Category: Digital Currency Group

Crypto Spring is Here as Bitcoin Price Rallies Above $8,100

Photo: CafeCredit.com / Flickr Thursday began with top cryptocurrencies Bitcoin (BTC), Ethereun (ETH), and XRP being all in the green. After surging more than 115% this year to around $9,000 in May, Bitcoin price fell a bit to under $8,000 but seems to be slowly recovering. At the time of […]

CEO of Major American VC Firm Digital Currency Group: Crypto Winter Is Ending

The crypto winter is likely to be ending, a senior executive at major American blockchain venture capital firm Digital Currency Group (DCG) said in an interview with Bloomberg Technology on June 11. Barry Silbert, DGG founder and CEO, outlined the cyclical nature of the ups and downs of major cryptocurrency […]

Crypto Market Outlook Downgraded to ‘Uncertain’ in New SFOX Volatility Report

The current outlook for the cryptocurrency market has been downgraded from mildly bullish to uncertain, SFOX’s latest volatility report concluded on June 6. While the report acknowledged that crypto prices recovered substantially last month, the authors described overall sentiment is at a tipping point — and warned it was unclear how much of […]

Asteroid mining could inflate Gold’s supply, making Bitcoin a better store of value

Asteroid mining could inflate Gold’s supply, making Bitcoin a better store of value | CryptoSlate Gold is known as one of the best long-term wealth storing assets during economic crises because of its reliably rare supply, which makes it maintain its value without much depreciation. Only 2,600 tonnes of gold […]

Worsening US-China Trade War Is Behind BTC Price Rise, Digital Currency Group CEO Claims

The CEO of a cryptocurrency firm has suggested that the recent rise in bitcoin’s (BTC) price could be linked to the trade war between China and the United States, Fortune reported on May 20. In an interview, Digital Currency Group founder Barry Silbert noted how BTC’s acceleration coincided with talks breaking down between Beijing and […]

Brave Browser Reportedly Seeks to Raise Up to $50 Million in Series A Equity Round

Photo: Brave Software / Twitter Brave, the privacy-centric internet browser, is expected to hold a Series A equity round to raise funds for its growth and development. It is believed that the fundraising round will be announced in the nearest future. What We Know about Brave The browser is known […]

BitMEX settles all-time record $10 Billion in trades in 24 hours

Arthur Hayes, the 33-year-old CEO of the Bitcoin Mercantile Exchange (BitMEX), a Seychelles -registered cryptocurrency derivatives exchange, has revealed that the Hong Kong-operated trading platform recently settled over $10 billion in trades during a 24-hour time period. According to Hayes, this is a new all-time trading record (set on May […]

Grayscale to Launch Pro-Bitcoin Ads ‘Drop Gold’ on Social Media, Linear TV

New York-based digital asset manager Grayscale Investments has introduced its pro-bitcoin (BTC) advertising initiative “Drop Gold” in a press release on May 1. The Drop Gold campaign is based on the emergence of bitcoin as an alternative to gold investments. In particular, the advertising campaign is promoting bitcoin investment within […]

Digital Assets Data Raises $6 Million from Digital Currency Group and Others

Digital Assets Data is launching a crypto data platform to deliver institutional grade insights to investment funds. The customer base will encompass everything from family offices to hedge funds. This according to a Venture Beat, report April 30, 2019. Financing the Future The demand for cryptocurrency market data has been […]