Bitcoin and Ethereum purchases by companies in Scandinavia and Hong Kong are fueling speculation a wave of non-U.S. corporate treasurers might follow MicroStrategy, Tesla, and Square into buying cryptocurrencies, according …
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Leading Israeli Asset Manager To Pour $100 Million Into Bitcoin
Altshuler Shaham, the biggest investment house in Israel, has gained exposure to Bitcoin by putting $100 million into the shares of Grayscale Bitcoin Trust (GBTC), Globes reports. The transaction took place …
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Wave of Institutional Clients at Goldman Sachs Are Diving Into Bitcoin & Crypto Markets
Mathew McDermott, head of digital assets at Goldman Sachs’ global markets division, says the New York-based investment bank is witnessing huge institutional demand for Bitcoin (BTC) and the crypto markets. …
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A Third Bitcoin ETF in Canada Prepares to Launch
A third Bitcoin exchange-traded fund (ETF) has been approved by Canadian securities regulators, as CI Global Asset Management prepares their own BTC-based offering. The CI Galaxy Bitcoin ETF will launch tomorrow, March …
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Bitcoin ETF To Launch in Malaysia in Regional First
A Malaysian Bitcoin exchange-traded-fund (ETF) will be the first insured fund to launch in the South East Asia (SEA) region. The launch comes as the first in the region, which sees …
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Institutions Prefer Bitcoin to Gold ETFs According To Bloomberg
A snapshot shared by Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, on Mar 8 points to convincing statistics showing an accelerated influx to Bitcoin in recent month. The Bitcoin …
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Stimulus Package Approval & Institutional Purchase In Asia Signals New Bullish Wave With Bitcoin
The weekend saw Bitcoin climb back above $50K. Though the period wasn’t action-packed, two main developments signaled a new bullish wave. Americans could in the next few weeks receive stimulus …
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Bitcoin ‘pushing aside’ gold as a store of value, according to Mike McGlone
A number of indicators suggest that Bitcoin (BTC) is pushing aside gold as the premier safe-haven asset. This could set the stage for wider mainstream adoption of the digital currency, …
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Norwegian Investment Firm To Allocate $ 58 Million for Bitcoin and Cryptocurrency
Aker ASA, a $6-billion Oslo Bors-listed holding company, is set to begin investing in Bitcoin. According to a press release issued on Monday, Aker has created a new company called Seetee AS …
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Chinese Tech Company Purchases Signal Asian Corporate Attention
The Chinese company Meitu announced on March 7 the purchase of 5,000 ETH and more than 379 BTC. The purchase, on Mar. 5, is part of an investment plan using cash …
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