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Cryptocurrency Custody and Funds

Bitcoin Bull Mike Novogratz Says Investors Should Invest At Least 5% in Bitcoin

Kavon Hyatt | December 9, 2020 | Leave a comment
The founder of Galaxy Digital Mike Novogratz has advised investors to shift their focus more on digital currencies especially on the world’s largest cryptocurrency by market cap Bitcoin (BTC) that has witnessed a great deal of popularity during the...
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MicroStrategy Purchases Additional 2,574 BTC For $50 Million

Kavon Hyatt | December 6, 2020 | Leave a comment
The leading business intelligence firm MicroStrategy is still continuing to make investments in Bitcoin the world’s largest cryptocurrency by market cap. After investing $475 million, the firm has made another investment in Bitcoin. As compared to the previous two...
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Whales Have Sent A Staggering 93,630 BTC To Centralized Crypto Exchanges

Kavon Hyatt | November 28, 2020 | Leave a comment
Over recent time, cryptocurrency whales have moved a massive amount of Bitcoin (BTC) to centralized digital currency exchanges. As per data shared by IntoTheBlock, a gargantuan amount of 93,630 BTC has been transferred by Bitcoin whales to the accounts...
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Crypto Derivatives Exchange Globe Raises $3M In Seed Funding

Kavon Hyatt | November 21, 2020 | Leave a comment
Globe, a relatively new cryptocurrency derivatives exchange has announced the completion of its seed funding round. In this funding round, the yet-to-launch derivatives exchange is said to have raised an amount of $3 million. Globe intends to use these...
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Grayscale’s Bitcoin Trust Now Holds More Than 500,000 BTC

Kavon Hyatt | November 18, 2020 | Leave a comment
The leading cryptocurrency asset management firm Grayscale Investments now has more than 500,000 BTC held in its largest fund Bitcoin Trust Fund (GBTC). This is a major milestone for Grayscale Investments as it now holds approximately 2.4 percent of...
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Spanish Police Have Arrested A Member of Colombian Cali Drug Cartel For Crypto Money Laundering

Kavon Hyatt | November 11, 2020 | Leave a comment
A suspected member of the Colombian Cali Drug Cartel who is accused of cryptocurrency money laundering has been detained by the national police of Spain. The man has not been clearly identified by the authorities of Spain however they...
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Swiss Crypto Bank Announces Tezos Staking With an Annual Reward of Up to 5%

Kavon Hyatt | November 8, 2020 | Leave a comment
Sygnum, a regulated cryptocurrency bank based in Switzerland, has announced the launch of a staking service for XTZ the native digital token of the Tezos blockchain. Users will also be offered annual rewards on Tezos staking.  As per the...
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GBTC Is On Its Way to Hit 500K BTC As It Sees a Record Weekly Inflow of $250M

Kavon Hyatt | November 4, 2020 | Leave a comment
Cryptocurrency asset management firm Grayscale Investments is continuously seeing a major inflow of Bitcoin (BTC) into its Grayscale Bitcoin Trust (GBTC) which is by far its largest trust fund. GBTC has witnessed a record weekly inflow of around $250...
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Alameda Research Pours An Investment of $3M In Crypto Trading Platform 3Commas

Kavon Hyatt | November 3, 2020 | Leave a comment
Alameda Research, a well-known cryptocurrency trading shop founded by Sam Bankman-Fried who is also the founder of the cryptocurrency derivatives trading platform FTX, has made an investment into the non-custodial cryptocurrency trading platform called 3Commas. According to an announcement...
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There Are Now $7,000,000,000 Worth of Digital Assets Under Management by Grayscale

Kavon Hyatt | October 22, 2020 | Leave a comment
The total amount of assets under management (AUM) by Grayscale Investments continues to increase. So far now, the cryptocurrency asset management firm has recorded two record-breaking quarters this year. Now, there are $7,000,000,000 worth of crypto assets that are...
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