{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=NL&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=3iQ%27s+Bitcoin+Fund+Smashes+Record+Value+of+%241+Billion+USD&text=As+Bitcoin+soars%2C+so+does+institutional+interest.+3iQ+indicates+this+bagging+a+whopping+%241+billion+USD+worth+of+BTC+in+its+fund.&text=%3Cdiv+class%3D%22post-content%22+data-v-5a136f3a%3D%22%22%3E%0A%0A3iQ%2C+a+Canada-based+cryptocurrency+and+digital+asset+management+firm%2C+has+bagged+a+record+number+in+its+public+Bitcoin+fund+as+a+result+of+the+currency+crypto+rally.%0A%0ADuring+the+week%2C+the+firm+marked+the+milestone+achievement+of+%241+billion+USD+in+the+fund.+Since+its+launch+in+April+2020%2C+the+fund+has+seen+exponential+growth.+Since+October%2C+when+3iQ+bagged+its+previous+record+of+%24100+million+USD+worth+of+cryptocurrency+in+the+fun%2C+the+firm+has+boasted+monumental+growth+of+over+900%25.%0A%3Cblockquote+class%3D%22twitter-tweet%22%3E%0A%3Cp+dir%3D%22ltr%22+lang%3D%22en%22%3ETSX%3AQBTC+has+one+BILLION+dollars+of+%F0%9F%87%A8%F0%9F%87%A6+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fhashtag%2Fbitcoin%3Fsrc%3Dhash%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%23bitcoin%3C%2Fa%3E+%3Ca+href%3D%22https%3A%2F%2Ft.co%2FYNeCwocaBF%22%3Epic.twitter.com%2FYNeCwocaBF%3C%2Fa%3E%3C%2Fp%3E%0A%E2%80%94+3iQ+Corp+%28%403iq_corp%29+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2F3iq_corp%2Fstatus%2F1349876002323763200%3Fref_src%3Dtwsrc%255Etfw%22%3EJanuary+15%2C+2021%3C%2Fa%3E%3C%2Fblockquote%3E%0A%3Cscript+async+src%3D%22https%3A%2F%2Fplatform.twitter.com%2Fwidgets.js%22+charset%3D%22utf-8%22%3E%3C%2Fscript%3E%0A%3Ch2%3EBitcoin+bullish+and+crypto+funds+increasing%3C%2Fh2%3E%0A3iQ%27s+Bitcoin+fund+%28QBTC%29+is+the+first+public+fund+listed+in+Canada+on+the+Toronto+Stock+Exchange+and+stands+as+one+of+several+cryptocurrency+funds+which+have+enjoyed+the+rally.%0A%0AAs+one+of+the+largest+cryptocurrency+firms+in+Canada%2C+3iQ+has+also+partnered+with+blockchain+startup+company+Mavennet.+This%2C+with+the+intention+of+releasing+a+stablecoin+backed+and+regulated+by+the+Financial+Transactions+and+Reports+Analysis+Centre+of+Canada.+The+stablecoin%2C+pegged+to+the+Canadian+dollar%2C+would+stand+as+a+cryptocurrency+designed+to+avoid+the+volatility+the+digital+asset+industry+might+face.%0A%0AOther+funds+in+the+cryptocurrency+and+financial+industry+have+been+breaking+records+from+this+recent+bull+rally.+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fnl%2Fgrayscale-btc-investeringen-breken-een-record-in-het-vierde-kwartaal%2F%22%3EAs+reported%2C%3C%2Fa%3E+New+York-based+Grayscale+saw+a+record-breaking+fourth+quarter+with+a+%243.3+billion+USD+inflow+of+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fnl%2Fbitcoin-trader%2F%22%3Ecryptocurrency%3C%2Fa%3E.+As+it+stands%2C+Grayscale+has+accumulated+approximately+3%25+of+all+Bitcoin+supply+that+is+in+circulation+at+the+moment.+Over+the+past+several+months%2C+institutional+firms+including+Grayscale%2C+MicroStrategy%2C+and+Square+have+been+aggressively+adding+to+their+cryptocurrency+funds.+Analysts+and+cryptocurrency+traders+have+suggested+that+this+fresh+wave+of+institutional+investors+is+a+major+factor+in+what%27s+driven+-+and+more+importantly%2C+held+-+Bitcoin%27s+price+to+break+record+prices+over+the+past+year.%0A%0A%3C%2Fdiv%3E","timeout":15}