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Robinhood Adds 9.5 Million New Crypto Users As Mainstream Adoption Continues

As cryptocurrencies continue to surge to new highs and bask in the media’s limelight, Robinhood reported major growth in the number of users trading crypto on their platform...

San Lee | 2 days ago
News

Coinbase Reports Incredible Quarter, But Valuations Remain Uncertain: What to Expect

Crypto exchange giant Coinbase released its earnings for the first fiscal quarter of 2021 ahead of its direct listing on the Nasdaq on April 14. Its revenue skyrocketed to a...

San Lee | 3 days ago
News

Bitcoin Investment Firm NYDIG Raises Additional $100 Million

Crypto investment provider NYDIG raised an additional $100 million in growth capital earlier this week. The new funding round featured MassMutual, Stone Ridge Holdings, New York Life...

San Lee | 4 days ago
News

Bitcoin Miner Riot Blockchain Invests $780 Million to Expand Operations 

Bitcoin mining firm Riot Blockchain announced its milestone purchase of $138.5 million in mining equipment this Wednesday. In a statement, the company announced that it will be...

San Lee | 4 days ago
Bitcoin

Grayscale Bitcoin Trust to Convert to an ETF, Premium Remains Negative: What’s Next?

Earlier this Monday, Grayscale Investments announced its plans to transform Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund. Up until recently, GBTC was one of the only...

San Lee | 6 days ago
Bitcoin

MicroStrategy Acquires An Additional $15 Million in Bitcoin 

Microstrategy announced today that it purchased $15 million worth of Bitcoin. The company’s CEO, Michael Saylor, tweeted this morning that his company had bought approximately 253...

San Lee | 1 week ago
News

Is Grayscale Bitcoin Trust’s Demise Inevitable? GBTC Premium Negative for a Consecutive...

Since February, Grayscale Bitcoin Trust (GBTC) has continued to trade at a negative premium. The Bitcoin fund, available to institutional investors on the traditional stock market, has...

San Lee | 1 week ago
News

VC Money Continues to Flow into Crypto: Firms Received More Funding Last Quarter than Entirety...

Without a doubt, the mainstream resurgence of cryptos have spurred on new movements within the industry, ranging from decentralized finance (DeFi) to non-fungible tokens (NFTs). These...

San Lee | 1 week ago
News

Coinbase to Direct List on the Nasdaq on April 14th 

After months of wait and uncertainty, cryptocurrency exchange Coinbase finally received the greenlight from the U.S. Securities and Exchange Commission (SEC) to list its shares on the...

San Lee | 1 week ago
News

NFT Sales Volume Plummets From Recent Highs: Is the Hype Over? 

Only weeks ago, it seemed impossible for the digital art market to cool off. Throughout February, the non-fungible token (NFT) craze was in full spotlight, with the mania reaching its...

San Lee | 2 weeks ago
News

Breaking Down Coinbase’s Ex-SEC Hire as Crypto Regulations Mount 

Cryptocurrency exchange Coinbase announced today that it hired Brett Redfearn, ex-director of SEC’s trading and markets division, to run its capital markets arm. These recent...

San Lee | 2 weeks ago
News

Bitcoin Has Won Over Institutional Investors: Could Governments Be Next?

When Bitcoin surged to an all-time high of $17,000 in late 2017, the cryptocurrency headlined media outlets and financial journals — but not for the right reasons. Analysts and...

San Lee | 2 weeks ago

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