fund

Apple gained the same value on Friday as Bitcoin’s entire market cap

Source Node: https://cryptoslate.com/apple-gained-the-same-value-on-friday-as-bitcoins-entire-market-cap/
Time Stamp: August 1, 2020 9:00 AM - Modified On: May 21, 2021 - Published By:
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While Bitcoin has rallied millions of percent since its launch in 2008, the asset remains relatively small on a macro scale. This much was made clear on Friday, Jul. 31, when the shares of Apple (AAPL) surged on the back of extremely strong revenue numbers.Apple stock surges 11% on Friday to gain more value than BTC’s market capAt a market capitalization of just over $200 billion, Bitcoin has reached a size where it is being noticed by Wall Street and Main Street alike. JPMorgan is now servicing cryptocurrency companies, blockchain is

Bitcoin Joins the Alt-Season Breaking $10k: The Crypto Weekly Market Update

Source Node: https://cryptopotato.com/bitcoin-joins-the-alt-season-breaking-10k-the-crypto-weekly-market-update/
Time Stamp: August 1, 2020 7:09 AM - Modified On: May 21, 2021 - Published By:
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This week was nothing short of exciting in the cryptocurrency markets. Bitcoin definitely woke up from its slumber and made a few aggressive moves upwards. Altcoins felt the pain as most of them decreased in value as the king of crypto took its toll.In seven short days, Bitcoin went from around $9,600 to $11,400, charting gains upwards of just shy of 20%. Earlier on Monday, the cryptocurrency catalyzed its performance, jumping from $9,800 to $11,200. After that, it consolidated for a few days, and just today, it painted fresh 2020

There’s More To Bitcoin’s Rally Than Just Inflation Fears

Source Node: https://medium.com/the-capital/theres-more-to-bitcoin-s-rally-than-just-inflation-fears-418c7b168753?source=rss-------8-----------------cryptocurrency
Time Stamp: August 1, 2020 12:15 AM - Modified On: May 21, 2021 - Published By:
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While some analysts are pointing to inflation fears to explain bitcoin’s recent rally, there are so many other factors at play that affect the cryptocurrency’s rise.Neil Johnston was a creature of habit, and it was one of the things which his wife of twenty-four years Dorothy, both loved and loathed about him. While Dorothy appreciated Neil’s dependability, she was wondering if things were getting a little stale.So naturally Dorothy grew a little worried when Neil, who would walk through the door almost like clockwork at 7 pm every evening for

Fear, Greed and the Evolution of Money in the Age of the Coronavirus Pandemic

Source Node: https://cointelegraph.com/news/fear-greed-and-the-evolution-of-money-in-the-age-of-the-coronavirus-pandemic
Time Stamp: April 9, 2020 4:24 AM - Modified On: May 21, 2021 - Published By:
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The COVID-19 pandemic is not going to end soon. Fear and anxiety have skyrocketed, and nearly half of the people in the United States feel the coronavirus has harmed their mental health. People are scared, anxious, depressed, on edge and struggling to sleep through the night.We watched as China took extreme measures to improve the coronavirus crisis there. We watched as Italy locked down the country and people scurried to other parts of Europe. We then watched as California Governor Gavin Newsom took early measures for the U.S. and locked

Chicago DeFi Alliance Launches to Save Decentralized Finance

Source Node: https://cointelegraph.com/news/chicago-defi-alliance-launches-to-save-decentralized-finance
Time Stamp: April 8, 2020 8:58 AM - Modified On: May 21, 2021 - Published By:
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Amid the apparent ongoing collapse in decentralized finance (DeFi) lending, a group of major trading and cryptocurrency companies in the United States are launching an alliance to support the sector.Introduced on April 7, the Chicago DeFi Alliance (CDA) aims to provide DeFi-focused startups and entrepreneurs with support and guidance in complying with trading regulations and other applicable requirements.Chicago DeFi Alliance to share its expertise to boost DeFi liquidity and marketsAccording to a blog post by crypto fund Volt Capital, a founding member the CDA initiative, the alliance also includes major

Jack Dorsey Donates 28% of His Wealth to Global COVID-19 Relief

Source Node: https://cointelegraph.com/news/jack-dorsey-donates-28-of-his-wealth-to-global-covid-19-relief
Time Stamp: April 7, 2020 5:30 PM - Modified On: May 21, 2021 - Published By:
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Twitter CEO and Square founder Jack Dorsey has started a new fund called Start Small LLC, aimed at fighting COVID-19. He’s seeding the fund with $1 billion, roughly 28% of his wealth. He shared the news via Twitter:Source: TwitterThe fund’s efforts will initially focus fighting the global pandemic currently dominating the news cycle, but will eventually switch to providing money for girl’s health, education and universal basic income (UBI) initiatives. Dorsey is really putting his money where his mouth is when it comes to taking action to improve the world:“I

Charities Are Turning to Bitcoin Amid the Global Fight Against Coronavirus

Source Node: https://cointelegraph.com/news/charities-are-turning-to-bitcoin-amid-the-global-fight-against-coronavirus
Time Stamp: April 6, 2020 2:41 PM - Modified On: May 21, 2021 - Published By:
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In the war against the novel coronavirus, cryptocurrencies are emerging as a much-needed tool for charity and fundraising projects. Already there are a number of large nonprofits accepting Bitcoin donations. Plus, some blockchain and crypto firms are contributing medical supplies to hospitals in an attempt to curb the virus, while others are setting up fundraisers and charities that are aimed at helping its victims.As a number of nonprofits continue to accept cryptocurrency donations, they are starting to realize that crypto transactions significantly reduce costs in terms of fees. Here are

Celsius Lists Libra Challenger for 9.9% Potential Interest

Source Node: https://cointelegraph.com/news/celsius-lists-libra-challenger-for-99-potential-interest
Time Stamp: April 6, 2020 11:00 AM - Modified On: May 21, 2021 - Published By:
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Crypto lending platform Celsius Network has listed startup Saga’s SGA stabilized asset, unlocking the potential for token holders to earn interest.  “Saga has partnered with leading cryptocurrency interest income platform, Celsius Network,” Saga founder Ido Sadeh Man told Cointelegraph.The collaboration and listing means “users can both preserve their assets’ value with SGA’s proven stabilization mechanism (the IMF's SDR, a basket of currencies designed to offset currency fluctuations), as well as earn attractive interest through the Celsius network,” Man explained. Saga does not call itself a "stablecoin"Although Saga touts SGA as a stable

Fund Flows to Crypto Companies Decline In 2019

Source Node: https://insidebitcoins.com/news/fund-flows-to-crypto-companies-decline-in-2019/256662
Time Stamp: April 6, 2020 9:39 AM - Modified On: May 21, 2021 - Published By:
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New funds in crypto companies have declined significantly in recent years, but the impact was much larger in 2019. Last year, crypto companies were busy buying each other but overall funding deals and mergers & acquisitions declined.PwC report reveals trendsAccording to a new report by PwC, the mergers & acquisitions in the sector were dominated by crypto companies themselves. Last year, 56% of the acquirers in the industry were crypto-natives themselves and rest came from outside. In 2018, these crypto natives buying each other constituted for only 42% of the