Crypto funds see 4th consecutive weekly outflows as institutions diversify holdings, says CoinShares

Institutional outflows from cryptocurrency funds intensified last week, a sign that fund managers were still taking profits on their Bitcoin (BTC) holdings following a historic run-up through April. 
Digital asset investment products saw cumulative outflows totaling $19.

Read more

There’s no reason not to hold Bitcoin for 100 years, Michael Saylor says

Michael Saylor, CEO of business intelligence firm MicroStrategy, has staunchly defended the company’s bullish, long-term Bitcoin (BTC) position based on its unique potential to evolve into “the future of the property.

Read more

German law allowing institutional funds to hold crypto comes into effect Aug. 2

Beginning on August 2, 2021, German institutional funds will be able to hold up to 20% of their assets in cryptocurrencies, possibly setting the stage for wider mainstream acceptance of Bitcoin (BTC) and other crypto assets by the nation’s pension funds.

Read more

6 ways ScaleSCORE brings fairness to the crypto IDO ecosystem

Crypto’s core ethos is that of bringing fairer financial services to all users, regardless of their age, race, gender, or industry connections. It’s easier said than done, however, with some activities in crypto circles these days mirroring those of the ‘traditional’ finance world.

Read more

Large VCs are sidelining smaller crypto investors, PwC crypto lead says

As cryptocurrency continues to take over mainstream finance, formerly cautious investors across the globe are rethinking their stance of counting crypto as a bad investment. This change of heart leads to a higher market valuation of crypto businesses due to increased funding from goliath investors.

Read more