Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
According to the CEO of ICE, Bakkt’s parent company, the launch of the firm’s physically settled Bitcoin futures, is on the horizon. The CEO has said that they are waiting for NYFDS approval.
Google’s parent Alphabet became the most cash-rich company in the world during the second quarter of 2019, taking Apple’s long-held crown. Alphabet apparently has $117 billion in cash, while Apple has $102 billion.
Google has commenced testing Play Pass, a subscription service that will give users full access to all content including gaming and non-gaming apps. This is coming a few months after Apple announced its own version, Apple Arcade.
On August 1st the ETH is under pressure again. It is generally traded around 213.19 USD.
Weaker USD may be good news for Bitcoin price which could pick up more because of the quarter-percent rate cut. The move has been seen as preventative by economists but could also be a catalyst for the next financial crisis.
Rebel Foods, Mumbai based restaurant quietly raised whopping $125 million cash and is expanding rapidly. The restaurant bounces back after almost shutting its doors, and is currently valued at $535 million startup.
Jerusalem-based Lightricks – the developer behind subscription-based content creation apps Facetune and Enlight announced that it’s secured $135 million in series C funding at a $1 billion valuation.
Revolut, the financial services firm, has just launched a new digital service that will allow its customers trade U.S. stock from the New York Stock Exchange and Nasdaq. The service will be free and available to all customers.
The National Basketball Players Association (NBPA) and the NBA have partnered with Dapper Labs to launch a blockchain-based marketplace for NBA highlights in the form of in-game collectibles.
Bitcoin had been in an uptrend for most of the day, and yesterday it managed to successfully pierce the $10,000 mark, which is generally considered to be a level of crucial psychological, if not technical, resistance.
A report released by KPMG issue hopes that the second half of 2019 could witness record-breaking highs fueled by massive M&A closings. This comes despite the fintech investment in the U.S. fell during HI’19.
Visa Inc. has announced the expansion of its Fast Track program to startups in the U.S. The multinational payment company will use this program to help fintech startups integrate Visa with their respective platforms.
China’s CCID has published another crypto project evaluation chart, where it overlooks 37 projects which the country’s researchers consider the “best”. EOS, Ethereum, and Tron lead the pack while Bitcoin trails behind.
Bitcoin derivatives provider LedgerX announced it has launched the first physically-settled bitcoin futures contracts in the U.S. The contracts, which pay traders out in Bitcoin, will be available to both institutional and retail investors.
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