Fintech - Spark Newswire

2 minute read

Meme Stocks Are Back In Demand After Traders Circle Back From Bitcoin

June 11, 3:53 PM

What Happened: Bitcoin’s massive correction in May has led to retail traders moving out of the cryptocurrency and back into popular meme stocks like AMC Entertainment Holdings Inc (NYSE: AMC) and GameStop Corp. (NYSE:

AMC

2 minute read

Elon Musk Has No Role At Bitcoin Mining Council, Say Founding Members

By Samyuktha Sriram

June 11, 3:22 PM

A coalition of Bitcoin miners known as the Bitcoin Mining Council (BMC) unveiled its official website earlier today while making sure to explicitly state that Elon Musk had no part to play in its operations.

MARA

1 minute read

Crypto Bank Galaxy Digital Stock Rated ‘Buy’ By BTIG Brokerage

By Adrian Zmudzinski

June 11, 2:24 PM

A brokerage firm BTIG has updated its ratings for a crypto financial services firm, Galaxy Digital Holdings Ltd (TSE: GLXY)

2 minute read

Crypto Exchange Kraken Considers IPO After Coinbase Performance Post Direct Listing

By Samyuktha Sriram

June 11, 1:14 PM

Kraken’s Chief Executive is reportedly reconsidering the direct listing approach to take the crypto exchange public. What Happened: Jesse Powell, who co-founded Kraken in 2013 and acts as the exchange’s CEO, told Fortune on Thursday that an IPO now seems like a more attractive option.

COIN

2 minute read

Elon Musk Was Reportedly Pressured By Tesla Shareholders To Drop Bitcoin, Kevin O’Leary Says

By Adrian Zmudzinski

June 11, 12:02 PM

Tech tycoon and one of the world's richest people, Elon Musk, was pressured by the shareholders of Tesla Inc. (NASDAQ: TSLA) to drop support for Bitcoin (CRYPTO: BTC), according to prominent investor and Shark Tank co-host Kevin O'Leary.

TSLA

2 minute read

Silvergate Bank Allegedly Breaks Off Partnership With Crypto Exchange Binance

By Samyuktha Sriram

June 11, 10:11 AM

Silvergate Capital Corp (NYSE: SI), a crypto-focused bank, has suddenly ended its partnership with a leading crypto exchange Binance, according to a report from

2 minute read

US Giant Victory Capital Launches Crypto Funds In Nasdaq Partnership

By Adrian Zmudzinski

June 10, 6:32 PM

Victory Capital Management — a United States investment giant with $157.1 billion in assets under management as of the end of April — announced multiple new cryptocurrency index funds for accredited investors.

BCH