One River Digital secures the first-ever raise to scale its crypto-focused institutional investment efforts.
The cryptocurrency paradigm was heralded by the launch of Bitcoin (BTC) in 2008, inspiring a new technological and social movement. The goal of cryptocurrencies is to provide a medium for global, peer-to-peer transaction settlement that preserves privacy and financial security.
A cryptocurrency monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties such as central banks, corporations or governments. Cryptocurrencies are powered by cryptographically secure, verifiable transaction databases called blockchains, which provide their security and transparency.
A cryptocurrency network consists of a global community of stakeholders, including the validators that secure the network while adding transactions to the blockchain, the traders who speculate on these radically market-driven assets, and the builders working to onboard people to this new financial paradigm.
At Cointelegraph, we are chronicling the ongoing story of cryptocurrency and the rise of a borderless, permissionless financial system. How will industry stakeholders work to make crypto a mainstay in people’s lives? How will crypto investments change the paradigm of the current financial system? And will incumbent and legacy systems accept or fight this change?
Stay tuned: Cryptocurrencies are going to play a big role heading into the future.
The sharp bounce back in the Avalanche market still faces risks of exhaustion as the price forms a bearish wedge setup.2081
Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs.1910
A new survey suggests that most Salvadorans still don't have a clear understanding of Bitcoin or crypto.1628
Banking giant HSBC echoes global stablecoin concerns, calling for regulation to be equivalent to its adoption level.3035
Genesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021.2480
On Tuesday, SEC Chair Gary Gensler re-confirmed his plan to crack down on cryptocurrencies, and traders’ regulatory concerns are confirmed by this key Bitcoin futures and options indicator.8899
High-profile NFT sales have dominated the headlines, but the deeper analysis shows that most NFTs are worthless and that the market is highly illiquid.12422
Ether price is stuck in a rut, but derivatives data shows pro traders are bullish even with ETH below $3,000.14214
"We’ve got a lot of casinos here in the Wild West, and the poker chip is these stablecoins at the casino gaming tables," said Gary Gensler.6712
Ether’s impressive YTD gains have largely been overshadowed by the profits accrued by other smart contract-enabled projects.5075
Crypto doesn’t pose a big risk for the financial system until it’s adopted enough to be less volatile, the NBU said.4030
The app offers customers the ability to manage all PayPal-related transactions from a single dashboard.10483
Three new crypto ETNs are now live on Deutsche Boerse, following previous ETN listings on BTC, ETH, BCH and LTC.8484
Miami’s mayor believes that if city-specific cryptos succeed, it would mean residents “won’t have to pay a cent in tax.”8931