Tag: finance and funding

Jan 19 2021

Conflux Receives $5M Investment Fund From Shanghai Government

The People's Republic of China (PRC), though not a fan of cryptocurrencies, has shown major interest in its underlying technology - blockchain. In line with this, the government of one of China's major mainland cities, Shanghai, has invested $5 million in Conflux. Conflux is a Beijing-based blockchain startup company. The funding makes Conflux the first-ever public blockchain platform to be supported by the...

Jan 14 2021

Is Another Bitcoin Bubble About to Burst?

Bitcoin has hit $35,000 after another monumental rise, is it time to ask when this bull run will end and the bubble will burst once again, or is this time different. We look at the BTC chart in a way that discusses the rise in terms of financial market bubble economics. Bitcoin has had bubbles burst on a number of different occasions in...

Jan 06 2021

Top 10 cryptonews of 2020 | How Will They Shape 2021

Jan 06 2021 Published at Altcoin Buzz under tags  bitcoin defi finance and funding ripple uni

Despite the wild price swings in March 2020, Bitcoin closed the year very well-above its 2017 all-time high. In December 2020, the Bitcoin price jumped by 66.1%. Impressively, the astounding bitcoin price rally turned unstoppable after 17 December 2020, and bitcoin price crossed $34k. All in all, cryptocurrencies benefited from a diverse set of cryptonews in 2020. It started with the pandemic triggered...

Jan 04 2021

Bitcoin (BTC) on the Front Page of the Financial Times

The world's foremost cryptocurrency, Bitcoin, has been in the limelight for all the right reasons in recent times. Bitcoin (BTC), over the last couple of months, has recorded a massive price rally, spurring it far above its previous all-time-high (ATH) price. The crypto on January 3, 2021, commemorated 12 years since its iconic genesis block. Interestingly, Bitcoin attained a new ATH of $34,800...

Dec 24 2020

B21C Limited Receives Funding From CCIX Global

Dec 24 2020 Published at Altcoin Buzz under tags  b21 b21c ccix global finance and funding

B21C Limited, a digital asset investment company, recently announced that it has received funding from CCIX Global, a global investment firm. According to a report, this financing comes in the form of tokens and equity. As a result of this financing, Vishal Uttam, the founder of CCIX Global,...

Dec 23 2020

Hashed Raised $120M With Hashed Venture Fund I

Hashed, the leading Korean crypto asset and venture fund, has been partnering with blockchain innovators to accelerate the mass adoption of blockchain. The platform...

Dec 18 2020

Union Finance Raises $3M To Bring Zero Collateral Credit To DeFi

Union, a decentralized finance protocol, has completed a funding round for the development of a global, permissionless credit network base for Ethereum-based platforms. Union is a little different from the majority of DeFi protocols in that it works without the need for collateral or any of the things associated with...

YIELD Raises $4.9 Million in Funding

Dec 18 2020 Published at Altcoin Buzz under tags  defi finance and funding yield yld

YIELD has succeeded in raising just under $4.9 million in funding for its project. YIELD is a new platform that is breaking into the decentralized finance (DeFi) space. The new banking platform is aimed at reducing the steps through which one can enter into the world of decentralized finance. YIELD...

Dec 17 2020

Kevin O’Leary Would Consider Investing in a SEC-Approved Bitcoin ETF

Popular reality television show star Kevin O’Leary has disclosed that he would be willing to invest financial assets in a Bitcoin exchange-traded fund (ETF), if such a fund is able to secure approval from the United States Securities and Exchange Commission (SEC). Popularly known as Mr. Wonderful, Kevin O’Leary made this disclosure while discussing his opinion on the top crypto with Anthony "Pomp"...

3iQ Ether Fund Commences Trading on the Toronto Stock Exchange

Toronto-based investment management firm 3iQ has announced the listing of its The Ether Fund on the Toronto Stock Exchange. This listing closely follows the successful completion of an Initial Public Offering (IPO) by The Ether Fund. Interestingly, The Ether Fund sold 7.24 million Class A and Class F units, resulting in aggregate earnings of $76.5 million. Class A units were sold at $10.75...

Dec 16 2020

MassMutual Invests $100 Million in Bitcoin

2020 continues to be a great year for digital currency as Massachusetts Mutual Life Insurance Co. (MassMutual) announced its purchase of $100 million in Bitcoin (BTC) for its general investment account. According to the report, MassMutual becomes one of the newest organizations to embrace Bitcoin,...

Dec 15 2020

MicroStrategy To Increase Bitcoin Holdings With Debt Securities

Popular business intelligence company MicroStrategy has shown a noted interest in Bitcoin in recent times. The company has disclosed plans to offer convertible senior notes (debt securities) worth $400 million and subsequently invest the proceeds in Bitcoin. Microstrategy confirmed this in a press release....

AnRKey X™ ($ANRX) Coming to Uniswap & Bithumb Global

The excitement around AnRKey X™, the project that merges the best of DeFi, eSports, and Web 3.0 NFTs is growing. Immediately after closing the oversubscribed DAO Maker public sale, the project announced the listing of its native token $ANRX on Bithumb Global and Uniswap. Interestingly, the community was expecting a $ANRX major exchange listing on 20 December 2020. However, AnRKey X™ surprised them...

Dec 10 2020

AnRKey X™ Raises $1.2 Million to Merge DeFi + eSports + NFTs

Dec 10 2020 Published at Altcoin Buzz under tags  anrx defi finance and funding nfts

The blockchain startup AnRKey X™ that promises to merge the best of DeFi, eSports, and Web 3.0 non-fungible tokens (NFTs) announced a $1.2 Million private fundraise. The team will utilize the raised funds to develop m$sports™, a new gaming genre. According to the AnRKey X™ light paper, m$sports™ will introduce a revolutionary gaming platform to gaming enthusiasts. The platform will basically gamify the...

Nov 10 2020

Explosive Price Action – Civic (CVC) up by 425%. Why?

Nov 10 2020 Published at Altcoin Buzz under tags  civic coinbase cvc finance and funding

Civic, the personal identity protocol that envisions to make identity verification safer, cheaper, and efficient is the talk of the crypto town today. According to Coingecko, CVC, the ERC 20 token that powers Civic’s identity verification protocol has exploded by 63% in the last 24 hours. Interestingly, the CVC price rally was triggered on 6 November and since then the token price is...

Nov 02 2020

Binance Innovation Zone Lists Akropolis (AKRO)

Nov 02 2020 Published at Altcoin Buzz under tags  finance and funding

Akropolis, a project that aims to provide frameworks and tools for DeFi product development is now listed in Binance Innovation Zone. The project makes it easy to develop complex Decentralized Finance (DeFi) products. According to the official announcement, Binance Innovation Zone now supports the trading of AKRO/BTC and AKRO/USDT. The news has triggered a positive price action and at the time of press,...

Bitcoin Price Is 90% Up This Year

Bitcoin can no longer be ignored as it continues to set new highs for 2020. Given the fact that bitcoin price surged by 90% since January 2020, the mainstream financial media coverage is growing. According to the very recent Wall Street Journal post, a renewed surge of investor interest in bitcoin is being witnessed. This is primarily because investors fear the inflation will...

Oct 31 2020

Bahamas Unveils World’s First CBDC

With the inauguration of the Sand Dollar, the Bahamas has attained the position of being the first nation in the world to officially launch a central bank digital currency (CBDC). The Central Bank of the Bahamas, who disclosed this milestone, noted that the digital currency is currently obtainable to all 393,000 dwellers of the tropical country....

Oct 28 2020

MicroStrategy Unrealized Bitcoin Profit Exceeds $100M

On October 27, MicroStrategy announced its third-quarter 2020 financial results. At the very beginning of the report, we see Michael Saylor, Founder MicroStrategy talking about the $425 million bitcoin buy move. According to Michael, by embracing bitcoin the company offered the possibility of a greater return to the investors. Additionally, the company enjoyed increased market visibility. With Bitcoin pushing for a $13,572 price...

Oct 27 2020

Did DBS Bank Announce a Cryptocurrency Exchange Launch?

Singapore’s largest bank DBS is planning to launch a digital asset ecosystem. According to a now-deleted webpage, this ecosystem will comprise a digital asset exchange, security token offerings, and digital asset custody solution. The announcement also stated that DBS Digital Exchange will be a bank-backed digital exchange. It will allow companies and investors to leverage solutions that help tap the massive potential of...

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