Didi Chuxing, China's largest ride-hailing company, filed Thursday to go public in the U.S. in what is expected to be one of the year's largest initial public offerings in tech. Didi, which filed ... ( read original story ...)
Crypto exchange Kraken rethinks IPO plans after Coinbase stock listing
Kraken CEO Jesse Powell says he's reconsidering how the cryptocurrency exchange will go public in light of Coinbase's choppy direct listing. ( read original story ...)
Ledger raises $380 million for its crypto hardware wallet
French startup Ledger has raised a $380 million Series C funding round led by 10T Holdings. Following today’s funding round, the company has reached a valuation of $1.5 billion. Other investors in the ... ( read original story ...)
JPMorgan says there’s weak bitcoin demand from big investors and a crypto bear market could be on the way
A bitcoin bear market could be on the way as the demand from big investors to support the cryptocurrency — a key narrative of the bulls — is just not there, according to JPMorgan analyst Nikolaos ... ( read original story ...)
Bitcoin Ruling Roils Crypto World Seeking Regulatory Clarity
International banking regulators’ decision to classify Bitcoin as the riskiest of assets dragged cryptocurrencies further into the mainstream financial world. ( read original story ...)
Biggest Renewable-Powered Crypto Mining Data Center Planned for Texas
Manhattan Solar Partners, LLC has announced plans to construct the biggest renewable-powered cryptocurrency mining data center in the USA. ( read original story ...)
Millennial millionaires have a large share of their wealth in crypto, CNBC survey says
Millionaire millennials have a large share of their wealth in cryptocurrency, according to a new financial survey. Nearly half of millennial millionaires, 47 per cent, have at least a quarter of their ... ( read original story ...)
How the Sweetgreen IPO Could Like Buying Starbucks at $17
A Sweetgreen IPO could be underway. And buying Sweetgreen stock could be like getting Starbucks at $17. Here's why the Sweetgreen IPO has big potential. ( read original story ...)
No funding threat to sports that do not meet expectations at Tokyo Olympics
UK Sport chair Dame Katherine Grainger has indicated that a lack of data means medal targets are unlikely to be set. ( read original story ...)
Two experts on bitcoin volatility, crypto as an investment and more
Anthony Pompliano, Pomp Investment founder and partner, and Brian Kelly, Brian Kelly Capital founder, join 'Power Lunch' to discuss the price volatility of bitcoin, if cryptocurrency is good to invest ... ( read original story ...)
Crypto ranked as riskiest business
Handling cryptocurrencies is the riskiest of businesses, according to the world’s most powerful banking standards-setter. As moves to regulate the market accelerate, the Basel Committee on Banking ... ( read original story ...)
Hardware Bitcoin And Crypto Wallet Manufacturer Ledger Completes $380 Million Fundraising Round
Ledger has finished a $380 million series C funding round, the third largest in crypto and blockchain history. The money will be used towards product upgrades and a new services platform. ( read original story ...)
With Bitcoin At $33K, Should You Buy These Crypto Stocks?
Bitcoin prices have crashed from levels of around $62,000 in mid-April to just about $33,000 as of Tuesday. The sell-off has been driven by multiple factors including China’s crackdown on Bitcoin ... ( read original story ...)
Coinbase teams up with 401(k) provider to offer crypto exposure
Jeff Schulte, ForUsAll CEO, joins 'Power Lunch' to discuss the decision to allow ForUsAll members to invest in crypto through their 401(k) portfolios. ( read original story ...)
Japan’s Biggest Bank to Bet $9 Billion on Riskier Asset Push
Japan’s biggest bank is planning to plow about $9 billion into a new investment team that will look to buy credit, equities and alternative assets in a bid to lift investment returns. ( read original story ...)
Bitcoin, Other Crypto Assets Targeted for Stiff Banking Regulation
The top global standard setter for banking regulation proposed a strict new rule that would require banks to essentially set aside a dollar in reserves for every dollar of bitcoin they own. ( read original story ...)