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“# Pantera Capital CEO doubles down on $115K Bitcoin prediction for 2021 ” Dan Morehead, founder and CEO of Bitcoin (BTC) investment firm Pantera Capital, has maintained his bullish Bitcoin prediction for 2021. Bitcoin is poised to hit as much as $115,000 by August 2021, surging 200% in the next eight months, Morehead reportedly said at…
“#Max Levchin’s Affirm surges in Nasdaq debut” Shares of lending startup Affirm Holdings, founded by PayPal’s co-founder Max Levchin, soared in their debut on Wednesday, giving the company a market capitalization of over $22 billion. Affirm’s shares opened at $90.90 on the Nasdaq, 85.5 percent higher than their upwardly revised initial public offering (IPO) price…
“# Proposal seeks to overhaul Aave’s $375 million Safety Module ” In a largely celebratory community call devoted in part to commemorating lending protocol Aave’s January 8th “Aaveversary” — a full year of Aave on Ethereum mainnet — there was also a look into Aave’s possible future: a proposal from Delphi Digital seeking to fundamentally…
“# What type of situation, if any, could crash Bitcoin? VC firm partner speculates ” During the market downturn in March 2020, Bitcoin (BTC) fell over 50% in value across a two-day period. Traditional financial markets also dropped vastly in March. Although Bitcoin posted a standout recovery, going on to smash all-time price highs, one…
“# Korean crypto investment company launches $100 million fund for blockchain projects ” Hashed, one of South Korea’s largest crypto asset fund managers, has raised 120 billion won ($110 million) to fund new blockchain ventures in the so-called “protocol economy.” The funds were raised via Hashed Ventures Inc., a new entity that will oversee the…
“#Ex-Google CEO Eric Schmidt backs new European venture fund” Former Google boss Eric Schmidt has just plowed cash into a British-based venture capital fund. The 65-year-old tech billionaire, who is finalizing a plan to become a citizen of the small Mediterranean island of Cyprus in order to obtain an EU passport, just invested an undisclosed…
“# VC calls Ethereum killers ‘toothless’ based on token allocation to insiders ” Mythos Capital founder Ryan Sean Adams called Ethereum killers “toothless” based on initial token allocation schemes that often prioritize insiders: Source: Twitter. Adams was referring to a recent Messari report, which summarized the token distribution for some of the most popular Ethereum…
“#How corporations and SMBs can turn competition into collaboration” We can finally live out our Jetsons fantasies – almost. Pandemic permitting, in a few years we should be able to hire an aircraft to get from A to B. Volocopter’s drone-like, electric-powered helicopters will be cleared to take off with passengers in two to three years. …