Cryptocurrency Analysis and News Portal
Crypto Card Market Trends Cryptocurrencies are still in their early stages of adoption and very few retailers accept them making them difficult to spend in-store or online. Despite the current “hodl” mentality, every crypto company out there appears to be gunning for programmes that enable crypto spending. In fact, the trend has
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Building on its previous crypto involvement, VC firm Andreessen Horowitz is now reportedly gathering thunder for another fund, according to an article from the Financial Times, or FT.“The new fund, Andreessen’s third that is focused on cryptocurrency investments, is aiming to raise between $800m and $1bn from investors, according to
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Polygon’s effort to bring the DeFi space to users started a while ago and has so far yielded many positive results this year.Polygon, a blockchain scaling network, has revealed plans of a $100 million fund to ease accessibility to the decentralized finance (DeFi) space to end-users. Polygon’s fund, dubbed #DeFiforAll
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KiwiSaver Growth Strategy, a $350 million retirement plan operated by New Zealand Wealth Funds Management, has reportedly allocated 5% of its assets to Bitcoin (BTC), underscoring the steady stream of institutional investors entering the digital asset space.Bitcoin’s striking similarities to gold were cited as one of the biggest reasons for
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Gold hit its lowest levels in more than eight months on Tuesday, a day after holdings in the precious metal-backed exchange-traded funds fell by 14 tonnes, logging the biggest outflow seen in 2021. Analysts blamed signs of an economic global recovery and rising US bond yields for the said decline. That
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Less than a month after US carmaker Tesla revealed its $1.5bn Bitcoin holdings, one of the company’s most vocal bullish investors announced that he had sold 1.8 million of its shares for clients. Ron Baron, the founder of Baron Capital, an investment management firm in New York, said his firm sold
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The newly launched DeFi Alliance Fund aims to help early-stage DeFi startups by offering them financial and regulatory guidance as well as helping them connect with institutional players to fuel growth.The crypto DeFi market has seen explosive growth this year in 2021 surging more than 350% year-to-date. As the DeFi
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Asset management firms Alpha Innovations and Arcanum Capital have launched a $10 million venture capital fund focused on driving blockchain innovation in emerging markets. The Arcanum Emerging Technologies Fund is to be the first of a series, with an initial close expected in late February, according to a company statement. The
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In brief:Twitter CEO, Jack Dorsey and Jay Z have set aside 500 BTC to fund Bitcoin developmentThe funds will be in an endowment trust named ₿trustThe fund’s focus will be on development teams in Africa and IndiaDorsey and Jay Z will provide ‘zero direction’ and will need 3 additional board
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IDEO, an American design and innovation consultancy firm, has filed for a new cryptocurrency fund through its blockchain-oriented venture capital subsidiary.IDEO CoLab Ventures, an early stage investment fund focused on blockchain development, has applied Tuesday for a new crypto fund with the United States Securities and Exchange Commission, or SEC.Called
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