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Bitcoin to benefit from Trump presidency and MicroStrategy's plan: JPMorgan

JPMorgan analysts predict gold and bitcoin will perform well post-Trump's presidency due to the debasement trade, driven by tariffs, geopolitical tensions, and increased central bank purchases.

theblock.co • 07/11/2024 - 09:46 AM

The Daily: a16z crypto pledges $23 million to Fairshake, Coinbase accused of charging substantial 'listing fees' and more

A16z crypto pledges $23M to Fairshake, Coinbase faces accusations over listing fees, Zodia Custody seeks $50M, and Michigan's pension funds invest in Ethereum ETFs.

theblock.co • 04/11/2024 - 19:46 PM

a16z crypto pledges $23 million to Fairshake PAC for 2026 US midterm pro-crypto candidates

a16z crypto pledges $23 million to Fairshake for U.S. crypto regulation, fostering bipartisan support for a clear regulatory framework to protect consumers and enable industry growth.

theblock.co • 04/11/2024 - 15:24 PM

Crypto investment products hit record annual inflows of $29 billion this year: CoinShares

Global crypto funds saw $2.18 billion inflows last week, totaling a record $29.2 billion YTD, driven by U.S. market sentiment and Bitcoin's price fluctuations amidst election predictions.

theblock.co • 04/11/2024 - 12:34 PM

INVESTMENT FIRMS

Securitize crosses $1 billion in tokenized onchain assets as it launches a new fund administrator service

Securitize has surpassed $1 billion in tokenized assets, launching a fund administration service to streamline processes for crypto-based funds, addressing compliance and operational tasks.

theblock.co • 31/10/2024 - 13:12 PM

JPMorgan eyes 'additional upside for bitcoin and gold prices in a Trump win scenario'

JPMorgan analysts predict Donald Trump's potential victory may boost bitcoin momentum, driven by retail investors engaging in the 'debasement trade' amid significant ETF inflows.

theblock.co • 31/10/2024 - 10:45 AM

The Daily: Bitcoin ETFs record third-largest daily inflows, Trump win could impact Bitcoin less than Ethereum and more

Bitcoin ETFs see record inflows, political factors affect Ethereum, Swell moves to OP Stack for Layer 2, Chainlink upgrades for broader use, and Magic Eden test token trends.

theblock.co • 30/10/2024 - 18:57 PM

INVESTMENT FIRMS

OpenEden fires employee following drugging allegations in Hong Kong

OpenEden terminated an employee after social media allegations of inappropriate behavior, prompting discussions about women's safety in the male-dominated crypto industry.

theblock.co • 30/10/2024 - 17:45 PM

The Daily: Founders Fund invests in Infinex's Patron NFT sale, FTX agrees to drop its Bybit lawsuit and more

Peter Thiel’s Founders Fund was unveiled as an investor in Infinex’s new “patronage” fundraising model on Monday, as the sale officially closed, raising a total of $67.7 million. The FTX estate has settled its lawsuit with crypto exchange Bybit, its executives and its investment arm Mirana for $228 million, aiding upcoming creditor repayments. Solana’s leading web3 wallet Phantom, was hit with 2 hours and 45 minutes of downtime on Monday, leading to inaccurate account balances for users. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 28/10/2024 - 18:19 PM

Peter Thiel's Founders Fund invests in Infinex's Patron NFT sale as total amount raised hits $67.7 million

Peter Thiel's Founders Fund invested in Infinex's $67.7 million patronage fundraising, selling Patron NFTs to various investors to support decentralized exchange platform development.

theblock.co • 28/10/2024 - 11:56 AM

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