Smart money ignores BTC price correction as $ 800million slated to pour into blockchain startups on December 9

Bitcoins ( BTC ) return to levels below $ 50,000 has many market players who are concerned about the legitimacy of their preferred prici...



Bitcoins (BTC) return to levels below $ 50,000 has many market players who are concerned about the legitimacy of their preferred pricing models. For venture capitalists and other smart investors, the latest drop is nothing but noise. Instead, they see the emergence of a whole new economy that transforms business, redefines monetary value, and pushes the internet to a new frontier.

This week’s Crypto Biz newsletter highlights four major funding deals from the blockchain world. Below is a concise version of the Thursday edition of our newsletter.