FUNDAMENTAL LABS LEADS $200 MILLION SEED ROUND FOR BINANCE.US | by heidi

  Fundamental Labs was the lead investor for a seed funding round in which Binance.US, a cryptocurrency exchange, raised $200 million total. Fundamental Labs invested $20 million based on a $4.5 billion pre-money valuation. Binance plans expansion and new product offerings with the $200 million injection. Fundamental Labs, a blockchain-focused venture capital firm, took the … Read more

Coinbase to track off-platform crypto transfers in Canada | by heidi

  Citing compliance with local jurisdictions, crypto exchange Coinbase announced to soon collect additional information from users based in Canada, Singapore and Japan.  Effective from April 1, Coinbase users from Canada, Singapore and Japan will be required to provide additional information while sending cryptocurrencies to a different (non-Coinbase) platform.  However, while Singaporean and Japanese investors … Read more

US investment bank Cowen launches dedicated crypto division | by heidi

  Cowen, a major American independent investment bank, has officially launched a dedicated cryptocurrency and digital asset division. Called Cowen Digital, Cowen’s new business is designed to offer full-service trade execution and custody for cryptocurrencies like Bitcoin (BTC) and other digital assets for institutional investors, the firm announced on Wednesday. In order to launch the … Read more

Bitcoin hits 3-week high as fresh impulse move sends BTC price to $43.3K | by heidi

  Bitcoin (BTC) saw a fresh impulse move overnight into March 22 as bulls briefly reclaimed $43,000. RSI hints at underlying strength The action contrasted with the lack of volatility since the weekend and neatly fitted with the more bullish predictions surrounding near-term trajectory. For popular trader Crypto Ed, who had previously given $43,000 as … Read more

‘Ukraine Crisis Highlights How Bitcoin Can Act as a Support Mechanism’ | by heidi

  On Monday, Sven Henrich, the founder and the lead market strategist for northmantrader.com discussed bitcoin “rallying in the face of this crisis.” The technical analyst and market commentator highlighted four reasons why he believes bitcoin’s value surged — “Fundamental, Sentiment, Technical, [and] Safety trade.” Northmantrader’s Founder Sven Henrich Describes Why He Thinks ‘Bitcoin Is … Read more