Luno Launches Venture Fund to Invest in Over 200 Crypto and Fintech Startups per Year

Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over 200 Startups per Year One of Africa’s pioneering cryptocurrency exchanges, Luno, recently announced […]

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Luno CEO: ‘Industry Accelerated a Lot Faster This Year Than We Anticipated’

The pace of the crypto industry’s acceleration in 2021 has surprised many, including Marcus Swanepoel, CEO of cryptocurrency exchange Luno. Swanepoel recently remarked: “We knew it was coming, but just not that fast, particularly in certain subsectors like NFTs and some altcoins.” Subsectors at ‘Top of Their Hype Cycle’ The acceleration of the crypto industry […]

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Crypto Exchange Luno Says South Africa’s Crypto Trading Dominated by Young People

Crypto Exchange Luno Says South Africa's Crypto Trading Dominated by Young PeopleLuno, one of Africa’s pioneering crypto exchanges, has revealed that South Africa’s cryptocurrency trading is largely dominated by young people with those under the age of 29 accounting for 40% of transactions. The exchange, which claims to have added nearly a million new South African customers in 2020, also reveals that “around 65% of Luno’s […]

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Market Update: Bitcoin Price Hits New All-Time High Over $20k

Market Update: Bitcoin Price Hits New All-Time Price High Over $20kThe price of bitcoin surpassed its all-time high touching $20,800 on Wednesday morning (EST). At the time of publication, the crypto asset is up over 6% during the last 24 hours with a whopping $380 billion market capitalization. Bitcoin has touched a two-week high reaching $20,800 per coin on Wednesday, December 16, 2020. The price […]

The post Market Update: Bitcoin Price Hits New All-Time High Over $20k appeared first on Bitcoin News.

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Mike Novogratz: Everyone Should Put 2% to 3% of Their Net Worth in Bitcoin

Mike Novogratz: Everyone Should Put 2% to 3% of Their Net Worth in BitcoinBitcoin bull and Galaxy Digital CEO, Mike Novogratz, says bitcoin is for everyone. He argues that those committing 2% to 3% of their net worth to this digital asset today will see substantial gains in five years. Novogratz adds that while bitcoin remains a volatile asset he does not expect its price to drop to […]

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Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B

Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged positions were liquidated in the last 24 hours. […]

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Bitcoin Price Watch: Currency Falls to Its Lowest Point in A Year

Boy, oh boy… Where do we even begin? The father of cryptocurrency is in a terrible state. After falling to $6,200 from its recent “high” of $6,500, bitcoin’s price has taken a major turn for the worse. At the time of writing, the currency has dropped down to approximately $5,500 – its lowest point since […]

The post Bitcoin Price Watch: Currency Falls to Its Lowest Point in A Year appeared first on NullTX.

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