Reports suggest that a major tech giant owns shares of Coinbase stock
As of the time of writing, Intel had a minor position of COIN shares, which were worth between $500,000 and $1,000,000 at the end of Q2. This industry has received a significant amount of popular attention in the years 2020 and 2021, and it will continue to do so. Intel, a technology giant with a […]
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 […]
VanEck files for Bitcoin Strategy ETF with the SEC
VanEck once again files for a Bitcoin Strategy ETF with the SEC after previously doing so in 2017. The fund will not directly invest in Bitcoin. VanEck, an asset management, is attempting to launch a Bitcoin Strategy exchange-traded fund after failing to do it four years ago. On August 9, VanEck filed a prospectus for […]
The SEC asks Ripple to provide its Slack messages
In the Ripple-SEC case, the Securities and Exchange Commission (SEC) of the United States has filed a motion for Ripple to provide the history of its communication on Slack. Judge Sarah Netbrun of the Southern District of New York was asked by the SEC to require the firm to search for and produce pertinent conversations […]