Q DeFi Rating is already in operation. It aggregates and analyzes information on Ethereum, Binance Smart Chain, Heco, Matic, Tron, Polkadot as well as other blockchains.The “never invest money that you can’t afford to lose” rule applies just as much to the crypto world as it does to investments in traditional finance. Asset volatility, the complexity of strategies and the very nature of investments themselves make it a high-risk affair. Failing to understand the risks involved can lead to...
Read More »Bitget Fiat Business Launched: Now Users Can Buying Cryptos Paying with Fiat
Bitget supports 42 fiat currencies, including EUR, KRW, JPY, USD, VND, TWD.Bitget, a derivatives exchange, announced that it had officially launched buying cryptos by fiat on April 13, 2021(UTC+8), it offers users the possibility to directly buy cryptos such as BTC and ETH with fiat. Users can select Buy Cryptos in the navigation bar on the homepage, and exchange their funds after selecting the service provider.Recently, on the eve of Coinbase‘s listing on Nasdaq, Bitcoin once again hit a...
Read More »Thomas Farley: Cryptocurrency Is Here to Stay
Bitcoin and cryptocurrency have been all the rage as of late, but they are attracting a lot more than retailers and standard crypto investors. Wall Street is getting heavily intrigued by digital currency as well, and one man – Thomas Farley, the former president of the New York Stock Exchange (NYSE) – feels that the future of finance may very well have crypto serving at the forefront. Thomas Farley: I’m Excited By Crypto In a recent interview, Farley commented that...
Read More »ICE and Union Square Ventures Sold Off Over $1B of Coinbase Shares
Shortly after Coinbase became a publicly-traded company, some of its long-term backers sold their portions and netted significant profits. Such is the case with Union Square Ventures and the Intercontinental Exchange, as both pocketed more than $1 billion. ICE Sell Off Coinbase Shares CryptoPotato reported in mid-April the significant milestone in the entire cryptocurrency industry when the giant US-based exchange Coinbase officially went public on Nasdaq through a direct...
Read More »Dogecoin: People Differ on What Route It Will Take
Dogecoin has been all the rage as of late. While bitcoin has been sinking into oblivion, Dogecoin keeps getting attention and has recently hit a new all-time high. However, when something comes up, it usually winds up having to come down at some point, so when will that occur for what is now considered the fourth-largest cryptocurrency by market cap? Dogecoin Has Caused Quite a Stir Two young people have recently shared their thoughts about where the currency will go...
Read More »COIN Stock Up 1%, Coinbase Acquires Skew for Undisclosed Amount
Coinbase will integrate data analytics from Skew to its platform to allow traders to track spot and derivatives markets in real-time. Coinbase Global Inc (NASDAQ: COIN) stock was up over 1% on Friday to trade around $300 at the time of reporting. The spike was attributed to the announcement that the cryptocurrency exchange firm has acquired a leading data analytics and trade execution platform for institutional investors Skew.According to Coinbase through a blog post, the latest acquisition...
Read More »The Crypto Weekly Recap: ETH Eyes $3000, Bitcoin Dominance at 33-Month Low
The past week has been overall very favorable for the cryptocurrency market. The total capitalization grew to $2.15 trillion, which is a 17% increase. Most of it came from altcoins, however. At the time of this writing, bitcoin’s price trades at around $56,000 following a quick spike. It’s up 9% on the week and managed to recover some of the losses of the previous seven days. In general, the overall trajectory for BTC has been quite positive. It started the week at slightly...
Read More »Intercontinental Exchange Parts Ways with Coinbase, Sells Its Stake for $1.2 Billion
The decision by ICE to offload its stake was strategic and came at a time when Coinbase reported Q1 revenue of $1.8 billion amid the ongoing crypto market boom.Intercontinental Exchange Inc (NYSE: ICE), the owner of the New York Stock Exchange has revealed it has sold its stake in the recently listed cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN). As revealed in the company’s earnings call on Thursday, Chief Financial Officer, Scott Hill said the company’s 1.4% stake was sold off...
Read More »Nestle Acquires Core Brands of The Bountiful Company for $5.75B
Nestle expects to finalize the acquisition of The Bountiful Company during the second half of this year. Nestle SA (Swiss Exchange: NES.N-CH) announced on Friday that it has acquired core brands of The Bountiful Company for USD 5.75 billion. As part of the acquisition, Nestle noted that the transaction will include high-growth brands Nature’s Bounty, Solgar, Osteo Bi-Flex, Puritan’s Pride as well as the company’s US private label business.The Bountiful Company is well known as a manufacturer,...
Read More »Coinbase to Acquire Crypto Analytics Company Skew
Coinbase is to purchase the UK-based crypto resource firm Skew to enhance its efforts for providing real-time actionable data analytics to traders and institutions. Both parties said that Skew’s platform will be integrated with Coinbase Prime. Founded in 2018 in London, UK, Skew is a cryptocurrency-oriented data analytics company providing investors with “modern, credible, and regulatory compliant tools.” The firm announced that Coinbase has agreed to acquire it and...
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