Week in review: October 1, 2021 — Bitcoin market is in good shape
In this week’s newsletter 📧
✅ Mike Novogratz says that the Bitcoin market is in good shape and that China’s influence on crypto is diminishing.
✅ The first crypto assets fund gets approval in Switzerland.
✅ Ukraine is building a digital future with Bitcoin.
Read our weekly round up below.
#crypto #newsletter #alt5pro
Bitcoin.com: September 26, 2021
The billionaire investor and CEO of Galaxy Digital, Mike Novogratz, says the bitcoin market is in good shape, noting that he sees “so much capital coming into the space.”
Reuters: September 29, 2021
The Crypto Market Index Fund is restricted to qualified investors and categorised under “other funds for alternative investments” with particular risks, the Swiss Financial Market Supervisory Authority (FINMA) said in a statement.
Nasdaq: September 29, 2021
Embracing Bitcoin could be Ukraine’s greatest geopolitical move to usher in a prosperous future. Bitcoin, among other cryptocurrencies, may soon be used legally in Ukraine, once President Volodymyr Zelensky signs the legislation passed by Ukraine’s Parliament on September 8.
Business Insider: September 28, 2021
Investment bank Morgan Stanley has been gradually ramping up its involvement in the cryptocurrency market this year, and recently doubled down on its bitcoin exposure via the Grayscale Bitcoin Trust (GBTC), according to a SEC filing Monday.
Tipranks: September 30, 2021
As another wild week filled with liquidations and panic selling wraps up, a short-term rally managed to push BTC (BTC-USD) prices just north of $42,000. Still, dipping prices have triggered renewed interest as the ecosystem witnesses an influx of retail investors.
Crypto Potato: October 1, 2021
It seems the positive news coming from the US continues to impact the cryptocurrency market as BTC spiked once more — this time above $47,000. With most alternative coins following alone, the liquidations have risen to roughly $400 million on a daily scale.
Forbes: October 1, 2021
The bitcoin price has added 10% over the last 24 hours, gaining $5,000 within one hour this morning. Other major cryptocurrencies have also leaped higher, with ethereum jumping 9% and climbing back over $3,000 per ether.
Cointelegraph: October 1, 2021
Orlando Bravo, co-founder and managing partner of private equity firm Thoma Bravo, expressed his unwavering endorsement of the cryptocurrency market in an interview at CNBC’s Delivering Alpha 2021 conference on Wednesday, revealing that he is “very bullish” on his personal investment in Bitcoin (BTC).
ALT 5 Sigma Forms Agreement with Leading Wealth Manager in Latin America Expansion
Read the full press release here.