Investments
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News
MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion
Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm…
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Two Bitcoin funds launched in Singapore by MAS-regulated fund manager
Fintonia Group, a Singapore-based fund manager regulated by the Monetary Authority of Singapore (MAS), has launched two institutional-grade Bitcoin (BTC) funds.The…
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Galaxy Digital raises $500 million in convertible debt to fund business expansion
Galaxy Digital, a cryptocurrency brokerage and merchant bank founded by billionaire investor Michael Novogratz, announced on Monday that it would…
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Game over! ‘Squid Game’-inspired crypto scam collapses as price crashes from $2.8K to zero
A cryptocurrency inspired by Netflix’s internationally hit TV show Squid Game scammed investors in what appears to be a $3.38-million “rug…
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Avalanche creates $200-million fund to lure top crypto devs
The Avalanche Foundation has unveiled “Blizzard” — a fund offering more than $200 million in incentives to developers who build…
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Russians transact $5B in crypto each year, Bank of Russia says
Russian people are among the world’s most active participants of the cryptocurrency market, according to the country’s central bank.The Bank…
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Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares
Investment funds from major U.S. investment bank Morgan Stanley have increased their exposure to Bitcoin through purchases of shares of…
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Finnish regulators tighten the screw on digital currency marketing
Hot on the heels of the rising cryptocurrency hype, Finnish regulators have dropped a formal notice. On Wednesday, the Finnish…
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Australia’s Rest Super retirement fund to invest in crypto for its 1.8M members
Australian superannuation fund Rest Super is set to become the first retirement fund in the country to invest in cryptocurrencies.…
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Binance reportedly wants global wealth funds to get a stake in exchange
Binance, the world’s largest cryptocurrency exchange, is reportedly in talks with sovereign global wealth funds to sell them a stake…
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