Bloomberg

crypto-focused-investment-firm-backed-by-citadel-eyeing-$1,000,000,000-valuation-in-latest-raise:-report
Posted by | April 17, 2024
Crypto-Focused Investment Firm Backed by Citadel Eyeing $1,000,000,000 Valuation in Latest Raise: Report

A crypto investment firm backed by financial giant Citadel is reportedly eyeing a $1 billion valuation after launching its latest round of fundraising. According to a new Bloomberg report, anonymous...

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new-bitcoin-whales-now-control-9%-of-btc-supply-amid-‘very-active’-on-chain-accumulation:-cryptoquant-ceo
Posted by | April 16, 2024
New Bitcoin Whales Now Control 9% of BTC Supply Amid ‘Very Active’ On-Chain Accumulation: CryptoQuant CEO

Newly created Bitcoin whales reportedly hold a record amount of BTC to the point of controlling 9% of the total supply of coins. Ki Young Ju, CEO of blockchain analytics...

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venture-capital-firm-co-founded-by-coinbase-executive-seeking-$850,000,000-in-new-raise:-report
Posted by | April 3, 2024
Venture Capital Firm Co-Founded by Coinbase Executive Seeking $850,000,000 in New Raise: Report

A venture capital firm co-founded by an executive of Coinbase is reportedly looking to raise between $750 million and $850 million for a new fund. According to a new report...

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us-bitcoin-miners-move-old-equipment-overseas-–-here’s-why
Posted by | March 24, 2024
US Bitcoin Miners Move Old Equipment Overseas – Here’s Why

The Bitcoin halving, one of the most anticipated crypto events in 2024, is less than a month away, and miners seem to be in full preparation for its aftermath. The...

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us.-will-appeal-do-kwon’s-extradition-to-south-korea:-report
Posted by | March 8, 2024
U.S. Will Appeal Do Kwon’s Extradition to South Korea: Report

U.S. authorities will continue to seek the extradition of Do Kwon despite a Montenegro court ruling in favor of an extradition to South Korea, Bloomberg has reported. The extradition saga...

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new-bitcoin-etfs-see-more-individual-trades-than-top-two-equities-etfs:-bloomberg-analyst
Posted by | February 28, 2024
New Bitcoin ETFs See More Individual Trades Than Top Two Equities ETFs: Bloomberg Analyst

A prominent Bloomberg analyst says that Bitcoin (BTC) exchange-traded funds (ETFs) – which only launched in January – are seeing more individual trades than the top two ETFs in the...

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Posted by | February 4, 2024
US Top Brokerage Firm Stalls On Bitcoin Spot ETF Engagement – Here’s Why

LPL Financial, the largest independent broker-dealer in the United States, is delaying its involvement in the Bitcoin spot ETF market as it awaits the result of an assessment of the...

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Posted by | January 26, 2024
Coinbase Stock on the Rise After Oppenheimer Upgrade To ‘Outperform’: Report

Coinbase’s (COIN) stock is rising after multiple reports of being upgraded to “outperform” by a prominent investment brokerage and bank. According to a new report by Yahoo Finance, financial services...

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Posted by | January 22, 2024
Crypto Backers B. Riley and Nomura Entangled in SEC Probe: Bloomberg

Investment bank B. Riley is under an undisclosed investigation from U.S. authorities for its deals with Brian Kahn, an alleged co-conspirator in a U.S. Department of Justice criminal case, according...

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Posted by | January 20, 2024
Bloomberg Analyst Estimates There’s a 70% Chance Coinbase Wins Motion To Toss SEC Lawsuit

A Bloomberg intelligence analyst is estimating that top US-based crypto exchange platform Coinbase has a 70% chance of winning a motion to toss out the U.S. Securities and Exchange Commission’s...

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