Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3 concepts. Hashkey Capital’s Fund III to Focus on Web3, Emerging Markets and Crypto Solutions Amid […]

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Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS

Biden Vows to Veto House Republicans' 'Fair Tax Act' Proposing Elimination of IRSSeveral U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would challenge the funding granted to the U.S. tax agency in the previous year. Biden Administration Opposes Bill for Rescinding Funding for […]

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As US Inflation Skyrockets White House Blames Monopolies, Economist Calls for Price Controls

As US Inflation Skyrockets White House Blames Monopolies, Economist Calls for Price ControlsU.S. inflation is red hot and a number of analysts and economists are predicting America will face further economic issues as politicians and the Biden administration blame corporations. This perspective on rising inflation has led finance authors like Isabella Weber to believe that price controls could ease America’s economic burdens. Biden Administration Blames Inflation on […]

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White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin

White House Tech Advisor Tim Wu Keeps at Least $1 Million in BitcoinTim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows a recently filed financial disclosure. The antitrust expert, who is known as a prominent big tech critic, has in the past questioned the value of bitcoin. Top Biden Advisor Tim Wu Is a Bitcoin […]

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Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm’s Shares Down 30% Since Buying

Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm's Shares Down 30% Since BuyingEver since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would sell the bitcoin. Additionally, the shares of Microstrategy’s firm have also […]

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Tesla Has $1.5 Billion Worth of Bitcoin on Its Balance Sheet, Plans to Accept BTC for Products

Tesla Has $1.5 Billion Worth of Bitcoin on Its Balance Sheet, Plans to Accept BTC for ProductsThe publicly listed firm Tesla has announced in a Securities and Exchange Commission (SEC) Form 10-k filing that the company has purchased $1.5 billion worth of bitcoin. When the news broke, the price of the leading crypto asset jumped well over 15%, touching a new all-time price high at $44,899 per coin. Tesla, the American […]

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#NotDying4WallStreet – Twitter Trends Show People Are Fed Up With Wall Street, Banks and Oligarchs

'Not Dying 4 Wall Street' - Twitter Trends Show People Are Fed Up With Banks and OligarchsAs the coronavirus outbreak causes havoc to the world economy, the U.S. is trying to prepare for the onslaught of new cases. U.S. politicians crafted shelter-in-place orders in various states and shut down a decent fraction of American industries. Now politicians are penning an enormous bailout package and American citizens are fighting about whether or […]

The post #NotDying4WallStreet – Twitter Trends Show People Are Fed Up With Wall Street, Banks and Oligarchs appeared first on Bitcoin News.

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Large Corporations Joining The League of Blockchain and Crypto Investments

Analysts, media and even social media channels are ramping on over one common thought. That is the wider adoption or the maturity of the crypto blockchain sphere in the upcoming years.  This agreed notion is based upon several positive indicators. Governments over the globe have become fairly lenient in their regulatory box pertaining to cryptocurrencies. Germany and France being the latest additions to this list. Recently, China has also indicated positive sentiments towards blockchain investments.  The entire crypto industry has evolved in the past few years. The proof being the more mature versions like IEO and STO coming to light.

The post Large Corporations Joining The League of Blockchain and Crypto Investments appeared first on The Merkle Hash.

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Six Japanese Public Companies Plan to Launch Crypto Exchanges

Six Japanese Public Companies Plan to Launch Crypto ExchangesThis week, a number of companies listed on the Tokyo Stock Exchange revealed their plans to enter the crypto exchange business. They include one of the most popular budget-managing app operators, an entertainment conglomerate, one of the largest music labels, and a medical corporation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Money Forward […]

The post Six Japanese Public Companies Plan to Launch Crypto Exchanges appeared first on Bitcoin News.

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