Cryptocurrency Analysis and News Portal
Entertainment giant Fox has made a strategic investment in Berkeley, Calif.-based Eluvio to “accelerate the adoption of Eluvio’s blockchain/NFT platform” across the entertainment industry.Terms of the deal were not disclosed, but Fox said its investment marks the completion of Eluvio’s Series A round that values the company at $100 million.Eluvio
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Ethereum makes up a large part of crypto-asset manager Grayscale’s portfolio. In a recent report, it shows that Grayscale now has over 3 million ETH in its asset under management (AUM), amounting to more than $10 billion. This makes the asset manager one of the largest holders of Ethereum in
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Jake Klein, CEO of Australian gold mining establishment Evolution Mining, has said that crypto price volatility will make gold a far more attractive proposition.Speaking to CNBC on Thursday, Klein argued that Bitcoin (BTC) is still ways away from offering the longstanding security associated with gold from a hedge investment perspective
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Transcript Welcome to The Daily Forkast, August 19th, 2021. I’m Angie Lau. Editor-in-Chief of Forkast.News. Coming up, Hong Kong based Sonic Capital launches a green investment initiative. In China, a Shanghai court rules that bitcoin is a legally protected virtual property;and Australia and Singapore team up on a cross-border trade blockchain trial. Let’s get
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The demand for environmental, social and governance (ESG) investing is accelerating, and several key trends are emerging — from climate change to social unrest. The coronavirus pandemic, in particular, appears to have intensified discussions about the interconnectedness of sustainability and the financial system. Blockchain has emerged as a powerful and transformative
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Global investment in blockchain and cryptocurrencies leapt in the first half of 2021, with US$8.7 billion raised and 548 deals sealed, according to consulting firm KMPG’s latest Pulse of Fintech H1’21 report. Fast facts Global fintech investment in H1 2021 reached US$98 billion in 2,456 deals, compared to US$121.5 billion for the
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New York-based investment management firm Neuberger Berman has filed for a commodity-focused fund to be able to gain indirect exposure to crypto investments. In a filing with the Securities and Exchange Commission today, the investment firm said its Commodity Strategy Fund would allow investors to have indirect exposure to cryptocurrencies and
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Institutional crypto products have seen their fifth consecutive week of outflows despite the bullish momentum in the markets. In its August 9 Digital Asset Fund Flows Weekly report, institutional asset manager CoinShares estimated that outflows totaled $26 million for the week. However, the report notes that outflows have shrunk compared to
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Luxembourg-based Blocktrade has become the latest cryptocurrency exchange to receive major backing from venture capitalists, offering further evidence that digital asset startups are becoming a prime target for investment funds. Private investors across 33 countries participated in the $25.8 million, or 22 million euros, Series A round, Blocktrade announced early Tuesday
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A $7 billion firm recently advised that land and cryptocurrency are two assets that can combat currency debasement. In addition, the contrarian investment company is telling investors that crypto assets will help them more to face the growing economic challenges worldwide. During a discussion, the co-founder of Horizon Kinetics, Peter Doyle, stated
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