Blank Check Firm Linked to Crypto Exchange Kraken Raises $345 Million in Upsized IPO
This post was originally published on this site. In brief A Kraken-affiliated SPAC completed its IPO this week and raised $345 million. The firm, KRAKacquisition Corp, is now trading on…
Visa and Mastercard aren’t buying the stablecoin hype for everyday payments
This post was originally published on this site. Wall Street’s payments giants are not sold on crypto’s usefulness in everyday transactions — at least not yet. In earnings calls this…
Brian Armstrong was snubbed by top executives from the biggest U.S. banks in Davos
This post was originally published on this site. Coinbase (COIN) CEO Brian Armstrong is running into a wall — and it looks a lot like the heads of America’s biggest…
Vitalik Buterin Withdraws $44.7M in ETH to Support Ethereum Growth Through ‘Mild Austerity’
This post was originally published on this site. In brief Vitalik Buterin has withdrawn $44.7 million of his own ETH as he declares that the Ethereum Foundation is entering a…
What Trump’s Fed Pick Kevin Warsh Means for Crypto
This post was originally published on this site. In brief U.S. President Donald Trump has nominated Kevin Warsh as Chair of the Federal Reserve. Trump’s pick comes amid heightened political…
Bitcoin Traders See Nearly Even Odds for $69K Drop or $100K Recovery
This post was originally published on this site. In brief Prediction markets show nearly 50/50 odds Bitcoin falls to $69K versus recovering to $100K. BTC fell sharply Thursday amid government…
Morning Minute: Washington Just Gave Crypto the Green Light
This post was originally published on this site. Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily…
Bitcoin ETFs Shed $817M as BTC Hits Nine-Month Low
This post was originally published on this site. In brief U.S. spot Bitcoin ETFs saw $817 million in net outflows Thursday, led by BlackRock’s IBIT with $317.8 million in outflows.…
Former Google Engineer Convicted of Stealing AI Secrets for China
This post was originally published on this site. In brief Former Google software engineer Linwei Ding has been convicted of economic espionage for siphoning Google’s trade secrets to China-based companies.…
Here are key levels to watch as bitcoin plunges to $84,000
This post was originally published on this site. Bitcoin’s BTC$84,831.41 fast tumble back to $84,000 during U.S. morning hours Thursday came alongside equally speedy declines in stocks and precious metals.…