Grayscale Investments

In October, traders doubled the amount of open long positions in bitcoin futures from 500 BTC to more than 1000 BTC on the Chicago Mercantile Exchange (CME). Long positions held by institutional accounts at the CME have been rising again in October. For reference, institutions include pension funds, endowments, insurance companies, mutual funds & portfolio / investment managers whose clients are […]

Bitcoin exchange operators, including Coinbase, Kraken, Circle and Bittrex, have developed a system to evaluate which cryptocurrencies are classified as securities under US law. According to the Wall Street Journal, the system will help exchanges decide which digital assets to list and which ones to not deal with so as not to violate the requirements of securities laws. Specially created Council […]

The custodial division of the largest US cryptocurrency company Coinbase has confirmed the purchase of the Xapo service. The deal is valued at $ 55 million. 1 / Today, Coinbase Custody has completed an acquisition of Xapo's institutional businesses. With over $ 7 billion in assets, we're now the most popular place for institutions to store cryptocurrency. Read more here https://t.co/bL3oj1Pyfl – Coinbase Custody (@CoinbaseCustody) August 16, […]