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Tag Archives: Investment

Chinese Investment Group to Raise Funds for Japanese Stable Coin

Grandshores Technology Group, a Hong Kong-based public blockchain investment company, is planning to raise $12.7 million through a digital token fund in an effort to finance a yen-backed cryptocurrency project. More Stable Coins Into The Crypto Pot Grandshores Technology was initially a contracting company that pivoted to the blockchain industry after being acquired by SHIS, a corporation owned by Singapore-based ...

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Majority of Circulating Bitcoins Stored in Investment Wallets

A majority of circulating Bitcoins (BTC) are stored in investment wallets, according to a new report by cryptocurrency industry and analysis newsletter Diar. The analysis shows that 55 percent of bitcoins are currently kept in wallets that are valued over $1.3 million,  constituting balances of more than 200 BTC. One third of BTC in those wallets have reportedly never been ...

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Oryx’s New Investment Platform Will Help Startup Companies

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. September ...

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Medici Ventures’ Latest Blockchain Investment Bridges Fiat With Crypto

Medici Ventures, Overstock’s blockchain technology company, has invested an undisclosed sum in a Utah based company called Bitsy that specializes in bridging cryptocurrencies with fiat. The investment marks one of several that Medici Ventures has made in recent years as its parent company, under the leadership of CEO Patrick Byrne, continues to tout blockchain technology’s long-term prospects. Medici Ventures believes ...

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SEC Suspends Trading in Bitcoin and Ethereum Investment Products

The regulator pointed to “a lack of current, consistent and accurate information” in the two crypto investment vehicles issued by Swedish firm XBT Provider AB following their entry into the US market last month. The U.S. Securities and Exchange Commission (SEC) on Sunday issued an order to halt the trading in Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF), ...

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Still Bitcoin Cash is a Better Investment

Yesterday’s BTC mini crash is surely a blow to altcoins. In a 24 hour span, BCH recorded a 16 percent lose breaking below $600, crashing stops and confirming the bear break out pattern set by Aug 8 bears. That’s aside from signaling the completion of a retest phase and a probable ignition of the trend resumption stage that could drive ...

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Digital Wealth Management Firm Apex Clearing to Launch Crypto Investment Subsidiary

Financial clearing and execution company Apex Clearing confirmed it planned to open a dedicated cryptocurrency entity in a press release Wednesday, September 5. Apex, which has operated since 2012, will create Apex Crypto to give existing clients access to various cryptocurrencies, initially including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC) among others. Investing platforms such as broker ...

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NGC Boston Meetup – Frontier of Blockchain Investment

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. On ...

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Investment Firm Denies Involvement In Bitmain IPO Following Erroneous Media Reports

Singapore-based investment company Temasek has officially denied involvement in the cryptocurrency mining giant Bitmain’s Initial Public Offering (IPO), according to an official statement August 30. Last month, media reported that Temasek was one of the key investors in the Bitmain pre-IPO funding round. The investment firm’s commitments for the pre-IPO allegedly totalled $560 million. In response to the reports, Temasek ...

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