Venture Capitalists and Bitcoin Companies React to Apple's Blockchain Ban
News that Apple had pulled the Blockchain.info app from its App Store broke in the early hours of this morning (UK-time) and the short-term effect seemed to be a dip in the price of bitcoin. At midnight (GMT), the price was $822. Some 15 minutes later, Blockchain tweeted its response to Apple's decision and, over the course of the next hour, the bitcoin price fell to $793. By 08:30, the price had fallen to $783.04, the lowest it has been since 2nd January. At the time of writing, the price is back up to $802, but this is still 8% lower than yesterday's high of $874. Jeremy Allaire, CEO of....
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Bitcoin Industry Venture Capitalists Shift Focus to Non-Financial Applications and Ethereum Startups
Last year, Bitcoin and blockchain-related startups raised over $1 billion in total investment, a massive increase from the $347 million invested in the space in 2014, according to a report by Inside Bitcoins. Companies such as 21 inc and Coinbase rasied $116 million and $75 million, respectively, dwarfing the relative investment into the early days of the Internet. Major companies such as American Express, Deloitte, Goldman Sachs, MasterCard and the New York Stock Exchange have invested millions into Bitcoin technology firms recently. Many banks are also getting on board and investing into....
All the deals, trends, moves and investments in Q1 2022 across the blockchain landscape, brought to you by Cointelegraph Research. The first quarter of 2022 saw unprecedented growth in terms of venture capital activity in different blockchain sectors. In 2021, venture capitalists poured in over $30 billion into infrastructure, nonfungible tokens (NFTs), decentralized finance (DeFi), centralized finance (CeFi) and Web3. That set the bar pretty high if 2022 was going to beat it. In the first quarter of 2022, capital inflows from venture capitalists were over $14.6 billion, or around 48% of....
The Consultancy report also mentions how blockchain technology adoption is subject to far more mental barriers compared to other offerings in the FinTech sector. The year 2015 has been a particularly good one for Bitcoin startups all over the world, as a lot of money was raised over the course of 12 months. A recent report by Consultancy in the Netherlands shows how FinTech, in general, has been booming last year, with close to US$19 bn invested in total. What is of particular interest is the US$474m venture capitalists put into Bitcoin and blockchain startups. After the significant growth....
Erthas’ metaverse, built on Binance smart chain, has just concluded a seed funding round. The project has garnered interest from the venture capitals and ended with an oversubscribed seed round which was considered an excellent achievement for the projects’ fundamentals. Ertha has collected funding from 4 venture capitalists. Investors backed the project seed funding round: […]
Ertha’s metaverse, built on Binance smart chain, has just concluded a seed funding round. The project has garnered interest from the venture capitals and ended with an oversubscribed seed round which was considered an excellent achievement for the projects’ fundamentals.
Ertha has collected funding from 4 venture capitalists. Investors who backed the project seed funding round:
Mars4
Terranova
X21
Momentum 6
NFTs have been gaining a lot of attention over the current year and have attracted investments....