Cryptocurrency venture capital such as Pantera, returns trend upward in 2023
Increased returns of Pantera Capital and others Pantera Capital’s Liquid Token Fund, a major U.S. cryptocurrency venture capital (VC), has recovered this year from a decline in 2022, with returns of nearly 80% as of mid-December. Other VCs are also…
Nigeria lifts ban on bank accounts for crypto-asset companies, which could lead to a “surge†in usage | CoinDesk JAPAN
In Nigeria, one of the countries with the world’s fastest adoption of digital assets, the Central Bank of Nigeria has lifted a ban on local banks and financial institutions servicing crypto-asset companies. This is likely to encourage the use of…
Damage from scams and hacking in 2023 will be nearly $2 billion – halved from last year | CoinDesk JAPAN
In 2023, scams, rug pulls, and hacks caused nearly $2 billion in damages. This is about half of last year’s figure. This year’s decline is primarily due to improvements in security protocols, but the industry remains susceptible to security risks….
A professional explains the year-end Bitcoin market as expectations for ETF approval increase | Contributed by Virtual NISHI
*This report was written by Virtual NISHI, a crypto analyst at the crypto asset exchange SBI VC Trade.@Nishi8maru) contributed to CoinPost. Bitcoin Market Report (December 6th to December 12th) The price of Bitcoin has skyrocketed since December 5th. Although there…
Hong Kong Monetary Authority releases draft regulations for stablecoin issuers
Proposes introduction of authorization system for stablecoin issuance On the 27th, the Hong Kong Monetary Authority (HKMA) jointly with the Financial Treasury Board (FSTB) issued a consultation paper on introducing regulations for stablecoin issuers, and solicited public comments. The Consultation…
MicroStrategy buys $615 million worth of Bitcoin, bringing total holdings to $5.9 billion | CoinDesk JAPAN
MicroStrategy, the largest corporate holder of Bitcoin (BTC), made further purchases on the 27th, selling 14,620 BTC for approximately $615.7 million (approximately 86,198 million yen, 140 per dollar). Purchased in yen (converted to yen). MicroStrategy Executive Chairman Michael Saylor announced…
MicroStrategy stock is 26% overvalued —analyst “recommends taking profits†| CoinDesk JAPAN
Investors wondering what’s next for business intelligence company MicroStrategy’s stock, which has soared 343% this year, should check out 10x Research, led by Markus Thielen, who predicted a BTC rally in 2023. It may be helpful to refer to the…
Ark Invest’s portfolio reorganization, complete sale of GBTC shares and shift to Bitcoin futures ETF
ARKW reorganization Ark Invest, led by Cathie Wood, has reportedly sold all of its holdings in Grayscale Bitcoin Trust (GBTC) in an aggressive portfolio reshuffling. ARK Next Generation Internet ETF (ARKW), an actively managed exchange-traded fund (ETF), had invested $130…
Bitcoin And Ethereum To Face Minimal Impact Ahead Of The Largest $11 Billion Year-End Options Expiry
The post Bitcoin And Ethereum To Face Minimal Impact Ahead Of The Largest $11 Billion Year-End Options Expiry appeared first on Coinpedia Fintech News As the calendar year draws to a close, Bitcoin and Ethereum prices are preparing for a…
Microstrategy Shares Look Overvalued By 26%: ‘It Is Time To Take Profit’ Says Analyst Who Saw Bitcoin Rally
While MicroStrategy Inc. (NASDAQ: MSTR) attracted the attention of analysts who raised price targets for the stock, one stated the stock was overvalued. What Happened: MicroStrategy reported a surge of 358.8% on a year-to-date basis and investors’ optimism is high…