Weekly Crypto Recap 31 March 2018

Wall Street Money Flowing into Crypto Market
Morgan Creek, a Wall Street Hedge Fund to Raise $500 Million for Blockchain Ventures
Morgan Creek believes blockchain to be one of the most powerful and valuable technologies to have been developed in the digital age. According to the company, the blockchain technology is one of the most promising innovations in the digital age and will create enormous investment opportunities.

It’s a Go for Crypto from French Finance Minister Le Maire
Le Maire has stated that cryptocurrencies have a big role to play in the global economy. Because of the impact on economies around the world, he thinks support needs to be given to their development and integration. During the G20 summit in Argentina, he said that he firmly believes this technology to have a very positive effect on all countries.

Students Use Loans to Fund Cryptocurrency Investment: Study
A survey of 1,000 college students shows that more than 21 % of students with student debt have invested their student loan money in cryptocurrencies. The study also shows that these students, the so-called millennials, are not much interested in the traditional markets.

Twitter Abruptly Bans Cryptocurrency Ads
Twitter has followed Facebook and Google on banning the cryptocurrency- and ICO-related advertisements on its platform. Ban took full effect this week on Wednesday, even though Twitter’s CEO Jack Dorsey has offered Bitcoin some of its highest praise in the recent years.