Ep. 11: What institutions are eyeing in crypto feat. Lennix Lai | Send It | OKX Insights

The Insights’ gang discusses the implications of the U.S. seizure of Bitfinex hacked BTC, and OKX Director Lennix Lai shares his market outlook and experience with institutions. 00:02:05 — Ukraine utilizes BTC’s censorship resistance to crowdfund 00:05:43 — The 2016 Bitfinex hack coins have been seized! 00:07:20 — U.S. charges an unlikely pair for laundering […]

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List of statements by banks and payment institutions after the central bank’s interview on the issue of virtual currency transaction hype

Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Postal Savings Bank, Industrial Bank and Alipay have issued official announcements, stating that it is forbidden to use the services of various banks and institutions to conduct virtual currency transactions. Today, the People’s Bank of China interviewed some banks and payment institutions […]

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As the trading volume of Ethereum funds soars, institutions have dumped Bitcoin

CoinShares’ “Weekly Digital Asset Fund Flow” report shows that as Elon Musk’s Twitter account once again caused serious damage to the cryptocurrency market, last week there was the largest outflow of bitcoin products in the history of this report. The report on May 17 pointed out that last week, $98 million withdrew from Bitcoin investment […]

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The rise of multiple new currencies; Ethereum strengthens due to the influx of institutions

The recent phenomenon of retail and communityization in the crypto market has been strong, and some emerging decentralized tokens have risen. Today, Geometric Energy Corporation (GEC) announced the “DOGE-1 Moon Landing Program”, SHIB launched Binance today, Chia released the 1.1.5 update version, and ICP officially launched on May 11th. Most cryptocurrencies in the crypto market […]

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Which institutions bought Ethereum through Grayscale?

Entering 2021, the price of Ethereum has increased by 385% in 4 months, and the exchange rate against Bitcoin has also risen to 0.61. For this reason, there are many voices in the market to interpret the rise of Ethereum. For traditional investment institutions, Grayscale is still one of the important entrances to buy Ethereum. […]

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Listed companies are madly buying Bitcoin, why don’t they love Ethereum? Will institutions be the new pillar of Ethereum?

Wu said the author | Uncle Tan Editor of this issue | Colin Wu Due to the history of Ethereum, the uncertainty of the future, and many reasons, institutional investors are not interested in Ethereum at present. But Ethereum undoubtedly has greater imagination, and more radical institutional investors may choose in the future.  Since March, […]

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Institutions are vying to apply for Bitcoin ETFs. Will the SEC’s attitude of “don’t approve” change?

Original title: “Encrypted ETF Rise 丨 Witnessing” Asset management giant Fidelity recently submitted a Bitcoin exchange-traded fund (ETF) registration application document to the U.S. Securities and Exchange Commission (SEC). Fidelity’s ETF application is just the latest of many applications. In the past two months, after a large number of Bitcoin ETF applications have been handed […]

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Meitu’s first launch, Asian institutions take on the “gray effect”?

On March 10th, Bitcoin once again surpassed $55,000 in the morning. The blessings of major institutions have contributed to this. In the United States, Bitcoin is being introduced into mainstream asset allocation, which mainly includes institutions represented by Tesla. In Asia, the first regional shot was Meitu. On March 7, Meitu, a Hong Kong-listed company, […]

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Is it the right time for institutions to deploy more bitcoins?

At the time of the publication of the following report, the transaction price of Bitcoin was approximately US$49,000. The price has fallen by nearly 2% in the past 24 hours and continues to remain within the current range. In view of the increase in the number of Bitcoin stablecoins flowing into exchanges, Bitcoin’s current price […]

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