A look into the crypto part of Forbes’ fresh “Fintech 50” list Recently, Forbes published the fresh edition of its “Fintech 50” list, counting the world’s top financial technology firms. Notably, there are just six crypto and blockchain companies featured this year, while the 2018 list contained 11 players from the field. Given that the […]
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JPMorgan strategist Nikolaos Panigirtzoglou said that Wall Street institutions could become more interested in Bitcoin soon. JPMorgan’s Global Market Strategist Nikolaos Panigirtzoglou says that Bitcoin (BTC) could make a resurgence on Wall Street, according to an article published by CNBC on Feb 6. “The stability that we are seeing right now in the cryptocurrency market […]
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The Forbes “Fintech 50” list for 2019 of top fintech firms features little over half as many blockchain companies as before. The Forbes 2019 “Fintech 50” list of the world’s top financial technology firms published on Feb. 4 features six blockchain companies, little more than half the amount listed in the 2018 edition. Released in […]
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The top 20 cryptocurrencies are reporting slight losses, as Bitcoin hovers over the $3,450 mark. Sunday, Feb. 3 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time. Bitcoin (BTC) is hovering over the $3,450 mark again, according to Coin360 data. Market visualization from Coin360 At press time, […]
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More and more crypto companies are taking the route of a reverse IPO, but will it pay off? In a transaction that has all the hallmarks of a reverse initial public offering (IPO) — also called a reverse merger — OKC Holdings Corp., which is the parent company of OKCoin and OKEx (the world’s second-largest […]
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Recap of this year’s World Economic Forum (WEF) Annual Meeting. This year’s World Economic Forum (WEF) Annual Meeting has finished, and it’s time to recap the highlights. The forum — held in Davos, Switzerland, as per tradition — lasted from Jan. 22 to 25. Similar to the last year, cryptocurrencies were one of the major […]
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Novogratz’s Galaxy Digital is planning to launch a funding round for crypto lending in March, according to an unconfirmed report. Mike Novogratz’s crypto merchant bank Galaxy Digital is reportedly raising at least $250 million to offer loans to crypto-related firms, according to an unconfirmed report published by American news site Business Insider on Jan. 23. […]
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Citigroup, Nasdaq, and Galaxy Digital are reportedly among several firms to invest $20 million in Symbiont, a blockchain firm that offers smart contracts for capital markets. Citigroup and Nasdaq are among a group of firms investing $20 million dollars in Symbiont.io Inc, Bloomberg reports on Jan. 23. Other investors reportedly include Mike Novogratz’s crypto-focused merchant […]
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Following a $17 million funding round led by Andreessen Horowitz, crypto custodian Anchorage launched its services for institutional investors. The Anchorage cryptocurrency custodian for institutional investors launched following a $17 million funding round led by venture fund Andreessen Horowitz, a press release states Wednesday, Jan. 23. According to the announcement, PayPal co-founder Max Levchin’s SciFi […]
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Charles Hoskinson, founder of Cardano, believes crypto markets will be more mature and attract millions to billions of users by the time they regain 2017’s all-time highs. Crypto markets might need more than a decade to regain 2017’s price highs, but the industry will a “dramatically different ecosystem at that point,” according to top altcoin […]
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