Temasek, a state-owned investment company in Singapore, currently has a total portfolio value of approximately $288 billion. Superscrypt, a blockchain and Web3-focused venture capital firm backed by Singapore’s state-owned investment firm Temasek, is reportedly seeking a $100 million capital raise to establish a new investment fund. According to Bloomberg, unnamed sources revealed that Superscrypt and...Continue Reading

The asset manager became the third firm to apply for listing and trading shares of a spot XRP ETF, following Canary Capital and Bitwise. Asset manager 21Shares has filed for approval of a spot XRP exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). In a Nov. 1 SEC filing, 21Shares filed...Continue Reading

Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.  Bitcoin (BTC) fell below $69,000 on Nov. 1, but the bears could not sustain the lower levels. Solid buying by the bulls has pushed the price back above the $70,000 level, indicating a positive sentiment. As...Continue Reading

Blockchain-based startups raised $1.4 billion in the third quarter, bringing investments year to date to over $5.4 billion.  Web3 startups have raised over $5.4 billion in venture capital during the first three quarters of 2024, according to data from Crunchbase’s Web3 tracker. Capital poured into blockchain-based companies stood at $1.4 billion in the last quarter...Continue Reading

The US Treasury is especially keen on distributed ledger technology (DLT) for payments, settlement and clearing.  Blockchain technology promises to create a “new financial market infrastructure” with “enhanced operational and economic efficiencies,” according to the United States Department of the Treasury’s Q4 2024 report. To unlock these benefits, the legal and “regulatory landscape will need...Continue Reading

A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community. Bitcoin has been called many things, but a “balanced budget trap” is probably not one of them. Or at least not noticeably — until now. A recent paper published on the Federal Reserve Bank of...Continue Reading

Nansen takes a detailed look at an emerging opportunity for Web3-powered investors in a new report. Blockchain analytics platform Nansen and yield infrastructure protocol MetaStreet have a new spin on decentralized physical infrastructure networks (DePIN) to share with tech-savvy investors. They have released a report calling attention to node financing (NodeFi) and graphics processing unit financing...Continue Reading

 The prospect of favorable regulations and Bitcoin’s hedge status mean that Bitcoin can weather any election result and even reach $100,000. Opinion by Georgii Verbitskii, founder of TYMIO Yield and TYMIO Protect. The 2024 United States presidential election has raised debates about how both candidates might shape the future of cryptocurrencies, particularly Bitcoin (BTC).  With...Continue Reading

Back was an early Bitcoin developer and the first person to receive an email from pseudonymous Bitcoin creator Satoshi Nakamoto. Bitcoin’s institutional adoption remains strong, increasing the resilience of the world’s first cryptocurrency, according to Adam Back. Bitcoin (BTC) is “bootstrapped sufficiently” in terms of institutional adoption, partly thanks to the US spot Bitcoin exchange-traded...Continue Reading

Bitcoin basks in nonfarm payrolls data misses with BTC price action canceling its trip below $69,000. Bitcoin (BTC) bounced back from sub-$69,000 lows on Nov. 1 as shock United States jobs data sparked dollar volatility. BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed a BTC price rebound setting in after...Continue Reading