Algorithmic trading funds might have triggered the recent market recovery, Bloomberg reports. The recent crypto market jump could be linked to algorithmic trading, Bloomberg writes on Wednesday, April 3. Algorithmic trading — a method that uses automated software to detect trends and determine when trades should be made — has been on the rise in […]
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Offchain Labs has raised $3.7 to disrupt major problems in blockchain such as privacy and scalability. Offchain Labs, a blockchain startup co-founded by a professor at Princeton University, has raised $3.7 million in a seed round led by crypto hedge fund Pantera Capital, TechCrunch reports on April 3. The new funding round was also supported […]
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Bitcoin is now hovering around $5,000, as the cryptocurrency markets are on their third day of gains. Wednesday, April 3 — Bitcoin (BTC) has tested the $5,000 mark for the first time since November 2018, as crypto markets are on the rise for the third day in a row. While some major cryptocurrencies are seeing […]
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How a user gaming the Augur network led to the debate on the validity and effectiveness of decentralized networks. According to a Reddit thread on March 19, traders on Augur, a decentralized oracle and peer-to-peer protocol for prediction markets, are being scammed. The Reddit user claims that “some people” in the Augur community are exploiting […]
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What are the United States tax reporting obligations for those who held, donated or sold/exchanged crypto. Last year was a bear market for cryptocurrencies. Many investors who did not know how to hedge their cryptocurrency investments saw these investments lose value from the market highs of 2017. Facing the deadline to report their taxes by […]
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Experts said that the Ethereum network is losing ground to other projects like EOS, Tron and Stellar. The Ethereum network is losing ground as developers switch to other projects, various experts told Bloomberg on March 28. Ethereum, which debuted in 2015, initially provided a platform on which developers could build decentralized apps (DApps), conduct initial […]
Continue ReadingHbus forms a new team to develop crypto services and products for institutional investors. The United States-based operator of crypto exchange Huobi, Hbus, has formed a new team to launch institutional products and services, according to a press release shared with Cointelegraph on March 27. The company’s new team will be led by Katelyn Mew, […]
Continue ReadingThe final contributions should close before the end of the month, the company says, with completed investments already nearing $40 million. Cryptocurrency hedge fund Pantera Capital is close to completing funding for its third venture fund, already raising $160 million, the company announced in a blog post оn March 27. Pantera, which debuted its first […]
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U.S. prediction market startup and hedge fund Numerai raised $11 million in an ICO to launch its Erasure project. American prediction market startup and hedge fund Numerai (NMR) has raised $11 million in an initial coin offering (ICO) to launch its project Erasure, Numerai tweeted on March 21. Introduced in late 2016, Numeraire network provides […]
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Winklevoss Capital partner Sterling Witzke spoke to Cointelegraph about the future of stablecoins, regulatory clarity in U.S. and a fair price for Bitcoin Sterling Witzke has been working at Winklevoss Capital — a venture capital firm set up by the famous Winklevoss twins — for five years now. As a professional investor, she is very […]
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