Tag: BlockFi

¡COINBASE lanza su Token en ETHEREUM? ¡Salida a Bolsa Híbrida?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ¡COINBASE lanza su Token en ETHEREUM? ¡Salida a Bolsa Híbrida? ¡ATÍZAME UN LIKE! ¡Gracias! Es posible que #COINBASE lance su Token en #ETHEREUM con una salida a Bolsa IPO Híbrida? Comentamos el interesantísimo vídeo de Chico Crypto en el que especula sobre la posibilidad de que parte de las acciones de la salida a Bolsa de Coinbase sean Tokenizadas y quizá utilizando la blockchain de ETH Ethereum! Además, qué está pasando con #BITCOIN BTC ¿Sabías que 2gether ha logrado el desafío de…

Bitcoin rewards triggered shopping frenzy for cardholders: BlockFi data

Bitcoin (BTC) turned out to be a far more attractive prize than airline miles or other cashback rewards, new data from BlockFi suggests.  It’s been three months since the New York-based crypto loans startup launched its Visa-backed Bitcoin rewards credit cards, BlockFi Rewards Visa Signature Credit Card, to customers. The card offers rewards in Bitcoin instead of using a more traditional points system. According to the company, if the average Bitcoin rewards card owner continues the shopping habit seen in these first three months, they’ll be on track to spend…

BlockFi Files for Bitcoin Futures ETF — CoinDesk

The fund, “BlockFi Bitcoin Strategy ETF,” would only invest in futures contracts traded on the CME, according to regulatory filings. It would be registered under the so-called ‘40 Act. Those attributes are in line with a hypothetical bitcoin ETF that SEC chair Gary Gensler has hinted may finally receive the long-sought approval. Source

BlockFi Gets Another Extension From NJ Regulators on New Interest Accounts Ban — CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk English ​ Source

After Targeting BlockFi, State Regulators Now Set Their Eyes On Celsius

Earlier this year, crypto lending platform BlockFi started facing the heat from state regulators in New Jersey, Texas, and Alabama. Other states have joined the fold since then, as well. Celsius this week is now facing similar cease and desist demands from all three of the same states that BlockFi first faced. Let’s take a look at what we know thus far, and what it could potentially mean for DeFi moving forward. Regulators Reach: What Celsius Is Facing It’s becoming quickly apparent that Celsius is joining the fight in facing…

Bitcoin has BROKEN OUT! $200,000 BTC in 2021..? Bitcoin Price Prediction & News

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How long do you think it’ll take for BTC to reach $200k? 👑🚀 Let me know in the comments! 💬 Also, you can support the channel by liking the video and checking out the links below.👇🏼 Appreciate you. 🙏🏼 💸📊 My Complete Portfolio + Daily Newsletter. This is a complete list of my options, stocks, and cryptocurrency positions. I update it every trading day during market hours, and send out an email newsletter explaining my thoughts. – 👾💎 Exclusive WAVE$ Discord Group:…

Tesla's Bitcoin announcement boosts cryptocurrency markets by billions of dollars

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The news that Elon Musk’s Tesla car company will accept bitcoin as payment boosted cryptocurrency markets by $100 billion in just a few hours. In summary * Crypto markets surge as a result of Tesla’s acceptance of Bitcoin. Within hours, the global market cap increased by $100 billion. With a series of raises and new sponsorship deals, cryptocurrency projects continue their march into the mainstream. When Elon speaks about Bitcoin, the market pays attention. It was no different in the early hours…

Anonymous Group Claims Blockfi Facing Solvency Issues Due to Exposure to the BTC Trust – Featured Bitcoin News

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An anonymous group has claimed that Blockfi, which has an estimated $1.8 billion in customer assets invested in Grayscale Investment’s GBTC, is facing potential insolvency issues associated with the negative premium on the GBTC shares. Using the negative premium of minus 7.89% on the GBTC shares to illustrate the extent of the problem, the anonymous group posits that Blockfi faces a loss of $232 million. Anonymous Group Alleges Blockfi Insolvency Threat According to a statement posted on the anonymous group’s website, Blockfi, which is promising its investors an annualized interest…

Crypto Lender BlockFi Raises $350M at $3B Valuation, Eyes International Expansion

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The crypto lender BlockFi has noted as one of its many plans to utilize the new capital boost to accelerate the expansion of its services into new markets. Crypto lender and digital assets services provider BlockFi has announced the completion of its Series D capital fundraising. Per the official press release, the company recorded $350 million in the financing round, led by new investors including Bain Capital Ventures, partners of DST Global, Pomp Investments, and Tiger Global. Since its inception back in 2017, BlockFi has conducted four funding rounds with…

Crypto lending firm BlockFi raises $350M in new funding round

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Bain Capital Ventures, Pomp Investments, Tiger Global, and partners of DST Global have led investors in a $350 million series D funding round for the crypto lending firm BlockFi, according to an announcement on March 11. The company indicated that with the addition of these funds, as well as $100 million raised via three earlier funding rounds in the last two years, BlockFi is now valued at $3 billion. The secured funds will reportedly be used to expand the crypto offerings at the firm, including a Bitcoin (BTC) rewards credit card…