Tag Archives: blockchain

Dapper Labs Said to Reach $7.6B Valuation in $250M Funding Round

Dapper Labs Said to Reach $7.6B Valuation in $250M Funding Round

The firm behind NBA Top Shot and the Flow blockchain also announced a deal with Spain’s top soccer league, LaLiga. Dapper Labs has closed a $250 million funding round, the company behind NBA Top Shot and the Flow blockchain said Wednesday. Coatue led the raise, which also included Andreessen Horowitz, Google’s GV and Version One […]

Scaramucci’s SkyBridge accelerates its move into crypto with a blockchain partnership

Scaramucci’s SkyBridge accelerates its move into crypto with a blockchain partnership

SkyBridge Capital’s Anthony Scaramucci is stepping up his firm’s move into the cryptocurrency world, announcing on Monday a partnership aimed at expanding into the blockchain universe. The hedge fund is joining with trading platform NAX in a series of fundraising efforts, the first of which will seek to bring in up to $250 million. Using […]

Mutual Fund Giant Franklin Templeton Eyes Bitcoin, Ether Trades With Planned Hires

Mutual Fund Giant Franklin Templeton Eyes Bitcoin, Ether Trades With Planned Hires

The $1.5 trillion asset manager is a newcomer to crypto investing despite years of experimenting with blockchain tech. Asset manager Franklin Templeton is staffing up to execute trades for bitcoin and ether, according to a series of job postings. At least two crypto-focused jobs posted this week – one trader, one researcher – would join the “growing” investments […]

Here Are The Top Stocks Riding The Crypto Wave And ‘Dramatically’ Outperforming The Market

Here Are The Top Stocks Riding The Crypto Wave And ‘Dramatically’ Outperforming The Market

KEY FACTS In a note to clients Tuesday morning, Goldman analysts identified 19 U.S. stocks with market capitalizations over $1 billion that have the highest blockchain and cryptocurrency exposure according to public disclosures and found that the companies have averaged a 43% return this year—more than three times the S&P’s 13% gain over the same […]

Crypto Long & Short: Coinbase Going Public Isn’t Selling Out – It’s the Start of a Long Game

Crypto Long & Short: Coinbase Going Public Isn’t Selling Out – It’s the Start of a Long Game

With its Nasdaq listing, the exchange will provide on-ramps for many investors. But it’s also changing the system from within. After a dramatic week in which the crypto industry’s eyes were on Coinbase’s Nasdaq debut, it’s time to step back and reflect. Plenty of pixels and airtime have already been beamed. Plenty of analysis has been […]

Bitcoin Transfer Worth $806M Might Reveal Big Institutional Purchase

Bitcoin Transfer Worth $806M Might Reveal Big Institutional Purchase

“My speculative guess is that institutions are buying bitcoin’s price dip,” one analyst said. Digital-asset traders and analysts were scrambling Tuesday to assess a fresh data point extracted from the Bitcoin blockchain: Some $806 million worth of the cryptocurrency apparently transferred earlier in the day off of the Coinbase exchange’s institution-focused unit, Coinbase Pro. The […]

Lindsay Lohan Partners With Justin Sun to Release NFTs on Tron

Lindsay Lohan Partners With Justin Sun to Release NFTs on Tron

The auction comes during the technology’s seemingly overnight transformation into a fascination of the investing world. Whether or not the non-fungible token (NFT) bubble – as newly-minted millionaire and digital artist Beeple calls it – will imminently pop is a question for ongoing debate. But one thing is clear: Lindsay Lohan issuing her own NFTs […]

Bitcoin Drops 3% Ahead of Fed Meeting, Despite Bullish Chart Pattern

Bitcoin Drops 3% Ahead of Fed Meeting, Despite Bullish Chart Pattern

Bitcoin is falling, as caution ahead of the FOMC rate decision overshadows bullish chart pattern. Bitcoin is nursing losses ahead of a crucial Federal Reserve policy meeting that could reveal the U.S. central bank’s plans in the wake of rising inflation expectations. The top cryptocurrency, which is seen by many investors as a hedge against rising prices, […]

Goldman Crypto Chief Flags Institutional Demand Driving Boom

Goldman Crypto Chief Flags Institutional Demand Driving Boom

Goldman Sachs Group Inc. is seeing substantial demand for digital assets from institutions as it works to restart its cryptocurrency trading desk. In a survey of nearly 300 clients by the firm, 40% currently have exposure to crypto, according to Matt McDermott, global head of digital assets for Goldman Sachs Global Markets Division, speaking on […]

Mark Cuban on Bitcoin, NFTs and What Comes Next: ‘The Upside Is Truly Unlimited’

Mark Cuban on Bitcoin, NFTs and What Comes Next: ‘The Upside Is Truly Unlimited’

“You can sell anything digital using NFT,” says the Dallas Mavericks owner. “Virtual Mavs gear, sneakers, art, pictures, videos, experiences, anything our imagination can come up with.” Mark Cuban is best known as the billionaire owner of the Dallas Mavericks, a staple on Shark Tank, and – in some circles – an occasional commentator on […]