Blockchain Capital’s Spencer Bogart: Bitcoin is Bottoming

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We’ve heard a good number of calls for Bitcoin bottoming out. For example, Galaxy Digital CEO, Michael Novogratz said prices have bottomed in September 2018.  In fact, he noted the Bloomberg Galaxy Crypto index, which measures the performance of the largest digital currencies traded in dollars, “retouched the highs of late last year and the … Continue reading “Blockchain Capital’s Spencer Bogart: Bitcoin is Bottoming”

Paradigm: Yale University’s David Swensen Invests in Cryptocurrency Fund

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Cryptocurrency is going mainstream. In fact, one of the world’s largest endowment funds just invested in two cryptocurrency funds, including one created by a Coinbase founder. Yale University Endowment Makes a Play on Cryptocurrency CIO of Yale’s nearly $30 billion endowment, David Swensen just invested in two venture funds that focus on cryptocurrency. Such an … Continue reading “Paradigm: Yale University’s David Swensen Invests in Cryptocurrency Fund”

Andreessen Horowitz: $15 Million Invested in Stablecoin

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Prominent venture capital firm, Andreessen Horowitz just invested $15 million in Maker DAO (MKR), a stablecoin built on the Ethereum blockchain. MakerDAO The firm stands behind ETH-based stablecoin, Dai (DAI) in addition to it decentralized credit system.  Reportedly, DAI is pegged to U.S. dollars, but collateralized by ETH. DIA users can generate coins by locking … Continue reading “Andreessen Horowitz: $15 Million Invested in Stablecoin”