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KuCoin Labs Invest in Huobi-Backed SocialFi Platform to Expand Into Metaverse and NFT Space

4.11.2021
PRESS RELEASE. The latest strategic investment in emerging SocialFi startup Torum from KuCoin Labs will empower the development of a SocialFi Metaverse powered by VR and Web3.0 technologies. 4th November 2021, Kuala Lumpur, Malaysia — Following the strategic investment of Huobi Ventures...

The Sandbox Scores $93 Million Investment Led by Softbank as Metaverse Tokens Thrive

4.11.2021
The Sandbox, a blockchain-based metaverse game, has scored an investment of $93 million to keep expanding its metaverse proposal. The funding round was led by Softbank’s Vision Fund 2, an investment vehicle that puts funds on early tech-based companies. Other investors in the round included...

Aussie crypto micro investment app Bamboo raises $3M, eyes US market

4.11.2021
Blake Cassidy sees a brain drain from Australia since the ASX is not keen on listing crypto companies

Mobius Capital Founder Says Crypto Is Not an Investment but ‘a Means to Speculate and Have Fun’

4.11.2021
Mobius Capital Partners founder Mark Mobius says that cryptocurrency is not an investment, calling it “a means to speculate and have fun.” He prefers stocks and believes “the U.S. market is going to continue to prosper and continue to do well.” Mark Mobius Does Not...

NYSE Arca files with SEC to list Bitwise Bitcoin ETP Trust

3.11.2021
Exchange-traded products with exposure to cryptocurrencies are increasingly gaining ground

JPMorgan says BTC’s 'fair price' is $35K... but it still expects crypto to 'outperform'

3.11.2021
Investment bank strategists say that BTC could climb as high as $73,000 if markets remain frothy

The Sandbox raises $93M to expand its NFT metaverse

2.11.2021
SoftBank Vision Fund 2 led the $93 million Series B round, marking the fund’s first investment into crypto assets

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

2.11.2021
Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg...

Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year

2.11.2021
Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019. Ether Could Reach $8K by Year-End, According to Goldman Sachs...

Google's Parent Increases its Crypto Bet by Joining Massive DCG Investment Round

1.11.2021
Google’s parent company Alphabet is taking another step into the world of crypto by joining a new funding round for Digital Currency Group (DCG), the owner of Grayscale Investments, which increased DCGs market valuation to USD 10bn. The funding round, which was led by the major Japanese venture...

NYDIG acquires Bitcoin micropayments firm Bottlepay

1.11.2021
Former Goldman Sachs partner NYDIG partook in Bottlepay’s seed funding round in March 2021

Up to 12 Million Iranians Own Cryptocurrency, Traders Choose Local Exchanges

1.11.2021
Cryptocurrencies are a popular investment among Iranians and estimates suggest that the number of those who already own one coin or another may be as high as 12 million. The majority of Iranian traders prefer the services of local crypto exchanges, the chief executive of one of them claims....

Web3 Infrastructure Provider Alchemy Raises $250 Million in Funding Round Led by a16z

31.10.2021
Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $250 million in its series C funding round, giving it a valuation of $3.5 billion. The round was led by a16z, which considers we are at a turning point in the web3 space. The company has multiplied its revenue...

Mad Money’s Jim Cramer Invests in Crypto Because ‘There Could Be Millions of Greater Fools Out There’

31.10.2021
The host of Mad Money, Jim Cramer, has some advice for crypto investors. “As long as you recognize the very real possibility that the whole investment case for crypto rests on the greater fool theory, you’ve got my blessing to speculate on it,” he said. Cramer added that he...