Source: Cointelegraph “We are passionate about backing technologies that will prevent censorship and things being shut down,” James McDowall told Cointelegraph. Stablecoin issuer Tether made its first crypto venture capital fund investment into Arcanum Capital’s Arcanum Emerging Technologies Fund II — a tokenized investment vehicle specializing in decentralized Web3 projects — for $2 million. Managing… Continue reading Tether Makes First Crypto VC Fund Investment Into Arcanum Capital
Tag: investments
Memecoins Take Top Spot For Crypto Investor Interest in 2024: CoinGecko
Source: Cointelegraph Memecoin interest in 2024 was largely directed toward Solana-based tokens, followed by those on Coinbase’s blockchain Base, according to a CoinGecko study. Memecoins took the top spot for mindshare in the crypto space this year with almost a third of investor interest focused on the highly speculative tokens, a CoinGecko study found. “The… Continue reading Memecoins Take Top Spot For Crypto Investor Interest in 2024: CoinGecko
MicroStrategy expands Bitcoin holdings with $5.4B purchase
Source: Cointelegraph MicroStrategy acquired 55,000 Bitcoin for $5.4 billion, boosting its holdings to 386,700 BTC amid bullish institutional sentiment. MicroStrategy, a publicly traded business intelligence and software firm, reported a substantial expansion of its Bitcoin holdings in a filing on Nov. 25. The company acquired about 55,000 Bitcoin (BTC) for $5.4 billion between Nov. 18… Continue reading MicroStrategy expands Bitcoin holdings with $5.4B purchase
US Election Optimism Fuels $2.2B inflows in crypto products
Source: Cointelegraph CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US. Cryptocurrency investment products recorded their biggest inflows since July, hitting the $2.2 billion weekly mark, according to crypto investment firm CoinShares. Digital investment products continue on a… Continue reading US Election Optimism Fuels $2.2B inflows in crypto products
Grayscale introduces crypto investment fund that prioritizes staking rewards
Source: Cointelegraph Investors must have assets under management exceeding $1.1 million or a net worth over $2.2 million to qualify for Grayscale’s Dynamic Income Fund. Grayscale Investments has announced an investment fund tailored to sophisticated clients eager to expose their portfolios to income generated from staking cryptocurrency tokens. According to a recent statement, the Grayscale… Continue reading Grayscale introduces crypto investment fund that prioritizes staking rewards
