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EU-Sponsored Speculation Fund Places $30M Into Crypto VC Firm's New $130M Vehicle

EU-Sponsored Speculation Fund Places $30M Into Crypto VC Firm’s New $130M Vehicle

At the point when numerous crypto VCs are raising assets, London-based Fabric Ventures has shut a $130 million stash for putting resources into beginning phase blockchain firms. The remarkable thing, in any case, is one of its patrons: The European Investment Fund (EIF) – which is included the European Investment Bank, the European Union, and other monetary establishments – contributed …

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Bitcoin

Bitcoin Tops Near $40K, Why BTC Remains Well Supported

Bitcoin price surged and it even spiked above the $40,000 resistance against the US Dollar. BTC is correcting gains, but it is likely to remain stable near $36,000. Bitcoin started a strong increase above the $36,000 and $38,000 resistance levels. The price is now trading well above $36,000 and the 100 hourly simple moving average. There is a major bullish …

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Cointelegraph Magazine

SpaceChain, Blockstream and Cryptosat – Cointelegraph Magazine

In the 1988 “Crypto Anarchist Manifesto,” engineer, author and cypherpunk Timothy C. May predicted a social and economic revolution enabled by technological developments, including high-speed networks, personal computers and satellites. Today, former Bitcoin core developer Jeff Garzik — now with SpaceChain — and others are making this vision a reality. Private crypto companies including SpaceChain, Blockstream, Cryptosat and others are …

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Cointelegraph Magazine

US senators tell athletes to avoid digital yuan, Chinese exchange volumes rebound … and more – Cointelegraph Magazine

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.  Olympic battleAfter months of writing about the relentless actions of the Chinese government, this week we lead with a story from the US Government. On July 19, three US …

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Ethereum Starts Recovery, Why ETH Could Resume Its Decline

Ethereum started an upside correction from the $1,720 zone against the US Dollar. ETH price could correct further higher, but upsides might be capped near $1,850. Ethereum formed a base above the $1,720 support zone before starting an upside correction. The price is still trading well below the $1,850 resistance and the 100 hourly simple moving average. There was a …

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Cointelegraph Magazine

How El Salvador’s Bitcoin Law may change global finance – Cointelegraph Magazine

 “Clearly, the thing that’s transforming is not the technology — the technology is transforming you.” Jeanne Ross, formerly of the MIT Sloan Center for Information Systems ResearchIf El Salvador’s “Bitcoin Law” was “the shot heard round the world” for Bitcoin, then when the International Monetary Fund (IMF) and the World Bank questioned the legislation, it was the incumbent empire striking …

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Cointelegraph Magazine

SEC delays another ETF decision, Binance news, and more sideways BTC price action: Hodler’s Digest, July 11–17

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week New data hints why Bitcoin price action has spent two months at $30KBitcoin (BTC) posted another week …

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