Cryptocurrency Analysis and News Portal
As per reports, eToro will be working with Goldman Sachs for going public. The reported plan of IPO comes after the platform registered phenomenal growth in 2020.Israel-based crypto trading platform and multi-asset trading firm eToro is reportedly mulling for a $5 IPO in Q2 2021. Local news publication Calcalist was
Read More
BitGo, whose investors include Galaxy Digital Ventures, Goldman Sachs and Valor Equity Partners, reported Wednesday that digital assets under custody have surpassed $16 billion for the first time, offering further validation that institutional demand has arrived. In an official press release, BitGo said institutional investors are seeking exposure to digital assets
Read More
Cryptocurrencies worth billions of dollars have been seized during the police crackdown on the PlusToken Ponzi scheme in China. Source
Read More
Despite the significant yields available in DeFi, many institutional and mainstream retail investors are hesitant to enter, due to the risks factors associated with DeFi. Ether.Insure is here to change the situation.On 23rd of November, Coinspeaker interviewed Allan Henderson, Co-Founder of Ether.Insure, on his views about where the entire DeFi
Read More
Chainalysis valuation and growth are not common in the crypto space as the $1 billion valuation is quite rare and particular for a blockchain data analytics service firm.Blockchain analysis company Chainalysis is set to increase its valuation to $1 billion following its next scheduled Series C funding round that will
Read More
Analysts are bullish on bitcoin’s price but the options market is decidedly bearish on the remaining weeks of 2020. Ethereum’s wrapped bitcoin token crosses $2 billion locked.Bitcoin (BTC) trading around $16,240 as of 21:00 UTC (4 p.m. ET). Gaining 0.30% over the previous 24 hours.Bitcoin’s 24-hour range: $15,971-$16,487BTC above its
Read More
Both firms will learn to adapt to one another’s culture while CEO of Supreme James Jebbia and the senior leadership team will remain with the company at its base of operations in New York.American worldwide apparel and footwear company, VF Corporation (NYSE: VFC) has announced the purchase of popular streetwear
Read More
The new $5.3 billion valuation is a significant increase from the $3 billion reported by Pony.ai in February.Chinese autonomous car firm Pony.ai has secured $267 million in another round of funding that brings its valuation to $5.3 billion. In total, the autonomous-automobile firm has raised $1 billion through funding.According to
Read More
LVMH has now decided to settle for a less in its acquisition of Tiffany & Co, ending a bitter dispute that the COVID-19 pandemic triggered.Today, LVMH, the world’s leading luxury products group, and Tiffany & Co (NYSE: TIF), the global luxury jeweler, agreed to salvage the luxury sector’s biggest-ever deal through
Read More
As the agreement closes in 2021 expectedly, AMD investors will possess 74% of the combined company, leaving Xilinx shareholders with 26%.Advanced Micro Devices Inc (NASDAQ: AMD), widely known as AMD, is purchasing Xilinx Inc (NASDAQ: XLNX) for $35 billion in stock. As it stands, the deal should close at
Read More