Venture capitalists and angel investors are betting big on bitcoin’s appeal in emerging-market economies, a trend only reinforced by BitX’s latest fundraising announcement. The Singapore-based bitcoin services provider revealed today that it has raised $824,000 in a seed-funding round. Investors include London-based Ariadne Capital and Palo Alto-based investor Carol Realini, as well seemingly ubiquitous bitcoin-backer […]

Speaking on yesterday on Bloomberg TV’s Street Smart, SecondMarket CEO Barry Silbert claimed that the bitcoin industry is nearing a positive “inflection point” after downward-trending six months. Silbert was on the show to discuss SecondMarket’s buyers’ syndicate for the U.S. Marshal Service’s auction of nearly 30,000 BTC seized from the Silk Road, but the conversation […]

If the results of a new survey published by the Bitcoin Investment Trust (BIT) are to be believed, Wall Street and Silicon Valley investors are extremely optimistic about the future of bitcoin as both a financial tool and investment opportunity. The survey was backed by BIT’s parent company, SecondMarket, and responded to by a pool […]

It’s no secret that SecondMarket’s Barry Silbert has big plans for bitcoin. As one of the first wave of investors to bring bitcoin onto Wall Street, Silbert’s Bitcoin Investment Trust (BIT) already has some major money behind their initiative. With bitcoin prices dropping nearly 20% over the last week, it should come as little surprise […]