NBA Star Kevin Durant Launches SPAC Targeting Crypto Firms
Kevin Durant has unveiled a Special Purpose Acquisition Company (SPAC) that targets technologically innovative firms. Some of the firms that will be included in this SPAC include those operating in the crypto sector. The SPAC is collaborating with Rich Kleiman, Durant’s
Bitpanda Receives $263 Million From Valar Ventures
Bitpanda, a popular crypto trading platform, has benefited from a $263 Million dollars in funding from the renowned Peter Thiel. This brings the value of the crypto firm to $4.1 Billion. With this development, Bitpanda now stands three times its value
Kryptoin Files For An Ethereum ETF With SEC
Kryptoin Investment Advisors has become the latest company to file for an Ethereum ETF with the U.S. Securities and Exchange Commission (SEC). The firm had applied for a Bitcoin ETF earlier, but the application is still under review with the
Grayscale’s Bitcoin Trust Rises To $38 Billion
https://twitter.com/Grayscale/status/1377000118298275846 Grayscale has announced that they are now managing Bitcoin worth more than $38 Billion. As of March 30, the firm had digital assets worth more than $45.2 Billion under their management. It was only in December we reported that Grayscale had
Coinbase Executed Over $1 Billion For Top Institutional Clients
Coinbase - Buy Bitcoin in U.S. Coinbase recently filed a prospectus with the U.S. Securities and Exchange Commission (SEC) to offer its shares to the public for the first time. In the filing, the exchange made several revelations, including having concluded
21Shares Records $1 Billion AUM
21-Shares, a Switzerland-based top crypto ETF has announced a major milestone in its assets under management (AUM) accumulation. According to the firm, it has finally crossed the $1 Billion level when it comes to the value of its assets under
Dorsey & Jay-Z Set Up 500 Bitcoin Endowment Project
Music Mogul Jay-Z and Twitter Chief Executive Officer Jack Dorsey have invested 500 Bitcoin ($23.6 Million) to roll out an endowment project in Africa and India. Dorsey, who is also a Bitcoin enthusiast, revealed that the partnership between him and Jay
Bank Mellon To Offer Bitcoin Custody Services
American banking giant BNY Mellon, with about $2 Trillion in assets under management, has announced its plans to provide Bitcoin and crypto custody for its clients. The announcement is coming when some mainstream firms are making moves to join the Bitcoin
MicroStrategy Now Holding $25 Billion in Bitcoin
Top business intelligence firm MicroStrategy has been very active in the Bitcoin (BTC) market. The publicly-traded company recently announced that it has bought an additional 256 BTC, worth about $10 Million. As a result, it has taken its entire BTC holding
Banca Generali Launching Crypto Services in 2021
Kraken - Buy Bitcoin in U.S. These days it seems like no matter where you look there is another bank or major financial player touting their entrance into the cryptocurrency space. Whether its Sberbank looking for 5,000 new blockchain based ATM