US government will not buy Bitcoin in 2025 — Galaxy Research

"A multitude of expansion factors curated at the [VC] group level" helps startups get traction, says Tony Cheng of Foresight Ventures. 116 Total views 1 Total shares When bringing a new crypto to market, the fastest way to do so is arguably with the help of venture capital (VC) financing. But such a high-risk, high-reward…

Who would have thought that a small country in the Caucasus Mountains could become one of the world’s leaders in cryptocurrency mining?Despite its small size and population, Georgia has become a popular spot for cryptocurrency mining thanks to its cheap electricity, the absence of legislative restrictions and attractive tax incentives. This combination of factors has…

A report from JPMorgan’s Global Markets Strategy division discusses three bullish reasons for Bitcoin’s long-term potential. 296 Total views 13 Total shares JPMorgan, the $316 billion investment banking giant, said the potential long-term upside for Bitcoin (BTC) is “considerable.” This new optimistic stance towards the dominant cryptocurrency comes after PayPal allowed its users to buy…

Top Chinese digital bank WeBank is partnering with OpenNodes to drive blockchain innovation among Singaporean universities. 2023 Total views 48 Total shares China’s top digital bank, WeBank, has partnered with OpenNodes, a distributed ledger technology (DLT) platform by Singapore’s Infocomm Media Development Authority.Through the new partnership, WeBank will provide the FISCO BCOS blockchain platform to…

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Traditional hedge funds are willing to increase their exposure in Bitcoin and other cryptocurrency markets over the next five years, a new survey has found.Intertrust Global — an international trust and corporate management company — polled the chief financial officers of 100 hedge funds globally about their intention to purchase crypto-assets. About 98% of them…

A millionaire by age 18, early Bitcoin (BTC) investor Erik Finman said the environment around Bitcoin has significantly changed since 2011 — and not for the better. “It just ain’t what it used to be,” Finman told Cointelegraph in a message on Jan. 26, 2020.Recounting the early days, Finman explained:“Bitcoin, when it first came out, was…

China-based leading mining and mining ASIC hardware producer Bitmain has reportedly suspended its mining operations in Rockdale, public radio station Texas Public Radio reports on Jan. 10. Rockdale is located in Milam County, east of Austin, in the United States state of Texas.Steve Young, a Milam County Judge, issued a statement reporting that all Bitmain…

The tokenized fund, iSNR, tracks the performance of a private credit strategy managed by asset manager Invesco. Digital asset exchange DigiFT has launched Invesco’s tokenized private credit strategy on Arbitrum, further expanding the use cases of real-world assets (RWA) and giving institutional investors access to onchain credit markets. According to a March 13 announcement, Invesco’s