Bitwise raises $70M to invest in team, onchain solutions

Rune Christensen has envisioned the final form of Maker governance, and it includes MetaDAOs, new governance tokens, and a new version of Synthetic Ether. 137 Total views 5 Total shares The co-founder of MakerDAO Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan. Across 3,000…

Japanese IT giant GMO Internet has published its third quarter report Monday, Nov. 12, revealing a “historical performance” of its crypto-related sectors despite “the harsh external environment.”GMO claims its crypto businesses, including mining equipment production and its crypto exchange, have gained 2.6 billion yen ($22.8 million) in revenue over the third quarter “in just a…

Dan Tapiero told Anthony Pompliano that $15 trillion in institutional capital could flow into Bitcoin, pushing prices as high as $500,000. 1889 Total views 16 Total shares Gold Bullion International co-founder Dan Tapiero believes that it’s only a matter of time before Bitcoin’s price surges into the six-figure threshold. Speaking to Anthony Pompliano on the Pomp…

Bitcoin (BTC) price analyst Oliver Isaacs thinks it will hit $25,000 around the end of 2019, according to a report by The Independent on June 5.Isaacs discussed the reasons he still has high hopes for a rally in the near future, saying:"There are multiple drivers behind the recent resurgence. There are geopolitical, technological and regulatory…

A pullback in the price of Bitcoin (BTC) is likely, based on several on-chain data points, namely the Spent Output Profit Ratio (SOPR) indicator, stablecoin inflows, stacked sell orders at $19,000, and the Crypto and Fear Index. However, the question remains when that correction would occur.Profit-taking pullback possible with lower buy pressureThe  SOPR indicator essentially…

Gold and Bitcoin as safe havens may be about to outperform stocks, a Bloomberg strategist says. Huge gains in stock markets despite the dire economic consequences of coronavirus may soon be a thing of the past, one analyst warns.In a tweet on Sep. 4, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said that gold…

The United States equities markets are attempting to stabilize after the carnage on Aug. 26. On similar lines, Bitcoin (BTC) is also witnessing a see-saw battle near the psychological level of $20,000 with both the bulls and the bears vying for supremacy. Although several analysts are bearish on Bitcoin in the near term, it has not…

Liechtenstein-based international crypto exchange Bittrex Global has rolled out credit and debit card support for 125 more countries. 2167 Total views 36 Total shares Liechtenstein-based international cryptocurrency exchange Bittrex Global has rolled out credit and debit card support for 125 more countries.Following an earlier introduction of the service for residents in the United Kingdom, Germany,…

Traditional card networks are vying to ensure their services remain at the center of new developments in digital assets, whether they be central bank digital currencies or private sector stablecoins.In an earnings call on July 29, Mastercard CEO Michael Miebach discussed recent developments in crypto and CBDCs, making the pitch that the company was well-positioned to…