Venture Capitalist Bill Gurley Takes Personal Position In Ethereum, Here’s Why
Investing in Ethereum seems to be top of mind for prominent members of the finance community. The increasing use cases of the Ethereum network have brought some significant names into its camp. The latest on the list though is venture Capitalist Bill Gurley. Gurley is a general partner at Benchmark, which is a Silicon Valley venture capital firm that is based in Menlo Park, California. Gurley has been listed consistently on the Forbes Midas List, while simultaneously being considered one of the technology’s top dealmakers. Related Reading | You Can Now Use Your .COM Domain As An....
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Venture capitalist Bill Gurley has taken a personal position in ether because he “was swayed by the arguments of the ethereum crowd.” He explained that it is “the smarter way to play if you’re going to have crypto exposure.”
Bill Gurley Prefers Ethereum to Bitcoin
Bill Gurley, a general partner at Benchmark, a Silicon Valley venture capital firm in San Francisco, California, shared his view on cryptocurrency in an interview with Bloomberg last week.
He began by admitting that he is late getting into crypto because he was focusing on....
Crypto predictions are on the rise with the recent bull run that saw the price of bitcoin surge past $50,000 again. Now, Market analyst Mike McGlone lays out the path of Bitcoin and Ethereum hitting new highs that would see them both at least go up 100% from their current price points. In the most recent release of the Bloomberg Indices Outlook Crypto, McGlone puts bitcoin on course for $100,000 and Ethereum at $5,000. Related Reading | Venture Capitalist Bill Gurley Takes Personal Position In Ethereum, Here’s Why This comes from a revived bull market that began as the second quarter....
Crypto has made its way into pretty much every major industry. So it comes as no surprise that it has evidently made its way into Hollywood. Now, the stars are announcing their investments in crypto. The gains that crypto brings cannot be overestimated and even the rich and famous do not want to miss out on it. Recently, A-list actress Reese Witherspoon took to Twitter to announce her entrance into the crypto world. The two-time Oscar and eight-time Golden Globes award winner revealed that she had made her first-ever purchase, which was Ethereum. Related Reading | Bitcoin At $100,000,....
The appointment of South Africa’s Llew Claasen as the new Executive Director of the Bitcoin Foundation has been announced at the Blockchain Training Conference / DEVCORE in Canada. Claasen is a venture capitalist and Managing Partner at Newtown Partners in Cape Town, and takes over from Bruce Fenton effective July 1. Llew Claasen is a technology startup go-to-market strategist with expertise in designing, building, merchandising and marketing online and mobile software products and services (B2B, B2C, B2B2C). Fenton says: “After an extensive search, I'm happy to say that the Bitcoin....
American entrepreneur and venture capitalist Tim Draper has invested in Indian cryptocurrency exchange Unocoin despite regulatory uncertainty and reports of a possible crypto ban in India. Unocoin has seen the number of new users grow 10-fold since the supreme court quashed the banking restriction by the central bank. Investments Flow Into Crypto Sector in India The cryptocurrency sector in India continues to attract global investors as the government continues to deliberate on how cryptocurrencies will be treated in the country. The latest round of investments went into Unocoin, one of....