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US-Based Hedge Fund To Increase Bitcoin Exposition to $1 Billion

The large bitcoin institutional investments keep emerging frequently, and the latest one has come from the US-based hedge fund One River Asset Management. After establishing a new company oriented in digital asset investments, the fund has purchased $600 million in BTC and plans to add ETH and expand its holdings to $1 billion in the next few months.One River Digital Asset Management Invests $600M In BTCBitcoin has seen a massive spike in interest from institutional investments in the past...

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Yolo Investments Firm Makes First Portfolio Exit with 5.8x ROI

[PRESS RELEASE – Please Read Disclaimer]15th December 2020, Tallinn, Estonia – Gaming venture capital firm Yolo Investments (formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit investment in Yolo’s portfolio.General Partner and Founder of Yolo Investments Tim Heath said:“This is a very significant milestone for all...

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EOS Price Analysis: Rally Gathering Momentum Above $3

EOS started a strong increase above the $2.700 resistance zone against the US Dollar.The price is currently trading above the $3.000 resistance level and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move higher as long as it is above the $2.800 support zone.EOS price started a fresh increase above the $2.700 and $2.800 levels...

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#1037 Bitcoin knackt 22.000USD, Ethereum Rallye startet & Firmen verlieren Krypto Lizenz

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1037. Im heutigen Video geht’s um folgende Themen: Bitcoin knackt Allzeithoch und durchbricht 22.000USD, Ethereum Rallye gerade erst begonnen & Über 60 Prozent der Krypto Firmen haben Lizenz verloren. 1.) Allzeithoch: Bitcoin-Kurs über 22.000 USD – Darauf müssen Anleger jetzt achtenhttps://www.btc-echo.de/allzeithoch-bitcoin-kurs-ueber-22-000-usd-darauf-muessen-anleger-jetzt-achten/ 2.) Ether hits 2020 high...

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Litecoin (LTC) Price Analysis: Rally Reaches Crucial Juncture At $92

Litecoin price started a strong surge above the $80.00 and $82.00 resistance levels against the US Dollar.LTC price traded close to the $95.00 level and settled below the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $82.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is now facing a strong resistance near the $92.00 and $94.00 levels.Litecoin price is up over 10% and it tested the $95.00 zone against...

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Nexus Mutual Hacker Now Demands $2.8 Million (4,500 ETH) Ransom

The attacker that drained over $8 million in NXM from the founder of Nexus Mutual had requested $2.8 million in ETH to stop disposing of the funds. As such, it seems that he has rejected the bounty offer from Hugh Karp of $300,000.What Happened With The Funds Of The Hack?CryptoPotato reported earlier this week that an unknown perpetrator drained over $8 million worth of the NXM token from Hugh Karp – the founder of the popular DeFi insurance provider – Nexus Mutual.The attacker duped Karp by...

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Bitcoin Price Should Be $400K, Says Guggenheim’s CIO

With Bitcoin clocking $21,000 for the first time in history, one Wall Street investor is saying the top-ranked crypto by market capitalization should be worth a lot more.Bitcoin at $400,000, Says Guggenheim’s CIOIn a phone interview with Bloomberg TV on Wednesday (Dec. 15), Scott Minerd, chief investment officer at Guggenheim, said Bitcoin should be worth 20x its current market price.“Our fundamental work shows that bitcoin should be worth about $400k. We are going to, even if we have the...

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Bitcoin Price Breaks $21K: Adds Over $2000 In Less Than 24 Hours

Bitcoin shows no signs of slowing down as the cryptocurrency market continues to expand. Over the past day alone, the total capitalization has surged by more than $50 billion and now stands above the $600 billion mark.Bitcoin Price Surges Above $21,000Earlier today, as CryptoPotato reported, BTC finally managed to break above the coveted $20,000 level for the first time in history, hence charting a new all-time high.To say that everyone expected what followed next, however, would be an...

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Vitalik Buterin: Digital Wallets Can Break Quite Easily

Vitalik Buterin – the Canadian-Russian crypto entrepreneur widely credited for bringing Ethereum, the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin to the digital market – has warned traders and digital asset enthusiasts everywhere that virtual wallets aren’t as safe as they could be. He’s now pushing for the simplification of digital currency wallet technology, which he believes is not always kind to first-time traders and crypto holders.Vitalik...

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Northern Trust Introduces Zodia, a New Crypto Custody Platform

As the demand for cryptocurrency custody services grows, more companies are looking for ways to safely protect users’ crypto funds and prevent them from falling into the wrong hands. Companies such as the Northern Trust Corporation, which thanks to a recent partnership with Standard Ventures, is unveiling a new platform known as Zodia Custody that’s designed to bring institutional-level custodial services to clients with crypto stashes.Zodia Custody Brings That Extra Layer of ProtectionOne of...

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