Bitcoin price surge will come from retail, not institutions: Fireblocks CEO
Michael Shaulov believes that while recent Bitcoin ETF filings could see new institutional money flow to Bitcoin, that in itself didn’t drive previous price surges.
Three Arrows Capital Liquidators Seek $1.3B From Bankrupt Hedge Fund’s Founders: Bloomberg
The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leverage despite already…
Fidelity Investments Joining Bitcoin ETF Race, Fueling Crypto’s Institutional Adoption
June 2023 has become a significant month for the Bitcoin ETF (Exchange-Traded Fund) landscape, as prominent corporations are rushing to submit applications to the U.S. Securities and Exchange Commission (SEC).…
EU Wants Unbacked Crypto Out of TradFi Institutions
The law intends to set high barriers to prevent cryptocurrencies without a central backing from entering the mainstream financial industry.
Spain’s Largest Bank Joins List Of Financial Institutions Exploring Bitcoin
Santander’s new found interest signals shifting sentiment towards bitcoin and may be an indication of increased institutional demand.
Banks raised questions in 2020 about FTX-affiliated hedge fund’s wire activity, FTX says
Certain banks working with FTX founder Sam Bankman-Fried’s trading firm Alameda Research raised questions about the firm’s wire activity as early as 2020, according to a report released by FTX…
Latam Insights — IMF States Latam’s CBDC Interest Rises, Lula Emphasizes Bretton Woods Institutions ‘No Longer Function’
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week.
Uncertainty over digital assets traps institutions in ‘supervisory void’ — Fed Governor
Lack of clarity on digital assets could have significant consequences for banks navigating higher interest rates, according to Fed Governor Michelle Bowman.
Bitwise CEO predicts the start of a multi-year bull market for crypto, following interest from institutional investors
Cryptocurrencies are increasingly making their presence felt, according to Matt Hougan, CEO of Bitwise—the world’s largest crypto index fund manager. In an interview with Bloomberg, he predicted the start of…
Bitwise CEO Calls for Multi-Year Bull Market ‘Starting Now’ As Institutional Investors Eye Up Bitcoin (BTC)
The CEO of Bitwise, the world’s largest crypto index fund manager, says that a multi-year bull market is now kicking off, fueled by a long-awaited wave of institutional interest. In…
