DID

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Source Node: https://www.bitcoinnewsminer.com/dcg-reaches-10-billion-valuation-in-secondary-sale-led-by-softbank-and-capitalg/
Time Stamp: November 2, 2021 5:38 AM - Modified On: November 2, 2021 - Published By:
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Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Source Node: https://news.bitcoin.com/dcg-reaches-10-billion-valuation-in-secondary-sale-led-by-softbank-and-capitalg/
Time Stamp: November 2, 2021 2:30 AM - Modified On: November 2, 2021 - Published By:
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Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the

What Went Wrong With The “Bitcoin Is Generational Wealth” Short Film?

Source Node: https://bitcoinist.com/what-went-wrong-with-the-bitcoin-is-generational-wealth-short-film/?utm_source=rss&utm_medium=rss&utm_campaign=what-went-wrong-with-the-bitcoin-is-generational-wealth-short-film
Time Stamp: November 1, 2021 7:12 PM - Modified On: November 1, 2021 - Published By:
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Directed by Matt Hornick and written and narrated by Tomer Strolight, huge companies produced the “Bitcoin is Generational Wealth” short film. The audiovisual division of Swan Bitcoin, Bitcoin Magazine, Mimesis Capital, Shy Kids, and Michael Saylor’s MicroStrategy. Besides that, Tomer Strolight’s essays and articles are a staple of the Bitcoin community. With those high-quality ingredients, we were expecting a fabulous meal. We didn’t get it. What went wrong? Were our expectations too high? That’s what we’re here to explore.  Related Reading | Hollywood Goes Crypto? Coppola Family Leads Project To

Burger King partners with Robinhood Crypto to give away cryptocurrencies.

Source Node: https://chaintimes.com/burger-king-partners-with-robinhood-crypto-to-give-away-cryptocurrencies/
Time Stamp: November 1, 2021 8:07 AM - Modified On: November 1, 2021 - Published By:
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According to a press release, fast-food chain Burger King is partnering with Robinhood Crypto to give away a range of cryptocurrencies. The rewards on offer are 20 bitcoin, around $1.17 million, 200 ether $800,000, and 2 million Dogecoin ($472,000). The odds of winning a bitcoin prize, according to the release, are 100,011 to 1. Earlier, Robinhood reported a 35 percent yearly surge in its revenue. The cryptocurrencies will be given away to Burger King’s Royal Perks members. The cryptocurrencies will be given away to Burger King’s Royal Perks members, a

Bitcoin Below $60K for the First Time in 10 Days – Should You Buy the Dip?

Source Node: https://www.coinbureau.com/news/bitcoin-below-60k-for-the-first-time-in-10-days-should-you-buy-the-dip/
Time Stamp: October 27, 2021 11:14 AM - Modified On: October 27, 2021 - Published By:
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Bitcoin is below $60,000 for the first time in over 10 days after what many crypto investors saw as an anticlimactic break of all-time highs. After spending 6 months below its previous all-time high just short of $65,000, Bitcoin made it all the way back and managed to break $66,000 before losing steam. At the time of writing, BTC is trading just above $59,000.  Aside from a few select altcoins, almost the entire crypto market followed Bitcoin’s lead today by making a downward move. As is often the case, excess

1INCH Explodes Over 100% As Crypto Exchange Upbit Announces Listing

Source Node: https://www.coinbureau.com/news/1inch-explodes-over-100-as-crypto-exchange-upbit-announces-listing/
Time Stamp: October 27, 2021 10:13 AM - Modified On: October 27, 2021 - Published By:
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1INCH has exploded over 100% in price following an announcement from Korean crypto exchange Upbit that it would be launching support for the altcoin. At the time of writing, 1INCH is trading at $5.59, up 35% in the last 24 hours according to CoinMarketCap. However, at one point, 1INCH had reached as far as $8.65 after running all the way up from $4.11 for a 110% rally. 1inch is a decentralized exchange aggregator (DEX) that uses an algorithm to help users find the best possible trading prices for tokens. Rather

CBDC Likely, But Not With Blockchain Says Former Boston Fed President

Source Node: https://beincrypto.com/cbdc-likely-not-blockchain-former-boston-fed-president/
Time Stamp: October 18, 2021 1:40 AM - Modified On: October 18, 2021 - Published By:
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Eric Rosengren, former President of the Federal Reserve Bank of Boston made a public statement making the concept of a central bank digital currency (CBDC) for the USA a little more clear. However, be believes that blockchain will not be involved.Sponsored Sponsored In Rosengren’s comments on the potential of a US CBDC, he suggests that it will exist in the future. He also said because it would require an agreement between the White House, Congress, and the Fed, that it could take a long time. Interestingly, Rosengren clarifies that a

As Bitcoin inches towards $60K, Q4 may see ‘parabolic moves in all of crypto’

Source Node: https://ambcrypto.com/as-bitcoin-inches-towards-60k-q4-may-see-parabolic-moves-in-all-of-crypto/
Time Stamp: October 8, 2021 8:30 PM - Modified On: October 8, 2021 - Published By:
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Earlier this week, Bitcoin broke through the psychologically important mark of $50,000 for the first time in a month, causing many investors to turn their eyes to the top cryptocurrency again. The resurgence of interest in bitcoin recently has resulted in higher trading volumes, combined with mega whale moves. Someone(s) bought up $1.6B worth $BTC via market orders in just 5 minutes. Short liquidations seem relatively smaller like $17M at that time. This is more like whale buying, not cascade liquidations.https://t.co/dD3OsykiET pic.twitter.com/0NnvbmaYYm — Ki Young Ju 주기영 (@ki_young_ju) October 6,

U.S. Won’t Ban Crypto | This Week in Crypto – Oct 4, 2021

Source Node: https://99bitcoins.com/bitcoin-news-summary-oct-4-2021/
Time Stamp: October 4, 2021 1:00 AM - Modified On: October 4, 2021 - Published By:
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 The US gives a green light to cryptos, TikTok launches its own NFTs, and can professional crypto traders be outmatched…by a hamster?! These stories and more this week in crypto. The Chairman of the US Federal Reserve, Jerome Powell said that the United States has no intentions of banning cryptocurrencies, including Bitcoin. He still asserted that some digital assets, stablecoins in particular, have to be regulated. This fresh, more optimistic US approach had an immediate positive effect on the entire market at the end of the week. TikTok has

Bitcoin, Ethereum, Solana, Cardano – How did these cryptos fare in the ETP market

Source Node: https://ambcrypto.com/bitcoin-ethereum-solana-cardano-how-did-these-cryptos-fare-in-the-etp-market/
Time Stamp: October 2, 2021 5:30 AM - Modified On: October 2, 2021 - Published By:
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Digital assets like Bitcoin and Ethereum have seen a stellar rise in terms of adoption and user base over the past few months. However, the month of September did not contribute much to this growth. In fact, last month broke some trends and created history in some other ways. Bitcoin’s dominance dropped and altcoin favoritism rose. Ergo, the question – What can we expect from the market in Q4. The fall of digital assets Assets under Management (AUM) in September failed to see the same hike witnessed back in August

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

Source Node: https://cointelegraph.com/magazine/2021/09/30/powers-on-bitcoins-adoption-will-not-be-stopped
Time Stamp: September 30, 2021 9:08 AM - Modified On: September 30, 2021 - Published By:
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In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches