Deutsche Bank Turns Against Bitcoin Amid 50% Drop: Valuation is “Wishful Thinking”
Historically, institutions have always been the biggest skeptics of Bitcoin and cryptocurrencies as a potential asset class. Even at the...
Companies
Crypto Exchange FTX Set to Raise $1 Billion in Funding with $20 Billion Valuation
Crypto derivatives exchange FTX is raising a funding round with a private valuation just north of $20 billion. Per The...
Futu to Add Cryptocurrency Trading in U.S, Singapore and Hong Kong
Futu, one of the leading trading brokerages in China, revealed its plans to offer cryptocurrency trading later this year. In...
Nvidia to Lower Crypto Mining Hashrates on GPUs to Address Current Mining Frenzy
In an effort to address the ongoing silicon supply shortage and bloated GPU prices, hardware manufacturer Nvidia is set to...
Coinbase Announces $1.25 Billion Private Debt Offering Following Recent Market Turmoil
Cryptocurrency exchange Coinbase released a new statement on Monday stating that it would sell $1.25 billion in a private debt...
Crypto and Chess: FTX Partners with Magnus Carlsen to Host Bitcoin-fueled Chess Tournament
On Monday, cryptocurrency exchange FTX announced its latest partnership with chess company Play Magnus Group -- a Norway-listed chess company...
Facebook’s Diem Unveils Its Latest Stablecoin Plans and Strategic Move to the United States
Diem, the cryptocurrency project headed by Facebook originally known as Libra, recently announced its plans to launch a stablecoin with...
Crypto Research Firm Delphi Digital Launches Latest NFT Fund
Delphi Digital, a New York-based crypto research and venture firm, recently launched its latest on-chain fund to invest in non-fungible...
