2020: The Year Bitcoin Went Institutional
Institutional investment in bitcoin was hampered by strict investment mandates and regulatory compliance. Now that bitcoin has been formally recognized by many regulators, this issue is far less of an obstacle than it used to be.
Bridgewater's Ray Dalio Softens Stance On Bitcoin, Cryptocurrencies
Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, says bitcoin and other cryptocurrencies had “established themselves” over the last 10 years and were interesting “gold-like asset alternatives.”
As Covid-19 Triggers Digital Money Revolution, Bitcoin Emerges A Winner
The pandemic accelerated our advance into a more digital word: What might have taken 10 years has been achieved in 10 months.
Private Capital And Institutions Are Piling Into Bitcoin
Many in the crypto and digital asset space have been claiming that institutions are moving into this space and are ready to bang down the digital door get access to this asset class.
Andreessen Partner Predicts More Crypto Efforts
On the heels of the U.S. Mint’s decision to phase out production of pennies next year, a partner at Andreessen Horowitz, a California-based venture capital firm, said money will be digital by 2030.
Andreessen Horowitz Doubles Down On 'Crypto' With New Fund
Andreessen Horowitz is betting big on cryptocurrency—again. The new vehicle, just closed and focuses on blockchain technology, the database innovation behind cryptocurrencies, totals $515 million.
Andreessen Horowitz To Start $450M Crypto Fund
Andreessen Horowitz is aiming to start a new cryptocurrency investment fund and to get $450 million for that endeavor, even as the global pandemic spooks most investors into conservative standpoints for now.
Singapore Allows Global Cryptocurrency Firms To Expand Local Operations
Singapore is introducing new payments legislation that offers global cryptocurrency firms a chance to expand their operations in the country by applying for operating licenses for the first time.
While Big Banks Hesitate, Small Banks Seize The Crypto Scene
When it comes to larger banks, it could be argued that Santander’s and Barclays’ decisions to drop Coinbase are only the latest piece of evidence to suggest that things aren’t getting better–and in fact, that they may be getting even more difficult.
U.S. Will Ensure Bitcoin Doesn't Become Secret Bank Account
Treasury Secretary Steven Mnuchin said the department will police bitcoin and other cryptocurrencies with “very, very strong” regulations so that they don’t become cloaked in secrecy.