To expand its derivatives business overseas, Coinbase attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022. Crypto exchange Coinbase attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022, hoping to broaden its derivatives business overseas. The company, however, has decided not to go forward with...Continue Reading

The former president of FTX US founded the company in January to serve institutional investors in crypto and traditional derivatives. Architect Financial Technologies, the startup founded by former FTX US president Brett Harrison, will provide derivatives brokerage services following its Architect Financial Derivatives subsidiary receiving approval from the National Futures Association (NFA) to operate as...Continue Reading

This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain. The venture capital industry appears to be gearing up for portfolio rebalancing in 2024, with investors positioning themselves to increase exposure to digital assets in the next bull market. Blockchain Capital, for instance,...Continue Reading

Google’s BigQuery added 11 new public datasets for blockchain networks, allowing users to obtain a variety of data from these networks. Google Cloud’s BigQuery service just added 11 blockchains networks to its data warehouse, according to a September 21 blog post. The new networks include Avalanche, Arbitrum, Cronos, Ethereum Görli testnet, Fantom, Near, Optimism, Polkadot,...Continue Reading

Marcel Pechman explains whether real estate or Bitcoin is a better store of value and breaks down Instacart’s current valuation and why investors may want an alternate investment. On this week’s episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the real estate markets, highlighting stagnant mortgage demand, attributed to rising rates. With an average...Continue Reading

Bitcoin and the major altcoins are down from their weekly highs, but the bulls are trying to form a higher bottom, indicating buying on dips. The Federal Reserve did not hike interest rates in its meeting on Sep. 20 but hinted that rates could remain higher for longer. At the post-meeting press conference, Fed Chair...Continue Reading

Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to “regulatory changes”. Dubai-headquartered cryptocurrency exchange Bybit has announced the suspension of services to the United Kingdom in response to pending rules from the country’s Financial Conduct Authority, or FCA. In a Sept. 22...Continue Reading

Bitcoin is a bargain for some at current levels, but downside BTC price predictions remain firmly on the agenda. Bitcoin (BTC) circled lower after the Sept. 21 Wall Street open as $20,000 BTC price predictions resurfaced. BTC/USD 1-hour chart. Source: TradingView Bitcoin analysis: Hype, FOMO and a “slow grind” to $28,500 Data from Cointelegraph Markets...Continue Reading

CoinShares’ subsidiary and broker-dealer registered with FINRA will be conducting marketing activities for the new hedge fund division in the United States. Major European cryptocurrency asset manager CoinShares is launching a hedge fund division in the United States despite the country’s tough crypto regulation climate. CoinShares officially announced the news on Sept. 22, stating that...Continue Reading

Successful firms know that branding and marketing don’t happen by magic or according to checklist-type formulae. For too many Web3 projects, marketing is often an afterthought. The prevailing wisdom is that a visionary founder will generate a killer idea that will get VCs frothing, use their funding to hire a superstar developer (or an entire...Continue Reading