Search
Nic Carter’s Castle Island Ventures Closes $50M Investment Fund
8.2.2021
The early stage VC will continue to invest around its primary thesis: "that public blockchains are changing the world."
Anon-powered options: DeFi platform Premia goes live
7.2.2021
An all-anon team is hoping to realize the long-awaited dream of a flexible DeFi options platform
IPOs, M&As, and New Token Sales To Bring Fresh Capital For Crypto in 2021
6.2.2021
Few commentators have remarked on one big difference between the 2020 and 2017 bull markets: the fact that record bitcoin (BTC) prices weren’t complemented by a wave of high-profile initial coin offerings (ICOs). Unlike 2017, there were few notable ICOs that took advantage of heightened interest...
BlockTower Capital CIO estimates another 9–22 months of bull run for crypto
5.2.2021
The crypto gains are coming in, but how long will it last?
Crypto-Centric VC Fund Lures in Billionaire Investor Paul Tudor Jones and Rapper LL Cool J
5.2.2021
This week the former Digital Currency Group (DCG) Vice President of Investments, Travis Scher, announced a $72 million crypto-focused venture capital fund backed by the billionaire investor Paul Tudor Jones and hip-hop star LL Cool J. The crypto VC fund was invoked by Scher, the private equity...
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