Tag: investment

Bitcoin's April 18th Price? Why Responsibility Demands You Ignore the Hype

Bitcoin's April 18th Price? Why Responsibility Demands You Ignore the Hype

You've seen the headlines. You've heard the whispers. April 18th, 2018, has been circled on some digital calendar as the day Bitcoin either skies high into the universe forever or slams back down to Earth. Predictions are flying left and right for BTC, ETH, XRP…the entire crypto circus. Before you...

Web3's $400M Fund Freeze: Proof Market Values Lost Their Way

Web3's $400M Fund Freeze: Proof Market Values Lost Their Way

ABCDE's decision to halt new investments and scrap fundraising for a second fund isn't just another headline. It’s a blaring klaxon for anyone still clinging to the illusion that Web3 is a gold rush built on solid ground. $400 million, frozen. That’s too much money to just up and decide...

Web3 Fund ABCDE Stops Investing: What's Next for Crypto Startups?

Web3 Fund ABCDE Stops Investing: What's Next for Crypto Startups?

The Web3 landscape is an ever-changing space. Recent news from ABCDE, a $400 million Web3 infrastructure investment fund, has created waves across the industry. The fund has suspended making new investments and stopped its second fund’s fundraising process. This important decision will likely have large ramifications for crypto startup companies...

Web3 Investment Fund ABCDE Ceases New Investments and Fundraising

Web3 Investment Fund ABCDE Ceases New Investments and Fundraising

ABCDE, once one of the largest home-grown $400 million Web3 investment funds, recently announced that it will stop making new investments and fundraising. This decision comes despite the fund continuing to perform well, still boasting an IRR that is competitive worldwide. The fund will inside continue to primarily orient itself...

Metaplex's $7M SOL Grab: A Necessary Evil or Crypto Colonialism?

Metaplex's $7M SOL Grab: A Necessary Evil or Crypto Colonialism?

Fifty-four thousand SOL. That’s about $7.3 million dollars in royalties sitting there waiting to be claimed, and Metaplex wants to clean it up. They describe it as for the DAO, for development, for the community. Let's cut the corporate speak: what about the little guy? The user who might not...

The "Antiques Roadshow" Effect Proven in NFT Market

The "Antiques Roadshow" Effect Proven in NFT Market

Soogand Alavi, the assistant professor of marketing who provided the prototype. He recently penned a paper in the International Journal of Research in Marketing, where he analyzed how provenance affects NFT trades. Her research reveals an intriguing connection between the NFT marketplace and other collectibles from across history. This relationship...

Metaplex's $6.5M NFT Grab A Betrayal Of Crypto's Core Promise

Metaplex's $6.5M NFT Grab A Betrayal Of Crypto's Core Promise

Now the dust is settling around NFTs. Now that the early crypto-adopter-aesthetic has worn off, we are left grappling with the Wild West’s brutal realities. Metaplex, a Solana-based NFT platform, is about to be the beneficiary of more than $6.5 million in unclaimed SOL tokens. This luck stems from the...

Metaplex's $6.5M SOL Sweep: Lawsuit Incoming?

Metaplex's $6.5M SOL Sweep: Lawsuit Incoming?

Additionally, Metaplex just completed a sweep totaling around $6.5 million in SOL, Solana’s native currency. This enforcement action against stagnant candy machines emphasizes the protocol’s use in NFT creation on the Solana blockchain. This move, intended to bolster the Metaplex DAO treasury, has sparked considerable debate and raised serious legal...

Tether's Triumph A Wake-Up Call For Regulation Skeptics

Tether's Triumph A Wake-Up Call For Regulation Skeptics

The crypto market's resurgence, spearheaded by firms like Tether, Galaxy, and Ledn, isn't a victory cry for deregulation. It's a blaring alarm demanding responsible regulation. Think of it like this: a toddler learns to walk, stumbles, falls, and then gets back up. Do you pull all the safety supports and...

Ark Invest's $2.4M Bitcoin Bet: Genius or Just Hype?

Ark Invest's $2.4M Bitcoin Bet: Genius or Just Hype?

Ark Invest, the firm headed by Bitcoin bull Cathie Wood, is one of the most outspoken proponents of this thesis, predicting Bitcoin will hit $2.4 million by 2030. Naturally, this bullish long-term crypto forecast got everyone's attention in the crypto world, creating both a buzz and some skepticism. BlockTraderHub.com is...