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.
Tag: PwC
Global crypto hedge funds lost 50% in 2018 amid bear market: PwC report
Still, median asset under management at crypto funds increased three-fold in 2018 even as the Bitcoin price fell 73%.
Alibaba leads China’s drive to establish leadership in blockchain technology
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.