Bitcoin price pushing crypto fund raising and M&A activity: PwC report
The strong price of Bitcoin driving crypto deals, especially reverse mergers in the industry, according to a new PwC crypto funds report.
The strong price of Bitcoin driving crypto deals, especially reverse mergers in the industry, according to a new PwC crypto funds report.
Still, median asset under management at crypto funds increased three-fold in 2018 even as the Bitcoin price fell 73%.
Hangzhou-based e-commerce giant Alibaba has filed more than 10 per cent of the world’s patent applications for blockchain in a sign of China’s ambitions to dominate the new technology.