Cryptocurrency Analysis and News Portal
An executive at the Ethereum blockchain firm ConsenSys is launching a new blockchain-oriented investment firm, Aligned Capital. Sam Cassatt, the chief strategy officer (CSO) at ConsenSys, announced that the firm will be seeking to raise $50 million for its first fund in an announcement on Nov. 15.Cassatt, who has
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A video has surfaced on Twitter showing Ripple’s Managing Director Navin Gupta saying ‘it’s do or die’ for the $155 trillion global payments problem they are targetting. There are a lot of big numbers mentioned recently, they are not hype, nor are they outlandish or untrue they represent a real-world problem
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Tron (TRX) founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle.Sun said he was one of the investors who acquired the trading platform in a livestream published by the official Poloniex Twitter profile on Nov. 12. Furthermore,
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Founded in 2012 by Fred Pye and Jean-Luc Landry, 3iQ Corp. is an investment fund manager which focuses on digital assets and innovative technologies. On October 30, 3iQ announced to have received green light from the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund.The fund is now going to
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Two top U.S. financial watchdogs, the United States Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have filed a cease-and-desist order against XBT Corp. SARL, a.k.a First Global Credit, a Swiss Bitcoin-based securities dealer that allegedly solicited investments from U.S. investors without registering with the agencies.
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Ark Investment Management CEO Catherine Wood believes Thursday’s surge in Tesla stock is just the beginning of the rise.Ark Investment Management founder and CEO Catherine Wood commented that huge jump in Tesla’s stocks that began yesterday after the company released its earnings is just “the beginning of an eventual rise
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Before 2019 runs out, Square has announced that it will begin fractional share investments via its Cash App.Financial services and mobile payment company Square has just announced a new investment feature that allows users to make even the smallest investments through its Cash App. According to the San Francisco-based company,
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The recent Ripple investment and acquisition drive continues unabated with mass adoption in mind as they join forces with BRD wallet. Originally designed for Bitcoin storage, BRD’s 2.5 million wallet users can buy, store and sell ETH, DAI Bitcoin cash and now, XRP. The Ripple team have not only endorsed us socially
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The store of value narrative for Bitcoin has been gaining a solid amount of traction over the years, notably naysayers have used the supposed lack of solid data to deny the benefits of Bitcoin in an investment portfolio. New research from VanEck suggests that this is completely wrong, as there
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Major United States investment management firm VanEck has listed four reasons why Bitcoin (BTC) improves an investment portfolio upside.On Oct. 8, VanEck released research titled “The Investment Case for Bitcoin,” aiming to determine what role the cryptocurrency can play in an investment portfolio. According to VanEck, a firm that
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