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5 Bitcoin Metrics Are Making Highs Says Fund Manager: Could Price Follow?

Bitcoin has found itself in no man’s land. Take the chart below, which shows that over the past few months, the cryptocurrency has centered around the low-$9,000s,Chart of BTC's price action over the past four months. Chart from TradingView.comThe stagnation in the cryptocurrency market has been further accentuated by volatility

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World’s Largest Pension Fund Lost the Equivalent of Bitcoin’s Entire Market Cap in Just Three Months

The biggest pension fund in the world lost $164.7 billion in the first quarter of 2020. This is equivalent to the entire market capitalization for Bitcoin (BTC).Bitcoin didn’t do any betterJapan's Government Pension Investment Fund, or GPIF, decreased in value by almost 11% to 150.63 trillion yen or $1.4 trillion.

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Arca Labs Launches Ethereum-Based SEC-Registered Fund

A bitcoin exchange traded fund may never receive approval from the U.S. Securities and Exchange Commission (SEC), but an even stranger crypto investment vehicle finally has: a blockchain transferred fund.  On Monday, Los Angeles-based money manager Arca began selling shares in the “Arca U.S. Treasury Fund,” an SEC-registered closed-end fund whose

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UNICEF Crypto Fund to Invest $100K in Humanitarian Blockchain Projects

Over the past four years, the United Nations International Children’s Fund has been investing in startups applying open-source technology, hoping to make the world a better place, but is looking to step up its game even further now.Cecilia Chapiro, an investment advisor at UNICEF Ventures, told Cryptox that UNICEF had

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A Crypto Startup in India Raises $650k to Bring “Chit Fund” on Blockchain

Crypto startup ChitMonks has raised $650k in a pre-series A round with the help of early-stage investors Unicorn India Ventures (UIV).The firm aims to revolutionize proceedings by bringing 21st-century blockchain technology to the old-fashion chit-fund market.“At ChitMonks, we are building India’s largest blockchain network for Savings and Borrowings. We synergize

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