Multicoin Capital and Intel Capital have led a $ 3.6 million seed round for blockchain API startup, dfuse.
CoinDesk
How to Invest in Cryptocurrency Without Worrying About Volatility
Seeing the value of your portfolio fluctuating can keep you up at night or push you to sell when prices are low, especially in a fast moving market like cryptocurrency. Luckily, there are ways to mitigate that.
Also Read: Bitcoin Cash Development Fund Receives Massive Support
How to Use Bitcoin to Invest in Gold
Gold and bitcoin enjoy a curious relationship. On the one hand, there is a significant crossover between investors in both, particularly from libertarians who don’t trust the U.S. dollar. But on the other hand, initiatives such as #DropGold have sought to position bitcoin as a more portable, divisible and scarcer form of gold. Can bitcoin and gold co-exist, or does the supremacy of the one threaten the other?
Also read: Electron Cash Users Can Now Send Bitcoin Cash to Mobile Phones
Facebook Reportedly Courting VCs to Invest up to $1 Billion in New Cryptocurrency
Last February, the New York Times reported that Facebook’s (FB) cryptocurrency development is far enough along that it was already holding conversations with exchanges about “selling [the coin] to consumers.” According to four individuals familiar with the matter, Facebook told the exchanges that it is hoping to release the crypto product in the first half […]
SludgeFeed
a16z and Polychain Invest $25 Million in Celo Gold Tokens
Andreessen Horowitz’s crypto fund and Polychain Capital have reportedly made an investment in cryptocurrency payment startup Celo, adding to the already impressive list of backers that includes Jack Dorsey, Reid Hoffman and Arianna Simpson. According to the announcement, a16z crypto has purchased $ 15 million worth of Celo Gold and Polychain Capital has purchased $ 10 million, […]
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Drake and Marissa Mayer Invest in Esports Betting Startup Players’ Lounge
Rap music legend Drake has joined up with former Yahoo CEO Marissa Mayer to invest in Players’ Lounge, an amateur esports betting site based out of New York City. We’re building something big. https://t.co/iMTTdDvfP0 — Austin | Players’ Lounge (@wooldynasty) March 28, 2019 According to the announcement, Players’ Lounge has closed a $ 3 million seed round […]
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Pantera Predicts Institutions to Invest in Crypto After Next Bull Trend is Established
Dan Morehead, the chief executive officer of Pantera Capital, recently discussed the cryptocurrency bear trend on an episode of the Unconfirmed podcast. Morehead argued that the crypto sector has much more robust fundamentals than it did during the previous bear trend, asserting that the industry has developed the infrastructure necessary in order to attract institutional investors. The company has also raised $ 130 million for a third venture fund.
Also Read: Kenyan Crypto Adoption and Trading Grows Despite Warnings from Regulators
ETF Filed With SEC to Invest in Bitcoin Futures, Bonds, and Mutual Funds
A registration statement for a new exchange-traded fund (ETF) that will invest in bitcoin futures among other traditional investments has been filed with the U.S. Securities and Exchange Commission (SEC). The fund’s portfolio will include bitcoin futures traded on the Cboe Futures Exchange and the Chicago Mercantile Exchange as well as sovereign debts and money market mutual funds.
Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
Algo Capital to invest $100M in promising firms created on Algorand Platform
Blockchain-centered venture capital group Algo Capital has launched a $ 100 million fund to invest and manage considerable capital in rising disruptors built on the Algorand decentralized platform over the course of next 10 years, according to a press release CoinReport received from Wachsman, Algo C…
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Circle Invest: Recurring Trade Volume Has Doubled Since September
Circle Invest, the retail crypto trading platform for Circle, has reportedly seen significant growth in the total volume of recurring trades on the platform, as well as other key metrics. According to a recently published year-end report, more than 30% of all purchases on Circle Invest are recurring, and recurring trade volume has doubled since September. […]
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Bitcoin is a ‘Black Box’ so I Won’t Invest in it: Analyst Gary Shilling
Renowned investor Gary Shilling believes Bitcoin is a black box. And he prefers to stay away from it. Speaking to Business Insider, the American financial analyst admitted that the digital currency is too opaque and complicated for him to invest in — and he will not invest in anything that he does not fully understand.
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[Guest Post] Major Issues Canadians Face when trying to Invest in Crypto
![[Guest Post] Major Issues Canadians Face when trying to Invest in Crypto](http://digitalmoneytimes.com/wp-content/uploads/2018/12/CoinSmart-co-founder-CEO-Justin-Hartzman.jpg "CoinSmart co-founder & CEO Justin Hartzman")
by Justin Hartzman Canada is emerging as a leader in the world of cryptocurrency. With crypto exchanges popping up in each major city, it is undeniable that Canadians are starting to embrace this new technology. However, there are two major hurdles facing interested investors when it comes to crypto…
The post [Guest Post] Major Issues Canadians Face when trying to Invest in Crypto appeared first on CoinReport.
Pro-Crypto French MPs Want to Invest 500 Million Euros to Make France ‘Blockchain Nation’
Two pro-crypto members of the French Parliament (Parlement français) want the country to invest up to 500 million euros in blockchain programs to elevate France as a “blockchain nation.” Deputies Jean-Michel Mis and Laure de La Raudière released a report on Dec. 12 outlining 20 proposals to support the development and mainstream adoption of blockchain,
The post Pro-Crypto French MPs Want to Invest 500 Million Euros to Make France ‘Blockchain Nation’ appeared first on CCN
Crypto Trading App Circle Invest Lists BCH Offshoot Bitcoin SV
Circle’s Invest app now providers users the ability to buy Bitcoin SV (BSV), according to a tweet from the company this morning. CCN verified that BSV is available in the application as of its latest version. The application has over 50,000 installations on the Google Play store, making it significantly less popular than Coinbase, which
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DCG Launches New VC Firm to Invest in Decentraland (MANA) Startups
Digital Currency Group, an investment firm focused on the digital currency industry, has announced the creation of Metaverse Ventures, a new VC fund focused entirely on startups building in the Decentraland (MANA) blockchain VR ecosystem. We are thrilled to announce @Metaverse_VC, a @DCGco company fueling the development of @decentraland! If you are building products for the decentralized metaverse, […]
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Mainstream: $7.2 Trillion Asset Manager Fidelity Will Help Customers Invest in Bitcoin
One of the biggest names in financial services wants to help institutional investors add bitcoin and other cryptocurrency assets to their multi-billion dollar portfolios. Citing proven institutional demand for cryptocurrency products, Fidelity Investments, the fifth-largest asset manager in the world with 27 million clients and $ 7.2 trillion in customer assets, has announced that it will
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New Venture Capital Fund Secures $100M to Invest in Crypto Startups
Dragonfly Capital Partners, a new crypto-focused venture capital firm, has announced the launch of its first $ 100 million fund dedicated to investments in crypto assets. Its investors include Okex, Bitmain and other well-known names in the industry.
Also Read: Exchanges Roundup: Coinbase Volumes Hit 1-Year Low, UK Exchange to Fire Most Staff
Meet Dragonfly Capital Partners
Dragonfly promises to invest in three types of assets: crypto-native funds, “pick-and-shovel” tech startups and decentralized protocols and applications. It launches with a portfolio of more than 20 investments, including cryptofunds and asset managers, the stablecoin Basis, Spacemesh and Oasis Labs.
Yale University Said to Invest in $400 Million Paradigm Crypto Fund
Has Yale University just plunged into the turbulent waters of the cryptocurrency markets? A new Bloomberg report suggests it has.
CoinDesk
Abra Now Lets You Invest in a Cryptocurrency Index Fund Token
Cryptocurrency wallet and exchange Abra have unveiled their collaboration with Bitwise Asset Management, allowing Abra customers to invest in a cryptocurrency token that tracks Bitwise’s large-cap crypto index. Abra, Asset Manager Collaborate on Cryptocurrency Index Token Users of the Abra app now have the ability to buy and sell the Bitwise 10 Crypto Index Token
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Expert: Banks are Enthusiastic Towards Crypto, Waiting for Regulators to Invest
According to Rebecca Harding, a financial journalist and the acclaimed author of “The Weaponization of Trade: the Great Unbalancing of policy and economics,” major financial institutions are waiting to invest in the crypto market. Harding, who operates as the CEO of Coriolis Technologies, a trade technology company that provides services to major banks and corporations
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