Tag: Firm

VC Firm Co-Founder Warns of Bitcoin Collapse

In a recent post, investor Chris Burniske expressed the belief that a bottom is looming for the top cryptocurrencies. Burniske predicts that Bitcoin and Ethereum could dip as low as $20,000 and $1,000, respectively, with top altcoins, except Solana (SOL), hitting new lows. Notably, BTC retraced from $28,000 to slightly above $27,600, with ETH seeing a similar decline in the past few days.  Crypto Analysts Predicts Market Bottom Ahead Of Bull Run According to the founder of Placeholder Capital, Chris Burniske, a bull market will likely begin soon. However, the analyst…

Bankrupt CeFi firm Haru Invest hints at asset recovery

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Bankrupt South Korean yield platform Haru Invest says it will return users’ assets, although no particular timeframe is given. In a questions and answers session on October 2, Hugo Lee, Haru Invest’s CEO, said the firm has a plan for “phased asset recovery and distribution” in several rounds through the disposition of recovered assets. Lee wrote:  “To note, however, as legal procedures including rehabilitation and cooperation with investigative agencies are still underway, we are essentially unable to distribute the assets on our own. Hence, predicting and telling you the asset…

Crypto Investment Firm Deus X Capital Launches With $1B in Assets

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Crypto Payments Firm Circle (USDC) Rolls Out Tokenized Credit Protocol Perimeter, Unveils Circle Research Division

“We’ve seen the great utility stablecoins and USDC have brought to developers, corporations, end-users and more across an array of use cases, including for global lending markets within DeFi,” the company said in a blog post. “However, for new entrants to participate in these markets, the ability to securely unlock credit on-chain through safe standards and underwriting, represents a significant barrier to entry.” Source

AI Firm AlphaSense Raises $150M in Series E Funding Round at Valuation of $2.5B

Earlier this year, AlphaSense closed a Series D funding round with $100 million. AlphaSense, an artificial intelligence (AI) company with years of experience in developing products that are used by the majority of S&P 500 companies, has announced the closure of a Series E funding round with $150 million secured at a total valuation of about $2.5 billion. According to the announcement, AlphaSense’s series E funding round was led by Bond, a global technology investment firm, with notable participation from Alphabet Inc (NASDAQ: GOOGL) backed CapitalG, Viking Global Investors, and…

Google and Goldman Sachs-backed AI firm AlphaSense raises $150M at $2.5B valuation

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AlphaSense, a business-to-business artificial intelligence (AI) platform specializing in business intelligence and search, announced the successful completion of a $150 million Series E funding round led by Bond and joined by Google parent company Alphabet’s investment arm, CapitalG, as well as Goldman Sachs and Viking Global. The latest round saw the company’s valuation grow from $1.7 billion, its value upon raising $225 million during its Series D in June of 2023, to $2.5 billion. Today, we are incredibly proud to announce a $150M Series E funding round led by the…

Research Firm Reveals Its “Altcoin Trading Playbook”

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A research firm has revealed an altcoin trading playbook that could serve as a guide for navigating the next cryptocurrency bull run. K33 Research Shares Its Altcoin Trading Playbook In a new post on X, K33 Research (formerly Arcane Research) explained that new altcoins make better trades than old ones. The firm has given a few reasons for why this is so. “In lack of price-driving fundamentals, the narratives and liquidity matter,” explains the research organization. “And new coins generally outperform old coins.” K33 Research has used the example of…