Fintech - Spark Newswire

4 minute read

Detroit Turns Into A Large Startup Ecosystem, Great For Young Entrepreneurs

Today, 7:27 PM

The cost of living in dense technology hubs like San Francisco, among others, outpaced Detroit, nearly 88%. That according to EntryPoint’s 2021 Detroit Entrepreneurial Ecosystem Report.

AMZN

2 minute read

Chinese Bitcoin Miners Have Already Shipped Equipment To Kazakhstan, Report Shows

By Samyuktha Sriram

Today, 7:27 PM

What Happened: Shenzhen-based Bitcoin miner BIT Mining (NYSE: BTCM) has already shipped some of its mining equipment outside China, according to a

BTCM

2 minute read

Van Eck CEO Insists Bitcoin ETF Is A Good Idea After SEC Delays The Decision Once Again

By Catherine Ross

Today, 7:27 PM

Jan Van Eck, the CEO of asset manager Van Eck Associate, urged the United States Securities and Exchange Commission (SEC) to approve a Bitcoin (CRYPTO: BTC) exchange-traded fund due to investor demand.

GBTC

2 minute read

Crypto Startup Founded By Morgan Staley Traders Is Now A Unicorn

By Adrian Zmudzinski

Today, 7:27 PM

Amber Group — a Hong Kong-based cryptocurrency trading firm founded by Morgan Stanley (NYSE: MS) traders turned into a unicorn.

COIN

2 minute read

Dogecoin Selloff Continues Despite Elon Musk’s Attempt To Rescue The Coin

By Samyuktha Sriram

Today, 7:27 PM

What Happened: Crypto markets entered a downward spiral after China’s central bank warned financial institutions against dealing with cryptocurrency-related services.

TSLA

2 minute read

Morgan Stanley Co-Leads $48M Funding Round In Coinbase-Backed Securitize

By Samyuktha Sriram

Today, 7:27 PM

What Happened: Morgan Stanley (NYSE: MS) has made its first investment in the blockchain industry, co-leading a $48 million investment round in digital asset securities firm Securitize, Inc.

2 minute read

Here’s What’s Happening In India’s Uncertain Crypto Landscape

By Samyuktha Sriram

Today, 7:27 PM

What Happened: After several conflicting reports over the course of the past few months, India may now move to officially classify cryptocurrency as an asset class.

COIN

3 minute read

Fintech Spotlight: Axis-Z Brings Virtual Reality To Trading

By Renato Capelj

Today, 7:27 PM

Key Takeaway: For a few hundred dollars, traders can pick up Oculus VR headsets and trade from anywhere. The VR workspaces can be personalized and offer traders a unique way to cut equipment costs.

2 minute read

Will Tesla Resume Bitcoin Transactions Now That Miners Clean Energy Usage Exceeds 50% In China?

By Samyuktha Sriram

Today, 7:27 PM

What Happened: Over the weekend, crypto markets rallied after Elon Musk tweeted that Tesla Inc (NASDAQ: TSLA) would resum

TSLA

1 minute read

NFT Marvel Marketplace Launches On Binance

By Adrian Zmudzinski

Today, 7:27 PM

A blockchain developed by the world's top crypto exchange Binance will host the non-fungible marketplace dedicated to the Marvel superhero universe owned by Walt Disney Co. (NYSE: DIS).

DIS