Category: Investments
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Bitcoin market “looks like 2016,” says crypto fund Grayscale
The Bitcoin bull run in 2020 has sent ripples (no puns) across the crypto space with market observers calling for the asset to eventually reach all-time highs later this year. And if one prominent firm is considered — the run is just getting started. Bitcoin “looks like 2016” Grayscale Investments, the institutional cryptocurrency fund, said…
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Grayscale: Bitcoin Market ‘Looks Like 2016, Before Historic Bull Run’
Grayscale notes that long term holders are increasingly dominating the Bitcoin markets over short-term speculators, driving demand relative to supply.
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Pomp’s Morgan Creek Leads $50M Investment in Crypto Lender BlockFi
BlockFi’s Bitcoin reward card is inching forward.
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21Shares Has Added Over 160% to Its Managed Crypto Funds in 2020
The crypto rally of 2020 is not the biggest reason for 21Shares’ growth.
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Investor Jim Rogers Warned of the ‘Worst Economic Downturn’ of His Lifetime
The trillion dollar bailout will not end well.
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Pantera Capital Has Raised 3x More This Year Than It Did in 2019
But that’s still less than it raised in 2018.
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Pomp Thinks BTC’s Market Cap Will Exceed Gold’s in Less Than a Decade
That would give Bitcoin a market cap of at least $9 trillion dollars.
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The Importance of Developing the Decentralized Finance Space
Developing the DeFi space is perhaps the most important task that lies ahead for the crypto community in the coming years.