Crypto Investment Firm Maven 11 Capital Closes $120M Fund

Crypto Investment Firm Maven 11 Capital Closes $120M Fund

Venture Fund II differs from Maven 11′s first fund in being closed-ended, or issuing a fixed number of shares, and having a wider group of backers including wealthy individuals, crypto entrepreneurs, family offices and institutions. The new fund has already deployed investments into gaming-focused DAO Merit Circle, lending platform Maple Finance, layer 1 blockchain Anoma … Read more

Litecoin and an Ethereum Rival Outperformed Bitcoin-Based Investment Products in November, According to Crypto Data Firm

Litecoin and an Ethereum Rival Outperformed Bitcoin-Based Investment Products in November, According to Crypto Data Firm

Bitcoin (BTC)-based investment products are facing strong competition from altcoin-based products, according to cryptocurrency data company CryptoCompare. The crypto data firm says in a new report that the investment products based on Litecoin (LTC) and smart contract blockchain Solana (SOL) had better returns than those based on BTC over the 30-day period leading to November … Read more

Investment Scams Skyrocket as Trading Explodes – NBC 6 South Florida

Investment Scams Skyrocket as Trading Explodes – NBC 6 South Florida

Crypto trading has exploded in the last year and a half, and crooks have taken notice. They’re finding new ways to pounce and pilfer, and these crimes have recently skyrocketed.  Hatim Mursi says he had an entire life’s savings stolen in a cryptocurrency investment scam, more than a half-million dollars. “I felt very vulnerable and I … Read more

Galaxy Digital’s Investment Bank Ramping up Crypto Dealmaking

Galaxy Digital's Investment Bank Ramping up Crypto Dealmaking

Galaxy Digital launched an investment bank in 2019 to compete for crypto dealmaking. The space is now exploding, with crypto M&A at an all-time high of more than $4 billion this year. Galaxy is betting its specialist view will help it compete alongside established Wall Street players. Galaxy Digital was founded in 2018 with the … Read more

How leading crypto investment firms are attracting the top talent from the banking world

How leading crypto investment firms are attracting the top talent from the banking world

The race to attract and retain top talent is well and truly on in the world of finance.Offering the right packages to the technologists of the world was always a tall order when trying to retain the top workers. It seems that this is proving the case for leading traders and associates now too.As with … Read more

Bitcoin, ethereum price: Sydney man makes $50,000 from crypto investment

Bitcoin, ethereum price: Sydney man makes $50,000 from crypto investment

First this 24-year-old tradie lost all his money to cryptocurrency. Then he tried again and now he’s rolling in cash.A Sydneysider has made a whopping $50,000 from crypto after buying the up-and-coming coins on a whim while drunk with his mates four years ago. Josh Ng, 24, has made back his investment five times over … Read more

How To Determine Whether Crypto Investment Is Useful

Research, Market Hours: How To Determine Whether Crypto Investment Is Useful

Even the smartest investor cannot wish away the risks associated with this new-age industry.The cryptocurrency market has come a long way since the first coin, Bitcoin, was released in 2009. Over the past two years, it has seen a rapid rise in value and attracted unprecedented attraction. Though a highly volatile industry, new investors have … Read more

Crypto is a religion not an investment, investor Mark Mobius says

Crypto is a religion not an investment, investor Mark Mobius says

Global investor Mark Mobius on Wednesday called cryptocurrencies a religion, joining a chorus of digital coin skeptics at a time when bitcoin and ether are trading near all-time highs.”It’s a not an investment it’s a religion,” he founder of Mobius Capital Partners said on “Squawk Box.””People should not look at these cryptocurrencies as a means … Read more

Investment advisers ‘extremely skeptical’ about first U.S. bitcoin ETF: ‘It’s a hard thing for RIAs to recommend an inferior’ crypto product

Investment advisers 'extremely skeptical' about first U.S. bitcoin ETF: 'It's a hard thing for RIAs to recommend an inferior' crypto product

Happy Sunday! Welcome to the penultimate installment of Need to Know Crypto Edition, ahead of the launch of a new weekly crypto newsletter “Distributed Ledger,” which will kick off next month. I’m Mark DeCambre, managing editor of markets and I’ll walk you through the latest and greatest in digital assets this week so far. There … Read more

Australian pension fund considers crypto investment

Australian pension fund considers crypto investment

One of Australia’s largest pension funds has said it may make small investments in the cryptocurrency sector, in another sign that retirement vehicles are taking the digital asset space seriously despite the regulatory risks.Queensland Investment Corporation (QIC), which manages A$92.4bn ($69bn) of assets and is Australia’s fifth biggest pension fund, told the Financial Times that … Read more