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While the Global Economy Shudders, Andreessen Horowitz ‘Excited’ to Invest $500M Into the Crypto Industry
1.5.2020
The private venture capital firm Andreessen Horowitz (a16z) has announced the company is investing $515 million into the cryptocurrency industry. The firm says its “excited” to bolster crypto networks and businesses. Further, the company hopes to strengthen ideas like next-generation...
Shares in Grayscale’s Bitcoin Trust Up By 14% After Crypto’s Price Rallies
30.4.2020
Shares in the Grayscale Bitcoin Trust climbed 14% on Wednesday as bitcoin's price rallied toward $9,000
66% of Europeans Feel Optimistic About Future of Bitcoin, Study Shows
29.4.2020
Europeans are feeling more optimistic about the future of bitcoin. A recent study shows that more than two thirds of them believe cryptocurrency will remain in existence in 10 years time, with some convinced BTC will become a key part of the economy, both as a security and investment. Crypto...
Grayscale Buys 50% of All Ethereum Mined in 2020
28.4.2020
Digital asset manager Grayscale Investments bought about 50% of all newly mined ethereum so far this year. It now holds the equivalent of 1.1% of ETH in circulation, according to a post on Reddit. Grayscale operates 10 cryptocurrency investment products focused on institutional investors. As...
Is Bitcoin a Good Investment: Analyst Predicts High Institutional Demand Post Covid-19
25.4.2020
The global crisis and financial market turmoil have many investors looking into whether cryptocurrencies, such as bitcoin, are a good investment for them. A Japanese analyst has predicted high institutional investor demand for bitcoin post coronavirus crisis, giving three key reasons why...
Institutional Investment Builds in Q1 2020, Sentiment Toward Crypto Funds Changing
23.4.2020
Grayscale holds 1.7% of the Bitcoin supply and that says a lot about institutional demand for crypto
Facebook Buys Stake in Reliance Jio — How the Deal Affects Cryptocurrency in India
23.4.2020
Facebook is buying a stake in Reliance Jio, India’s largest telecom operator. The deal has boosted Reliance Industries’ share price and is welcomed by the Indian cryptocurrency community. Besides Facebook’s investment into Reliance Jio, Whatsapp has also entered into a partnership...
Overstock’s Blockchain Arm tZERO Gets $5 Million in Equity Raise
22.4.2020
Overstock’s blockchain subsidiary tZERO raised $5 million through its latest equity sale
Coinbase Taps Ex-Barclays Markets Exec to Head Institutional Coverage
20.4.2020
Coinbase has hired former Barclays markets veteran, Brett Tejpaul, to head up institutional coverage at the San Francisco-based crypto exchange
Investments in Grayscale Bitcoin Trust Hit Record High Amid Economic Crisis
17.4.2020
Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter. Of the total investment, 88% comes from institutional investors....
Grayscale Says It Raised a Record $500M in First Quarter
16.4.2020
The crypto investment firm says it raised almost as much in Q1 2020 as it did over the whole of 2019
Bitcoin DeFi Investment, New Local Stablecoin + More News
15.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investment news
Atomic Loans, a provider of non-custodial bitcoin (BTC)-backed loans, has raised a USD 2.45 million seed round,...
Morgan Creek Invests in Startup Bringing Bitcoin to DeFI
15.4.2020
Anthony Pompliano's investment firm has joined a seed round for Atomic Loans, a startup looking to create bitcoin-backed lending instruments
Multicoin Says 'Super Apps' Plan Behind $1.5M DeFi investment
15.4.2020
Multicoin has invested in dForce, which is launching a DeFi "super-network" to cater to the Asian market
Philippine SEC Exposes Fraudulent ‘Abundance-Based’ Crypto Investment Scheme
15.4.2020
Philippine financial regulators have warned the public against a scheme that claims to "revolutionize the global financial system in order to eradicate world poverty"
Major Fintech and Blockchain Backer SoftBank Expected to Lose $12.5 Billion
14.4.2020
A company founded by a Bitcoin investor is expected to lose $12.5 billion during this fiscal year
CZ Says Binance Invested One Quarter of Its Profits Last Year
13.4.2020
In a recent interview, Binance CEO Changpeng Zhao said that his exchange reinvests one quarter of its profits each year into expansions and acquisitions
Chinese Blockchain Investment on the Rise, but Comparison to US Is Apples to Oranges
12.4.2020
China holds more blockchain patents, but the number of U.S. companies invested in blockchain is greater
Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’
10.4.2020
During the first week of March, news.Bitcoin.com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York. The Greenidge plant operates 7,000 bitcoin miners and on April 8, the firm revealed the sale of...
Bitcoin Evolution: Wanna Make $1 Million in 2 Months Like Prince Harry and Meghan Markle? It’s a Scam
10.4.2020
A bitcoin investment scheme has reportedly claimed that Prince Harry and Meghan Markle are making millions using a “wealth loophole” and have urged everyone to check out Bitcoin Evolution. However, this is a sales tactic by a known scam, claiming that some members earned their first...