Does motion equal progress? It was a strong start to the week, one that saw bitcoin and the rest of the cryptocurrency markets with positive gains across the board. The problem is that the gains merely offset a prior price retreat, leaving the coins in relatively the same position.
Thursday’s price retreat has turned into Friday’s price rally in the cryptocurrency markets, as investors looked to scoop up some bargains.
At mid-morning, bitcoin was at the $6,200 per single coin level, up a little more than one percent over yesterday. Although it was a minor bump,
2018 has already been another stellar year for blockchain and cryptocurrencies investing. After seeing more than $3.8 billion in blockchain investments in 2017, the space has already experienced a three-fold increase this year, reaching $11.9 billion raised by the end of the second quarter.
Distributed ledger technology and virtual currencies pose both challenges and opportunities to current models of investing and capital formation,
According to Bloomberg, Binance has acquired a 5 percent stake,
The temporary respite in plunging cryptocurrency prices proved to be just that – temporary. At mid-morning, all of the top ten coins were in red arrows.
Bitcoin was at the $6,200 mark, down 3.5 percent over the last 24 hours. The rest of the top ten coins followed,
The price plunges of Tuesday have found an apparent floor this morning, as yesterday’s sell-off has halted in the top ten coins.
At mid-morning, bitcoin sat at the $6,400 level, up percentage points over the past 24 hours after a steep drop. It was a mixed bag elsewhere in the top ten,
Venture capital firm Lightspeed Venture Partners is planning to invest in cryptocurrency startups after raising $1.8 billion.
Funded in October 2000, Lightspeed Venture Partners is a venture capital firm focusing on early stage investments in the enterprise technology and consumer space.
Look out, below. A day after optimism reigned o’er the cryptocurrency world, hopes came crashing back to earth, as red arrows dominated the top ten coins.
As of mid-morning, bitcoin was down to the $6,300 level, a loss of nearly six percent off of Monday’s high.
Blockchain startup Oasis Labs has raised $45 million in its first round of funding led by Andreessen Horowitz’s new A16z crypto fund. Other investors included Accel, Binance, DCVC (Data Collective), Electric Capital, Foundation Capital, Gaorong, Metastable, Pantera, Polychain, among others.
Oasis Labs is building a privacy-first,
Black Insurance is a blockchain-based digital insurance company that allows token holders to invest directly into insurance risk. The company intends to become a licensed insuer and enable the underwriting of new insurance policies via insurance syndicates akin to the Lloyd’s market.