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The New US Appointees Who Will Shape The Crypto Market

January 25, 2021 Business, News, Regulations Eddy 0

How much higher will cryptocurrency prices go this year will largely depend on the four influential individuals in charge of the U.S monetary and banking policies. We believe the future bodes well for the cryptocurrencies market as leaderships are equipped with the domain knowledge to steer economic policies without fear of the unknown. The U.S. […]

Coinbase to First Launch on Secondary Market with Nasdaq Before Public Listing

January 24, 2021 Business, Investment News, News Eddy 0

According to reports by The Block, ahead of its upcoming public listing, US-based leading cryptocurrency exchange Coinbase will be launching a private secondary market on Nasdaq, with more details to be revealed this coming week. This private purchase round will allow old and employees of Coinbase, including its shareholders, to put up some of their […]

SGX & Temasek Holdings to Venture into Digital Assets Infrastructure for Capital Assets

January 23, 2021 Business, Fintech News, News Eddy 0

Singapore’s stock exchange SGX and the city-state’s largest government-owned investments firm Temasek are reportedly entering a joint venture to develop digital assets infrastructure and integrate it with capital market workflows. This would include the use of distributed ledger technology (DLT),the use of blockchain and prominent features such as smart contracts, ledgers and tokenization. “The early […]

Bahrain-based Rain Cryptocurrency Exchange Secures $6 Million From Coinbase

January 17, 2021 Business, News Eddy 0

In a series A funding round led by VC firm Middle East Venture Partners, Rain Financial Inc. (which owns www.rain.bh) has secured $6 million from Coinbase Inc and a group of Middle Eastern-based venture capital funds. Rain obtained a full regulatory license from the Central Bank of Bahrain in mid 2019. It claims to be the […]

Grayscale 10X Boost In 2020

January 14, 2021 Bitcoin News, Business, Finance, Grayscale, News Eddy 0

While many of us languished in a pandemic year, one company stood out and grew like no tomorrow like the fabled story tale of Jack and The Beanstalk. In its latest quarterly report, Grayscale has announced a record fund inflows of US$3.2 billion in 4Q2020. Even more astounding is the fact that their assets under […]

Anchorage Obtains Approval to Become US First National Bank for Digital Assets

January 14, 2021 Business, Fintech News, News, Regulations Eddy 0

Crypto custodian and firm Anchorage has made history this week by being the first company in the US crypto industry to obtain a conditional national bank charter from the Office of the Comptroller of the Currency (OCC), two months after it first seeked approval back in November. The US will be getting its very first […]

New Crypto Billionaires Ranked by Forbes After Bitcoin Prices Soar

January 13, 2021 Bitcoin News, Business, News Eddy 0

The past month has shown Bitcoin believers and HODLers that rewards come to those who wait and hung onto the bellwether cryptocurrency despite harsh criticisms and mockery from others for years. Early crypto advocates and leaders especially have found their wealth growing multi-fold with the spectacular, almost unbelievable bull run in the last few weeks. […]

A Brief 2020 Recap in Crypto

January 1, 2021 Bitcoin News, Business, Ethereum News, Investment News, News, Regulations Eddy 0

It’s the first day of the year, and as countries all over the world move past the last vestiges of 2020 into 2021, here is a brief recap of the major happenings in crypto and what we can possibly expect for the new year, especially as most of the crypto market is in the green […]

Ripple Says SEC Intends to Sue for Unregistered Securities Sale

December 22, 2020 Business, Fintech News, News Eddy 0

Ripple CEO Brad Garlinghouse revealed to Fortune today that he believes the US Securities and Exchange Commission will be bringing a major lawsuit against Ripple soon for the unauthorized sale of securities. The company created the XRP token, the third-most capitalized digital asset in the market at present, and is known for overseas remittance use, […]

Crypto Exchange INX Limited Delves into Real Estate, Gaming & Liquor

December 20, 2020 Business, News Eddy 0

INX Limited stole headlines a few months ago with the sale of its INX security tokens under an Initial Public Offering (IPO) as approved by the US Securities and Exchange Commission (SEC). Now, it is expanding its ecosystem as the firm ventures into listing tokenized in-cask liquor, gaming and lastly, real estate on its trading […]

Tag: Business