The US government has transferred a significant amount of the flagship cryptocurrency Bitcoin ($BTC) to Nasdaq-listed cryptocurrency trading platform Coinbase, according to data from the cryptocurrency’s blockchain. According to cryptocurrency analysis firm PeckShield, 49,000 BTC worth around $1 billion from wallets related to seizures of the now defunct darknet marketplace Silk Road have started moving. The government sent 9,826 BTC […]

Shares of Enfusion, Inc. (ENFN) are rising more than 12% Tuesday morning after the company turned to profit in the fourth quarter. Enfusion reported a profit of $788000 or $0.01 per share in the fourth quarter, compared with loss of $293.89 million or $2.26 per share in the same quarter a year ago. Quarterly revenue increased 27.2% year-on-year at $40.52 […]

Shares of Bellerophon Therapeutics, Inc. (BLPH) are rising more than 25% at $2.39. The company today announced into a subscription agreement with a life sciences-focused institutional investor to sell 718,474 shares at a price of $2.00 per share and 1,781,526 prefunded warrants at $1.99 per pre-funded warrant. The company intends to use the proceeds of about$5 million from this offering […]

Crypto market capitalization dropped close to half a percent in the past 24 hours to $1.02 trillion amidst weak sentiment triggered by developments at crypto-focused Silvergate Bank. Bearish outlook was also supported by reports of release of creditor payments from the bankrupt MT Gox exchange. Shares of Silvergate Corporation are trading more than 9 percent lower on Monday after it […]

Shares of real estate investment company Kennedy-Wilson Holdings, Inc. (KW) are rising more than 7% Monday morning on the news of it getting included in the S&P SmallCap 600. The company will be added to the index on March 20. KW, currently at $18.02, has traded in the range of $13.97-$25.30 in the last 1 year. Source: Read Full Article

In a recent interview, Mark Yusko, the Founder, CEO, and Chief Investment Officer of SEC-registered investment advisor Morgan Creek Capital Management, LLC, shared his thoughts on $BTC and $DOGE. According to a report by The Daily Hodl, on Thursday (March 2), while appearing as part of a panel that included David Duong (Head of Institutional Research at Coinbase) and Dan […]

The introduction of NFTs on the blockchain has increased on-chain transactions to record highs. The rising network usage comes despite the heavy-handed regulations in the US. Bitcoin’s network activity is witnessing a surge in on-chain activity despite stringent market regulations, especially in the US. Analytics firm Glassnode published a report Monday showing a positive sentiment among the investors of the […]

Cryptocurrencies plunged around 3.5 percent in the past 24 hours as bad news from crypto-friendly Silvergate Bank overwhelmed crypto sphere. The cryptocurrency-focused bank’s warning that it was reviewing its ability to continue as a going concern has sent shock waves across the industry. Silvergate Capital Corporation, in its recent filing with the SEC had submitted that it would not be […]