The billionaire hedge fund manager also noted that he would go “all-in” on crypto if the US Federal Reserve remains nonchalant about the rising inflation and consumer prices.
Goldman Sachs executive said that the recent market rout provides a great opportunity to new entrants and its clients are showing greater interest in crypto-based products in recent times.
Soon after completing the $500 million bond sale, MicroStrategy is willing to raise another $1 billion with the public sale of its Class A common stock and using those proceeds to buy Bitcoin.
The latest funding rounds that Stripe has closed and the level of participation may suggest a more ambitious move for the payment processor.
Beyond the company’s move in seeking advancement in its smartwatch, it is also working assiduously to explore new areas, notably in the Apple car pursuits.
The new Virtual Currency Bill passed by Texas and the state banking committee gives all banks the right to offer crypto custodial services to its clients.
Notably, Virgin Group owns 80% of Virgin Orbit shares, with Mubadala Development Company owning 20%.
Coinbase is expected to open its new office in New York. By the time of reporting, there haven’t been any official comments from the company.
Apart from the two bills focused on Amazon and Apple, the other three include the Platform Competition and Opportunity Act, Augmenting Compatibility and Competition by Enabling Service Switching (ACCESS) Act and Merger Filing Fee Modernization Act.
Anticipated to be one of the biggest tech IPOs of 2021, Didi IPO could fetch the company a $100 billion valuation while raising $10 billion.
Powell revealed that Kraken now has eyes set on a more traditional initial public offering (IPO) describing the firm’s stance on the plan as ‘very serious’ as they look to avoid any potential issue should they go public via a direct listing.
Although meme stocks put on quite a show on Thursday, some of them have now crashed, failing to hold on to the heave price swings.
Considering Plaid’s features are unrivaled, Tesla has increased its price by $10,000 to around $130,000, higher than the preceding Model S, which went for $79,990.
The US market indices also saw a good boost as the Department of Labor released the jobless claims for the week ended June 5.
ForUsAll administers 401(k) plans for 400 clients and it is not clear how many of these have signed up for the current crypto offerings with Coinbase.