We had some interesting news in the cryptocurrency field this week, here are some highlights:

Binance Reveals Plan for $1 Billion Blockchain Startup Fund

It seems Binance have only good news lately! Now they plan to invest $1 billion into a fund of funds. The fund will break down to 10 phases in each phase they will invest $100 million in different blockchain projects!
Also, BNB coin looking good topping at $17.6 this week. The future seems bright for Binance.

Ripple Pumps $50 Million Into Academic Research on Blockchain

Haters gonna hate XRP but you can't ignore the fact that ripple is unstoppable. This week they announced that they setting aside millions of dollars to fund university-based research into blockchain and cryptocurrencies. Ripple says it will put over $50 million, as well as its own expertise and "technical resources," into funding the initiative's first group of university partners.

LinkedIn Co-Founder Is Raising $20 Million for Token Project

Eric Ly – LinkedIn's first chief technology officer and one of its founders – is raising funds for the Hub Token, which is tied to a forthcoming platform called ICOHub.

Apple Co-Founder Backs Dorsey: Bitcoin Should Become Web's Currency

Steve Wozniak Backs Twitter CEO and hopes that he is right that bitcoin will become the internet's "native currency".
The Apple co-founder also indicated his support for bitcoin compared to other cryptocurrencies, stating that "only bitcoin is pure digital gold...and I totally buy into that."

China Has Built a Blockchain System That Could Replace Paper Checks

China's central bank has finished work on a blockchain-based system that digitizes checks issued by domestic businesses, according to a senior official.
Very interesting to see the adoption of the blockchain technology!

Coinbase 'On Track' to Become a Regulated Securities Firm

Cryptocurrency exchange Coinbase announced Wednesday that it was making strides toward its goal of operating a federally regulated broker-dealer.
Maybe we will see in the near future more institutional money entering the crypto space?
Coinbase works hard to become the gateway for the institutional money to enter the crypto market.

I wish I could be inside the head of Jamie Dimon to understand what the hell is going on in his funny mind every time he speaks about bitcoin. This time all he had to say was: "I-- I don't wanna be the Bitcoin spokesman. You know, just beware." Yeah right, he don't want to be the Bitcoin spokesman after calling it a fraud..

As you can see the adoption curve of the crypto space grows exponentially - as the time pass more and more companies show their interest in cryptocurrencies!
Great news just keep coming - I just hope the prices will respond accordingly.

Have a nice weekend everyone!

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