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Alexis Ohanian’s VC Firm to Invest $177 Million in Cryptocurrencies (Report)

Seven Seven Six – a US-based venture capital firm founded by Reddit’s creator Alexis Ohanian – will reportedly raise a $177 million fund to invest in the cryptocurrency market. The…

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The Fed’s Approach to Inflation Harms Crypto, Says Bitfury’s CEO

Brian Brooks – Chief Executive Officer of the crypto infrastructure provider Bitfury – thinks the Federal Reserve’s approach to tackling inflation is one reason for the current downturn. He also…

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Three Reasons Why BTC is Trailing Alts During the Bear Market: Genesis

Joshua Lim – Head of Derivatives at Genesis Trading – recently provided a breakdown of Bitcoin’s late underperformance against the rest of crypto.  He provided 2 metrics indicating that Bitcoin’s…

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Bitcoin and Asian Equity Markets’ Return Correlation Increased 10x Over Pandemic: IMF

Before the world was hit by COVID-19, crypto assets such as Bitcoin and Ether showed little correlation with financial markets. Post-pandemic, the lines have become increasingly blurry. In a new…

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Bitcoin Volatility Amplifies as Fed Chair Speaks at Jackson Hole

Federal Reserve chairman Jerome Powell spoke about FOMC’s future goals at the annual Jackson Hole symposium on Friday. He said that FOMC’s overarching directive remains to bring inflation back down…

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