In late December, former fortress macro fund manager and crypto billionaire shelved plans to launch his cryptocurrency fund because he expected it to drop to $8,000, noting that the Bull Market is not over (ZeroHedge).
With the goal of shifting the view on crypto to the legitimate asset it is, and not only the currency linked to crime, Forbes categorized the list into five categories: Idealists, builders, Opportunists, infrastructure players and establishment investors (Cointelegraph).
Back in December, a tax reclaiming scheme attracted negative press after confirmatory comments it’s continuing (Cointelegraph).
The man who helped invent the financial embargoes that cut off terrorist funding after 9/11 is concerned that cryptocurrencies could be used to undermine his creations (Coindesk)
Though it’s ‘investing 101’ advice, CEO Peter Smith’s stance on crypto is: “Buy crypto in amounts you’re not worried about, and sell it whenever you start thinking about it” (Coindesk).
The last few days marks the first time in weeks that the price hasn’t been in a consistent landslide, and has been gaining (The Independent).
On a 24-hour-basis, the 15 largest cryptocurrencies by market cap showed double-digit gains (CNBC).
Tyler and Cameron Winklevoss, who made and lost money via Bitcoin, said, “We think regardless of how the price moves in the last few weeks, it’s still aa very under-appreciated asset” (Fortune).