30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $30,985
Bitcoin price has fallen once again over the last 24 hours, currently heading towards support at $30,000.
Top-20 altcoins have also taken a small fall, with Ethereum falling over 4%, XRP dropping 3%, and Polkadot taking an 8% dive.
Top Stories for January 27, 2021
Billion-dollar crypto fund manager Pantera Capital is reported to be launching a new fund to cater to institutional investors.
Pantera CEO Dan Morehead recently stated on a podcast interview that numerous new Wall Street players and endowments are entering the market.
The company already runs multiple cryptocurrency funds, including a Bitcoin-only fund and an ICO fund.
USD Coin (USDC) issuer Circle has released a new API which connects the USDC stablecoin to USD through an automated clearinghouse (ACH) system.
The API will enable a much easier transfer of US dollar funds between traditional banks and blockchains, with FTX looking to be the first cryptocurrency exchange to make the integration.
Lloyd Blankfein, former CEO at Goldman Sachs, has claimed that governments are likely to attempt to “shut-down” Bitcoin if the cryptocurrency ever grew to a substantial size.
He noted Bitcoin’s recent success, adding that if he was a regulator, he would be “hyperventilating” and and “arming” himself to handle it.
The post Pantera Capital To Launch New Institution-Focused Fund – January 27 appeared first on BitcoinPrice.com.
Source: Pantera Capital To Launch New Institution-Focused Fund – January 27