Search Results for: Holdings

Decurrent Holdings to Sell its Crypto Business to Amber Group Atop Steep Losses

Japan-based digital currency trading and exchange outfit DeCurrent Holdings has decided to sell its crypto unit to Hong Kong-based Amber Group. As reported by Nikkei, the deal is expected to be completed by February and while the monetary terms remain undisclosed, it is expected to be worth millions of dollars. DeCurrent split its business into … Continue reading Decurrent Holdings to Sell its Crypto Business to Amber Group Atop Steep Losses

SoftBank's Tech Division Z Holdings Eyes NFT Marketplace

Z Holdings, the internet arm of Japanese multinational conglomerate SoftBank Group, is reportedly planning to launch a Non-Fungible Token (NFT) marketplace before the end of the year. As reported by Bloomberg, the marketplace is designed to help the company meet its mid-term revenue targets by tapping into the growing hype around digital collectables.  With the … Continue reading SoftBank's Tech Division Z Holdings Eyes NFT Marketplace

Bitcoin Whale Holdings Hit a 7-Month High, Despite Retail Investors Panicking

Based on the back and forth witnessed, the $38K to $40K zone of Bitcoin is proving to be a hard nut to crack in the market.  BTC whales have been accumulating heavily in this area as their holdings continue to skyrocket. Market analyst Will Clemente noted: “BTC whales’ holdings are now the highest since September … Continue reading Bitcoin Whale Holdings Hit a 7-Month High, Despite Retail Investors Panicking

US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral

Milo, a financial technology company that reimagines mortgage credit, removes the obstacle for down payments if homebuyers use crypto holdings as collateral for home loans.  Miami-based Milo is willing to lend out individual home loans of up to $5 million to borrowers if they present the sufficient amount of Ethereum and Bitcoin they hold before being … Continue reading US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral

Ethereum Whales Buy Dip, Increasing Holdings by 180,000 ETH

Ethereum whales took advantage of the recent dip by increasing their holdings by 180,000 ETH.  Market analyst Ali Martinez stated: “Ethereum whales are buying the dip. The number of addresses with a balance greater than 1,000 ETH increased by 0.81%, adding 180,000 ETH to their holdings.” Source:Glassnode Therefore, whale transactions have been going a notch … Continue reading Ethereum Whales Buy Dip, Increasing Holdings by 180,000 ETH

MicroStrategy Counting $162m Loss on BTC Holdings as Price Volatility Continues

Nasdaq-listed business intelligence and software firm MicroStrategy Incorporated is sitting on a massive loss concerning its Bitcoin (BTC), considering the bearish sentiments engulfing the market at the moment. The company comes off as one of the most prominent Wall Street firms that pioneered shoring up its balance with Bitcoin, a move it made first around … Continue reading MicroStrategy Counting $162m Loss on BTC Holdings as Price Volatility Continues

Miami International Holdings Partners with Lukka, Launching Crypto Derivatives

Miami International Holdings, Inc. (MIH), the owner of Miami International Securities Exchange and a blockchain data company Lukka Inc, announced on Wednesday that they have entered into a strategic cooperation to launch crypto derivatives on MIH exchange platforms based on Lukka-supplied crypto data. Miami International Holdings, Inc is also the owner of other options and equities … Continue reading Miami International Holdings Partners with Lukka, Launching Crypto Derivatives

Cypherpunk Holdings Sells All Crypto Assets to Avoid Market Volatility

Cypherpunk Holdings, a Canada-based firm that invests in technologies and cryptocurrencies, announced on Tuesday that it has sold all of its Bitcoin and Ether holdings to ride out the ongoing market risks. The firm sold 214.7203 Bitcoins for about C$6.09 million ($4.7 million) and 205.8209 Ethers for C$293,000 ($227,000). In total, the company accumulated C$6.38 … Continue reading Cypherpunk Holdings Sells All Crypto Assets to Avoid Market Volatility

HKD.com Announces M+A with Technicorum Holdings, Creating $100m Valuation in Singapore

      SINGAPORE & HONG KONG – JUNE 28 , 2022 Hong Kong Digital Asset Exchange Limited (HKD.com), a leading digital asset exchange in Hong Kong, today announces that the company has entered a joint strategic partnership and merger and acquisition with Technicorum Holdings (www.technicorum.com), diving further into the $163 billion annual global blockchain market. … Continue reading HKD.com Announces M+A with Technicorum Holdings, Creating $100m Valuation in Singapore

Tether Aims to Render More Transparency by Slashing Commercial Paper Holdings

Based on continuous efforts to decrease its commercial paper portfolio for transparency purposes, Tether revealed that it would slash its holdings by $5 billion by the end of July. In a statement, Tether Holdings, the issuer of USDT, the world’s largest stablecoin, pointed out: “Currently, Tether has 8.4B of these holdings, of which 5B will … Continue reading Tether Aims to Render More Transparency by Slashing Commercial Paper Holdings

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