#investment News

Polychain Capital depostiing investment into Altonomy jar

Polychain Capital Leads $7 Million Seed Round for Trading Desk Altonomy

July 16, 2019 by Ashwath Balakrishnan at Business

Polychain Capital, founded by renowned cryptocurrency investor Olaf Carlson-Wee, has taken the lead on a $7 million investment round in Altonomy, a trading desk and market maker for digital assets, as per a press release, July 15, 2019. Polychain is a specialist VC and hedge fund that has attracted investment...

TokenMarket billboard green tokens coins

TokenMarket Security Token Offering Reaches Funding Goals in 48 Hours

July 14, 2019 by Edoardo Vecchio at Business

On July 12, digital asset crowdfunding platform TokenMarket announced that it's security token offering (STO), anticipated earlier this year, has reached its funding goal only after 48 hours from the opening. The token sale is set to close on July 22. Successful Round for TokenMarket TokenMarket, a digital asset crowdfunding...

Austria Flag Sword and scale warning sign

Austria’s FMA Warns Against Unlicensed Bitcoin Investment Scheme

July 11, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

The Austrian Financial Market Authority (FMA), the nation’s financial watchdog, has warned investors to be wary of Bitcoin Trader, an unlicensed bitcoin investment scheme that promises investors huge profits of $1,460, according to reports on July 10, 2019. FMA Warn Investors Per sources close to the matter, Austria’s financial watchdog,...

Gen Z kid with blue hair thinking about bitcoin and finding it to be very boring

Survey: Generation Z not that Crazy about Bitcoin

July 8, 2019 by Edoardo Vecchio at Bitcoin

According to a survey conducted by Business Insider, July 5, 2019, the majority of Generation Zers, the demographic cohort after the Millennials, is not very interested in purchasing cryptocurrency anytime soon. Generation Z snubs Cryptos Being born at a certain point in history can decisively influence one's own way...

Big Ben Made out of Sand with Coins Sticking out of Sand Box

UK to Limit Leverage for Retail Crypto CFD’s, Potential Ban in the Works

July 3, 2019 by Ashwath Balakrishnan at Regulation

As per an official document published by the UK's Financial Conduct Authority (FCA) has revealed that the UK will move to push measures that protect retail investors from magnified losses in a hyper-volatile cryptocurrency market, July 2, 2019. New Measures to be Enforced In December 2018, the FCA published a...

Mnan Rubbing Hands Together Next to Falling Coins

Henry Kravis of Private Equity Megafund KKR Invests in Crypto Hedge Fund

July 1, 2019 by Ashwath Balakrishnan at Blockchain

The co-founder of Kravis Kohlberg Roberts (KKR), Henry Kravis, has reportedly invested in an alternative fund focused on fintech and blockchain opportunities. Kravis joins a list of outspoken Silicon Valley investors who have defied traditional thinking and embraced the rise of innovation in distributed ledgers, as reported by Bloomberg, June...

Michael Novogratz Relishing in cryptocurrencies

Michael Novogratz Wishes He Sold More Bitcoin (BTC) 2019 High, But Parabolic Movements are Far From Over

June 28, 2019 by Ashwath Balakrishnan at Bitcoin, News

After bitcoin (BTC) topped out at $13,900, Michael Novogratz of Galaxy Digital revealed he sold a little but wishes he had sold a lot. In an article from Bloomberg, Novogratz is reported to have predicted a $7000-10,000 trading range for BTC, calling a $14,000 top a few days later owing to...

Imgur Secures $20 Million Funding from Coil to Expand its Platform

June 27, 2019 by Ogwu Osaemezu Emmanuel at Business

Imgur, an online image sharing community and image host with more than 300 million users, has secured $20 in funding from Coil, a blockchain-powered content monetization platform. The partnership will enable Imgur to expand its business and reward content creators with XRP, according to a press release on June 26,...

Bitcoin at the top of a mountain holding a red flag

Bull Run 2.0: This Time It’s Different

June 25, 2019 by Ashwath Balakrishnan at Bitcoin, News

Current price action is eerily similar to that of 2017, leading most people to believe that a similar boom and bust cycle is underway. In a news digest, Micky has highlighted key factors that set the coming market cycle apart from the last one, June 25, 2019. Dynamic of Fundamentals The...

BNP Paribas and Octopus Ventures Lead $16.5 Million Funding Round for Token Stablecoin Banking Startup

June 20, 2019 by Osato Avan-Nomayo at Adoption, Finance

Opera Tech Ventures, a subsidiary of BNP Paribas, and Octopus Ventures have led a $16.5 million funding round for Token, a stablecoin open banking platform. Token becomes the latest entrant in the expanding field of digital payment solutions utilizing elements of cryptocurrency and blockchain technology. Token Stablecoin Open Banking Platform...

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