Crypto Biz: Crypto VC is back with a vengeance
Venture capital firms continue to pour billions into the crypto economy; this week saw the launch of two funds worth a combined $500 million. You’ve no doubt heard the expression, follow the money. Well, if you do that in the venture capital world, you’ll be led directly to crypto, blockchain and digital assets. After a modest summertime lull in venture financing, this week saw the announcement of two massive raises worth a combined $500 million. That’s $500 million VCs are allocating to crypto-focused startups at the intersection of Web3, blockchain infrastructure and decentralized....
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During the first few days of June, 4th and 5th to be exact, Miami will witness history. The “Bitcoin 2021” conference doesn’t only comes back with a vengeance after the 2020 cancelation, it’s one of the first massive post-COVID events that the world will see. All eyes are on them. Plus, it comes in the […]
Crypto market sentiment has taken a dramatic turn in light of events taking place in the space. The Fear & Greed Index which tracks sentiment across a number of metrics and puts the data into four categories has shown that investor sentiment has taken another nosedive. This time, plunging the market back into the extreme fear territory, signaling the return of market sell-offs. Investors Are Losing Faith After spending a long stretch of time in the greed territory last year, the Fear & Greed Index had moved back into the fear territory following major crashes towards the end of the year.....
John Biggs has a writing problem. It's terrible. I too know manias. I see them most often among writers who have a mania for writing even when they have nothing to say. Such is the case with John Biggs' recent Bitcoin's Image Problem. First off, Bitcoin's image problem is evident to anyone watching the mainstream media's portrayal of BTC as the domain of drug dealers and terrorists, despite all the evidence to the contrary. Bitcoin's image problem is one fabricated by writers like Mr. Biggs. But let's look at his obvious blunders. Writing students, pay attention. He claims "Its followers....
With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from significant financial hardships stemming from the Ukraine-Russia war, and just recently the Kremlin disrupted the European Union’s main gas supplies. Now members of the European Commission and G7 finance ministers are attempting to implement price caps on crude oil and electricity. Axios Editorial Claims Price Control Ideas Are Being Taken up by ‘Influential Economic....
It’s Ethereum time to shine. The smart contracts pioneer is doing so well lately that the flippening narrative returned. With a vengeance. The flippening refers to the hypothetical time when ETH’s market capitalization surpasses that of BTC. Will that ever happen? Can Ethereum dethrone Bitcoin and become the king of the crypto space? And if […]