April Showers Could Blossom Return Of Bitcoin Bull Run This May
A storm monthly of April is now in the past, and although the forecast was looking glooming for Bitcoin for a while there, bulls are breaking through the clouds and it could blossom another bullish impulse higher. Here’s a closer look at the technical Indicator that suggests the top crypto is back to bull mode […]
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Blossom Capital, the London-based venture capital firm founded by Candice Lo, Imran Ghory, Mike Hudack, and Ophelia Brown plans to dedicate more funds to the growing cryptocurrency ecosystem. On January 18, Blossom announced a new fund worth $432 million, and a third of the capital will be distributed to early-stage crypto firms.
A Third of Blossom’s New $432 Million Fund to Bolster Crypto Companies
On Tuesday, Blossom Capital announced the creation of a new venture fund worth $432 million and according to the company, a third of the funds will be dedicated to digital....
Indonesian FinTech startups have attracted global venture capital giants, such as the Japan-based venture capital firm CyberAgent Ventures. Earlier this month, the firm announced that more than half of their new US$50 million fund will be dedicated to Indonesian startups. Steven Vanada, Vice President of the firm announced: “We are very bullish, especially on Indonesia. In the next few years, I think we will see a tipping point.” The VC fund will most likely focus on bitcoin startups like Blossom that utilizes an innovative technology such as the blockchain to solve problems of locals that....
People who invested their first stimulus check into Bitcoin in April 2020, would now have more than $10,000. A Twitter account named “$1200 Stimulus Is Now Worth” has been tracking how much the first US $1200 stimulus would be worth if you invested in Bitcoin when the funds were sent out from April 15, 2020. The passing of the first $1200 stimulus bill in April last year corresponded with a huge bull run in the cryptocurrency and stock markets. Bitcoin was sitting at $6,848 on April 15, and if you had invested the $1200 stimulus then it would now be worth $10,211 at today's prices of....
As Bitcoin touches $55k today, CME’s futures premium has reached highs not seen since April. This could hint at a Q4 bull run for Bitcoin. CME’s Annualized Basis On The Front-Month Contract Reaches Highs Not Seen Since April As per the latest report from Arcane Research, premium on CME’s annualized basis on the front-month contract […]
CoinTelegraph spoke with Matthew J. Martin on why Bitcoin is better for financial services companies that want to attract Muslim clients and offer “sharia-based” financial products. Matthew J. Martin is the founder of the startup Blossom Finance that uses Bitcoin to help Muslims with Islamic financial law. Blossom Finance, is a microfinance firm based in Indonesia. The company collects capital from investors all around the world and forwards the funds to microfinance institutions for investments. After an annual cycle the company distributes profits back to investors. With Bitcoin, Martin....