Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

JPMorgan sees higher BTC price potential, a16z unveils $4.5 billion crypto fund and PayPal hints at more crypto involvement: Hodler’s Digest, May 22-28

Cryptocurrency May 29, 2022 05:00PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
JPMorgan sees higher BTC price potential, a16z unveils $4.5 billion crypto fund and PayPal hints at more crypto involvement: Hodler’s Digest, May 22-28

Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil

Venture capital player Andreessen Horowitz, or a16z, has unveiled a new $4.5 billion cryptocurrency fund. The a16z fund is the fourth of its kind and more than double the amount of its third crypto investment fund. With $3 billion earmarked for venture investments and $1.5 billion for early-seed projects, the fund will look to invest in companies at various stages in their life cycle. Andreessens new fund provides a strong indicator that venture capital interest in the crypto market remains high despite evidence of a brutal bear market.

JPMorgan (NYSE:JPM) places BTC fair price at $38K, declares crypto a preferred alternative asset

A client-focused note from JPMorgan this week detailed the banking giants thoughts on Bitcoin, claiming $38,000 as the assets fair value. The seemingly bullish outlook came on the heels of depressed price action for Bitcoin, which has been rangebound below $30,000. But even in February, when BTC was valued at $43,000, JPMorgan strategists said that $38,000 was fair market value. This weeks client note from JPMorgan also pointed to the possibility of positive price action for the entire crypto space provided venture capital investment doesnt waver.

WEF 2022: PayPal (NASDAQ:PYPL) looks to embrace all possible crypto and blockchain services

GameStop (NYSE:GME) unveils beta cryptocurrency wallet and upcoming NFT platform

Korean watchdog begins risk assessment of crypto as Terra 2.0 passes vote

Bitcoin price may bottom at $15.5K if it retests this lifetime historical support level

‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam

Crypto spam increases 4,000% in two years LunarCrush

Targeted phishing scam nets $438K in crypto and NFTs from hacked Beeple account

The Moon ‘created’ his lavish reality and says you can, too

Crypto is changing how humanitarian agencies deliver aid and services

How Terra’s collapse will impact future stablecoin regulations

The best of blockchain, every Tuesday


By subscribing you agree to our Terms of Service and Privacy Policy

Continue Reading on Coin Telegraph

JPMorgan sees higher BTC price potential, a16z unveils $4.5 billion crypto fund and PayPal hints at more crypto involvement: Hodler’s Digest, May 22-28
 

Related Articles

Cryptoverse: Electric ether leaps on verge of Merge
Cryptoverse: Electric ether leaps on verge of Merge By Reuters - Aug 16, 2022

By Medha Singh and Lisa Pauline Mattackal (Reuters) - It looks like ethereum's mega-upgrade is happening. Finally. After years of delays, the "Merge" seems all but certain to...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Madi Azibayev
Madi Azibayev May 29, 2022 11:31PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
🤭
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email