The post ETH Price Primed for 6x Surge! Analyst Hints $2 Trillion Market Cap for Ethereum! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Lark Davis, a prominent New Zealand-based crypto analyst, recently hinted at a huge 6x price increase for ETH Price from its current value. According to him, the market cap of ETH is growing at an unstoppable rate, and considering the success and development of the Defi business, the bulls seem to be on the side …

Cathie Wood-led Ark Investment announced they have bought $20 million worth of bitcoin as per the company’s filing with the SEC. The company had earlier added bitcoin exposure to their popular funds via investment in companies such as Microstrategy and Grayscale Bitcoin Trust fund (GBTC) purchases. Wood is a known Bitcoin proponent who has advocated

The post Ark Investment Buys $20M Worth of Bitcoin appeared first on Coingape.

Since February, Grayscale’s premier crypto fund Grayscale Bitcoin Trust (GBTC) has traded at a negative premium to its net asset value (NAV). GBTC, which has been the largest publicly-traded crypto fund available on the market, saw its historically high premium plummet as new competition weighed in.  In the past, institutional investors had to accept GBTC’s […]

Popular US cryptocurrency exchange Coinbase is rumoured to be in talks to acquire asset management firm, Osprey Fund. Osprey currently runs two investment funds and [...]

A popular crypto trader is analyzing the Bitcoin fork Litecoin (LTC) and whether it’s appropriately valued in today’s market. Litecoin, which is resting at around a $14 billion valuation after the harsh crypto-correction this week, has many of the qualities Coin Bureau’s pseudonymous host looks for in an asset. The host, who goes by the […]

The post Is Litecoin Seriously Underrated? Here’s Why Crypto Traders Should Pay Attention, According to Coin Bureau appeared first on The Daily Hodl.

Bain Capital Ventures (BCV), the venture arm of the 37-year-old private equity firm Bain Capital, announced this morning that it has $1.3 billion...

It looks like the eccentric Tesla CEO Elon Musk is not the only deep-pocketed investor to make a screeching u-turn on bitcoin. As recently as late February, Scott Minerd, chief investment officer at financial services firm Guggenheim Partners was singing a different tune. He predicted that bitcoin could eventually climb to as high as $600,000. […]

On Thursday (May 19), the day that Bitcoin and other cryptoassets had one of their largest price corrections ever, Scott Minerd, Global Chief Investment Officer of Guggenheim Partners, compared crypto’s current popularity to “tulip mania” in the 17th century. Background Guggenheim Investments is “the global asset management and investment advisory division of Guggenheim Partners and has more […]

Red Bull Racing Honda will launch its non-fungible fan tokens exclusively on the Tezos blockchain.

Cathie Wood's Ark Investment was rewarded for 639,069 profits in Grayscale Ethereum Trust for the first year, which is currently valued at $20.9 million.

Read on to find out why cryptos fall. The latest setback for cryptocurrencies follows their widespread public attention of late, but is this sell-off going [...]

Ark Investment Buys $20 Million of Grayscale Ethereum Trust Shares | Acting OCC Chief Begins Staff Review of Crypto-Related Actions | BlockFi Mistakenly Sends Users Outsized BTC Rewards