Crypto VC funding tops $1B for second consecutive month
Crypto venture fundraising reached $1.02 billion in April, compared to $10.9 billion in March. RootData’s website shows total funding rounds by VCs hit 161 in April, slightly down from 186 the previous month. Venture capital funding across the cryptocurrency space surpassed the $1 billion mark in April, a feat that means the industry has now […]
Crypto VC funding tops $1B for second consecutive month
Crypto venture fundraising reached $1.02 billion in April, compared to $10.9 billion in March. RootData’s website shows total funding rounds by VCs hit 161 in April, slightly down from 186 the previous month. Venture capital funding across the cryptocurrency space surpassed the $1 billion mark in April, a feat that means the industry has now […]
Hong Kong Bitcoin ETFs not enough to absorb US ETF selling pressure
Despite the excitement around the Hong Kong ETF debut, the inflows are only a fraction of the selling from the U.S. ETFs. Could Bitcoin price revisit the $50,000 mark next?This post was originally published on this site
Hong Kong Bitcoin ETFs not enough to absorb US ETF selling pressure
Despite the excitement around the Hong Kong ETF debut, the inflows are only a fraction of the selling from the U.S. ETFs. Could Bitcoin price revisit the $50,000 mark next?This post was originally published on this site
Binance Labs invests in layer-2 rollups protocol AltLayer
Binance Labs has invested in AltLayer, a decentralised Rollups-as-a-Service (RaaS) protocol. The collaboration is aimed at increasing overall access to app-tailored rollups across the Web3 ecosystem. Binance Labs, the venture capital arm and accelerator of leading crypto exchange Binance, has made a strategic investment in layer-2 scalability blockchain AltLayer. The investment will help the protocol […]
Bitcoin revisits $28.8k as crypto sees huge outflows
Bitcoin price fell to $28,800 across major exchanges as Ethereum hit lows near $1,800. Equities also showed signs of uncertainty with mixed trading recorded. Crypto investment products saw outflows totaling $107 million, the primary focus being BTC. Bitcoin traded near the $28,800 early afternoon on Monday as caution dictated overall sentiment across the market. Stocks […]
Crypto investment products hit 3-week streak of inflows
Bitcoin inflows over last week was $133 million, compared to Ethereum’s $2.9 million. Total inflows into crypto asset products was $136 million, with this the third consecutive week of inflows. Altcoins such as XRP, Solana, Polygon, Litecoin and Aave saw minor inflows. Inflows into crypto investment products was $136 million this past week as the […]
The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy
Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers […]
HashKey launches wealth management service, citing ‘significant’ demand
Hong Kong’s HashKey recently received a number of licenses from local regulators, allowing it to expand its range of products and services.This post was originally published on this site
Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins
Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys Another Batch of Bitcoins Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins […]