Bitwise Asset Management, one of the leading crypto asset management firms, has announced that it has raised $70 million from a range of major investors, including Electric Capital, MassMutual, and Haun Ventures. The company announced the news via a social media post on Tuesday.
Read MoreBernstein continues to maintain its Bitcoin price target of $200,000 within the next 12 months, viewing the current correction as a potential buying opportunity for investors. In a new report, analysts at Bernstein assert that a drop below $80,000 is a strategic entry point for Bitcoin, especially as they remain bullish on institutional and corporate capital flows.
Read MoreChangpeng "CZ" Zhao, co-founder and former CEO of Binance, has revealed his crypto portfolio on the Binance Square platform.
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