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Crypto Hedge Fund Multicoin Valued at $75m After Fred Wilson’s VC Investment
Despite the recent decline of the cryptocurrency market, the promise of huge profits continues to lure investors to funnel some of their funds into these digital coins. Recently, the New York-based venture capital firm Union Square Ventures (USV) officially announced its investment in Multicoin Capital, which is a cryptocurrency hedge fund startup. дальше »
2018-6-22 21:43 | |
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Bitcoin Outperforms Pantera Capital’s Diversified Cryptocurrency Fund
Dan Morehead, CEO of Pantera Capital, shared his thoughts on the tumultuous cryptocurrency market conditions, outlining that Bitcoin has managed to outperform the company’s Digital Asset Fund in May. дальше »
2018-6-21 21:00 | |
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Huobi’s Cryptocurrency Market Index Now On Bloomberg Terminal
Cryptocurrency exchange Huobi announced that financial data firm Bloomberg has added the HB10 crypto market index on its terminal for subscribers. Huobi launched HB10 index last month, which uses weighted samples to track a pool of top 10 crypto assets traded on its platform in real-time against tether (USDT), the dollar-pegged cryptocurrency, based on their liquidity дальше »
2018-6-21 11:33 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. дальше »
2018-6-21 23:05 | |
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Asian Blockchain Investment Accelerates as Crypto Hedge Funds Falter
The Financial Times has reported that profits for cryptocurrency hedge funds have taken a sharp decline, in direct correlation with the negative price action seen with the overall cryptocurrency market. дальше »
2018-6-19 15:30 | |
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White-Label Cryptocurrency Exchange Startup received investment of $15M from Novogratz
Despite the current market correction, Novogratz remains overly positive towards the field in general. Investing in the Future of Cryptocurrencies Mike Novogratz, Founder and CEO of Galaxy Digital Capital Management, announced on Thursday that his asset management firm had invested $ 15 million in a startup which helps businesses build cryptocurrency exchanges and tokenize assets. Previously, Mike дальше »
2018-6-17 03:57 | |
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Institutional Investors Move to Bitcoin ‘Inevitable,’ Says Wall Street’s ‘Crypto King’
‘Wall Street’s Crypto King’ Bart Smith is expecting institutional investors to move into the cryptocurrency market once regulations are clarified. Institutions Need Regulatory Certainty Smith runs the investment firm Susquehanna International Group which started investing in Bitcoin in 2014 and expanded in 2017 during the crypto boom. дальше »
2018-6-12 02:00 | |
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