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The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In…
NEWS
Coinbase shares had a peak price of almost $439 on the first day, indicating a 71.8% price gain over its pre-listing price of $250….
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Today, we got the chance to chat with Sky Guo, the Co-Founder and CEO at Cypherium. In this interview, we discussed Cypherium’s goals, what…
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Calling Bitcoin as too volatile and unassisted a currency for mainstream adoption, United States Federal Reserve chair, Jerome Powell, says it could be “a substitute for gold” but not the dollar. Powell reiterated his opinion last Monday at an event hosted by the Bank for International Settlements (BIS), speaking…
On March 19, 2021, Cardano (ADA) got listed on Coinbase. This listing increases the open interest on Cardano’s futures contracts by over $1 billion. After this listing, Coinbase customers can buy, sell, convert, and transact ADA tokens. ADA has become the third-largest cryptocurrency in the market after Bitcoin (BTC)…
Today’s interview is between Zach Friedman, COO and Co-Founder of GDA Capital, and Michael Terpin, Co-Founder of BitAngels and Transform Group. This interview was conducted as part of GDA’s family office conference in October 2020. In case you didn’t know, GDA Capital is hosting a Wealth Management Summit on…
The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In 2020, there were 247 new SPACs, which collectively got $83 billion in capital by issuing public shares. The average SPAC IPO in 2020 was a…
By December 21, 2020, MicroStrategy purchased a total of 70,470 bitcoins with an overall purchase price of $1.125 billion. The buying spree occurred in two phases when it purchased 40,824 and 29,646 BTC at an average price of nearly $21,925. MicroStrategy got into a strategic alliance with Coinbase earlier…
The U.S. Senate voted 84 to 15 on Monday, confirming Janet Yellen as the Treasury Secretary. She is the first woman ever to be selected for this role. Last week, Yellen received a nod from the Senate Committee on Finance for the role of Secretary of Treasury. Showing bipartisan…
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