“reHash” — Your Weekly Summary of Everything Important in the Crypto World — issue no. 13

This article was first published on Wanchain - Medium
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“reHash” — Your Weekly Summary of Everything Important in the Crypto World — issue no. 13

reHash issued for December 11th to December 17th

Welcome to the ‘lucky number 13th’ issue of reHash. 10 years ago Satoshi Nakamoto stopped posting on Bitcointalk forum. Today (Wednesday) we have broken the previous long lived ATH. And then broke it again on Thursday, frankly, we seem to be doing a lot of breaking. So, erm, let’s breakdown this week in crypto into seven minutes. Hope you enjoy!

NOTE:
reHash is not intended to be original journalism. It is intended to be a brief summary of significant articles and events from the past week with links to the original sources. Sources will always be linked and credited. If you know any good newsletters or Twitter accounts which provide news we have been missing, please mention them in the comments!

ADOPTION

  1. A subsidiary of SBI Holdings — SBI Financial Services has acquired B2C2; B2C2 is a London-based cryptocurrency trading firm, which helps brokerages, exchanges and fund managers make large trades in cryptocurrency; “A lot of people have been dismissive for a long time,”“Bitcoin’s price at an all-time high has put concerns to rest.” — as per CEO of B2C2 Max Boonen
    SOURCE: 1, 23
  2. Ruffer Investment has bought $744 million worth of BTC; it is equivalent to approximately 2.7% of the assets under Ruffer’s management; the investment is meant as a “protective move for portfolios” and to “act as a hedge” against “some of the risks that we see in a fragile monetary system and distorted financial markets.”; the investment was done in November 2020 after Ruffer has decreased its exposure to gold
    SOURCE:
    1, 2, 34
  3. One River Digital has pledged to a total of $1 billion purchases of BTC and Ethereum; it is ...

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