SkyBridge Capital Has Invested $182M Into Bitcoin – December 30

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $27,860

Bitcoin price has broken out to hit yet another new all-time high of more than $28,850 today, as price now hovers under the $28,000 mark.

Top-20 altcoins are mostly stable or down slightly in price today, as Ethereum rises less than 1%, XRP sees no change, and Litecoin falls 1%. Polkadot stood out, however, with a gain of 12%.

Top Stories for December 30, 2020 πŸ”₯

πŸ‘‰ SkyBridge Capital Has Invested $182M Into Bitcoin

SkyBridge Capital, founded by former White House Director of Communications Anthony Scaramucci, has been revealed to have invested $182 million into Bitcoin.

The figure was found in a SkyBridge investment deck, which also claims that $25 million was invested this December for a new Bitcoin fund.

πŸ‘‰ Simplex Partners With Visa For Crypto-Funded Debit Cards

Prominent cryptocurrency on-ramp Simplex has partnered with Visa, in a move that will allow Simplex partners to issue crypto-funded debit cards.

More than 200 Simplex partners will be eligible to provide the debit cards to their customers, which will allow them to indirectly spend their cryptocurrency balances with Visa-friendly merchants worldwide.

πŸ‘‰ Grayscale Assets Under Management Reaches $19B

Grayscale Investments assets under management have exploded in value for yet another week, rising to $19 billion from $16.4 billion last week.

The rise comes with another leg up for Bitcoin, which now makes up $16.3 billion of their total assets, as well as $2.1 billion in Ether.