VC Roundup: Asylum Ventures launches $55M fund to back startup “artists,” not assets

Decentralized crypto wealth management platform MC2 Finance becomes the latest participant of the Cointelegraph Accelerator program. Decentralized finance (DeFi) might hold immense potential to solve the problems faced by traditional finance (TradFi). However, DeFi still struggles with onboarding new users -both retail and institutional- due to its limitations on the user experience side. Despite all the

The price of Bitcoin (BTC) abruptly fell from $11,823 to $11,102 in the last 48 hours. While on a macro level the digital asset remains in an uptrend, there appear to be three key factors behind the pullback.XBT-USD 1 week chart. Source: TradingView.comThe presence of a crucial resistance level at $12,000, several whales taking profit,…

Increasing institutional ETF adoption could bolster Bitcoin price to new all-time highs.

Top Stories This Week Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO ChatGPT developer OpenAI removed founder Sam Altman from his CEO position on Nov. 17. Chief technology officer Mira Murati is now serving as interim CEO. According to a blog post, the board of directors engaged in a “deliberative review process,”

Gary Gensler said investors in crypto projects “should know why celebrities are making those endorsements,” as Kim Kardashian and Paul Pierce did for EMAX through social media. 216 Total views 15 Total shares Own this piece of history Collect this article as an NFTThe United States Securities and Exchange Commission has announced a $1.4-million settlement…

Animoca Brands has announced it will partner with Korean record label Cube Entertainment to build a “K-pop metaverse.” 349 Total views 20 Total shares Nonfungible tokens (NFTs) continue to disrupt the mainstream entertainment industries, with NFT gaming firm Animoca Brands partnering with Korean record label, talent agency and music production company, Cube Entertainment, to build…

Most traders fail to understand how Bitcoin (BTC) derivatives exchanges handle their risk. There is a consensus that the winners get paid by the losing parties, but it is not as simple as it seems.Insurance funds were initially designed to protect clients positions during excessive volatile periods. Nonetheless, some exchanges such as BitMEX display a…

Elon Musk and Michael Saylor played a significant role in shaping crypto investor sentiment during the second quarter, underscoring just how nascent digital asset investing remains when compared with other, more established markets. Sentiment-driven analysis from The TIE and eToro USA reveals the extent to which Musk and Saylor impacted Bitcoin (BTC) values in the second…

“Issuing a stablecoin pegged to the Hong Kong dollar not only helps to solidify Hong Kong’s leadership in the blockchain sector but also propels the progress of the digital Hong Kong dollar," said the report. 93 Total views 1 Total shares Crypto and blockchain advocates have authored a report calling for the Hong Kong government…