Cryptocurrency Analysis and News Portal
The company closed the round with participation from Akatsuki Inc, Gerstenbrot Capital, Blockwall Digital Assets, Citizen X, Fisher 8 Capital, Perpetual Protocol, Yolo Ventures, Libra Capital Ventures, 8186 Capital and Sneaky Ventures, among others. Ex Populus also previously raised a $3 million seed round led by Animoca Brands in October. Source
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“Every healthy financial market needs a way for participants to take both sides of the market, and NFTs are no exception,” said Rachel Lin, CEO and co-founder of SynFutures. “By providing a way for users to take long or short positions in NFTs, we’re enabling more robust trading strategies that
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Global investment bank JPMorgan says cryptocurrency markets are “looking frothy” as retail investors spill over from the stock market into cryptocurrencies and non-fungible tokens (NFTs). Crypto Markets Look Frothy, According to JPMorgan JPMorgan published a note Wednesday on the stock market and cryptocurrencies. It explains that retail investors bought stocks at a
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JPMorgan analysts have warned clients that cryptocurrency markets are looking frothy after the August trading boom saw spot market trading volumes once again top $1 trillion. In a note to clients reported by Markets Insider, the JPMorgan analysts suggested valuations in crypto markets, especially altcoins and NFTs, are getting too high.
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The concentration of tech companies in the U.S. stock market has soared to a new high, surpassing dot-com era levels. Tech stocks surpassed the valuation of the entire European stock market. The tech sector still has firepower left as positive earnings and struggling offline businesses buoy investor sentiment. Tech stocks are showing no
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The stock market looks as expensive as it has in two decades. With old school investors on the sidelines, Robinhood’s perceived army of “dumb money millenials” is on a buying spree. Can this possibly end well when the most popular stocks are all desperately cash-poor? With the Wall Street sharks sitting on the
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