Crypto Trading and Strategies
Digital asset custody platform Fireblocks completes $310 million fundraise
Capital increase takes company’s valuation to US$2 billion as it looks to grow customer base, partnerships.
Michelle Lim
Contributor
Michelle Lim
Michelle is a journalist at Forkast. Prior to joining the team, she wrote for CNN and served with the Singapore Foreign Service. She holds a Master of Journalism from the University of Hong Kong and a Bachelor of Business Administration from the National University of Singapore.
- Stories
- 444
-
-
Market Analysis
What’s Ethereum price outlook for the rest of 2021?
Ethereum’s future is top of mind for a group of fintech experts polled by Finders. Where do they think Ethereum prices are headed, and will Ethereum overtake Bitcoin?
Michelle Lim
-
Bitcoin News
Tesla reports $1.3B in Bitcoin holdings in Q2 2021
Electric carmaker Tesla on Monday reported that it held US$1.3 billion of Bitcoin, according to the company’s Q2 2021 financial results update. Fast facts There was no change to Tesla’s Bitcoin holdings from the previous quarter, but the company took a Bitcoin-related impairment hit of US$23 million due to the fall in Bitcoin prices, according […]
Michelle Lim
-
Investment Insights
CoinShares: Multi-asset crypto investments see inflows amid outflows from Bitcoin and Ethereum
For the third consecutive week, digital asset investment products last week saw outflows — this time, to the tune of US$28 million, according to CoinShares, Europe’s largest digital assets fund manager. Bitcoin saw the majority of outflows, but multi-asset investment products remained positive with inflows of US$3.1 million. Fast facts Bitcoin investment products saw US$24 […]
Michelle Lim
-
Regulatory News
Singapore crypto license applications in final stages of review
Singapore’s central bank is in the final stages of reviewing applications for licenses to provide crypto services, including payments and the operation of cryptocurrency exchanges, according to Tharman Shanmugaratnam, minister in charge of the Monetary Authority of Singapore (MAS), which regulates financial institutions in Singapore. Fast facts To date, Singapore has received over 480 crypto […]
Michelle Lim
-
DeFi News
Bybit contributes $19M to BitDAO in ETH, USDT and USDC to support DeFi growth
Singapore-based crypto derivatives exchange Bybit today announced it had made a US$19.3 million contribution in Ethereum (ETH), Tether (USDT) and USD Coin (USDC) to BitDAO, one of the world’s largest decentralized autonomous organizations, which it helped launch last month. Fast facts Many crypto projects, especially those in decentralized finance, have organized themselves as DAOs for […]
Michelle Lim
-
Bitcoin News
Bitcoin price surges to almost $40K as Asia wakes to Amazon crypto reports
Led by traders in Asia, Bitcoin saw its biggest one-day gain in over a month amid speculation that Amazon is getting into crypto.
Michelle Lim
-
Regulation
Binance and FTX slash leverage limit from 100x to 20x amid crypto regulations heat
FTX CEO Sam Bankman-Fried says it’s time to move on from high leverage in crypto trading. Binance also seeks new CEO with a stronger regulatory background.
Michelle Lim
-
Regulation
Binance chief ‘CZ’ seeks regulatory expert to lead as exchange looks to boost image
Speaking at an SCB 10X DeFi virtual summit, Binance CEO Changpeng Zhao says an IPO is not out of the question, but that the exchange first needs to set up corporate structures as it navigates increased regulatory scrutiny.
Michelle Lim
-
Regulation
SEC: Commissioners’ statement not relevant to Ripple’s XRP lawsuit defense
US Securities and Exchange Commission staffers say their appointed leaders’ views do not reflect the agency's stance on Ripple and XRP.
Michelle Lim
