Institutions are accumulating Bitcoin like in Q4 2020

    Bitcoin reserves available on derivatives exchanges dropped to their lowest since May 11, before the start of miners’ crackdown in China and the following crypto price crash. That reflects institutions still accumulating crypto funds like in late 2020. According to data from CryptoQuant analytics service, confirmed that as of Tuesday, derivatives reserves reached 1.256 million…

    MakersPlace raises $30 million in venture funds, including Coinbase and Pantera Capital

    One of the original NFT marketplaces, MakersPlace, has announced a $30 million Series A round of venture financing on Aug 4, led by Bessemer Venture Partners and Pantera Capital. It also includes a number of backers from the venture arm of Coinbase and Sony Music Entertainment to many important persons in the worlds of sports,…

    KPMG study: Crypto and blockchain investments doubled 2020 value

    According to a new KPMG report, cryptocurrency and blockchain investments continue to grow thanks to ever-rising investor interest and have already doubled the value since 2020. Investors now have a better understanding of crypto assets and the operational and procedural side of crypto, a report claims. The study, titled “Pulse of Fintech H1 2021,” covers…

    Crypto entrepreneur in his 16 launches Y Coin with the more democratic governance

    Meet Youssof Altoukhi, a very young entrepreneur who has launched his own coin ‘Y Coin,’ intending to set a template on how to democratize decision-making when launching a project or token. Grew up in London, Youssof, in his 16, has had a surprising various entrepreneur practice. His first move into business involved selling products to…

    JPMorgan silently offers crypto investments despite its CEO anti-crypto attitude

    As CNBC reported, global investment bank JPMorgan has silently begun giving its wealth management clients access to six cryptocurrency investment funds, despite Jamie Dimon, CEO, continually advising against investing in cryptocurrencies like Bitcoin. JPMorgan Chase is now offering six cryptocurrency investment funds to clients, says CNBC citing people with knowledge of the move. The bank’s…

    Indian minister clarifies the status of cryptocurrency in the country

    India’s Ministry of Finance has clarified some questions concerning the status of cryptocurrency, crypto regulation, and crypto investor protection in the country. The minister also indicated that the recommendations in the draft bill proposed by the interministerial committee are still being considered. The Indian minister of finance, Shri Pankaj Chaudhary, answered Monday some questions about…