# Overstock spins its blockchain subsidiary into crypto investment fund

# Overstock spins its blockchain subsidiary into crypto investment fund

“# Overstock spins its blockchain subsidiary into crypto investment fund ” Online technology retailer Overstock is converting its blockchain investment wing into a cryptocurrency-focused investment fund, as it seeks to maximize profits amid the crypto boom. Overstock.com announced on Jan. 25 that its wholly owned blockchain-focused subsidiary, Medici Ventures, will become a limited partnership fund, pending…

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# Bitcoin made up 97% of total crypto inflows in 2021

# Bitcoin made up 97% of total crypto inflows in 2021

“# Bitcoin made up 97% of total crypto inflows in 2021 ” Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, remains the most preferred digital currency for investors, according to a new report. Bitcoin inflows accounted for 97% of total crypto inflows so far in 2021, according to a Jan. 25 report by digital…

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# Is Grayscale is about to unveil a LINK Trust?

# Is Grayscale is about to unveil a LINK Trust?

“# Is Grayscale is about to unveil a LINK Trust? ” Grayscale Investments could be set to launch a raft of new products including a Chainlink Trust, if freshly unearthed filings are to be believed.  According to the State of Delaware’s Division of Corporations, someone set up a Grayscale Chainlink Trust on December 18, 2020….

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# Guggenheim CIO expects Bitcoin to drop to ,000

# Guggenheim CIO expects Bitcoin to drop to $20,000

“# Guggenheim CIO expects Bitcoin to drop to $20,000 ” A senior executive at financial services firm Guggenheim Partners — which is planning to seek investment exposure to Bitcoin (BTC) — has argued that BTC is poised to drop to $20,000. Scott Minerd, Guggenheim’s chief investment officer, believes that Bitcoin will not hit another all-time…

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