Investment

Wells Fargo Joins Elliptic’s Series B Investment Round

Wells Fargo Strategic Capital, the venture arm of the fourth-largest bank in the U.S., is contributing $5 million to Elliptic’s Series B funding round. According to a Feb. 13 press release, the investment will help the company build products for large financial institutions. The latest investment brings Elliptic’s Series B raise to more than $28 …

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SiriusXM invests $75 million to play a bigger role in SoundCloud

Sponsored Links Thomas Trutschel via Getty Images In what could be a sign of a closer partnership in the future, SoundCloud has secured a $75 million investment from SiriusXM. In exchange for the cash infusion, the streaming company says it gave Sirius a minority stake and two board seats. The circumstances surrounding this latest investment …

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How to Red Flag Scams: Bitcoin Doubler Club, Cryptomia247, Mining Cheap, Orelex, and Wintrust

</header> <strong>Last week’s news.Bitcoin.com post warning about common bitcoin scams like “The Bitcoin Code” elicited a plethora of comments and suggestions from readers, asking about and reporting other platforms and services claiming to provide bitcoin investment opportunities. This article examines some of these, and most importantly seeks to provide readers with basic tips for recognizing …

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Australian Regulator Gives Green Light to App-Based Retail Bitcoin Fund

Australia’s finance watchdog has given the go-ahead to a bitcoin fund aimed at retail investors. The first such fund in the country, the bitcoin offering is being launched by micro-investment app provider Raiz Invest Australia, reports The Australian Financial Review. The Raiz app allows users to invest the small change left over from everyday purchases …

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Bitcoin Gained 8.9 Million Percent Over the Last Decade

</header> <strong>2020 is fast approaching and the last decade will be behind us. Throughout the last ten years, the biggest unicorn firms were born like Uber and Airbnb. However, even though Bitcoin isn’t a company, the best investment of the decade belongs to the decentralized cryptocurrency Satoshi created. In fact, Bank of America’s recent securities …

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Searching for Synthetix: Which Token Will Be Next Year’s 50x Winner?

</header> <strong>If you bought synthetix (SNX) this time last year, you don’t need to read these words. You’re already rich after your moon bag lived up to its billing and pulled a 50x. Despite the era of undiscovered gems tapering off in 2018, there’s still a handful of tokens that achieve the impossible each year, …

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Crypto-Friendly Mobile Banking Firm Revolut to Attempt Raising $500M+

British mobile banking firm Revolut is negotiating with investors to raise at least half a billion dollars next year, Reuters reports on Nov. 12. Since the end of 2017, Revolut’s app has allowed its users to complete transactions in cryptocurrencies including Bitcoin (BTC), Litecoin (LTC) and Ether (ETH). According to Reuters, Revolut plans to raise …

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Pension Funds Double Crypto Asset Exposure in Morgan Creek’s Fund to 1%

Morgan Creek Digital now takes up around 1 percent of the assets of two Fairfax Retirement System pension funds – an investment which has more than doubled since taking their first position in the fund that closed in February. Two of the three pension funds under the system from Fairfax County, Virginia, the Police Officer’s …

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The ‘Bitcoin Rich List’ Has Grown 30% in the Last Year, But Why?

The Bitcoin Rich List, or the number of addresses holding more than 1,000 BTC, has grown in the past 12 months, possibly reflecting an influx of high-net-worth investors.   The metric has registered growth of 30 percent since September 2018, according to Coin Metrics data. Even when adjusted to exclude addresses known to belong to exchanges, …

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