The Daily: Bakkt Won’t Offer Leverage, Congresswoman Holds Crypto

The Daily: Bakkt Won't Offer Leverage, Congresswoman Holds CryptoIn today’s edition of Bitcoin in Brief we cover stories about Intercontinental Exchange’s crypto trading platform Bakkt, which won’t be offering leverage or margin trading, and a US politician who has revealed she’s bought a couple of cryptocurrencies. Also Read: Researcher: Stop Worrying About Bitcoin’s Environmental Impact Bakkt Won’t Offer Leverage Bakkt, the recently-announced subsidiary of […]

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Renowned Investor Tom Lee Optimistic on Blockchain, Particularly for Finance and Gaming

Tom Lee is the co-founder and managing partner at Fundstrat Global Advisors. A highly successful research analyst, he often appears on CNBC as an expert on cryptocurrency. Prior to Fundstrat, Lee served as Chief Equity Strategist at JP Morgan. Lee has been ranked #1, #2, or #3 in Institutional Investor magazine’s analyst rankings every year from 1998 […]

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Pantera Capital Raises $71M for Its Crypto Fund, Targeting $175M

Pantera Capital has raised $71.4 million for its third crypto venture fund, a filing with the US Securities and Exchange Commission has revealed. The filing, which was submitted on August 15, indicated that Pantera received money from 90 investors for the new fund. This is its third crypto-focused fund and by far its biggest, with […]

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Pantera Capital Already Raises Over $70 Million for Its Third Crypto Fund

Pantera Capital Already Raises Over $70 Million for Its Third Crypto FundPantera Capital, one of the largest US-based institutional holders of cryptocurrencies, has already raised more than $70 million for its third crypto fund. And the first investment by Pantera Venture Fund III went to Intercontinental Exchange’s Bakkt. Also Read: The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID $175 Million Crypto […]

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Bitcoin Price Watch: Currency Slinks Back a Bit Following Coinbase CEO Warning

Bitcoin – the world’s largest cryptocurrency by market cap – is now trading for just shy of $6,400 at press time. This is a little over $100 less than where it stood 24 hours ago. Bitcoin is likely scaling back a bit following some harsh comments from Coinbase CEO Brian Armstrong. As the head of […]

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Bitcoin Price Watch: Currency Dives Deeper in the Red

At press time, the father of crypto has sunk deeper into oblivion and is now trading for just over $6,900. This is a $600 drop from yesterday’s price, which leaves many investors and enthusiasts worrying about the future of crypto. Is bitcoin about to disappear for good? All the currency’s gains over the last two […]

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Crypto Price Watch: Most Major Currencies in the Red as Market Stumbles

Bitcoin (BTC) At press time, bitcoin is trading for about $7,485. This is roughly $60 less than where it stood 24 hours ago. Wall Street player Goldman Sachs explains that bitcoin’s recovery was a fluke; that the currency will never dominate the financial infrastructure, and future declines are expected. On the contrary, new payment company […]

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Bitcoin Price Watch: Currency Continues to Suffer Substantial Losses

At press time, the father of cryptocurrency has fallen by another $60+ and is trading for about $7,485. This is another massive fall from yesterday’s $7,550, which in turn was a drop from the $8,000+ the currency was enjoying all last week. Overall, things are not looking great for bitcoin. Wall Street player Goldman Sachs […]

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