# NYDIG raises B in funding, valuation now B

# NYDIG raises $1B in funding, valuation now $7B

“# NYDIG raises $1B in funding, valuation now $7B ” On Tuesday, New York Digital Investment Group, or NYDIG, a financial institution specializing in Bitcoin financial services such as savings accounts, trading brokerages, 401(k)s, etc., announced it had secured a $1 billion equity investment led by WestCap. The funding places its valuation at nearly $7…

Read More
# Cyprus’ finance ministry recommends ‘capacity building’ for crypto

# Cyprus’ finance ministry recommends ‘capacity building’ for crypto

“# Cyprus’ finance ministry recommends ‘capacity building’ for crypto ” Cyprus is moving to regulate the cryptocurrency industry, with the country’s finance ministry releasing a national risk assessment on crypto. Published on Monday, the official documentation provides a risk assessment for the Republic of Cyprus regarding money laundering risks related to virtual asset activities and virtual…

Read More
# Dogecoin gains 25% after Elon Musk confirms Tesla will accept DOGE for merchandise

# Dogecoin gains 25% after Elon Musk confirms Tesla will accept DOGE for merchandise

“# Dogecoin gains 25% after Elon Musk confirms Tesla will accept DOGE for merchandise ” Dogecoin (DOGE) saw a sudden price increase on Dec. 14 after Elon Musk announced that Tesla would begin accepting it for some purchases. DOGE/USD 1-hour candle chart (Bittrex). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed DOGE/USD climbing over…

Read More
# Bitcoin loses K on Wall Street open as trader warns altcoins look ‘rekt’ against BTC

# Bitcoin loses $48K on Wall Street open as trader warns altcoins look ‘rekt’ against BTC

“# Bitcoin loses $48K on Wall Street open as trader warns altcoins look ‘rekt’ against BTC ” Bitcoin (BTC) declined as Wall Street trading opened on Dec. 13 as stocks came off Dec. 10’s record close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD diving below $48,000 to…

Read More