Stock Groups

Hodler’s Digest, May 22-28 -Breaking


JPMorgan sees higher BTC price potential, a16z unveils $4.5 billion crypto fund and PayPal hints at more crypto involvement: Hodler’s Digest, May 22-28

Andreessen Horowitz shuts down $4.5 billion crypto fund in market turmoil

Andreessen Horowitz or the a16z venture capitalist has announced a new cryptocurrency fund worth $4.5 Billion. It is the fourth fund of this type and nearly doubles the size of its previous crypto investment fund. The fund has $3 billion to be used for venture investments, and $1.5 million for projects that are early-stage. It will invest in businesses at all stages of their lives. Andreessens latest fund serves as a strong indicator of how venture capital interests in the cryptocurrency market remain high, despite recent bear markets.

JPMorgan (NYSE) sets BTC’s fair price at $38K and declares crypto as a preferred alternate asset

JPMorgan sent a note to clients this week describing its views on the. The bank giant claimed that the asset’s fair value is $38,000. This seemingly optimistic outlook comes on the heels depressed Bitcoin price action, which was rangebound at below $30,000. JPMorgan strategists claimed that the fair market price of $38,000 even when BTC was worth $43,000 was fair value in February. JPMorgan’s client note for this week pointed out that there is potential to be positive price movement in the whole crypto space if venture capital investments don’t wane.

WeF 2022: PayPal (NASDAQ) aims to include all crypto- and blockchain services

GameStop (NYSE) announces beta cryptocurrency wallet, NFT platform and NFT service

A Korean watchdog conducts a risk assessment on crypto.

Bitcoin prices could fall to $15.5K when it tests this historical lifetime support level

‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam

LunarCrush reports that crypto spam has increased by 4,000% over two years.

From hacked Beeple account, targeted Phishing scam nets $438K crypto and NFTs

The Moon ‘created’ his lavish reality and says you can, too

Crypto has the potential to change how aid agencies provide assistance and services.

How Terra’s collapse will impact future stablecoin regulations

Continue Reading on Coin Telegraph