Cryptocurrencies post inflows in latest week, led by bitcoin -CoinShares

Cyrptocurrency products and funds posted inflows in the latest week, with investors undeterred by the latest price corrections, weekly data from digital asset manager CoinShares showed on Monday. Institutional investors poured in $154 million in the crypto sector in the week ended Nov. 19, with a year-to-date total of $9.2 billion, already exceeding total inflows […]

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Investment funds buy $18.193 billion 10-year note in November

Large investment managers bought $18.193 billion at a 10-year note auction held in November, compared with the $19.895 billion they purchased the previous month, data from the U.S. Treasury Department released on Monday showed. Overseas investors, another major group of holders of U.S. government debt, bought $14.134 billion of the latest 10-year supply, compared with […]

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Porsche acquires a majority stake in high-end electric bike maker Greyp

Croatian electric bike manufacturer Greyp Bikes has a new majority shareholder: Porsche. The sports car manufacturer’s venture capital arm, Porsche Ventures, has held a stake of around 10 percent in the e-bike company since 2018. Greyp (pronounced like the fruit) was founded Mate Rimac — aka “Croatia’s Elon Musk” — the brainchild behind electric supercar […]

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