Labs revealed on Monday that the Security Exchange Commission (SEC) would soon file a lawsuit against the company for conducting a sale of unregistered securities, the SEC has now indeed followed up with official charges against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen, alleging the firm raised
News • Altcoins • Dec 21, 2020
Following speculation as a series of filings with the Securities and Exchange Commission (SEC) circulated online, Anthony Scaramucci on Tuesday confirmed in an interview on CNBC that his firm SkyBridge Capital has launched a fund tailored to clients looking for exposure to Bitcoin. With a minimum investment of $50,000,
News • Business • Dec 21, 2020
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
News • Bitcoin • Dec 21, 2020
In late November, Coinbase chief executive Brian Armstrong warned that the U.S. Treasury was looking to crack down on "self-hosted" cryptocurrency wallets. Armstrong suggested that from what he has heard, the Treasury was going to mandate exchanges to take the information of users looking to withdraw capital
News • Bitcoin • Dec 17, 2020
Bitcoin's recent rally to a new all-time high above $23,000 has drawn attention to the asset, as analysts and institutional investors increasingly liken Bitcoin to gold. The latter doesn't need to fear for its safe haven status, however, according to Goldman Sachs Group. As reported
News • Economy • Dec 17, 2020
Scott Minerd, Chief Investment Officer of asset management and investment advisory firm Guggenheim Investments, believes Bitcoin is severely undervalued. In a video published by Bloomberg TV on Wednesday, Minerd shared that the firm had "started allocating toward Bitcoin when Bitcoin was at $10,000," adding that he was
News • Markets • Dec 15, 2020
On Tuesday, Ruffer Investment Company revealed in an investor letter that it has allocated "around 2.5%" of its fund's portfolio to Bitcoin: One recent addition, via one of the specialist managers appointed within the Ruffer Multi-Strategies Fund, has been bitcoin. This is primarily a defensive
News • Bitcoin • Dec 15, 2020