Non-custodial wallet-as-a-service provider, Magic, has secured $52 million in funding in a recent funding round, despite challenging bear market conditions. The funding, led by PayPal Ventures and joined by Cherubic, Synchrony, KX, Northzone, and Volt Capital, will support Magic’s efforts to expand its...
The 2023 fiscal year has been an exceptional one for Grayscale Investments, despite the ongoing bear market in the world of cryptocurrencies. The Block data shows that the financial juggernaut’s two major products, the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust...
In a recent interview with the cryptocurrency-focused YouTube channel, “Show Me The Crypto”, renowned cryptocurrency pioneer and entrepreneur Roger Ver shared his views on the importance of decentralized peer-to-peer electronic cash systems such as bitcoin (BTC). Ver criticized centralized systems and highlighted the...
As a result of bitcoin’s strong start to the year 2023, the founder of SkyBridge Capital, Anthony Scaramucci, believes that we’re over the bear market. He also has expressed confidence in the crypto investments of his business. During an interview on April 6,...
The vast majority of Americans want to see the financial system modernized. They believe that cryptos could be a potent part of the answer, according to a February 2023 nationwide survey of 2000+ general population respondents commissioned by Coinbase. Coinbase hired Morning Consult...