Wednesday, October 5, 2022

Market

Bitwise Floats Dedicated Crypto Funds for Aave and Uniswap

With crypto funds and indexes coming mainstream, the Bitwise options for the Aave and Uniswap are likely to see increased embrace from investors across the board. Digital currency asset manager, Bitwise has launched independent Crypto Funds for decentralized finance...

Li Auto Set for Secondary Listing in Hong Kong to Raise $1.93 Billion

Chinese carmaker Li Auto set to offer secondary listing in Hong Kong as a hedge against geopolitical risks between America and China.Automobile manufacturer Li Auto (NASDAQ: LI), is going ahead with a secondary listing on the Hong Kong...

Crypto Trading Firm Voyager Acquires Coinify in $85M Cash & Stock Deal

With the latest acquisition, Voyager will be able to expand its international footprint while simultaneously expanding its business-to-business capabilities.On Monday, August 3, crypto trading firm Voyager Digital announced its acquisition of Coinify. As a result, Voyager will pay...

Oil Giant BP Increases Dividend in Q2 Report Earnings, Plans $1.4 Billion Buyback

British oil company BP rakes in profit in recent quarterly earnings as oil market recovers from pressure exerted by the pandemic.BP (LON: BP) announced its Q2 earnings to shareholders, with figures higher than expected. The oil and gas...

Crypto Asset Management Firm Arca Launches Arca Digital Yield Fund

The Arca Digital Yield will be the first of its kine actively managed fund in the crypto space providing more investment flexibility than the passive counterparts.On Monday, August 2, the digital asset management company Arca launched its Arca...

SQ Stock Up 10% after Square Acquires Sydney-based Afterpay for $29B

Square reported a net revenue excluding that from Bitcoin of $1.96 billion during the second quarter.Square Inc (NYSE: SQ) stock closed Monday trading at $272.38, 10.16% higher than the opening price. The spike was attributed to news that...

Tourism Industry to Adopt Crypto Payments as They ‘Will Really Matter for Travel’

The list of tourism companies accepting crypto payments is constantly growing. You will find the names of tourism players currently transacting in crypto below.It is quite difficult to name at least one sphere that has not been touched by...

On-Chain Expert Predicts $162K Bitcoin Peak This Cycle

Bitcoin continues to beat expectations this year. Despite most investors speculating the bull market was already over, the digital asset has posted another rally that shows that the market might in fact still be in a bull cycle....

Square to Acquire Australian Company Afterpay in $29 Billion Deal

Jack Dorsey’s Square will be acquiring Afterpay, which is a “buy now and pay later” firm in a deal worth $29 billion. Jack Dorsey, CEO of Twitter Inc, is all set to purchase Afterpay, a company...

Bitcoin Remains At Risk, Why BTC Could Nosedive Below $38K

Bitcoin price struggled to recover above $40,000 and extended its decline against the US Dollar. BTC could dive below $38,500 if it continues to stay below $40,000. Bitcoin extended its decline below the $40,000 and $39,200 support levels. The price...
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