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LL Cool J and Paul Tudor Jones back $72M crypto fund
4.2.2021
The fund has already invested in a number of blockchain projects including Dapper Labs, Axelar and Nori
$72M Crypto Fund Backed by Paul Tudor Jones and LL Cool J Comes Out of Stealth
4.2.2021
Led by Glenn Hutchins, the new fund has already invested in Dapper Labs and other crypto projects
Bitcoin Startup Casa Raises $4M Led by Fidelity-Linked Avon Ventures
3.2.2021
Coinbase Ventures also joined the round
China could shut down Bitcoin for $7B a year says Logica Capital chief strategist
3.2.2021
Logica Capital's chief strategist believes China could attack the Bitcoin network for just $7 billion per year
Wall Street Bets and Gamestop Saga to Be Made Into a Movie
2.2.2021
The Wall Street Bets saga, an incredibly ridiculous story about a group of amateur Reddit investors who beat career Wall Street hedge funds at their own game, is to be made into a movie. According to a report by online news site Deadline on Jan. 31, Metro Goldwyn-Mayer (MGM) won the rights...
Silver Squeeze Goes Viral, Ounce of Ag Jumps Above $30, Wallstreetbets Fans Question Trend’s Legitimacy
2.2.2021
This past week, another social media trend started on the Reddit forum r/wallstreetbets, which aims to initiate a large silver short squeeze in order to push the price of the precious metal to $1,000 per ounce. However, the silver squeeze trend comes with controversy, as numerous wallstreetbets...
Hedge fund behind shorting GameStop reports 53% loss in January
31.1.2021
A Melvin Capital client claims that the firm has "massively de-risked" its investment portfolio following the controversy involving short-selling GameStop stocks
Coinbase Opts out of IPO Routine, Chooses Popular Direct Listing Route
30.1.2021
The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution...
Report: Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China
28.1.2021
A report from China says as many as 872 lawsuits relating to cryptocurrencies were filed in the past year, a figure which is approximately 20% more than that of 2019. Using data obtained from the China Judgment Document Network (CJDN), the report shows that the province of Guangdong had the highest...
Skybridge Capital Cofounder Says Gamestop Activity Is ‘More Proof That Bitcoin Will Work’
28.1.2021
The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy...
Bitcoin Inflows in Past 30 Days Exceed BTC’s Total Market Cap in 2017 and 2019, Says Report
28.1.2021
The total amount of capital inflows into bitcoin during the 30 days to Jan. 25 are as high as the entire bitcoin market capitalization in September 2017 and early 2019, according to new data from Glassnode. Glassnode co-founder and CTO Rafael Schultze-Kraft tweeted that cash inflows into bitcoin...
Massive Gamestop Short Squeeze Highlights the Fragility of Today’s Financial System
27.1.2021
The bigwigs trading stocks on Wall Street have been upset this week as billion-dollar hedge funds have been crippled by Redditors and memes. Not too long ago, the firm Gamestop’s shares were plummeting, and Wall Street veterans lined up a mountain of short bets against the company’s...
Ethereum’s realized cap spikes to record highs as capital floods in: Report
27.1.2021
Ethereum’s realized cap has surged into new all-time highs this month, indicating that new money is rushing to accumulate ETH
Big Guns Back $10M Investment in DeFi’s dYdX
26.1.2021
The funding round, led by Three Arrows and DeFiance Capital, was also joined by Andreessen Horowitz, Polychain Capital and Coinbase co-founder Fred Ehrsam
Traditional Lenders Extended Millions in Loans to the Crypto Space Through Genesis in Q4
26.1.2021
The average loan size for a first time lender on the platform is $3.2 million, Genesis said
Singapore Exchange, Temasek Launch Digital Asset Business for Capital Markets
22.1.2021
Singapore Exchange (SGX) and state-owned investment firm Temasek Holdings announced Friday a joint venture launching a digital assets business focusing on capital market products. Read more: Singapore’s Stock Exchange Backs New Ethereum Security Token Platform
Bitcoin Miner Bit Digital Hits Back at ‘False Accusations’ of Fraud
20.1.2021
The company shed $130 million in value after J Capital’s report
Frost Blights Altcoin Spring, but Fresh Capital May Spur Market
20.1.2021
Crypto spring got a touch of the chills today, as, in the midst of what many have called altseason, the markets turned red.
However, altcoins may be set to receive some of the money going into bitcoin (BTC) and ethereum (ETH), according to data from the crypto analytics firm Coin Metrics.
In...
Lightspeed, Pantera Join $20M Raise for Crypto Market Maker Wintermute
20.1.2021
The Series B will fund a push into Asia and the launch of a derivatives business
Saddle Raises $4.3M for Slippage-Free DeFi Trading
19.1.2021
Silicon Valley's Saddle is solving the stablecoin spread that currently dogs DeFi