Crypto news

MiddleGame Ventures (MGV) that is a fintech-focused investment company announced on Monday that it had managed to raise assets for the new fund aimed at providing support to startups in Europe and North America.As per the announcement, MGV’s Venture Fund I reached its first close with the last target size attaining $165 million.The fund is going to enter into partnerships with both B2B and B2B2C startups and, of course, it will invest in them. The main goal is to get the transformation of...

Many crypto enthusiasts are placing ultra bearish forecasts on Twitter. The stock to flow model suggests that the move down is out of the norm. There’s a strong possibility that bitcoin trades above $10,000 before 2019 expires. In the last few days, bitcoin has been the subject of bearish calls. Many are calling a drop between $6,000 and $5,500. Peter Brandt chimed in on the topic. The most followed trader on Twitter said that the head-and-shoulders top for bitcoin doesn’t...

SEBA Bank startet mit Investmentlösungen und lanciert neuartigen Krypto-Index Die SEBA Bank startet mit ihrem Investmentgeschäft und bringt den SEBA Crypto Asset Select Index (SEBAX) für Kryptowährungen auf den Markt. SEBAX adressiert die vorherrschende Problematik traditioneller marktwertgewichteter Indizes und macht Index-Anlagen auch für den digitalen Anlagenmarkt...

XRP erreichte sein Zweijahrestief Lange vor dem Bullenrun, der XRP auf sein Allzeithoch von 2,82 Euro brachte, hatte Ripple Mühe, es über die Marke von 20 Cent zu bleiben. Vor einigen Tagen gings dann richtig bergab. Zuerst sah es so aus, als ob Ripple sich fest zwischen 20 und 30 Cent halten kann. Doch dies änderte sich jedoch gestern. In den letzten Monaten ist der XRP-Preis...

Shares of Chinese e-commerce giant Alibaba saw a great launch in Hong Kong on Tuesday, after pricing its shares at 176 Hong Kong dollars (approx. $22.5) apiece. This is the biggest listing this year so far, larger than the approximately $8 billion raised by Uber in May. This also came as an excellent boost for the Hong Kong market which had problems since the pro-democracy protests escalated in recent weeks. Alibaba trades under the stock code 9988 in Hong Kong. Nine and eight are considered...

Fintech startup Ualá which is a finance app that helps people with all things financial has just finished its Series C funding to the tune of $150 million. This round was led by Tencent and Softbank’s Innovation Fund which has as its specific aim the Mercursour region. The app functions very much like Monzo, Nubank and Revolut but this time the focus of this app is on the Argentine market without the trappings and requirements of financial institutions and regulations. With its CEO Pierpaolo...

The latest reports have revealed that the Bank of New York Mellon has officially joined the Marco Polo trade finance consortium. This consortium is known to run on R3’s Corda and BNY Mellon has become the 28th bank to join. The bank has been constantly investing in the blockchain space since 2015. As we highlighted previously, the investments have significantly increased in recent months.The $373-billion asset bank is reportedly evaluating Marco Polo’s technology intending to onboard clients...

The co-founder of Ethereum, Vitalik Buterin, recently responded to a few verbal attacks on social media. Some influential people within the cryptocurrency community expressed their opinions against Vitalik’s views, and he took the chance to respond.Vitalik Buterin Taken Under AimVitalik Buterin is a well-known figure within the community as the co-founder of the second-largest cryptocurrency by market cap Ethereum.However, a few influential cryptocurrency proponents disagree with his recent...

Financial services company MoneyGram International Inc. announced on Monday that a provider of leading enterprise blockchain solutions for global payments Ripple Labs, completed its final $20 million investment in MoneyGram equity consistent to its primarily $50 million equity investment commitment that the company made earlier this year.The price of share Ripple paid was $4.10 that seems to be pretty much higher than MoneyGram’s current price on the market. As per the announcement, the...

The Crypto Fear and Greed Index hit its lowest value in months. The recent decline in prices took the market into “extreme fear.” The market tends to flourish in difficult circumstances. The Crypto Fear and Greed Index (CFGI) recently plummeted to its lowest value in months, signaling “extreme” levels of “fear” in the industry. The move comes after bitcoin dropped below $7,000, which brought out some of the most prominent crypto critics to spread fear, uncertainty, and doubt...