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West Coast Aquaculture (WCA) Completes $3.65M IPO with Over 89% Raised via Tether (USDT)

West Coast Aquaculture (WCA) stocks are now listed on the Sydney Stock Exchange under the SSX code 833.As cryptocurrencies get globally accepted, an Australian-based West Coast Aquaculture (WCA) has announced that it successfully completed raising $3.65 million via IPO with over 89% through Tether (USDT). According to news outlet Coindesk, the WCA crypto IPO was facilitated by a fintech firm STAX. “The successful WCA capital raise and IPO, paves the way for the future of capital markets in...

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Bitcoin Interest Soars as Wall Street Journal Discusses Its Adoption in Front Page

According to the report, Grayscale had about $5.9 billion in assets under management. Interestingly, this has recorded a massive surge to over $10 billion.Bitcoin is currently enjoying the rally of its life since the previous market bull run that saw it surge to near $20,000. Just in 2 months, the digital asset has gained about 80% value which saw it fall short of just 4% gain to equal its all-time high of $19,783 after reaching $18,965. Wall Street Journal accessed some of the possible...

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AAPL Stock Up 0.7% in Pre-Market as Apple Extends Enforcement Date for In-App Purchases Fees

Apple (AAPL) stock shows slight rebound in the pre-market after the tech giant extended the date for billing digital class holders making in-app purchases.The shares of Apple Inc (NASDAQ: AAPL) which closed down 2.97% on Monday to $113.85 are up by 0.70% in the pre-market today as the Cupertino-based company announced that it is extending the date to enforce its in-app purchase charges to specified users. As reported by CNBC, Apple announced that firm’s that runs digital classes through the...

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Cardano (ADA) Price Analysis: More Upsides Likely Above $0.18

ADA price is gaining momentum and it is trading well above the $0.1500 resistance against the US Dollar.The price is trading above the $0.1700 level and the 55 simple moving average (4-hours).There is a key connecting bullish trend line forming with support near $0.1540 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above the $0.1800 and $0.1850 resistance levels.Cardano price is gaining a strong bullish momentum above $0.1500 against the US Dollar, while...

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Ethereum Price Analysis: ETH Breaks $600, Bulls Could Aim $660

Ethereum price is gaining pace above the $580 and $600 resistance levels against the US Dollar.ETH price is currently trading well above $600 and the 55 simple moving average (4-hours).There are two key bullish trend lines forming with support near $560 and $520 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher above the $620 and $625 resistance levels.Ethereum price is trading in a nice uptrend above $600 against the US Dollar. ETH/USD is likely to...

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Visa CEO Alfred Kelly Believes the Future of Crypto Is Solid

The CEO of Visa – Alfred Kelly – is weighing in on where he sees bitcoin going in the next few months.Kelly: The Payment World Is About to Really Open UpNo doubt bitcoin has had a rather strong year (it’s probably been the only thing that’s remained strong throughout 2020). Things aren’t necessarily looking up for cash, checks and other traditional payment methods once the coronavirus is dead and gone. Kelly believes that the world is likely going to transition to digital payments in such a...

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PayPal CEO: 28 Million Merchants Will be Able to Use Cryptocurrency for Transactions in 2021

It is now a well-known fact that payments giant PayPal is knee-deep in the Bitcoin market. In today’s interview with CNBC, CEO Dan Schulman explained his rationale behind the world’s top cryptocurrency value. He also elucidated on why his company is placing giant buying bets on BTC.The Utility Surrounding Bitcoin And Cryptocurrencies Is What Imparts Them ValueUpon being asked to explain the inherent value of bitcoin, PayPal CEO Dan Schulman immediately said that BTC and the aggregated class...

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Coinspeaker Interview with Ether.Insure: Boring Way to Unlock $15 Billion

Despite the significant yields available in DeFi, many institutional and mainstream retail investors are hesitant to enter, due to the risks factors associated with DeFi. Ether.Insure is here to change the situation.On 23rd of November, Coinspeaker interviewed Allan Henderson, Co-Founder of Ether.Insure, on his views about where the entire DeFi space is headed.With Bitcoin coming close to its previous all-time high, how has this impacted the DeFi space?Positive price movements breed positive...

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Battle of Industry Titans: Who Will Bring Change to Crypto Industry?

The world of crypto is increasingly moving towards a larger intersection between the traditional world of finance and that of cryptocurrency.The crypto industry is gaining momentum again with Bitcoin soaring to new heights. It will likely touch the figures as high as that from the bull run of 2017-2018. With all eyes of the financial world in the crypto market again, we will see intense competition among companies. At the end, we will see a few players emerge out as winners. The battleground...

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Alibaba CEO Says Rules to Control Chinese Fintech Space Are Necessary

Recently, the Chinese regulators subjected the likes of Tencent Holdings Limited (OTC: TCEHY), Meituan (OTC: MPNGF), and Alibaba Group under critical scrutiny.Daniel Zhang, the CEO of Alibaba Group Holding Ltd (NYSE: BABA), in a World Internet Conference held at Wuzhen declared his support for the draft released by the Chinese regulators to curb internet giants and check their monopolistic behavior in the fintech market. The regulator’s decision recently caused the Ant Group‘s IPO led by the...

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