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Bithumb Crypto Exchange to Expand International Activities After Raising $200 Million Funding

Bithumb, one of the biggest Bitcoin exchanges in , has secured a whopping $200 million in a Series A funding round from the Japan-based ST Blockchain Fund.

Amount of Funds Raised in Q1 2019 via ICOs Dramatically Falls Compared to Last Year’s Results

Just $118 million has been raised via Initial Coin Offerings (ICOs) in Q1 of 2019, which is 58 times less than the amount raised during the same period in 2018, the Wall Street Journal reported citing analytics website TokenData.

Forklog Exclusive – Tim Draper on Privacy Coins and Why Bitcoin Will Reach $250,000

Last year, Silicon Valley billionaire venture capital investor and Bitcoin bull, Tim Draper made the headlines thanks to his bold prediction that by 2020 the flagship cryptocurrency will soar to $250,000. Today, despite the continuing bear market, Draper is doubling down on that forecast, even though he admits he is not sure how exactly Bitcoin […]

Abra’s Crypto App Introduces Bitcoin Investment Option for Stocks and ETFs

U.S.-based digital wallet Abra has introduced new features enabling global investors in 155 countries to invest in shares and exchange-traded funds (ETFs) using Bitcoin (BTC).

Bitcoin Investors Are Turning to Gold, Says CEO of Van Eck

Jan Van Eck, CEO of Van Eck Associates, suggested that investors are now turning their attention to gold, leaving Bitcoin and other cryptocurrencies behind.

Grayscale Investments Adds Stellar to Its Cryptocurrency Investment Portfolio

Digital currency investment group Grayscale, the company behind the Bitcoin Investment Trust, announced the launch of Stellar Lumens Trust, a “single-asset investment product” which exposes investors to lumens (XLM), the native asset of the Stellar network.

Bitcoin Bull Mike Novogratz Increases Stake in Galaxy Digital

Former Goldman Sachs’ partner Mike Novogratz has invested nearly $5 million more in his crypto-focused merchant bank, Galaxy Digital Holdings, Ltd., increasing his shares in the venture to almost 80%.

Bitcoin P2P Exchange Hodl Hodl Raises Seed Funding From WhalePanda and Other Private Investors

Hodl Hodl – a global P2P cryptocurrency exchange that doesn’t hold users funds – recently raised money in the seed round from five private investors

Coinbase Deny IPO Rumors as Crypto Giant Closes $300 Million Series E

Coinbase announced a $300 million fundraising round on Tuesday, October 30, which puts the San Francisco-based company’s new valuation at $8 billion and makes it one of the most highly valued startups in the United States. However, in an interview with Bloomberg TV following the announcement, Coinbase President and Chief Operating Officer, Asiff Hirji, said […]

Goldman Sachs and Mike Novogratz’s Galaxy Digital Invest in Cryptocurrency Custodian BitGo

Goldman Sachs Group Inc. and billionaire Mike Novogratz’s Galaxy Digital Ventures have announced they are investing $15 million in cryptocurrency custodian BitGo Holdings Inc.

Fidelity to Provide Enterprise-Grade Digital Asset Solutions for Institutional Investors

U.S. investment firm Fidelity, which administers over $7.2 trillion in client assets, has announced the launch of Fidelity Digital Asset Services, a new company that will offer enterprise-quality custody and trade execution services for cryptocurrencies to institutional investors such as hedge funds, family offices and market intermediaries.

Leading U.S. Universities Invest in Cryptocurrency Funds

Harvard University, Stanford University, Dartmouth College, Massachusetts Institute of Technology and the University of North Carolina have all made investments into a number of cryptocurrency funds. This is what The Information reported on October, 10, citing a person familiar with the developments.

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