Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles… Read more »
The pro-Bitcoin current Twitter CEO, Jack Dorsey, will remain at his position after a $2 billion deal. The news came just a few weeks after the founder of Elliott Management… Read more »
The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective,… Read more »
Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years…. Read more »
Unemployment hasn’t been this low for 50 years, but a record one-quarter of student loans from a popular federal program qualified for easier repayment plans to help borrowers avoid default,… Read more »
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It… Read more »
Tesla stocks (TSLA) saw a tremendous price surge in the last few months, and the firm is looking to monetize the increase. Tesla plans a $2 billion common stock offering… Read more »
In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been… Read more »
The cryptocurrency market cap managed to reach $300 billion today, a level not seen since August 2019. Although a slight dip below this level has since occurred, it still represents… Read more »
Today, as Bitcoin price (BTC) strives to achieve a new high, the crypto market achieved a $300 billion market capitalization. Over the past month, the figure has steadily increased from… Read more »