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Ether Soars to Another All-Time High, Carrying DeFi and Rival Coins With It

Ether Soars to Another All-Time High, Carrying DeFi and Rival Coins With It

Investor excitement ahead of the CME’s planned ether futures contract is one reason for the price push.

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NYDIG could hit $25 billion in bitcoin under management by the end of 2021, says founder

Ross Stevens, founder and chairman of NYDIG, predicted that the firm could significantly expand the amount of bitcoin it holds under management before the end of 2021.

The post NYDIG could hit $25 billion in bitcoin under management by the end of 2021, says founder appeared first on The Block.

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NYDIG Expects to Hold $25B in Bitcoin for Institutional Clients This Year

CEO Stevens said NYDIG’s institutional order books are looking bullish for the year.

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Bitcoin futures market exceeds $2 trillion in monthly volume for January

Monthly volumes for bitcoin futures and options surged in January.

The post Bitcoin futures market exceeds $2 trillion in monthly volume for January appeared first on The Block.

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Blockchain Bites: MicroStrategy’s Macro Strategy for Bitcoin Treasuries

Bitcoin is being hoovered up faster than it’s mined, as Guggenheim predicts increased institutional inflows and Ruffer takes profits.

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How Bitcoin’s Taproot Upgrade Will Improve Technology Across Bitcoin’s Software Stack

Scaling, privacy and custody software will all benefit from Bitcoin’s biggest upgrade in years.

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Report: Senior Biden admin officials including Treasury secretary Yellen to meet on Robinhood-GameStop frenzy

Treasury Secretary Janet Yellen is calling the banners to take a closer look at the meteoric rise of GameStop’s stock.

The post Report: Senior Biden admin officials including Treasury secretary Yellen to meet on Robinhood-GameStop frenzy appeared first on The Block.

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CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC

The fund is starting out with $20 million in AUM, largely from family offices, and touts lower fees than the Grayscale Bitcoin Trust.

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Bitcoin News Roundup for Feb. 3, 2021

With BTC trading in its recent range and a look at DeFi in a post-WallStreetBets world, CoinDesk’s Market Daily is back with the latest news roundup.

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DeFi options platform Opyn raises $6.7 million Series A led by Paradigm

Opyn, a decentralized finance platform for options, has raised $6.7 million in a new Series A funding round.

The post DeFi options platform Opyn raises $6.7 million Series A led by Paradigm appeared first on The Block.

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