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CryptoAM

  • Super efficient DAOs can change the world, and they’re only just starting

    September 14, 2021

    DAOs are just getting started with seemingly limitless potential, says Dr Chris Kacher.

  • Argo Blockchain launches IPO with sale of US shares

    September 14, 2021

    Argo Blockchain, the only London listed crypto mining company, has launched an Initial Public Offering as it awaits approval to list on the Nasdaq exchange. Today, Argo said it had commenced the sale of 7,500,000 American Despositary Shares, equal to 75,000,000 ordinary shares. The last closing price of Argo’s ordinary shares on the London Stock [...]

  • Exclusive: Estonia’s PM firmly rejects Bitcoin, despite fierce lobby from Coinbase and crypto industry

    September 14, 2021

    Estonia is widely considered to be one of the most likely contenders to regulate crypto in the EU first. After all, welcoming Bitcoin and other virtual currencies into its payment infrastructure would fit in nicely with Estonia’s ambitious digital agenda and its much-talked about e-residency program. However, the country’s prime minister – Kaja Kallas – [...]

  • Bitcoin and co calm the markets after yesterday’s news storm

    September 14, 2021

    The crypto markets are looking a little more buoyant today, echoing a general uplift across the traditional markets after the S&P closed higher yesterday for the first time in six days.

  • Fake news: Walmart confirms it is not partnering with Litecoin

    September 14, 2021

    The price of Litecoin soared 34 per cent in a matter of hours before crashing down to Earth when news of a partnership with Walmart turned out to be false. Yesterday, a press release distributed by GlobeNewswire, which was reported on in Reuters, Bloomberg News and CNBC, claimed that Walmart would accept Litecoin payments in [...]

  • Morgan Stanley to launch new crypto research team led by Sheena Shah

    September 13, 2021

    Morgan Stanley has said that Sheena Shah, a leading currency analyst, will head up a new team that researches crypto assets. A spokesperson for the company confirmed to City A.M. that Shah’s team will be based in London and research cryptocurrencies’ impact on both equities and fixed income worldwide. Shah has worked at the company [...]

  • Coinbase to raise over £1bn through bond sale

    September 13, 2021

    Coinbase, the world’s fifth largest crypto exchange by trade volume, has announced plans to raise $1.5bn (£1.08bn) through a debut bond offering.  The company said it will offer Senior Notes, a type of bond which carries a low degree of risk, which will be due in 2028 and 2031 as part of a private sale. [...]

  • All eyes on digital assets: Brevan Howard targets crypto

    September 13, 2021

    Hedge fund Brevan Howard will “significantly expand” its focus on crypto and digital assets with the launch of a new unit focused on the sector, in the latest move indicating growing institutional appetite for the asset class. Brevan, one of Europe’s largest hedge funds, announced it has launched a new division, dubbed “BH Digital”, which [...]

  • News of Walmart accepting Litecoin as payment was an elaborate hoax

    September 13, 2021

    News that US retail giant Walmart had suddenly announced it would be accepting Litecoin from next month has been uncovered as a hoax.

  • Michael Saylor buys up another 5,050 Bitcoin for MicroStrategy

    September 13, 2021

    MicroStrategy – the world’s first PLC to hold Bitcoin – has bought more of the flagship cryptocurrency, taking its total holdings to a staggering 114,042 BTC worth almost $5.1bn.

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