Tag: investment news

Oct 12 2021

Celsius Network Pulls $400M in Funding Despite Regulatory Concerns

Popular cryptocurrency lender Celsius Network has reportedly raised $400 million from investors despite growing regulatory concerns. As reported by the Financial Times, the latest funding round was led by WestCap, the fund set up by former Airbnb and Blackstone executive Laurence Tosi, and Caisse de dépôt et placement du Québec (CDPQ), Canada’s second-largest pension fund. The post Celsius Network Pulls $400M in Funding...

Oct 11 2021

Former UK Chancellor Lord Hammond to Join Crypto Custodian Copper as Senior Adviser

Lord Philip Hammond, a former Chancellor of the Exchequer in the United Kingdom has been appointed as the Senior Adviser to London-based digital asset custodian, Copper. Lord Hammond’s role will be centered on providing the Copper team with strategic advice, as the startup looks to expand its business to the United States and Asia. As The post Former UK Chancellor Lord Hammond to...

Sep 25 2021

New Survey Shows Australian’s Love for Crypto is Fueled by These Noble Drives

Australians appear to be more knowledgeable in their investment strategies as many are beginning to buy into cryptocurrencies for the right reasons. As highlighted in a recent survey conducted by BTC Markets, it was shown that acquiring digital assets was not a function of ideas to get rich quickly, rather, investors who are purchasing digital The post New Survey Shows Australian's Love for...

Aug 13 2021

Breaking: Intel Injects Funds into Coinbase with New Shares Purchase

American technology giant, Intel Corp disclosed on Friday that it now holds a stake worth nearly a million dollars in the Nasdaq-listed cryptocurrency exchange Coinbase Global Inc. As per a regulatory filing Intel acquired 3,014 shares of Coinbase, all valued at $788,191, based on the current trading price of $261.51 per share. Since the inception The post Breaking: Intel Injects Funds into Coinbase...

Aug 12 2021

Bitwave Looks to Streamline Crypto Accounting as it Raises $7.25M From Investors

American crypto tax and accounting software provider, Bitwave, revealed it has raised $7.25 million in a recent funding round led by Blockchain Capital with participation from Arca, Nascent and Nima Capital. The funding will enable Bitwave to improve its software infrastructure while growing its client base. The company also mentioned that the funding will be The post Bitwave Looks to Streamline Crypto Accounting...

Crypto Funding: TaxBit Pulls $130 Million in Series B to Fund Expansion

American Tax and Accounting software provider dedicated to the digital currency ecosystem, TaxBit has completed its Series B funding round, raising a total of $130 million from Investors. According to the announcement from the firm, the round was led by IVP and Insight Partners with additional participation including Tiger Global, Paradigm, 9Yards Capital, Sapphire Ventures, The post Crypto Funding: TaxBit Pulls $130 Million...

Jump Trading Group Plans To Execute Retail Equity Orders

Jump Trading Group, one of the world’s biggest proprietary trading firms, has declared to start a unit for the execution of individual investor stock orders, a business that has proved immensely profitable for electronic traders after the meme-stock mania ignited an outbreak in U.S. retail volumes. According to the Wall Street Journal report, Executives at The post Jump Trading Group Plans To Execute...

Aug 11 2021

Mobile-First Investment Firm Titan Launches Crypto Portfolio for US Investors

American mobile-first money manager, Titan has launched a digital currency related investment dubbed Titan Crypto, in a bid to bring premier investment management to the everyday investor. The new product has been dubbed one of the pioneering actively managed portfolio of cryptocurrency assets available to all U.S. investors. Titan Crypto will invest subscribers money into The post Mobile-First Investment Firm Titan Launches Crypto...

XRP breaches $40B Market Cap As GME Remittance Join Forces With RippleNet

XRP witnessed a major retail demand on Wednesday after RippleNet officially announced its partnership with South Korea based money transfer company, Global Money Express aka GME Remittance. As posted by the firms, the partnership is anticipated to bolster cross-border transactions across the region. Reportedly, this partnership is established via SBI Ripple Asia, a joint venture The post XRP breaches $40B Market Cap As...

Aug 06 2021

This Hedge Fund Says its Crypto Investments Will Continue Despite Price Volatility

In a letter to investors, Daniel Loeb, the Founder and Chief Executive Officer of New York–based hedge fund, Third Point Management has reiterated his firm’s positive disposition to digital currencies. In the letter, Loeb noted the firm’s potentials to continually fund innovative crypto firms just as it did with the likes of CipherTrace, Bitwise, and The post This Hedge Fund Says its Crypto...

Aug 05 2021

Aug 04 2021

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