Cryptocurrency Analysis and News Portal
Kiyosaki believes Bitcoin price will continue soaring up as high as $500k in the coming years, purely fueled by inflation. The author of Rich Dad Poor Dad, Robert Kiyosaki, has reiterated his investment strategy against global inflation. During a CNBC interview, Kiyosaki noted that global inflation has become a systemic problem.
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ARK Invest, the investment management firm founded by legendary investor Cathie Wood, has celebrated International Workers’ Day by buying shares of cryptocurrency exchange Coinbase.On May 1, ARK purchased 129,604 Coinbase shares for its ARK Innovation exchange-traded fund (ETF), according to an investor notification seen by Cointelegraph.The investment company also bought
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The investment from a16z is a strong vote of confidence in Pinecone’s technology. California-based AI startup, Pinecone has received a $100 million investment from venture capital firm Andreessen Horowitz (a16z) in its series B funding. The round also featured ICONIQ Growth, Menlo Ventures, and Wing Venture Capital. Following the investment, the company
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Prominent German automaker Volkswagen has announced plans to roll out its ID.7 EV across three continents within the next year. Volkswagen appears set to stake its claim in China’s electric vehicle (EV) market by launching a higher-end car. The German motor vehicle manufacturer also plans to invest up to $1 billion to develop
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The zVentures Web3 Incubator (ZW3I) program will select developers who possess a strong track record in creating successful games. Razer Inc, an American-Singaporean multinational technology company that manufactures and distributes gaming hardware, has announced the launch of the zVentures Web3 Incubator (ZW3I) program. According to the company, the zVentures Web3 Incubator
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Paul Chan Mo-po, the Hong Kong finance secretary, thinks this is the right time for the city to invest in web3 technology. Web3 is maturing According to reports on April 9, Mo-po is confident that despite the recent volatility witnessed in the cryptocurrency markets, marked by the collapse of major centralized exchanges and platforms,
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Kala, who is based in Miami, believed in this thesis so strongly that she doubled down on it, launching an early-stage Web3 fund called, well, “Double Down.” (A nod, of course, to blackjack.) In late 2022, Kala raised $30 million for the fund (whose backers include blue-chippers including Chris Dixon
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Ark Invest is also interested in Jack Dorsey’s payment firm Block after short-seller Hindenburg Research published a damning report on the company. No one takes advantage of the dip in crypto-related stocks like Cathie Wood’s American investment management company, Ark Invest. For the second straight day, the company made strategic acquisitions
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Cathy Wood's ARK Invest bought $12.6 million of Coinbase (COIN) shares on Friday, the second straight day the fund bought the crypto exchange's stock after the company received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) on March 22, sending COIN tumbling 16% the next day. The
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Before this sale, ARK Invest owned 9.9 million shares of the crypto exchange worth $575 million. Source
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