Monday, September 21, 2020
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Wave Financial Wins First Round of Investment for Whiskey Fund Ahead of Tokenization

Investment management firm Wave Financial said Friday it has received its first round of investment from clients, and has purchased a 1,000 barrels of Kentucky whiskey it plans to tokenize for prospective investors.  According to a press statement emailed to CryptoX, Wave Financial purchased the whiskey from the Wilderness Trail Distillery

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NFT market’s RARI token sees 100% gain after CoinFund investment

New York-based crypto investment firm CoinFund has made an undisclosed investment into the digital art-focused non-fungible token (NFT) marketplace, Rarible.According to a September 8 announcement from Rarible, funds from the pre-seed round will be used to develop a “community-governed” NFT marketplace. The Rarible platform launched earlier this year and began

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Fidelity Digital Assets Quotes Bitcoin Creator Satoshi Nakamoto in Latest Investment Thesis

Fidelity Digital Assets (FDA) quotes Satoshi Nakamoto in its latest investment thesis report.The thesis is part of a series of reports examining the perspectives driving interest and investment in bitcoin.FDA is affiliated with Fidelity through parent company Fidelity Management & Research (FMR). One of the largest financial services corporations

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Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold

U.S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefiting from the dollar’s weakness.Oppenheimer Analyst on Bitcoin vs GoldAri Wald, head of technical analysis at Oppenheimer, a

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Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit

U.S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again.The U.S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed. The bailout is intended to cushion families against the covid-19 fallout.Instead of buying groceries

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