CryptocurrencyDennis Sahlstrom

DeVere Launches A New Crypto Fund
Cryptocurrency
DeVere Launches A New Crypto Fund
News broke yesterday, November 2nd, that deVere Group has officially launched an actively managed cryptocurrency solution. Who is the deVere group? DeVere Group is one of the world’s leading independent financial advisory organisations, with more than $10 billion under advice from over 80,000 clients in 100 countries. On their website they state: “We help our clients, who are primarily expatriates and international investors, reach and often exceed their financial goals.…
Crypto Market Down But Exchanges Are Making Billions In Revenue
Cryptocurrency
Crypto Market Down But Exchanges Are Making Billions In Revenue
The cryptocurrency market has struggled during 2018 and lost over 75 percent from its peak in January. Even so, many exchanges have had billions in revenue, according to recent news. The exchanges with the largest revenues Even though the market has come tumbling down the past year, many have still made big gains. Especially the exchanges, and Coinbase Inc, among others, is projecting a yearly revenue of nearly $1,3 billion,…
The Finance Minister Of South Korea Says Yes To Banks Working With Crypto Exchanges
Cryptocurrency
The Finance Minister Of South Korea Says Yes To Banks Working With Crypto Exchanges
South Korea has been progressive in accepting innovation and technology and has done the same with cryptocurrencies and blockchain. A commissioner of the Financial Services Commission (FSC) has reaffirmed that there exist no issues related to banks and cryptocurrency exchanges working together, according to the news outlet Token post. South Korea More Positive regarding cryptocurrencies Choi Jong-Ku is the commissioner of the FSC that emphasized that as long as cryptocurrency…
Coinbase Closes Series E Funding Round, Valued at More Than $8 Billion
Cryptocurrency
Coinbase Closes Series E Funding Round, Valued at More Than $8 Billion
The behemoth cryptocurrency exchange Coinbase is now valued at more than $8 billion. This comes following a $300 million Series E funding round which was headed by Tiger Global Management. The cryptocurrency platform headquartered in San Francisco announced the fundraising round on its blog earlier today. Furthermore, this means that Coinbase’s valuation has increased massively from its August 2017 valuation of $1.6 billion. This latest investment round was led by…