Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures

The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help and monitor other blockchains. Crypto Metrics Provider […]

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XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion Coins

XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion CoinsCrypto traders and speculators have been discussing the digital currency XRP (ripple) lately because the price has been stagnant compared to other digital assets. Some venture capitalists and analysts plan to short XRP, while other speculators believe the crypto is poised for a price jump in the future. Additionally, crypto enthusiasts have been discussing Ripple […]

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The Daily: Security Startup Raises $30M, Crypto Used to Fight Plastic Pollution

The Daily: Security Startup Raises $30M, Crypto Used to Fight Plastic PollutionIn today’s edition of The Daily, we focus on an Israeli crypto security startup that has raised $30 million in funding from a number of notable companies. We also look at how tokens are being used to clean up the environment, as well as efforts by major auditing firms to service clients in the cryptocurrency […]

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Cryptocurrency Hedge Fund Multicoin Capital Remains Bullish on Ethereum and EOS

Declining cryptocurrency prices make a lot of people uneasy, for obvious reasons. This is especially troublesome where the many cryptocurrency hedge funds are concerned. Even so, there is room for optimism. According to Multicoin Capital, both Ethereum and EOS are still in good places, whereas XRP and Litecoin may face more struggles. Multicoin Capital Remains […]

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Another Cryptocurrency Hedge Fund Attracts VC Funding

Even though the current market momentum might not warrant any excitement, cryptocurrency hedge funds are still quite popular. Union Square Ventures has recently made a strategic investment in Multicoin Capital. This relatively new crypto hedge fund has attracted a lot of attention of late. The Appeal of Multicoin Capital As the name of this hedge […]

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Cryptocurrency Hedge Funds Experience Poor Performance and Shutterings

Cryptocurrency Hedge Funds Witness Poor Performance and ShutteringsThe violent crypto bear trend of 2018 has proved too much for many cryptocurrency hedge funds. The average performance of crypto funds has been a loss of over 20% so far this year, with at least nine crypto hedge funds having been reported to have ceased operations. Also Read: Markets Update: Cryptocurrency Prices See Some Slight […]

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Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target

Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter-Billion TargetWith bitcoin hovering at around only $9,000 and the entire cryptocurrency market at similar low levels, short term speculators are acting as if a great calamity is upon us. Long term investors on the other hand are just entering the ecosystem now and building up a portfolio of assets that offer growth opportunities uncorrelated to […]

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The 65 Percent Price Dip Has Made ‘Bitcoin Whales’ A lot More BTC

The 65 Percent Price Dip Has Made 'Bitcoin Whales' A lot More BTCLast year bitcoin had a phenomenal run leading up to its all-time high of $19,600 per BTC this past mid-December. The price over the past few weeks had since dipped to a low of $5,900 on Monday, February 5, losing close to 65 percent of its value in a short period. The dip has ‘rekt’ […]

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Analyst: IOTA Sharply Overvalued Due to “Overwhelming Evidence of Serious Flaws”

Analyst: IOTA Sharply Overvalued Due to “Overwhelming Evidence of Serious Flaws”Analysts have found that IOTA is trading well above any real value it might have. The project is said to have no real product market fit and the network is centralized and unstable. Additionally, the approach taken by the IOTA team, like knowingly allowing critical vulnerabilities to exist in the software, presents many reasons to be […]

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