Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Dogecoin, rising 18.45%.
Shares of Coinbase Global fell the most in more than two years after the largest U.S. crypto exchange posted results late Wednesday that were below Wall Street expectations. Total revenue increased to $1.21 billion, writes Bloomberg, less than analysts’ forecast of $1.25 billion. Superscrypt, a blockchain venture capital company backed by Temasek Holdings, plans to raise up to $100 million for its second investment fund, according to people familiar with the matter. Singapore’s state-owned investment company Temasek has been lined up as an anchor investor in the new fund alongside the New York-based fintech firm Republic, writes Bloomberg.
is CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors. The company’s no-load mutual funds include the Global Resources Fund , the World Precious Minerals Fund and the Gold Shares Fund .
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