Bitcoin Miner Marathon Patent Group Completes $200M Capital Raise
Nasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business. Source
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Capital
Anthony Scaramucci’s Skybridge Capital Pumped About $182M in Bitcoin
For asset managers including Skybridge Capital, an entry into the world of Bitcoin and cryptocurrencies will serve as a wake-up call for existing clients to have a positive disposition towards BTC as well as the new cryptos that will be supported.In the wake of the institutional embrace of Bitcoin (BTC)
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SkyBridge Capital Has Already Invested $182M in Bitcoin
Anthony Scaramucci’s SkyBridge Capital investment firm has invested $182 million in bitcoin, according to an investor brochure shared with CryptoX about its forthcoming bitcoin fund. The firm, which has $9.3 billion under management, is launching the “SkyBridge Bitcoin Fund LP” in January, according to Securities and Exchange Commission documents filed on
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Opyn Upgrade Aims to Add Capital Efficiency and Liquidity to DeFi Options Market
Opyn, a marketplace for decentralized finance (DeFi) options, has rolled out a host of new features in its updated protocol that aim to make the crypto options markets more efficient and liquid. While Opyn entered DeFi with an insurance-like product for governance tokens such as compound, its focus has since pivoted
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SEC Obtains Emergency Asset Freeze Against Virgil Capital
The U.S. Securities and Exchange Commission (SEC) said it obtained an order imposing an asset freeze and other emergency relief against Virgil Capital LLC and its affiliated companies in connection with an alleged securities fraud relating to Virgil Capital’s flagship cryptocurrency trading fund, Virgil Sigma Fund LP. Source
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We Have a Bitcoin (BTC) Supply Shortage – Pantera Capital CEO
Summary:Dan Morehead has pointed out that Bitcoin is experiencing a supply shortageThis is due to institutional buyers such as Paypal scooping up Bitcoin more than is minedBitcoin’s price is 9 weeks behind its pace towards $115k but will eventually get thereThe CEO of Pantera Capital, Dan Morehead, has pointed out
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Yonatan Ben Shimon, Founder of YBS Capital, Explains Value of ‘Exit to Community’
There is a number of benefits to work with YBS Capital beyond Ben Shimon’s expertise on the E2C approach.For a typical startup, the financial life cycle usually involves entrepreneurs starting with little to no funding, pitching ideas to investors for an initial injection of seed capital, and building from there.
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Capital From Gold Will Move to Bitcoin Once BTC’s Marketcap hits $1T
Quick take:Willy Woo has forecasted that Bitcoin’s market cap hitting $1 Trillion will result in more capital moving from Gold to BTCHis comments were in response to MicroStrategy raising $400M to buy more BitcoinA $1 Trillion market cap puts Bitcoin at around $54,000More companies are accumulating Bitcoin and will continue
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Multicoin Capital Leads $1.15M Seed Round for DeFi Protocol Swivel Finance
The decentralized protocol says its offerings of fixed-rate lending and interest-rate derivatives will place it in a unique position in Defi Source
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Crypto funds see near-record inflows as capital floods out of gold
A new report from market data aggregator CoinShares has revealed recent surging crypto inflows amid record gold outflows.The report, published Dec. 7, notes that gold investment products have seen record outflows of $9.2 billion over the past four weeks, as BTC products saw inflows of $1.4 billion.The combined crypto fund
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