Institutional Money In Bitcoin: Problem or Solution? An Expert TakeInstitutional investors and their money have been painted as both the doom and the salvation of Bitcoin. Analytics say they are important for the first crypto to reach new heights. Bitcoin maximalists say they threaten the very nature of it, at least as it was envisioned by Satoshi, and its role as the alternative to […]
Institutional Players Ramping up Investments in Bitcoin: What’s in It for Crypto-IndustryMany crypto-enthusiasts anticipate the advent of large investors to make Bitcoin price grow rapidly and pull the whole market along with it. Galaxy Digital’s Mike Novogratz believes that Bitcoin will soon pass the $20,000 mark, chiefly driven by the regulated exchanges aimed at professional market participants.
Blockchain Startups Raised $822 Million in H1 2019 – ReportBlockchain and crypto startups have raised $822 million in 279 separate venture capital deals in H1 2019, writes Cointelegraph citing a report by Outlier Ventures released on July 2.
Bithumb Crypto Exchange to Expand International Activities After Raising $200 Million FundingBithumb, 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 ResultsJust $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 $250,000Last 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 ETFsU.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 EckJan 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 PortfolioDigital 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 DigitalFormer 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 InvestorsHodl 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 ECoinbase 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 […]