The crypto industry’s “investable universe” is shrinking as markets mature, according to NYDIG research head Greg Cipolaro. He argues that only a limited set of blockchain applications can attract sustained investor capital, and the broader Web3 vision may need recalibration. Cipolaro said investors now focus on applications that extend traditional
The recent U.S. presidential election, resulting in a significant win for President-elect Donald Trump and the Republican Party, has intensified the spotlight on Bitcoin as an essential asset, according to Greg Cipolaro, Global Head of Research at New York Digital Investment Group (NYDIG). Cipolaro strongly believes that the election outcome
Though the year 2022 is nearing its end, the aftermath is ought to be seen throughout the year 2022. The American Bitcoin (BTC) mining firm Greenidge, seems to be the latest tragic firm to nearly shut down itself, filing bankruptcy in the year 2022. Ever since Greenidge started off their
Almost the entire banking sector and credit unions suffered miserably ever since the cryptocurrency industry spiked. Now, the miserable fate reverses back to the banks and credit unions as 650 banks and more credit unions offer the purchase of Bitcoin (BTC) through them. NYDIG and NCR’s Efforts The New York
$5 million funding round on June 9 announced by Luxor. Switch exert a profit-switching method. China continues to crack down on crypto mining operations. Luxor, a Seattle-based mining software company has closed a Series A funding round led by NYDIG. A leading technology and financial services firm dedicated to Bitcoin
