One River Digital Buying $1B in Crypto with Alan Howard Backing
One River Digital, a new institutional-focused investment firm, under the backing of tycoon and hedge fund manager Alan Howard is eyeing a $1 billion investment in cryptocurrencies by early next year.On Wednesday, hedge fund One River Asset Management CEO Eric Peters explained to Bloomberg...
Fintech Startup EMTECH Launches Platform to Help CBDC Development
The EMTECH Modern Central Bank Sandbox™ will provide its innovative solutions with backing from the cloud services giant Microsoft Corporation in its attempt to deploy the pilots in the coming months.
EMTECH, an American Fintech startup, has launched a platform dubbed the Modern Central Bank...
DApps Ride on Shoulders of DeFi to Record 1200% Growth
The report estimates that the transaction volume in DApps in 2019 was $21 billion, meaning there has been a 1178% increase.The year 2020 was a perfect one for the growth of the Decentralized Finance (DeFi) economy with billions flowing into the ecosystem and positively...
On-Chain Analyst Willy Woo Predicts $55K for Bitcoin as BTC Hits $23K
Bitcoin is poised to further growth, unlike the situation when it reached its previous all-time high in December 2017.
On-chain analyst Willy Woo said $55,000 is the next landmark for Bitcoin as the leading digital asset hits an all-time high of $23,000. Bitcoin recently reached...
Crypto Surveys Expect Bitcoin to Double Its Current Value in 2021
Bitcoin has also become a sudden hedge for investors to shield their investments against legitimate inflation as a result of numerous government’s effort to support economies and increase in spending due to the pandemic.
The biggest digital coin in the crypto world Bitcoin has been...
Yonatan Ben Shimon, Founder of YBS Capital, Explains Value of ‘Exit to Community’
There is a number of benefits to work with YBS Capital beyond Ben Shimon’s expertise on the E2C approach.For a typical startup, the financial life cycle usually involves entrepreneurs starting with little to no funding, pitching ideas to investors for an initial injection of...
As Bitcoin (BTC) Moves Past $23,500 Guggenheim CIO Calls for $400,000 Price Target
Guggenheim CIO Scott Minerd says that the rampant money printing by the Federal Reserve coupled with Bitcoin scarcity makes a favorable case for the BTC. Thus he expects BTC to skyrocket to $400,000 wherein it will be close to the global gold market cap.Bitcoin...
Coinbase CEO Pens Words of Caution to Crypto Newcomers
Coinbase CEO Brian Armstrong provided words of warning to new cryptocurrency buyers amid bitcoin’s latest climb to fresh all-time highs.
In a blog post on Wednesday, the CEO of the leading cryptocurrency exchange said he and his company take a “long-term view of the market”...
Bitcoin Sailing in Uncharted Waters as Price Crosses $22K for First Time
Bitcoin is heading north, having blown past two price hurdles to reach another record all-time high.
At around 2:40 UTC Thursday, the price of the world’s first cryptocurrency rose above $22,000 for the first time, having anchored at around $21,300 for a few hours during...
Bitcoin Drops Nearly 7% After Setting New Record High of $23,770
Bitcoin surged to new record highs above $23,000 earlier on Thursday, before quickly falling back by over $1,500.
The cryptocurrency dropped from the all-time high of $23,770 to $22,185 in the roughly 30 minutes to 09:45 UTC – a 6.67% drop, according to the CoinDesk...