It seems 2022 could most definitely be another potent year for stock market debuts (IPOs) as many well-capitalised crypto-related and blockchain companies head for the exit. Next ‘Tesla’ or ‘Amazon’ IPO could possibly offer similar levels of stratospheric upside but also heaps of money lost. Reports show that in the period between 1975 and 2011,…
Crypto Futures See $300M in Losses After Spot Market Drops
Bitcoin prices rose above $52,000 on Monday before tumbling by as much as $3,000 early Tuesday, causing over $94 million in liquidations. Such figures were last seen earlier this month after bitcoin fell to as low as $41,000 from highs of around $69,000 in November. Losses due to liquidations exceeded $435 million at the time.…
Miami wants to become crypto’s financial capital
Left: Miami skyline Right: NYC skyline. Miami and New York City are competing to become the country's crypto capital. Lynne Sladky/AP; Patrick Smith/Getty Images hide caption toggle caption Lynne Sladky/AP; Patrick Smith/Getty Images Left: Miami skyline Right: NYC skyline. Miami and New York City are competing to become the country's crypto capital. Lynne Sladky/AP; Patrick…
‘Blockchain Rock’: Gibraltar moves to become world’s first cryptocurrency hub
On the southern Mediterranean coast, nestled in the shadow of the Rock’s sheer limestone cliffs and its tangle of wild olive trees, the Gibraltar Stock Exchange (GSX) is quietly preparing for a corporate takeover that could have global consequences for the former naval garrison.Less than half a mile away, next to the blue waters of…