Tag Archives: trading

Bitcoin Might Fade Out Of Existence, Warns Academic

Prasad stated that Bitcoin’s lack of efficiency and its inability to facilitate exchange as a mode of payment will be the reason for its downfall. The future of Bitcoin is hard to predict, but Eswar Prasad, an international trade policy professor at Cornell University has warned that the world’s most popular cryptocurrency could fade out in the near future. In …

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Crypto Custody Firm Anchorage Raises $350M Funding at $3B Valuation

Anchorage-Founders-15dec-2021

The Series D funding round was led by global investment firm KKR and included Goldman Sachs, Alameda Research and Andreessen Horowitz. Anchorage Digital closed a $350 million funding round, valuing the cryptocurrency custodian at more than $3 billion. The Series D funding round was led by global investment firm KKR and included Goldman Sachs, Alameda Research and Andreessen Horowitz, among …

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HSBC & Wells Fargo Now Accepted Blockchain Solution To Initiate Global Forex Trades

wells-fargo-news2021

HSBC And Wells Fargo, two leading banking companies, are working together to implement a blockchain solution to strengthen their foreign exchange transactions. According to Mark Jones from Wells Fargo, this will be the first time the bank will integrate blockchain-based solutions into its services portfolio to start and regulate Forex trading.   According to the agreement, the two banks will …

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