Institutional investors are diversifying into altcoins amid the latest market downturn. Multi-asset investment products registered another sharp rise in weekly inflows.

There has long been growing interest by institutions to adopt cryptocurrencies; the setback has been regulations that restrict their exposure to the asset class. Germany is paving the way for its institutions to dabble into the crypto sphere.

Voyager Digital Ltd., one of the fastest-growing crypto brokerage firms has acquired Denmark-based crypto payment app Coinify to extend its services into the digital payment sector. The growing demand for crypto payments and the success of existing companies in the space has pushed Voyager to enter the payment market and Coinify could help the $1.9 The post Bitcoin Brokerage Firm Voyager to Enter Digital Payment Market With $85M Acquisition appeared first on Coingape.

A U.S. congressman has introduced the Digital Asset Market Structure and Investor Protection Act.

For a change, Ethereum has had a better week than Bitcoin. The world’s largest alt has been recovering over the past few days, but went on to touch the $2600 mark only on Sunday.

Esports is the future. After getting off to a slow start, it has garnered significant traction in a very short period of time having emerged as a booming industry, rightfully so.

According to the executive chairman, the recent Snoop funding would be used to expand the company’s global reach with the US already identified as a target.

The list of institutional investors and hedge funds in cryptocurrencies just got a new addition to it. GoldenTree, a hedge fund with over $45 billion under management, has reportedly added Bitcoin to its balance sheet.