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Silvergate Bank is looking to raise around $461 million through sale of 3.31 million shares of common stock.The crypto-focused bank estimates that net proceeds will be around $532 million if underwriters exercise their option to purchase additional shares in full, according to a filing Wednesday.The shares will be priced at
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Binance Asia Services, the Singapore arm of major cryptocurrency exchange Binance, has acquired a stake in a local private securities exchange, Hg Exchange (HGX).On Dec. 7, the company officially announced an acquisition of a post-money 18% stake in HGX, a stock exchange licensed and regulated by the Monetary Authority of Singapore.Binance Singapore
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“That opens up a lot of opportunities, whether the issuer is in Asia and does it through ADX, or the issuer is in Europe and does it through us,” said Zeeb. “Perhaps at some point, there’ll be a link to the United States. Then you really have a global liquidity
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Bitcoin (BTC) hovered around $54,000 on Nov. 28 as the upcoming weekly close showed signs of hitting two-month lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuyers keen at $53,000Data from Cointelegraph Markets Pro and TradingView followed a quiet 24 hours for BTC/USD after Friday's $6,000 red candle.Although quiet into Sunday, the pair
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Adoption of the metaverse won’t be easy and will take some time, the note cautions, as existing digital media and e-commerce platforms are robust and improving all the time, which means that any metaverse will need to “partner to drive adoption.” Original Source
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Bitcoin (BTC) tested $65,000 as support as U.S. markets opened Nov. 15 as a weekend surge ended in retracement.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysts maintain positive BTC price outlookData from Cointelegraph Markets Pro and TradingView showed BTC/USD giving back a chunk of its overnight gains having hit local highs above
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekCrypto markets tag $3T combined market cap
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Tesla CEO Elon Musk has offloaded more than one billion dollars worth of shares according to recent financial filings. Filings submitted on Nov. 11 to the Securities and Exchange Commission confirm the sale of more than 934,000 Tesla shares worth around $1.1 billion.Musk sold the shares at an average price of
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Bitcoin (BTC) fell $1,400 in half an hour during Nov. 9 after a snap sell-off hit Tesla (TSLA) stock.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTesla falls 12%, Bitcoin 2%Data from Cointelegraph Markets Pro and TradingView showed BTC/USD fall in line with TSLA shortly after the Wall St. open.The pair hit $66,650
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Tesla and Spacex CEO Elon Musk has asked his Twitter followers whether he should sell his Tesla stock. He has also promised to abide by the results of the poll. Many people urge Musk to sell his Tesla shares and put money into cryptocurrency, particularly bitcoin. Elon Musk Asks Twitter Followers
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