Despite Crypto Market Downfall, World’s Largest Financial Institutions are Still Investing in Crypto

Despite Crypto Market Downfall, World’s Largest Financial Institutions are Still Investing in Crypto Sequoia, Baidu, Nasdaq, and Fidelity are amongst some of the largest VCs, technology conglomerates, and financial institutions to make big bets on crypto in the past week, both digital asset-related businesses and blockchain protocols are raising tens of millions of dollars from high profile institutions. Crypto Interest in not Dead yet On December 4, Nasdaq, the world’s second-largest stock market operator in the world, and Fidelity, the fourth largest asset manager in the global market, invested in…

Read More

Chinese Investors are Loosing Faith in Blockchain as Crypto Market Losses Exceed $706 Billion.

Chinese Investors are Losing Faith in Blockchain as Crypto Market Losses Exceed $706 Billion. The global cryptocurrency market has already seen more than $706 billion of its total market capitalization evaporate since hitting a peak in early January, according to research losses appear to be triggering a shakeout in the wider blockchain community in China. Many startups there are finding it increasingly difficult to gain access to capital as investors grow skeptical of the fundamental claims around digital currencies and the blockchain technology that underpins them. With visions of a…

Read More