Day

November 22, 2020
PayPal’s recent leap into the crypto market is helping to drive the current bitcoin (BTC) rally, according to Pantera, a prominent cryptocurrency and blockchain investment firm. In an investor letter published Nov. 20, the venture firm compared the ongoing bull market to the last time BTC rose above $18,000, three years ago.  “Previously the friction to...
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China’s President Xi Jinping told G20 meeting attendees this week that the group of the world’s largest developed economies should be open to central bank digital currencies (CBDCs) when developing standards for them. In a wide-ranging speech that addressed the future of the global economy in the wake of the COVID-19 pandemic, Xi said that...
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The Covid-19 pandemic has prompted the most remarkable ambitious and collaborative response from across the world in human history. New and formidable partnerships have been forged across the healthcare sector to hasten the discovery, manufacturing, and delivery of cutting-edge innovations. In the pharmaceutical industry, scientists continue to work around the clock to develop and test...
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Cryptocurrency firm Pantera Capital has raised $134 million for its bitcoin fund, according to a form D filing with the U.S. Securities and Exchange Commission. Formed in 2013, the Pantera Bitcoin Fund Ltd. was the first U.S.-based bitcoin fund. In an investor letter at the end of 2017, Pantera boasted a 25,004% return on the...
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At first, Lazarus Chakwera’s visit to South Africa, the regional superpower, was going really well. Malawi’s newly elected president had a good meeting with his counterpart, Cyril Ramaphosa, in Pretoria last Friday, and signed an important economic co-operation deal. At about 1pm, Chakwera returned to the Sefako Makgatho presidential guesthouse to rest before his flight...
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