Institutions News

Circle Beats Crypto Financing Record
Circle, the company behind USDC (currently the second largest stablecoin) just beat the record for the investment round with the most capita...

PayPal To Allow Users Withdraw Crypto From Account
PayPal will soon allow users to withdraw their crypto funds, according to PayPal’s blockchain executive. Speaking at Consensus 2021, J...

New Crypto Hedge Fund Report Shows Interesting Statistics – $180 Billion AuM
The third annual Global Crypto Hedge Fund report, released on Monday, aims to provide an overview of the global crypto hedge fund landscape....

Billionare Ray Dalio Opens Up In Interview “I Have Some Bitcoin”
Ray Dalio, founder of Bridgewater Associates (one of the world’s largest hedge funds), has revealed that he holds some Bitcoin (BTC). ...

The 4th Largest Bitcoin Whale Just Bought An Additional 926 BTC
A Bitcoin billionaire has been buying the dips since early 2019 and this dip is no different. There was an additional 926 BTC added to the w...

Biden’s New Crypto Tax Proposal For Businesses To Report Crypto Transactions Over $10k
On Thursday, U.S. President Joe Biden provided details on how the administration plans to generate an additional $700 billion USD in revenue...

MicroStrategy Buys Additional Bitcoin For $10 Million USD
While Bitcoin (BTC) price struggles below $45,000 USD, MicroStrategy is stacking up more coins in the dip. On Tuesday, the publicly traded b...

MicroStrategy Buys Another $15 Million in Bitcoin “Buying the dip”
It looks like MicroStrategy just bought the Bitcoin dip after Tesla announced it would stop accepting it as payment, citing “environme...

Bitcoin’s Daily Volume Surpasses Mastercard
During this year Bitcoin (BTC) has slowly been creeping closer to the transaction volume that Mastercard has been posting on an average day....

Goldman Sachs Launches Cryptocurrency Trading Team
Goldman’s cryptocurrency trading desk has been buying and selling Bitcoin (BTC) futures. The team has successfully traded two kinds of...

Citibank To Consider Crypto Services After Surge in Client Demand
Citibank, the fourth-largest investment bank in the United States, is exploring the possibility of launching cryptocurrency services after e...

University Allocates $4 Million To Cryptocurrency Staking To Produce Cashflow
In a world first, The University of Wyoming in the USA, has allocated USD 4 million to stake at least three cryptocurrencies to generate rev...