From the Blog

Invictus Capital AUM reaches $112M as crypto adoption booms

May 6, 2021

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The company’s Crypto20 index fund registered 221% growth quarter-over-quarter. 734 Total views 7 Total shares Cryptocurrency asset manager Invictus Capital saw significant growth in assets under management during the first quarter, highlighting the rapid uptake of digital assets among institutional investors.  Assets under management surged by 50% to $112 million in the quarter ending March […]

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Nokia announces blockchain-powered data marketplace

May 6, 2021

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Nokia’s permissioned blockchain platform will reportedly allow trusted data exchange and monetization among client participants. 6540 Total views 25 Total shares Smartphone maker Nokia has announced the launch Nokia Data Marketplace — the company’s enterprise-grade blockchain-based data marketplace infrastructure service. In a release issued on Wednesday, Nokia revealed that its new blockchain service reportedly offers […]

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LTC price hits 13-month high against Bitcoin — All-time high next for Litecoin?

May 6, 2021

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Litecoin continues to gain strength as traders’ attention shifts to a broader altcoin market against Bitcoin’s slowing uptrend. 9542 Total views 47 Total shares Litecoin (LTC) prices surged by up to 35% to hit a one-year high against Bitcoin (BTC) this week, prompting analysts to predict an extended upside momentum for the remainder of the […]

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Nasdaq-listed insurer Metromile plans $10M Bitcoin purchase

May 6, 2021

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The company will soon accept BTC payments for insurance premiums as part of a broader embrace of digital assets. 14023 Total views 31 Total shares Metromile Inc., a digital insurer headquartered in San Francisco, is making Bitcoin (BTC) a core part of its business operations, offering further evidence of the growing mainstream adoption of digital […]

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Digital Currency Group backs South Korean crypto exchange operator

May 6, 2021

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Streami, the company behind the popular GOPAX exchange, has received direct funding from Digital Currency Group. 8101 Total views 27 Total shares Digital Currency Group, the venture capital firm behind some of the biggest companies in blockchain, has become the second-largest shareholder of Streami, a leading cryptocurrency exchange operator in South Korea.  Barry Silbert, founder […]

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Indian startup organization proposes regulatory framework for crypto

May 6, 2021

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An internet startup association in India has asked the government to define cryptocurrencies like Bitcoin as digital assets and not currencies. 4683 Total views 39 Total shares IndiaTech.org, an industry association representing India’s consumer internet startups and investors, wants to provide clear definitions for the cryptocurrency industry. On Wednesday, the association released a white paper including […]

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Bitcoin clips $58K as Dogecoin stalls and adoption news fuels bulls

May 6, 2021

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New allocations from big business come as momentum behind the latest altcoin rally seems to shift away from familiar names. 15831 Total views 64 Total shares Bitcoin (BTC) touched $58,000 on Thursday as the latest phase of its comeback seemed to come at the expense of altcoins. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin […]

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Deep tech: Why C-suite execs are pursuing blockchain

May 6, 2021

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Blockchain is seen as a major area of interest among enterprises looking to invest in deep-tech solutions, a new report suggests. An industry-wide survey conducted by quantum computing firm Seeqc reveals that 67% of executive decision-makers fear falling behind competitors when it comes to emerging technologies. With this in mind, 57% of large enterprises are […]

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In crypto, sometimes the best thing you can do is nothing

May 6, 2021

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There exists a meme in the crypto world that goes something like this: “Whenever I buy, the market dumps, and whenever I sell, the market pumps.” Like a cliche, the widespread status of a meme is a sign that it contains an element of truth, as anyone who has spent five minutes on a trading […]

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South Korean Bitcoin miners can deduct electricity costs from crypto tax filings

May 6, 2021

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Crypto miners will be able to deduct electricity costs as business expenses when filing cryptocurrency taxes starting in 2022. 6619 Total views 67 Total shares Crypto investors involved in cryptocurrency mining may enjoy a significant tax break when the country’s digital currency tax regime commences in 2022. According to a report by Pulse News, South […]

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