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Markets Update: Bitcoin Cash Jumps Ahead as Crypto Prices See Fresh Gains
19.5.2019
Digital asset markets jumped in value over the last 24 hours as most cryptocurrencies have gained 8-13%. Since our last markets update the entire cryptoconomy has increased by $33 billion and this Sunday bitcoin cash (BCH) lead the top ten pack once again with a 12.9% gain in the last day. Also...
Banks Fined $1.2 Billion For Forex Discrepancies, “Long Bitcoin, Short The Bankers” Proven Again
17.5.2019
Famous crypto analyst and news editor Anthony ‘Pomp’ Pompliano tweeted on Monday that multiple banks have been fined for approximately $1.2 billion. The tweet comes after reports surfaced stating that four giant banks, RBS, Barclays, Citigroup, and JPMorgan, have been fined by...
European Union Fines 5 Top Banks 1 Billion Euros for Foreign Exchange Market Rigging
17.5.2019
Over the course of their history, some of the biggest banks in the world have often colluded to rig the different markets in which they operate, and much of that has come out in the open over the past decade or so. The fixing of LIBOR was a case in point, and in a new …
The post European...
Indonesia To Invest A Massive $412 Billion On Rebuilding The Country
16.5.2019
Indonesia President Joko Widodo’s is planning to make a huge investment of $412 billion on rebuilding the country’s infrastructure. It is also thought of as being a strategy to boost the country’s economy beyond Java, which is its nerve-center. The plan is to build newer power plants, upgrade...
Brian Armstrong: Coinbase Custody Has $1 Billion of Crypto Under Management
15.5.2019
In just 12 months after its launch, Coinbase Custody already has $1 billion in crypto under management, CEO Brian Armstrong says
Coinbase Custody Now Has $1 Billion of Crypto Under Management, CEO Says
15.5.2019
At Consensus 2019, Coinbase CEO Brian Armstrong said the exchange's custody service has been onboarding $150 million in assets under management each month
Bitcoin Alone Adds $145 Billion To The Total Market Capitalization In This Season of Bull Run
15.5.2019
Bitcoin proves itself to be the one right thing for digital-asset enthusiasts during the sudden resurgence in cryptocurrency prices, while currently, the bulls are trading at a price above $8000 in the cryptomarket. Today, Bitcoin value is as equivalent as a phase in the Bull Run of 2017. Market...
Fintech Firm Billion Seals $2.1 Mln European Commission Grant for Blockchain System
15.5.2019
Fintech firm Billon has reportedly sealed an almost €2 million grant from European Commission’s SME Instrument program for its blockchain document management system
CME’s Bitcoin Futures Break Records With $1 Billion in Notional Volume
15.5.2019
The world’s largest options and futures exchange, Chicago Mercantile Exchange & Chicago Board of Trade (CME Group) and its bitcoin futures contracts saw an all-time high on May 13. According to CME’s records, the exchange recorded 33,700 contracts on Monday which represented...
CME Group Bitcoin Futures Hit $1.3 Billion Amid Parabolic Advance
14.5.2019
CME’s bitcoin futures hit $1.3 billion in volume as bull market continues
Markets Update: Crypto Prices Continue to Gather Bullish Momentum
14.5.2019
Digital asset markets have been surging over the last 24 hours as the market valuation of the entire cryptoconomy has gained over $20 billion. Moreover, global trade volume has been significant, crossing $85 billion worth of coins swapped in the last day. Also read: Bitcoin’s Software...
Kadena Blockchain to Launch This October With $3 Billion Asset Manager Onboard
13.5.2019
Multi-million dollar enterprise blockchain startup Kadena announced today it would be launching its own public blockchain network in October
Bitfinex’s Private Token Sale Raised $1 Billion in 10 Days, Exec Says
13.5.2019
Cryptocurrency exchange Bitfinex raised $1 billion via a sale of its exchange token LEO in just 10 days, according to the firm's CTO
Bitfinex CTO Reinforces Rumors Exchange Has Raised $1 Billion in IEO
13.5.2019
According to Bitfinex’s CTO, the platform has succeeded in raising $1 billion via a token sale to private investors
Bitfinex Raises USD 1 billion, CTO Claims
13.5.2019
Major cryptocurrency exchange Bitfinex "is able to raise" 1 billion tethers (c. USD 1 billion) "in 10 days, in a private sale," Paolo Ardoino, Chief Technical Officer of the exchange, confirmed, later adding that the investments "were made."
"Private companies, giants in our industry and outside...
Markets Update: Crypto Bulls Outpace Stocks and Gold
11.5.2019
Cryptocurrency markets have been doing extremely well over the last 48 hours, making a lot of prior skeptics think the bearish crypto winter may have ended. Since our last markets update three days ago, the entire cryptoconomy has gained close to $33 billion in value and trading sessions over...
Ford Motor To Invest $11 Billion In EV
11.5.2019
Ford which was among the leading automakers in the world has of late faced many challenges due to which it had to make the biggest transformation since its inception about a century ago. The focus of the company right now has shifted from passenger vehicles to electric vehicles and self-driving...
Uber Sets $82 billion As Floating Price of the Company
11.5.2019
Uber, the ride-hailing company has valued its initial public offering at the New York Stock Exchange at $82.4 billion which is the lower end of the target range. The company is hoping to not make the same mistake as its competitor Lyft which had priced its shares at $72 for a share, but its price...
Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility
10.5.2019
Morgan Creek-backed blockchain equity loan platform Figure secured a $1 billion “uncommitted” financing facility via blockchain
Ex-SoFI CEO’s Startup Closes $1 Billion Credit Line on a Blockchain
10.5.2019
Figure Technologies, founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain