Bitcoin has been much of the market to new all-time highs as institutional investors pile into digital finance, but it could be the arrival of Coinbase, a leading crypto exchange, on Wall Street that may make a significant impact. Bitcoin may be the most dominant player in the world of cryptocurrencies, but Coinbase has grown […]Read More
A firm from Australia that uses renewable energy to mine Bitcoin (among other businesses) has raised two times the intended capital in a recent round. Doubling valuation Iris Energy, an Australian data center that powers Bitcoin mining firms, has doubled its fundraising round to A$40 million ($31 million) ahead of an initial public offering (IPO), […]Read More
Anonymous sources inside digital exchange Robinhood said that its plans for initial public offering (IPO) have been put on hold amid the fallout of the GameStop saga, according to Fox Business Network senior correspondent Charles Gasparino. SCOOP: Ppl inside @RobinhoodApp tell @FoxBusiness plans for an IPO are on hold to focus on surviving the current […]Read More
The crypto trading/investment management platform is also considering the possibility of a merger with a special purpose acquisition company. Source linkRead More
Wall Street is coming for crypto and how. The two US banks have previously contended against the growth of cryptocurrencies but have turned a bright eye for Bitcoin this year. Multiple reports over the weekend stated that while Goldman Sachs could underwrite Coinbase’s upcoming initial public offering, JPMorgan issued a client note stating that Bitcoin […]Read More
Coinbase’s selection comes per industry sources cited by Business Insider. Source linkRead More
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