Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds – Bitcoin News

Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds

With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the crypto market, the regulator has acknowledged. Russians Among Most Active Crypto Users, Central Bank Admits … Read more

Gemini Crypto Platform Secures $400 Million in Equity Funding Placing a $7.1 Billion Value on the Firm

Gemini Crypto Platform Secures $400 Million in Equity Funding Placing a $7.1 Billion Value on the Firm

Late last week the wunderkind tandem of Cameron and Tyler Winklevoss announced the successful close of a $400 million equity round of financing for their cryptocurrency platform, Gemini. This latest funding infusion balloons Gemini’s balance sheet to an impressive $7.1 billion valuation. “Gemini is the portal into crypto for new and seasoned investors alike,” said … Read more

Jihan Wu’s Crypto Mining Platform Bitdeer To Go Public In $4 Billion SPAC Deal

Jihan Wu’s Crypto Mining Platform Bitdeer To Go Public In $4 Billion SPAC Deal

Jihan Wu, chairman and founder of Bitdeer. Bloomberg Bitdeer Technologies, controlled by crypto pioneer Jihan Wu, is planning to go public in the U.S. by merging with a blank check company in a deal that will value the Singapore-based bitcoin mining firm at $4 billion.  Bitdeer is a spinoff from Bitmain Technology, a Chinese bitcoin … Read more

Sudden $400 Billion Crypto Price Rout Sees Bitcoin Crash Under $60,000 As Ethereum, BNB, Solana, Cardano And XRP Plummet

Sudden $400 Billion Crypto Price Rout Sees Bitcoin Crash Under $60,000 As Ethereum, BNB, Solana, Cardano And XRP Plummet

Bitcoin and cryptocurrency prices have fallen sharply over the last 24 hours, with the bitcoin price crashing under $60,000 per bitcoin. Other major cryptocurrencies, including ethereum, Binance’s BNB, solana, cardano and Ripple’s XRP, have also fallen back—all losing between 7% and 10% of their value. The sudden crypto price crash has wiped around $400 billion … Read more

Crypto VC firm Paradigm debuts monster $2.5 billion fund – TechCrunch

Crypto VC firm Paradigm debuts monster $2.5 billion fund – TechCrunch

As the crypto market continues to push towards new heights, investors are finding heightened LP appetite for exposure to the space, leading to new venture funds that are huge — even by 2021 standards. Paradigm, a crypto VC firm founded in 2018 by Coinbase co-founder Fred Ehrsam and former Sequoia Capital partner Matt Huang, has … Read more

Crypto gaming, NFTs, Web3 expected to onboard the next billion users into crypto?

Crypto gaming, NFTs, Web3 expected to onboard the next billion users into crypto?

Here’s one way to bring the next billion users in the crypto sector: Crypto gaming + NFTs + Web3. Let’s talk about the recent boom in the gaming aspect. DappRadar, an analytics platform showed a boom in crypto gaming. Last month saw blockchain games make up the majority of activity in the Dapp industry. Around 55% of unique … Read more

Crypto funds AUM surges 46% to all-time high of $74.7 billion: Report

In October, bitcoin and ethereum rose by 42.0% and 35.4%, respectively. (REUTERS)

Digital asset investment products or crypto funds were in demand as assets under management grew across the board in October, with total AUM reaching $74.7 billion (till 21 October, surpassing the previous all-time high of $58.7 billion in March, according to a report by digital asset data provider CryptoCompare. The AUM included all-time highs for … Read more

Crypto Asset Management Market worth $1.2 billion by 2026

Crypto Asset Management Market worth $1.2 billion by 2026

CHICAGO, Oct. 29, 2021 /PRNewswire/ — According to a new market research report “Crypto Asset Management Market by Solution (Custodian and Wallets), Application Type (Web-based and Mobile-based), End User (Individuals and Enterprises (Institutions (BFSI, Hedge Funds), Retail and eCommerce)), and Region – Global Forecast to 2026”, published by MarketsandMarkets™, the global Crypto Asset Management Market … Read more

EU has exported over 1 billion COVID-19 vaccines

U.S. retail industry seeks 90-day lead time on COVID-19 rules

A woman holds a small bottle labelled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in this illustration taken October 30, 2020. REUTERS/Dado RuvicBRUSSELS, Oct 18 (Reuters) – Over one billion COVID-19 vaccines produced in the European Union have been exported to more than 150 countries since December 2020, the head of the … Read more