Cryptocurrency Analysis and News Portal
Cryptocurrencies have not been used as a safe haven amid challenges the global economy has faced at the beginning of the year, one expert says.The world has already seen a slew of market-shaking events this year including trade policy uncertainty, geopolitical tensions and the coronavirus epidemic, among others. With
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While Bitcoin and crypto is largely a movement to disempower institutions and to put power back in the hands of regular people, there has been a space-wide focus on getting institutions involved in this industry. The thesis with this antithetical move is that institutional involvement in cryptocurrency: the world’s biggest firms
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In a varied career, Dan Schatt has been a Peace Corps volunteer in Romania, a Citibank banker in Senegal, a Celent analyst and a PayPal executive. He co-founded Cred, a decentralized lending and borrowing platform, with other PayPal technology veterans in 2018.Cred attracted some attention last year when it
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A venture capital fund under the management of Sony Financial Ventures (SFV) and Japan-based VC firm Global Brain has invested an undisclosed amount in security token issuance platform Securitize.Announcing the news in a press release Tuesday, San Francisco-based Securitize said the "strategic fundraise" came via corporate VC fund SFV GB
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Venture arms for Salesforce and Samsung participated in a second Series C funding event for a startup called Digital Asset. After gathering $35 million in its first Series C raise that ended in December 2019, Digital Asset decided to run another round, a Feb. 4 press release read. This second Series
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The decentralized finance (DeFi) market saw a massive upswing in 2019 and its growth is expected to continue in 2020. Yet, only a handful of accounts are responsible for much of the industry’s value. DeFi is the movement to transform old financial products into trustless and transparent protocols that run on
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Asset manager WisdomTree intends to launch a regulated stablecoin in the United States, financial news outlet FNLondon reported on Jan. 13.Per the report, WisdomTree is looking to deploy a digital currency backed to a basket of assets such as gold, fiat currencies or government debt. The firm also intends
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Australia-based blockchain energy firm Power Ledger has purchased a 250 kilowatt (kW) photovoltaic system that will utilize a blockchain-based data management and settlement system.Per a press release shared with CryptoX on Jan. 13, Power Ledger purchased the system from Perdaman Advanced Energy, an Australian firm that provides clean energy
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The conversation about whether bitcoin is a safe haven asset continues in the wake of Iranian missile strikes, which saw the price of BTC both surge and retrace in parallel with crude and gold. To help explain what’s going on, we feature comments from Ikigai Asset Management’s Travis Kling. Also in
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Even though we can say that Bitcoin was one of the assets that grew almost 100% this year, it seems that Euro Pacific Capital CEO Peter Schiff doesn’t agree.In his tweet, Schiff pointed out that that Bitcoin is the only asset class that is not rallying at the moment.Bitcoin is
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