US Bitcoin reserve could slash national debt 35% by 2049: VanEck

The Shanghai Stock Exchange (SSE) and Insurance Asset Management Association of China (IAMAC) have agreed to cooperate on improving the insurance and pension industries with the use of blockchain tech. China Securities Journal newspaper reported on the partnership Monday, August 20. China Securities Journal wrote that the SSE, the world’s fourth largest stock exchange, was…

Blockchain cloud computing platform Oasis Labs announced a partnership with major names in crypto and venture capital to launch a blockchain tech hub called the Oasis Startup Hub, the firm announced at San Francisco Blockchain Week October 8.According to the company’s press release, the Oasis Startup Hub aims to create an ecosystem for blockchain developers,…

Bitcoin (BTC) only rallying 3% this week is proof that investors should sell it, according to the latest conclusions from gold bug Peter Schiff.In a tweet on March 4, the outspoken crypto critic claimed that Bitcoin should have taken advantage of volatility in traditional markets. Schiff on BTC: “Look out below!”Despite reclaiming $8,800 since the weekend,…

Crypto traders are pointing to the M2 money supply turning positive as a bullish signal for Bitcoin.

Montreal-based digital asset custodian Knøx has secured $8.25 million in a seed round to support its crypto custody service for institutional customers and fiduciaries.The funding round was led by San Francisco-based venture capital firm Initialized Capital, with the participation of financial services giant Fidelity and venture firm iNovia, Canadian technology-focused news outlet BetaKit reported on…

Samsung Securities, Mirae Asset Securities and Shinhan Financial Investment are among the financial heavyweights in talks with the government to create the exchange. 147 Total views 8 Total shares Samsung Securities is among seven large South Korean securities companies that have applied for government approval to create a virtual assets exchange, according to a report…

A frenetic day of trading on Coinbase Pro saw unusual activity from what seems to be an early investor in Compound, which briefly hit $427. 384 Total views 4 Total shares The rapid growth in the price of so-called decentralized finance (DeFi) tokens is raising fresh suspicions after one altcoin hit $427.In a curious sequence…

Bitcoin (BTC) mining behemoth Bitmain is now valued at $15 billion after closing a pre-Initial Public Offering (IPO) funding round with backing from high-profile investors, QQ News reported August 4. The fresh financing deal, which is said to have closed on Saturday, notably includes investments from Chinese tech conglomerate Tencent and Japan’s Softbank, another tech…

Filings reveal the massive amount of assets that crypto venture funds are managing, Andreessen Horowitz’s (a16z) crypto funds were also disclosed to be worth around $9 billion. 240 Total views 29 Total shares Venture capital (VC) firms focused on Web3 projects and crypto businesses are accumulating billions of dollars worth of assets under management as…