A well-known American businessman is about to participate in his first initial coin offering, just a few weeks after calling the digital currency “a bubble.”
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Digital currency exchange Coinplug has raised $5 million from such investors as SBI Investment and Tim Draper after closing Series B funding round.
The connected door bell company Ring scores Richard Branson as an investor and doubles its rank, while increasing the popularity of the Internet of Things.
The Bitcoin Investment Trust, which began trading on May 4, is believed to boost the acceptance of digital currency by investors.
XBT Provider AB has created a first bitcoin-based financial instrument, called Bitcoin Tracker One, that will be traded on a regulated exchange.
The Winklevoss twins has discussed digital currency at annual tech conference SXSW Interactive Festival.
“Bitcoin has faced many hurdles in its quest to become a real alternative to cash, yet the digital currency has proven tenacious”, Adam Tepper predicts what the year ahead will hold for bitcoin.
Venture capitalist Tim Draper recently wagered about $400,000 that Bitcoin will rebound from its recent plunge.