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Posted on 02/06/2022

Canonical Crypto Launches $20M Inaugural Fund Backed by Marc Andreessen, Chris Dixon

Canonical Crypto expects to invest in 40 to 50 projects with the first fund, writing checks ranging from $250,000 to $500,000 for pre-seed to seed round investments. The firm will ... ( read original story ...)

Posted on 02/06/2022

Crypto On June 2: Top Coins Dip But Crypto Continues To Get Mainstream

Top cryptocurrencies continued to dip Thursday in tandem with the U.S. tech stocks. However, the ongoing developments in the industry indicate that cryptos are on the road to becoming mainstream. The ... ( read original story ...)

Posted on 02/06/2022

Pear VC’s Anand Iyer goes solo with new $200M fund for crypto developer tools

Iyer has raised $20 million in what he says was an oversubscribed round for his inaugural fund, Canonical Capital, he told TechCrunch. Participants in the fundraise include a number of family offices ... ( read original story ...)

Posted on 02/06/2022

‘Brace Yourself’—Wall Street Legend Issues A Serious Fed Warning As A New Crypto Crash Hits Bitcoin, Ethereum, BNB, XRP, Solana And Cardano

JPMorgan chief executive Jamie Dimon has warned investors need to brace themselves for an economic "hurricane"—predicting market volatility as the Fed implements its policy of "quantitative ... ( read original story ...)

Posted on 02/06/2022

TerraUSD collapse will ‘probably be the end’ of most algorithmic stablecoins, crypto exec says

TerraUSD is an algorithmic stablecoin which was supposed to be pegged to the U.S. dollar. But it collapsed and sent shockwaves through the crypto market. ( read original story ...)

Posted on 02/06/2022

Cryptocurrency market crash reason: Why crypto is falling today

Why is crypto falling today? This is one of the big questions on the minds of crypto investors and traders, especially after a number of top cryptos recorded some gains this week ... ( read original story ...)

Posted on 02/06/2022

Japan’s Nikkei edges back from 6-week high as Astellas, Sony drag

Winners and losers were closely balanced, with 113 of the index's 225 component stocks falling versus 108 that rose and four that were flat. ( read original story ...)

Posted on 02/06/2022

Japan shares lower at close of trade; Nikkei 225 down 0.16%

Investing.com – Japan equities were lower at the close on Thursday, as losses in the Mining, Power and Precision Instruments sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 fell ... ( read original story ...)

Posted on 02/06/2022

Tokyo Shares End Up After Surges On Wall Street

Tokyo stocks closed higher on Monday, extending gains on Wall Street, with investors shifting their focus to global economic indicators due this week. ( read original story ...)

Posted on 02/06/2022

Crypto Crash Latest Update (6/1): Top cryptocurrency prices fall again; Bitcoin, Solana, Ethereum, XRP bleed

After rising to  $1.31 this week, the volatile global crypto market cap once again crashed to $1.23 trillion over the last day ... ( read original story ...)

Posted on 02/06/2022

Crypto Market Daily Highlights – June 1 – Investors Hit with US Stats

It was a bearish start to the month for the crypto market, with the top ten cryptos seeing heavy losses. A pickup in US manufacturing sector activity led investors to bet on a more aggressive Fed ... ( read original story ...)

Posted on 02/06/2022

VC funding for crypto projects fell in May, but many investors remain bullish

In 2022, capital is being deployed into crypto at a less noteworthy pace month over month, but in the grand scheme of things, levels are significantly higher than last year, showing that the space has ... ( read original story ...)

Posted on 02/06/2022

Japan price pressures mount as firms ditch ‘deflation’ model, says BOJ official

Japan may see inflationary pressure build as more companies shift away from a business model that worked under a prolonged period of deflation, Bank of Japan board member Seiji Adachi said on Thursday ... ( read original story ...)

Posted on 02/06/2022

Crypto market reverses course after strong start to the week

Bitcoin dropped more than 6.5% in the past 24 hours to trade below US$30,000 as the world’s largest cryptocurrency by market capitalization gave up most of the gains made over the U.S. holiday weekend ... ( read original story ...)

Posted on 02/06/2022

Japan’s Nikkei retreats from 6-week high as Astellas, Sony drag

The Nikkei fell 0.17% to 27,411.58 as of the midday break, but was off the day's lows at 27,251.24. Tech had been the worst-performing sector most of the morning, but entered the break 1.08% lower, ... ( read original story ...)

Posted on 02/06/2022

Crypto Gets Its Very First Insider-Trading Indictment

A Harvard grad and former poet faces up to 40 years for allegedly front-running NFT sales as the feds crack down on crypto. ( read original story ...)

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