US investment banking giant Goldman Sachs sees rising demand for bitcoin (BTC) not only among institutional investors, but also in the private wealth management industry.“I think it's pretty fair to say that all of our institutional client discussion is really focused around bitcoin. Where the questions are not really, 'What is it,' thankfully. It's more about how
Exchange-Traded Products [ETPs] are gaining prominence and crypto investment firm ETC Group announced the launch of an Ethereum ETP on Deutsche Borse’s Xetra on 9 March. This ETP will go live with the ZET ticker and will be its second crypto investment product after Bitcoin ETP, as per reports. The firm launched Bitcoin ETP in […]
The price of the flagship cryptocurrency showed an upward trend in the first week of March. The bullish season looks likely as per a technical analysis of chart patterns. Major support levels are spotted at the $49,200-$45,500 intervals. Bitcoin price almost made a comeback to the previous high but still looks unconvincing. After setting what […]
Ethereum whales have been on a buying spree since November 2020, currently holding 68.7% of the total supply, while Grayscale has doubled their ETH stack.
Norwegian energy giant Aker forms bitcoin unit, billionaire owner says BTC could be worth ‘millions of dollars’
Norway-based oil and gas giant Aker has set up a new unit dedicated to investing in bitcoin and related projects in the ecosystem.The post Norwegian energy giant Aker forms bitcoin unit, billionaire owner says BTC could be worth ‘millions of dollars’ appeared first on The Block.
Aker ASA has created a new subsidiary firm to hold Bitcoin on its balance sheet and invest in other companies in the crypto space.
Source: Adobe/Patange_RAs India's Finance Minister and a member of the Lower House of Parliament both gave encouraging statements over the past weekend, local crypto industry players want to have a bigger role in shaping the regulatory landscape.The news came from India, as on March 5, as the country's Finance Minister Nirmala Sitharaman said that the government is not looking to go to the
Norwegian industrial investment firm, Aker ASA has hopped on the bitcoin bandwagon. The company has launched a new unit dedicated to investing in BTC
UNI prices slipped on Monday as traders decided to secure their profits after the cryptocurrency rallied to an all-time high in the previous session. Trade Setup The Uniswap decentralized exchange’s governance token was down by up to 5.57 percent to $32.34 during the early European session. Its latest move downhill extended its correction to 7.92 […]
Macro factors have led to a strong bearish sentiment in the crypto market