Fidelity Raises $100M from Investors
In August 2020, the Fidelity-backed Wise Origin Bitcoin Index Fund I went public, providing a means for the Boston-based asset management giant's clientele to gain exposure to bitcoin.
Roughly nine months later, the passively-managed fund has raised approximately $102 million from investors, a filing with the Securities and Exchange Commission published Wednesday shows. Per the document, the first sale in connection with the fund took place on August 31, 2020. Since then, 83 investors have bought into the fund, per the filing.
theblockcrypto.com/linked/106208/fidelitys-bitcoin-fund-has-raised-more-than-100-million-from-investors?utm_source=cryptopanic&utm_medium=rss
Apple Hiring Crypto and FinTech Experts
In a recent job post, the company is now looking for a Business Development Manager for “Alternative Payments” —with experience in several fields, including cryptocurrencies.
The key qualifications require at least five years of experience working in alternative payment providers, such as digital wallets and crypto-assets. Candidates will be responsible for the end-to-end business development and launching of new programs related to FinTech products.
cryptopotato.com/apple-is-headhunting-a-business-development-manager-with-experience-in-cryptocurrencies/
PayPal Enabling BTC and Crypto Withdrawals and Focusing on CBDCs Next
-PayPal says that it will soon give users the ability to withdraw their cryptocurrency balance to an off-site wallet.
-VP of Global Business Development Jose Fernandez da Ponte revealed the news at Coindesk's Consensus 2021 conference.
-Da Ponte also discussed stablecoins and CBDCs.
cryptobriefing.com/paypal-is-enabling-bitcoin-and-crypto-withdrawals/
Ray Dalio Announces he owns BTC and says he would rather own BTC than a bond
This is important b/c Dalio is the world's MOST important hedge fund manager and when he speaks about the bond market, trillions of dollars of capital that never once thought of owning BTC is now all of a sudden thinking about it and how to buy it
cryptoglobe.com/latest/2021/05/legendary-hedge-fund-manager-ray-dalio-reveals-he-owns-bitcoin/
Rep Soto Makes Positive Statements Regarding Regulatory Frameworks that Support Crypto
In a statement on the BTCA's re-introduction, Soto said:
"In order to ensure that the U.S. does not fall behind on research and development, we must embrace blockchain technology and explore all of the ways in which it can help our nation grow."
theblockcrypto.com/linked/106163/rep-soto-prepares-suite-of-crypto-legislation-for-return-to-congress?utm_source=cryptopanic&utm_medium=rss
Carl Icahn Announces $1.5B foray into Crypto
Legendary American businessman Carl Icahn has apparently changed his position on cryptocurrencies. In an interview for Bloomberg Markets’, Icahn hinted at a potential investment of up to $1.5 billion in the sector.
Thus, Carl Icahn shares the stance of Stanley Druckenmiller, Paul Tudor Jones, and most recently Ray Dalio on this new asset class. Icahn believes the rise of cryptocurrencies is a “natural manifestation” of the current macro-economic outlook and its inflation.
newsbtc.com/news/carl-icahn-explores-crypto-investment/
Cathie Wood Invests Another $20M
For Ark Invest, though, it was a case of buying the dip. Recent SEC filings revealed that Ark Invest purchased $19,872,939 worth of Bitcoin during the past week’s market turmoil.
bitcoinist.com/cathie-woods-ark-invest-buys-the-bitcoin-dip-adds-20-million-in-gbtc/
Cryptocurrencies Are Here to Stay, Says Billionaire David Rubenstein
Billionaire private equity titan David Rubenstein has revealed he believes cryptocurrencies like bitcoin are here to stay, dismissing suggestions the market is a fad and could fade away in the future.
cryptoglobe.com/latest/2021/05/cryptocurrencies-are-here-to-stay-says-billionaire-david-rubenstein/
With all of this bullish news and buying the dip - and with Bitcoin 2021 Miami Conference about to occur in early June - now is better than ever to add to your positions before the next leg higher of the bull run!
In August 2020, the Fidelity-backed Wise Origin Bitcoin Index Fund I went public, providing a means for the Boston-based asset management giant's clientele to gain exposure to bitcoin.
Roughly nine months later, the passively-managed fund has raised approximately $102 million from investors, a filing with the Securities and Exchange Commission published Wednesday shows. Per the document, the first sale in connection with the fund took place on August 31, 2020. Since then, 83 investors have bought into the fund, per the filing.
theblockcrypto.com/linked/106208/fidelitys-bitcoin-fund-has-raised-more-than-100-million-from-investors?utm_source=cryptopanic&utm_medium=rss
Apple Hiring Crypto and FinTech Experts
In a recent job post, the company is now looking for a Business Development Manager for “Alternative Payments” —with experience in several fields, including cryptocurrencies.
The key qualifications require at least five years of experience working in alternative payment providers, such as digital wallets and crypto-assets. Candidates will be responsible for the end-to-end business development and launching of new programs related to FinTech products.
cryptopotato.com/apple-is-headhunting-a-business-development-manager-with-experience-in-cryptocurrencies/
PayPal Enabling BTC and Crypto Withdrawals and Focusing on CBDCs Next
-PayPal says that it will soon give users the ability to withdraw their cryptocurrency balance to an off-site wallet.
-VP of Global Business Development Jose Fernandez da Ponte revealed the news at Coindesk's Consensus 2021 conference.
-Da Ponte also discussed stablecoins and CBDCs.
cryptobriefing.com/paypal-is-enabling-bitcoin-and-crypto-withdrawals/
Ray Dalio Announces he owns BTC and says he would rather own BTC than a bond
This is important b/c Dalio is the world's MOST important hedge fund manager and when he speaks about the bond market, trillions of dollars of capital that never once thought of owning BTC is now all of a sudden thinking about it and how to buy it
cryptoglobe.com/latest/2021/05/legendary-hedge-fund-manager-ray-dalio-reveals-he-owns-bitcoin/
Rep Soto Makes Positive Statements Regarding Regulatory Frameworks that Support Crypto
In a statement on the BTCA's re-introduction, Soto said:
"In order to ensure that the U.S. does not fall behind on research and development, we must embrace blockchain technology and explore all of the ways in which it can help our nation grow."
theblockcrypto.com/linked/106163/rep-soto-prepares-suite-of-crypto-legislation-for-return-to-congress?utm_source=cryptopanic&utm_medium=rss
Carl Icahn Announces $1.5B foray into Crypto
Legendary American businessman Carl Icahn has apparently changed his position on cryptocurrencies. In an interview for Bloomberg Markets’, Icahn hinted at a potential investment of up to $1.5 billion in the sector.
Thus, Carl Icahn shares the stance of Stanley Druckenmiller, Paul Tudor Jones, and most recently Ray Dalio on this new asset class. Icahn believes the rise of cryptocurrencies is a “natural manifestation” of the current macro-economic outlook and its inflation.
newsbtc.com/news/carl-icahn-explores-crypto-investment/
Cathie Wood Invests Another $20M
For Ark Invest, though, it was a case of buying the dip. Recent SEC filings revealed that Ark Invest purchased $19,872,939 worth of Bitcoin during the past week’s market turmoil.
bitcoinist.com/cathie-woods-ark-invest-buys-the-bitcoin-dip-adds-20-million-in-gbtc/
Cryptocurrencies Are Here to Stay, Says Billionaire David Rubenstein
Billionaire private equity titan David Rubenstein has revealed he believes cryptocurrencies like bitcoin are here to stay, dismissing suggestions the market is a fad and could fade away in the future.
cryptoglobe.com/latest/2021/05/cryptocurrencies-are-here-to-stay-says-billionaire-david-rubenstein/
With all of this bullish news and buying the dip - and with Bitcoin 2021 Miami Conference about to occur in early June - now is better than ever to add to your positions before the next leg higher of the bull run!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.