Crypto Conglomerate Bitmain’s $18 Billion IPO Will Initiate FOMO Among Investors

Bitmain, the biggest crypto conglomerate in the global market, is expected to conduct one of the largest initial public offerings (IPOs) in history, alongside Visa and Facebook. $18 Billion IPO Throughout July, Bitmain, the Chinese crypto and blockchain corporation, touted its plans to initiate an IPO valued at $15 billion. It invested in multi-billion dollar

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Circle Taps Fmr. Goldman Sachs Executive to Spearhead Regulatory Affairs

Circle Internet Financial has hired Benedicte Nolens, a former Goldman Sachs executive director, as its new head of global regulatory affairs and head of compliance for Europe and Asia operations, as the company expands into global crypto securities trading, according to Business Insider. Nolens brings significant regulatory experience, joining Circle directly from the Hong Kong

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As Cryptocurrency Exchanges Pursue ATS Licenses, Regulators Vow Enhanced Oversight

The U.S. Securities and Exchange Commission (SEC) has vowed that it will enforce enhanced oversight and transparency requirements on alternative trading systems (ATS), just as a number of cryptocurrency exchanges are pursuing these licenses. The SEC on Wednesday announced that it had voted to adopt amendments to the ATS regulatory framework, rules that it says

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Why CEOs of Circle, Coinbase, and Major Crypto Firms are Bullish on Ethereum

Executives and operators of major crypto conglomerates, valued at many billions of dollars, have been more optimistic towards Ethereum than bitcoin, the most dominant cryptocurrency in the global market, as of late. Throughout the past year, Circle, the $3 billion cryptocurrency exchange and payments platform, and Coinbase, the $8 billion cryptocurrency brokerage company which also

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Coinbase Scores Major Whale for Institutional Brokerage Service: Report

Industry giant Coinbase has scored a major win for its recently-launched institutional brokerage service, as a major hedge fund has begun using its platform to dip its toe into the fledgling cryptocurrency market. Citing unnamed sources familiar with the matter, Business Insider reports that the $20 billion hedge fund — whose name was not disclosed

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Bitcoin Mining Giant Bitmain Opens 20,000 Sq. Foot Office in Silicon Valley

Bitmain, the cryptocurrency industry’s most valuable company, has just opened an office in Silicon Valley ahead of its planned initial public offering (IPO) later this year. The Silicon Valley Business Journal reports that the China-based cryptocurrency mining hardware manufacturer has just moved into 20,000 square feet of office space in downtown San Jose, CA, filling

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U.S. Regulators Approve Coinbase Acquisitions, Enabling It to List Security Tokens

Coinbase Inc., has announced that the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINFRA) have approved its purchase of three companies that will enable the cryptocurrency exchange and wallet service to offer security tokens under federal oversight, according to Bloomberg. Speaking with the publication, a Coinbase spokesperson said the regulators

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$12 Billion Bitmain’s Second Major Investment in 2018 is EOS

Bitmain, the world’s largest cryptocurrency company valued at $12 billion, and billionaire technology investor Peter Thiel have invested in Block.one, the development firm behind EOS. Jihan Wu, the co-founder and CEO of Bitmain, who is expecting to close a $12 billion initial public offering (IPO) this summer, said in an official statement that the EOS

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Despite Previous Signals, Bitcoin Remains Key to Circle’s Strategy

After spending a couple of years signaling an impending shift in focus away from Bitcoin and cryptocurrencies, Circle Financial seems to be executing a 180-degree shift in strategy, boosting its crypto-related offerings in a series of moves that some say are positioning it as a competitor to Coinbase. Circle Distanced Itself from Bitcoin in 2016

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Bitcoin Unicorn Circle Records a 30% Spike in New Institutional Clients in May

Much like your eccentric uncle swears to have seen Bigfoot, the Loch Ness Monster, or — for the West Virginia readers among us — Mothman, many industry professionals have claimed for months to have seen evidence that institutional investors are preparing to enter the cryptocurrency markets in a major way. This event, the oracles foretold,

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