Block.one, the company behind EOS cryptocurrency, is set to return as much as 6,567% to some of its early investors in a buyback project. According to a report by Bloomberg, EOS will defy the market and reward those who believed in it during its early days. The report comes at […]
Cryptocurrency prices have been battered this year, and that’s been the sole topic of interest, both for the enthusiasts and the skeptics. However, as the prices dropped, one business has boomed: crypto lending. While all the other startups in the crypto space were counting on prices hitting their former highs, […]
They came in plenty, some a little conservative and others outright ambitious. There were those who predicted that Bitcoin would hit $20,000 even before the year ended. Others went long term, predicting as high as $1 million in 2020. While the long-term predictions could still come to pass, those who […]
The race for the cryptocurrency custodial king is quickly heating up. Just days after Fidelity Investments announced that it would offer crypto security and storage services, BitGo has announced the closing of its Series B funding round. The startup offers crypto custody solutions through its BitGo Trust subsidiary. The $58.5 […]
At press time, the father of cryptocurrency has moved up from its recent drop and is trading for over $6,400. While this doesn’t compare with the oh-so-spectacular $6,500 range of roughly one and two weeks ago, the currency is making headway considering its recent – and frightening – drop to […]
Fidelity Investment has announced that it’s launching a cryptocurrency storage and trading platform. Dubbed Fidelity Digital Assets LLC, the new platform will cater mainly to institutional investors, offering custody solutions for digital assets, institutional advisory services and a crypto trading platform for its clients. Fidelity made the announcement today, October […]
At press time, the price of bitcoin is still refusing to budge, and remains solidly in the $6,500 range. The currency continues to move in a sideways motion, and there’s no telling when – or even if – bitcoin will do anything different in the coming weeks. Bitcoin bull and […]
At press time, bitcoin is trading for over $6,700. That’s roughly $400 more than where it’s stood over the past week, and many are wondering if a year-end bull run is at hand. Recently, the Securities and Exchange Commission (SEC) sought further industry help and commentary regarding the bitcoin ETF […]
Mike Novogratz is making a big bet on the role of cryptocurrencies in the near future. The billionaire investor has been one of the most fervent and bullish crypto believers despite the market’s unpredictability, especially in the last few months. And now, after patiently waiting for months, his crypto merchant […]
Mike Novogratz, a billionaire investor who formerly managed Fortress Investment Group and Goldman Sachs, is said to be investing hundreds of millions of dollars in emerging Bitcoin and crypto startups. Chasing Big Money This week, Business Insider reported that an insider within Mike Novogratz’s cryptocurrency company and investment firm Galaxy […]
Galaxy Digital, a $250 million investment firm headed by Mike Novogratz that is focused on cryptocurrencies, is very bullish on crypto these days. As a matter of fact, Novogratz recently claimed that the market is headed for the $20 trillion mark, and that is some very good news for investors. […]