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 MoreAnalysts at research and brokerage firm Bernstein predict that liquidity in the crypto market will shift from memecoins to more utility tokens in the DeFi, gaming, and NFT sectors.
Read More