Purchased at lower levels: five top universities in the world have invested in the cryptocurrency millions of dollars

Date:

2018-10-11 21:30:08

Views:

3286

Rating:

1Like 0Dislike

Share:

Purchased at lower levels: five top universities in the world have invested in the cryptocurrency millions of dollars Source:

At least five major universities in the world have invested tens of millions of dollars in cryptocurrency using the associated funds. The list is Stanford, Harvard, the Massachusetts universities, Duratski College and the University of South Carolina.

Universities have invested directly in bitcoin, and in ICO projects. What amount of funds universities have invested in digital assets is unknown.

Previously at Yale University, which owns the second largest investment Fund after Harvard University announced plans to invest 29.4 million dollars. There are two cryptocurrency funds, the organization of Andreessen Horowitz and Paradigm.

As noted , although educational institutions have invested in digital assets, a relatively small amount of money, their participation can legitimize the market for other large investors — including traditional financiers of wall street.

Source: 2bitcoins.ru

The Decision about investing in the cryptocurrency funds that will directly invest in digital assets, said about significant changes in the vision of the market by big investors. The situation is very similar to the dot-com boom in the nineties — then the traditional investors are willing to invest in technology companies. However, most investors still believe digital money is too risky asset.

It is Noteworthy that although institutional investors are known for a more sober look at cryptocurrency, they are stronger than you believe in the future of digital assets than the participants of cryptocracy. To such conclusion analytical company Fundstrat Tom Lee poll of a few dozen traders and large investors.

Let's hope that institutional investors perceive the actions of universities as a call to action.

Recommended

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Director of Euro Pacific Asset Peter Schiff does not see anything supernatural in growth . Recall that the main cryptocurrency has already risen by 179 percent since the beginning of 2019 and is now trading at the level of $ 8540. According to Schiff...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

A fraud: the Bitcoin whales do not affect the volatility of the coin

A fraud: the Bitcoin whales do not affect the volatility of the coin

When Bitcoin or another cryptocurrency is dropping, there are always those willing to take the blame "whales". We are talking about is cryptocurrency the rich, who poured large quantities of coins in a short period of time and thu...

Bitcoin fell to $ 400 for half an hour. What happened?

Bitcoin fell to $ 400 for half an hour. What happened?

this morning Bitcoin lost nearly 5 percent of its value within 30 minutes. At the minimum rate of the first cryptocurrency fell by $ 400 compared to the previous day. the previous week, Bitcoin showed the record low volatility. Th...

Dominance: hackers stole 38 thousand dollars a blockchain-based platform for adults

Dominance: hackers stole 38 thousand dollars a blockchain-based platform for adults

the Hackers used the vulnerabilities in the smart contracts in the blockchain entertainment applications for adults SpankChain. As a result, they stole the coins and tokens ETH BOOTY. The burglary occurred on October 6, however, t...

Mystic prophecy: as in the eighties predicted the creation of Bitcoin

Mystic prophecy: as in the eighties predicted the creation of Bitcoin

October 10, 2018 — this day was supposed to be a new world currency. At least, to such conclusion the magazine the Economist even thirty years ago. Can it be considered «performance» this prophecy? the What will happen a...

Analyze graphs: the end of the week for Bitcoins?

Analyze graphs: the end of the week for Bitcoins?

Today, Bitcoin has broken several important resistances, which held the cryptocurrency from rising from the beginning of October. And while this event did not lead to a sharp price jump, the cost of an asset gradually goes up. the...

Place your bets: what Aldon will rise this week?

Place your bets: what Aldon will rise this week?

the Trend among altcoins do not change for several months — Monero, EOS, Stellar, Cardano and Litecoin continue to fall steadily. It's possible that soon, cryptocurrency will please investors a good point to enter the market. A de...

Why investors should wait to buy Bitcoin? Forecast analyst Fundstrat

Why investors should wait to buy Bitcoin? Forecast analyst Fundstrat

last week, Bitcoin showed record stability — the volatility of the coins fell to the lowest level in 17 months. This time it was a good opportunity to recoup losses for altcoins. Many of them really managed to rise significantly a...

Debate: why Charlie considers Whether Roger Faith a hypocrite?

Debate: why Charlie considers Whether Roger Faith a hypocrite?

During his debate with Roger Ver, the founder of Litecoin had the opportunity to touch on the topic «hostility» between Bitcoin and Bitcoin to Cash. After discussion of several issues, including the topic , Lee commented...

Income of miners is growing, but profit falls. Why?

Income of miners is growing, but profit falls. Why?

a New study has discovered some not very nice facts for miners. Despite the fact that Bitcoin now 40 percent more than a year ago, the profit from its production strongly decreased. this year, the miners managed to earn $ 4.7 bill...

The holiday ended: ICO levies continue to refresh the lows

The holiday ended: ICO levies continue to refresh the lows

In 2017 boom — blockchain projects are trying to monetize the interest of media and investors to Scripturally with the initial placement of tokens. During the year, the most successful of them have attracted millions of dollars. ...

In Irkutsk the evangelists were not given a discount on electricity for mining Bitcoin. What's the problem?

In Irkutsk the evangelists were not given a discount on electricity for mining Bitcoin. What's the problem?

Revenues from mining fell after a market capitalization of cryptocurrency, but the mining is still profitable. And earn not only «home» farm owners, but also companies and even religious organizations. the Last attempt ...

Expert: cryptocurrencies are no better than North Korea

Expert: cryptocurrencies are no better than North Korea

the Economist from new York University's Nouriel Roubini is preparing to report to the U.S. Senate about the cryptocurrency and blockchain technology. Like, famous in this industry came up with a new argument for the blow to the r...

When the price of Bitcoin will make a new leap? Expert opinion

When the price of Bitcoin will make a new leap? Expert opinion

Analyst and guest of the show on CNBC Ren Neuner argues that Bitcoin price «about to explode». In his opinion, the price rally will come immediately after the issuance of the official verdict on the cryptocurrency . Reca...

Binance announced the delisting of four coins. What cryptocurrencies will fall even more?

Binance announced the delisting of four coins. What cryptocurrencies will fall even more?

Cryptocurrency exchange Binance will hold a large-scale delisting tokens — in the near future, the venue will cease to trade coins Bytecoin (BCN), ChatCoin (CHAT), Iconomi (ICN) and Triggers (TRIG). The reason for such action was ...

Prepare the popcorn: the hacker has promised to carry out the attack 51 percent live

Prepare the popcorn: the hacker has promised to carry out the attack 51 percent live

the Attack 51 percent — one of the most serious threats to the coins. Still the hackers managed to carry out 10 such operations and they acted covertly. However, now the criminals have decided to act openly. An anonymous hacker ha...

Analyze graphs: grow the Ethereum this week?

Analyze graphs: grow the Ethereum this week?

the Price of Ethereum is slowly but steadily growing against the dollar. In the short term we can expect a rollback, but the value of cryptocurrency is unlikely to fall below $ 224. the Overall situation looks like this: the the ...

Unlucky block: China miner jailed for stealing electricity

Unlucky block: China miner jailed for stealing electricity

Unscrupulous mining — a fairly common practice. These entrepreneurs often place equipment in abandoned factories and warehouses, illegally connect to the electricity network and mine coins without significant cost. When the police...

Analyze graphics: when Bitcoin will grow to $ 7,000?

Analyze graphics: when Bitcoin will grow to $ 7,000?

Soon Bitcoin can please investors with its rise in price. The main cryptocurrency attracts more attention due to breaking key of the triangle on the chart. the Overall situation looks like this: the the the probability of forming...