Crypto exchange Gemini raises $400 million in funding, hitting a $7.1 billion valuation
    22 Nov 2021
    537 Views

    One of the world’s leading crypto exchanges, Gemini, has secured $400 million in a recent investment round led by Morgan Creek Capital. The funding round values the company at $7.1 billion. Gemini also plans to invest heavily in alternative metaverse proposals. Gemini, the cryptocurrency platform and exchange founded by twins Cameron and Tyler Winklevoss, has…

    Bitcoin’s drop to $56,000 may have been the local bottom
    22 Nov 2021
    452 Views

    After a fantastic price run hit a new all-time high of over $69,000 on November 10, Bitcoin’s price to drop to $55,705 just 9 days later. Though, Marcel Pechman sees 3 reasons why that significant drop may have been the local bottom. Bitcoin has been on a fantastic price run since the announcement of the…

    JPMorgan’s Crypto Ambiguity
    22 Nov 2021
    557 Views

    Investment bank JPMorgan Chase has a notoriously uncertain attitude towards cryptocurrencies. On the one hand, the administration’s stance on the issue is very negative. On the other hand, the bank actually launched its own stablecoin – JPM Coin. It’s meant to satisfy the bank’s corporate clients who want access to digital money. JPMorgan Chase’s $…