Blockchain and Crypto Startups Raise $2.6 Billion in Q1 of 2021— Figure Surpasses 2020 Total by $300 Million

Blockchain and Crypto Startups Raise $2.6 Billion in Q1 of 2021— Figure Surpasses 2020 Total by $300 MillionAccording to data analysis firm, CB Insights, about $2.6 billion was raised by some 129 blockchain-focused start-ups during the first quarter of 2021. This figure easily surpasses the $2.3 billion raised from a total of 341 deals that were seen in the whole of 2020. Large Capital Raising Rounds Dominate As noted by one report, […]

Dropping GBTC Premium: Anonymous Group Claims Blockfi Facing Solvency Issues Due to Exposure to the BTC Trust

Dropping GBTC Premium: Anonymous Group Claims Blockfi Facing Solvency Issues Due to Exposure to the BTC TrustAn anonymous group has claimed that Blockfi, which has an estimated $1.8 billion in customer assets invested in Grayscale Investment’s GBTC, is facing potential insolvency issues associated with the negative premium on the GBTC shares. Using the negative premium of minus 7.89% on the GBTC shares to illustrate the extent of the problem, the anonymous […]

Arca to Join the Bitcoin Trust Race Competing Against Numerous Crypto Fund Rivals

Arca to Join the Bitcoin Trust Race Competing Against Numerous Crypto Fund RivalsAnother firm is joining the bitcoin trust sector, as the California fund manager Arca has filed a registration with the U.S. Securities and Exchange Commission (SEC) for its Arca Accredited Investor Bitcoin Trust. The trust will compete with a number of competitors including Grayscale’s popular bitcoin investment vehicle GBTC. Arca Files With the US SEC […]

Crypto Earning vs. Savings Accounts: How You Can Get Up to 17% Annually Holding Digital Assets

Crypto Earning vs. Savings Accounts: How You Can Get Up to 17% Annually Holding Digital AssetsThe mainstream has caught a whiff of the gains cryptocurrencies like bitcoin and ethereum have seen, but many people are not aware of the passive income crypto users are getting as well. While financial incumbents are giving people with savings accounts a measly 0.35% to 0.60%, digital currencies can give people 1-17% or even more […]