Cryptocurrency venture capital financing reached 2.6 billion U.S. dollars in the first quarter, exceeding last year.By LNN
According to data from CB Insights, in the first quarter of this year, 129 startups focusing on blockchain digital technology around the world raised a total of approximately US$2.6 billion, surpassing the entire year of 2020. In 2020, startups in this field had raised $2.3 billion in 341 venture capital investments.
This growth was driven by several rounds of large-scale financing of startups, including crypto lender BlockFi, game developer Dapper Labs, and crypto wallet provider Blockchain
Hello guest! Please register or sign in (it's free) to view the hidden content. In Visa’s fiscal Q1 2021 earnings call yesterday (via The Motley Fool), Kelly took a moment out of his introductory statement to specifically touch on crypto and the opportunity he sees in the space. He detailed Visa’s case for being the largest financial services brand in the industry via its partnerships with 35 platforms and wallets
“In this space, we see ways that we can add differentiated value to the ecosystem,” said Kelly. “And we believe that we are uniquely positioned to help make cryptocurrencies more safe, useful and applicable for payments through our global presence, our partnership approach and our trusted brand.”
If you thought the Paypal news had an impact, wait until Visa jumps in the pool.
By Money & Finance
Litecoin seems to be the one that will survive alongside Bitcoin long-term. What do you think?
Ethereum purchases seems to be another way to run their network... so as long as their network is running I guess it could go on.
By Michael Krewson
It is interesting to see so many different people around the world from different nations going in on this.
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via .ORGWorld News
By The Librarian
Bitcoin was developed to replace the current banking system which has failed most of humankind.
Its growth is almost exponential and it will soon threaten the US dollar and gold as the International Reserve currency of choice.
How much longer until the prophecy at Ezekiel 7 is fulfilled where it says:
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of theÂ Lord:Â they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity. Another version says:
Â“Â‘They will throw their silver into the streets, and their gold will become abhorrent to them...."
Some might ponder whether the rising growth of Bitcoin can be seen as a barometer for the proximity of Armageddon?
Estonia is planning to launch the Estcoin in a bid to become a global ICO hub, VentureBeat reports. If it achieves this goal, Estonia would be the first nation to launch a cryptocurrency. Kaspar Korjus, managing director of Estonia’s e-residency program, which allows individuals to obtain Estonian citizenship without living in the country, detailed the proposal for the e-tokens in a blog post on Monday. Â“By not embracing crypto, governments are failing to unlock a powerful driver of economic growth and risk losing relevance entirely,Â” Korjus wrote in the post.