China releases final anti-monopoly rules targeting major tech and payments firms

China’s market regulator finalizes rules that have been three months in the making. China has finalized new guidelines to aid in antitrust battle against tech giants.  On Feb. 7, the State Administration for Market Regulation released finalized rules for its anti-monopoly push against e-commerce and payments giants like Alibaba, Ant Group and Tencent. The guidance specifically […]

Over the moon: Bitcoin’s all-time high and how to invest

Mere days after celebrating its 12th birthday, Bitcoin showed the world that it has much room for growth. After topping $20,000 in 2020, Bitcoin didn’t stop and continued to break milestone after milestone, climbing above $40,000.  On February 8th, 2021, news broke that Elon Musk’s Tesla will start accepting Bitcoin and intends to purchase $1.5 […]

Bitcoin-Based Lending And Savings Platform Ledn Raises $2.7 Million

This morning, Toronto-based bitcoin lending and saving company Ledn announced a $2.7 million financing round led by White Star’s Digital Asset Fund, with participation from Darrow Holdings, Coinbase Ventures, Global Founders Capital, CMT Digital and Kingsway.  The Toronto-based company serves clients in over 100 countries by offering interest-paying savings accounts for bitcoin and USDC, as […]

Tesla allocates 7.7% of gross cash to Bitcoin

Breaking down Tesla’s Bitcoin purchase reveals the emergence of a new corporate whale. Tesla (TSLA) sent shockwaves across the financial markets Monday after a United States Securities and Exchange Commission filing confirmed that the electric vehicle maker has added Bitcoin (BTC) to its balance sheet. Tesla’s latest Form 10-K filing for the fiscal year ended […]