Project D Alchemists

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Spanish Central Bank begins to look at State-Issued-Crypto

Central banks around the world have had generally negative views towards cryptocurrencies. However, the Spanish Central Bank, Banco de Espana (BDE), has just expressed a view that is slightly differe…

Goldman Sachs Is Setting Up a Custody Offering for Crypto Funds

Goldman Sachs Is Setting Up a Custody Offering for Crypto Funds Goldman Sachs could offer a boost for the burgeoning number of funds betting on cryptocurrencies. The financial firm is considering a p…

Total US debt now exceeds $21 trillion, and how this will land on the middle class.

Total US debt now exceeds $21 trillion, and how this will land on the middle class. The fact that the U.S. national debt has now surpassed $21 trillion raises a number of important concerns. What are…

Starbucks is about to accept Bitcoin

Ever since the rise of cryptocurrency, all investors and traders have been waiting for the day they could buy coffee at Starbucks with Bitcoin [BTC]. Now, the dream seems to be realized with the new…

Bitcoin Has Never Been In A Long Term Bear Market

Bitcoin (BTC) has never really been in a long term bear market. The price has traded in an ascending channel since 2011 according to the BNC:BLX weekly chart above. A long term bear market implies th…

Apple stock market cap hits $1trillion

Yup, thats 1 with 12 0s behind it. Apple briefly hits the $1 trillion mark, becoming the first publicly traded company in the U.S. to reach 13 figures in terms of market value. Apple shares topped $2…

$10.7 trillion custodian Northen Trust enters into Crypto Services

Financial services giant Northern Trust has significantly expanded its work with blockchain and cryptocurrencies across the companys internal divisions. In addition to adding a number of new blockcha…

First crypto hedge fund Pantera Capital predicts Bitcoin $67,500 by 2019 end

Bitcoin price will hover around $67,500 by the end of 2019, according to Pantera Capital Management, the leading US-based blockchain investment firm. In a blog post marking Pantera Bitcoin Fund's fif…

$500m Crypto Hedge Fund manage Mark Yusko sees Bitcoin at $500,000 by 2024

Earlier this year, Morgan Creek Capital raised enough capital to launch a $500 million cryptocurrency hedge fund. Anthony Pompliano (perhaps better known by his Twitter handle, “Pomp”), who runs Morg…