Digital insurer Metromile acquires $1 million Bitcoin
When the metromile announced its intention to allocate $10 million to Bitcoin in the second quarter of 2021, it was met with scepticism. Metromile , a technology company based in San Francisco, has purchased Bitcoin with 10 percent of the funds it had previously stated would be allocated to cryptocurrency investments. According to a filing […]
Neuberger Berman, a $400 billion investment firm will offer crypto exposure through a commodity-focused fund
At the end of July, the assets of Neuberger Berman under administration were more than $164 million, accounting for around 0.04 percent of its overall assets under management. An application has been submitted by Neuberger Berman , an investment management business located in New York, for a commodity-focused fund that will be able to obtain […]
Titan offers an actively managed cryptocurrency portfolio for investors in the US
Titan Crypto is a startup that aims to make professionally managed cryptocurrency portfolios available to retail investors. The launch of the new product corresponds with a significant increase in the value of cryptocurrency assets. Capital advisor Titan has officially launched its new cryptocurrency offering, which is targeted at investors in the United States. The move […]
North American miners see a 58% surge in Bitcoin Mining operations
Bitcoin Miners in North America from statistics mined a total of 1135.6 Bitcoins in June, while in the month of July 1804 Bitcoins were mined, showing an increase in Bitcoin mining by 58%. Over the course of a month, North America saw a 58% increase in BTC mining activity. Marathon Digital, Riot Blockchain, Bitfarm, Argo […]
Bank of Ghana partners with G+D, a German banknote printing firm
Bank of Ghana is working towards achieving its CBDC goal by partnering with Giesecke+Devrient (G+D) firm which specializes in currency and securities printing. This is also the same firm helping the Bank of Thailand in piloting its CBDCs. By cooperating with a German currency technology company , the Bank of Ghana (BoG) is taking another […]