Cryptocurrency Analysis and News Portal
High-end bitcoin brokerage River Financial raised $17.3 million in a recent equity sale, according to documents filed with the U.S. Securities and Exchange Commission (SEC) Thursday.Form D filings reveal two-year-old River aims to raise nearly $500,000 in additional funding for a total of nearly $17.8 million. The firm reported 34
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Crypto payments platform BitPay has settled with the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on charges of over 2,000 apparent sanctions violations.According to an enforcement notice published on Feb. 18, BitPay will pay $507,375 on allegations it allowed individuals in sanctioned locations like Ukraine’s Crimea region, Cuba,
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Price PointBitcoin was lower after surging on Wednesday to a new all-time high price above $52,000, while ether topped $1,900 for the first time, pushing toward the psychologically crucial $2,000 mark. “My sense is the technology has evolved and the regulations have evolved to the point where a number of people
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A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe. Source
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BleepingComputer claims to have evidence that the ransomware gang DoppelPaymer is demanding 404 BTC from the car firm. Source
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Ether soared to new record highs Thursday, but an overheated derivatives market may suggest higher volatility is on the way for the short term. The second-largest cryptocurrency by market value set the new lifetime high of $1,928 soon before press time, having first breached the previous peak of $1,821.49 reached on
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A retailer of specialty teas and baked goods based in Hunan, China is expanding its business into cryptocurrency mining.According to a press release on Thursday, Urban Tea Inc. has hired two new executives ahead of its strategic expansion into its new cryptocurrency venture.Fengdan Zhou has been hired as the company’s
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Nothing says 2021 like dogecoin, a dog-themed cryptocurrency that has recently skyrocketed in value, thanks in part to the support of Elon Musk and other celebrities. For a time it was the 10th largest cryptocurrency. Dogecoin finished 2020 at less than half a penny per DOGE, according to CoinDesk’s dogecoin
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An overview of key news, from a new DeFi Index fund for accredited investors to bitcoin shrugging off growing Treasury yields. Source
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Coinbase’s institutional trading wing handled electric car-maker Tesla’s $1.5 billion bitcoin investment earlier this month, according to The Block.The report illustrates Coinbase’s growing role as corporate America marches deeper into crypto. Coinbase handled MicroStrategy’s early allocations; The Block reported it has five Fortune 500 firms as clients. CoinDesk could not
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