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Fintech Focus For January 26, 2021
Monday, January 25, 2021 - 7:54pm | 2086Read More...Quote To Start The Day: The greatest wealth is to live content with little. Source: Plato One Big Thing In Fintech: In financial services, the concept of “know your customer” (KYC) is at the heart of establishing trusted relationships with clientele and strategic partners, while...
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Fintech Focus For January 25, 2021
Monday, January 25, 2021 - 12:47am | 3113Read More...Quote To Start The Day: You can't be a real networker unless you’re connected. Source: Michael Gruen One Big Thing In Fintech: Experts say 2021 is poised to see greater adoption and venture capital investment in blockchain technology. That prediction comes as more financial services apps...
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Microstrategy Buys The Bitcoin Dip, Gets Ready To Host February Event
Friday, January 22, 2021 - 11:09am | 337Read More...Microstrategy Inc (NASDAQ: MSTR) and CEO Michael Saylor continue to be strong believers in the growing value of Bitcoin by placing its treasury reserves into the cryptocurrency. What Happened: A new 8K filing shows that Microstrategy bought 314 additional bitcoin recently at a price...
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7 SPACs To Play The Rise Of Bitcoin, Cryptocurrency Stocks
Thursday, January 21, 2021 - 6:30am | 850Read More...The rise in the value of Bitcoin price and media coverage of cryptocurrencies could make the industry ripe for startups going public in 2021. One of the methods for cryptocurrency companies to go public could be through a special purpose acquisition company. Coinbase is considering a 2021...
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Fintech Focus For January 8, 2021
Thursday, January 7, 2021 - 7:42pm | 1594Read More...Quote To Start The Day: Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. A 4.8% rally in the electric carmaker’s share price Thursday boosted Musk past Amazon.com Inc. founder Jeff Bezos on the Bloomberg Billionaires Index, a...
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Fintech Focus For January 4, 2021
Sunday, January 3, 2021 - 12:58pm | 1446Read More...Quote To Start The Day: Cheers to a new year and another chance for us to get it right. Source: Oprah Winfrey One Big Thing In Fintech: The banking industry has not been spared from the impact of Covid-19. Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B...
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10 IPOs To Watch Out For In 2021, Including Petco, Poshmark, Bumble, Coinbase And More
Sunday, January 3, 2021 - 10:50am | 1517Read More...The $150 billion raised by IPOs in 2020 was the best since the dot-com boom era. Data from PricewaterhouseCoopers shows companies raised money through 183 traditional IPOs and over 240 SPACs in 2020. Here is a look at 10 companies expected to IPO in 2021. Affirm: Fintech company Affirm (...
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XRP Plummets Another 19% As Coinbase Delivers Latest Jolt
Monday, December 28, 2020 - 11:47pm | 355Read More...XRP (XRP) traded 19.14% lower over a 24-hour trailing period at $0.227 at press time, as per CoinMarketCap data. What Happened: Coinbase, a major cryptocurrency exchange desk based in Silicon Valley, delivered another jolt to Ripple on Monday, saying it had decided to suspend the XRP trading pairs...
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Fintech Focus For December 23, 2020
Tuesday, December 22, 2020 - 8:20pm | 1714Read More...Quote To Start The Day: During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting. Source: Elon Musk One Big Thing In Fintech: Jack Miller, head of trading at Baird,...
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Elon Musk Curious If Converting Tesla's Balance Sheet To Bitcoin Is 'Even Possible'
Sunday, December 20, 2020 - 10:35pm | 731Read More...Tesla Inc (NASDAQ: TSLA) CEO Elon Musk could do his shareholders a $100 billion favor by converting the automaker’s balance sheet to Bitcoin, his MicroStrategy Inc (NASDAQ: MSTR) counterpart Michael Saylor suggested. What Happened: Saylor made his comments in response to Musk poking...
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Bitcoin Price Briefly Touches $24,000
Saturday, December 19, 2020 - 6:05pm | 169Read More...Bitcoin crossed the $24,000 mark, briefly reaching $24,300 today. What Happened: Bitcoin hit its all-time high Saturday at noon, Eastern Standard Time, briefly touching the $24,200 mark, according to major US crypto exchange Coinbase. It tops off a week of highs for the leading...
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Fintech Focus For December 18, 2020
Thursday, December 17, 2020 - 6:54pm | 1735Read More...Quote To Start The Day: Our fundamental work shows that bitcoin should be worth around $400,000. Source: Scott Minerd One Big Thing In Fintech: Robinhood Markets will pay $65 million to settle allegations that it failed to properly inform clients it sold their stock orders to high-frequency...
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Coinbase Files For IPO With Bitcoin At All-Time Highs
Thursday, December 17, 2020 - 5:21pm | 453Read More...Cryptocurrency exchange Coinbase confirmed Thursday it filed for an IPO. What Happened: Coinbase announced in a blog post it has confidentially submitted its registration for an IPO by filing its S-1. Coinbase last raised funds in 2018 at an $8 billion valuation. The company was valued at $1.6...
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Fintech Focus For December 10, 2020
Wednesday, December 9, 2020 - 5:44pm | 1806Read More...Quote To Start The Day: Two armies that fight each other is like one large army that commits suicide. Source: Henri Barbusse One Big Thing In Fintech: Stock trading app Robinhood Markets Inc has picked Goldman Sachs to lead preparations for an initial public offering (IPO) which could come next...
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Fintech Focus For December 4, 2020
Thursday, December 3, 2020 - 8:49pm | 2010Read More...Quote To Start The Day: One can look at a SPAC as the reverse of a traditional IPO. A SPAC goes public first—usually with a highly regarded executive team able to raise money from large institutional investors—with the intent to acquire a private company to put in its shell within...
