$96,639.00
2.49%$1,852.13
3.82%$2.23
1.57%$600.76
0.40%$150.50
3.48%$0.999903
-0.01%$0.181224
5.18%$0.701413
2.29%$0.245826
-0.01%$1,850.37
3.83%$96,787.00
2.63%$3.67
6.29%$14.87
3.91%$21.31
0.91%$0.276575
1.72%$8.95
-1.20%$0.00001363
2.88%$0.188545
3.20%$3.18
0.17%$2,225.73
3.91%$0.999897
-0.00%$363.55
-0.45%$88.47
5.89%$20.02
6.86%$4.15
1.31%$1,853.10
3.82%$1.00
0.02%$4.39
1.39%$276.26
0.14%$1.001
0.01%$0.605474
4.97%$29.30
1.19%$1,975.94
3.99%$96,739.00
2.58%$0.00000879
-0.81%$5.51
2.69%$5.39
2.30%$368.00
3.35%$51.73
0.88%$2.57
3.85%$1.05
0.01%$0.909448
-0.63%$1.00
0.00%$21.86
0.56%$174.67
6.98%$4.94
1.33%$12.84
0.04%$16.90
2.03%$31.92
2.14%$0.741656
0.93%$0.095033
7.45%$0.089811
2.31%$4.57
3.32%$0.02709089
2.60%$0.999854
0.02%$0.242304
2.56%$1.17
0.08%$4.45
3.31%$96,372.00
2.49%$0.73925
2.67%$0.217929
-1.36%$2.82
1.38%$4.29
0.01%$0.580377
16.98%$0.322133
2.24%$2.69
-1.44%$0.339504
4.35%$4.15
2.03%$96,845.00
3.29%$0.998165
0.07%$0.00001898
-0.76%$1.065
-5.85%$10.83
0.85%$0.461205
0.38%$0.835557
3.89%$1,519.95
3.17%$1.25
2.49%$157.85
3.75%$0.077293
-1.07%$0.731245
-1.10%$1.20
1.18%$78.34
3.78%$0.222727
5.12%$0.01799831
2.61%$1,852.53
3.84%$4.13
3.48%$1.69
27.56%$0.595741
4.99%$1,927.15
3.83%$0.999832
-0.08%$0.682474
0.50%$10.30
7.11%$0.100046
4.40%$0.70998
2.25%$0.999817
-0.01%$0.99965
-0.02%$600.64
0.45%$2,098.02
3.78%$0.00008723
-3.72%$2.89
3.88%$0.01706141
3.90%$0.655707
19.33%$1.00
0.03%$3,228.89
-2.38%$0.792397
0.53%$0.210744
1.81%$193.81
3.29%$0.860756
4.01%$3,233.69
-2.31%$96,606.00
2.51%$0.76263
2.85%$166.04
3.36%$13.27
0.13%$0.01708985
0.88%$96,856.00
2.00%$96,377.00
2.04%$37.40
-3.80%$0.301457
2.09%$3.91
1.87%$0.00000071
0.51%$1,970.85
3.68%$0.117083
2.49%$0.0109049
1.68%$2.09
2.26%$0.066097
7.84%$0.997717
-0.03%$0.407916
1.80%$0.998551
0.02%$18.84
5.31%$0.623445
2.98%$2.95
-4.67%$0.01784316
-1.40%$1.85
2.60%$1,938.82
3.89%$0.315899
-1.12%$1.098
0.55%$0.565262
2.31%$3.53
4.65%$0.70449
16.07%$35.44
-2.09%$0.150501
1.99%$0.00589478
14.63%$0.446636
9.84%$0.0090946
1.92%$0.555671
1.32%$1.46
9.01%$0.657472
2.04%$0.2018
-16.46%$17.87
4.87%$0.199125
7.19%$0.998714
-0.05%$96,599.00
2.43%$1,933.26
3.73%$0.999904
-0.00%$95,658.00
0.00%$0.068119
-1.99%$0.437452
1.30%$7.21
6.03%$0.00894138
22.05%$94,613.00
5.23%$0.999903
-0.01%$0.18098
5.18%$0.1456
-2.03%$96,693.00
2.67%$0.464102
-4.85%$0.00002221
0.02%$1.59
2.33%$6.18
1.32%$0.540149
0.79%$1,852.84
3.89%$110.88
0.01%$1.70
5.36%$0.080858
0.44%$3.48
-0.89%$0.00000042
0.74%$2.57
3.05%$1.008
0.59%$1.085
0.00%$0.089263
3.03%$0.04204685
1.90%$1,852.81
3.90%$1,971.75
3.80%$0.241985
2.70%$0.190149
-1.76%$0.03781164
2.85%$1,853.10
3.94%$0.374211
-1.70%$32.97
4.80%$0.998222
-0.34%$40.24
-1.35%$0.380929
-0.23%$1.36
13.53%$0.56633
3.17%$1,851.27
3.79%$21.72
0.94%$0.00414708
0.59%$0.132969
0.90%$0.01777847
0.06%$1,894.67
5.15%$0.810486
2.05%$0.00006167
2.51%$1.00
0.00%$0.734498
7.04%$0.999906
0.02%$0.29251
11.55%$0.710008
1.46%$1.00
-0.01%$1.00
0.02%$96,500.00
2.40%$0.00450323
1.51%$2.78
-0.11%$0.729085
1.76%$20.02
7.50%$1,844.96
4.16%$0.240464
1.89%$0.142661
1.89%$0.00000145
0.16%$0.00294597
9.65%$113.42
1.87%$0.209771
2.73%$0.493249
-3.30%$23.32
-0.34%$97,107.00
3.41%$0.279961
11.48%$3.47
-1.15%$0.999654
0.08%$1,960.10
3.96%$0.271551
0.98%$0.999634
0.01%$0.00264446
0.38%$3,216.80
-2.74%$2.86
2.09%$0.532371
0.61%$0.0378924
0.99%$0.03088288
0.38%$1,943.72
2.67%$0.00349835
8.48%$15.80
3.55%$0.98034
5.82%$0.110471
3.44%$0.01310712
3.00%$0.00285274
0.20%$3.08
8.95%$1.097
0.00%$2,032.19
3.76%$21.32
1.17%$0.00000063
4.80%$0.72721
2.40%Reading
Coinbase Institutional, the wing of the cryptocurrencycryptocurrency exchange that handles transactions for companies, today announced that it has custody of the $90 million BitcoinBitcoin and EthereumEthereum snapped up by Chinese tech company Meitu this month.
Meitu, which makes smartphones and selfie apps, spent $22 million on Ethereum and $17.9 million on Bitcoin at the start of March before buying an additional $28.4 million Ethereum and $21.6 million Bitcoin two weeks later.
Coinbase Institutional was selected by @meituofficial for both trade execution and custody on their treasury allocation into Ethereum and Bitcoin. To learn more about how Coinbase Institutional is helping corporates diversify with crypto click here:https://t.co/esmVq9kaFT
— Coinbase Institutional (@CoinbaseInsto) March 24, 2021
The Fujian-based company said it made the buy because it believes the cryptocurrencies “have ample room for appreciation in value” and that the coins would serve as an alternative to cash.
Coinbase Institutional said in an announcement that it was chosen by Meitu as the sole partner to take care of the buy and then store the assets. Coinbase has been chosen by other big companies—including business intelligence firm MicroStrategy—to take care of Bitcoin storage.
“Meitu joins a long list of companies that Coinbase Institutional continues to help diversify with crypto including Microstrategy and other corporations,” the company said. “However, Meitu has made a unique case, not seen widely yet, on allocating a significant portion to ETH.”
Digital assets manager Grayscale has added 16,244 Bitcoin (BTC)—currently worth over $600 million—to its Grayscale Bitcoin Trust (GTBC) yesterday, according to data from CryptoQuant. This was the single largest daily purchase so far in both Bitcoin and dollar terms. Although it’s worth noting that the growth of the fund may be either through new purchases of Bitcoin or existing investors moving their holdings to the trust. That said, the fund now looks after a total of 632,000 Bitcoin, worth $24...
Meitu is the latest institution to allocate large funds to crypto. MicroStrategy was the first and now holds more than $5 billion in Bitcoin. It has since been followed by payments company Square, which has plugged $220 million in the currency in the past year.
And Elon Musk’s car company, Tesla, completed a $1.5 billion Bitcoin buy in February.
But despite joining big institutions in investing in alternative assets, Meitu acknowledged the risks involved, saying at the time that “cryptocurrency prices in general are still highly volatile.”
Meitu, founded in 2008, is best known for its selfie app software which helps make “everyone become beautiful easily,” according to the company website.
It launched Hong Kong’s biggest initial public offering in years in 2016 when it listed on the stock exchange.
The price of Bitcoin continues to surge, with spot Bitcoin ETFs in the rearview mirror and the halving coming in April. Renewed euphoria has swirled as the price of Bitcoin skyrocketed to $64,000 on Wednesday. “Fourth Bitcoin bull market, and this all feels very different,” prominent Bitcoin podcast host Peter McCormack said on Twitter. Fourth #bitcoin bull market and this all feels very different. Lessons from the others:- 2013 spent all my #bitcoin and traded CFDs. Ended 2013 with 0 #bitcoin....
Bitcoin today hit $39,000 per coin for the first time since a brutal digital asset crash in May 2022 that brought with it a long and painful bear market. The virtual coin has since made a terrific comeback: at the start of January, it was trading for less than $17,000 per coin; it is now up 128%. Could this mean we’re seeing the beginning of a bull run? Some experts say it’s only up from here. A lot has happened in the crypto space since blockchain project Terra collapsed last year, leading...
In a move that surprised some experts, Invesco Ltd, an investment management company with $1.3 trillion in assets under management, decided not to immediately pursue its Bitcoin futures application. “We have determined not to pursue the launch of a Bitcoin futures ETF in the immediate near-term,” an Invesco spokesperson told Bloomberg. The firm added that it will carry on with its Galaxy Digital partnership to offer investors a “full shelf of products” with exposure to digital assets, including...
