Financial Sector SPACS Take Hold
The mainstream emergence of Special Purpose Accquisition Companies (SPAC for short) has became one of the hottest market stories of 2020 and the trend appears to be continuing into the new year.
Brilliant or “Sneaky” Bitcoin Activity?
Just in case you haven't heard (amazing), the price of Bitcoin reached over $40,000 last week as more institutional investors have decided to gain exposure to the digital asset/currency.
Walmart Continues its March into Fintech with New Ribbit Capital Partnership
Walmart issued a late day press release on Monday, 1/11/21, in tandem with Ribbit Capital, that the two firms were announcing the creation - or should I say co-creation - of a new fintech start up. The new firm, which is yet unnamed (the fintech formerly known as symbol?), will be "designed to develop and offer modern, innovative and affordable financial solutions", according to the announcement.
Fintech Job Market Holds Steady, with Shortages of Mid-and Senior-Level Talent
London-based Computerweekly.com is reporting that fintech- and payment-sector related jobs bounced back significantly after a brief drop-off after the initial Covid 19 lockdowns.
NFL Panthers’ Star Russell Okung Traded? Yes, Dollars for Bitcoin.
Last week several news headlines read that Russell Okung, star offensive tackle of the National Football league's Carolina Panthers, would be the first player to be paid his salary in Bitcoin. Not totally true. Almost immediately another headline rang out that, no, he is not being paid in Bitcoin.
Crypto is Going to the Moon. But MARS?
Almost everyone has seen that cryptocurrencies have lately been.....well, a real moonshot. Bitcoin, ether and the lesser known digital currency names have had quite a blast off.
Chicago Fed President Mistakes Jan. 1st for April 1st (April Fools Day)
Charles Evans, President of the Chicago Federal Reserve bank, seems to have completely mistaken New Years Day (Jan 1) for April Fools Day (April 1) as he gave a speech Monday.
The Experts Weigh in on Trends in Digital Wealth for 2021, Part 3
Friends, this is our third and final installment of our "mini-series" on digital wealth predictions for 2021 from the top fintech minds in the industry. We had so many responses this year that we broke this apart into 3 separate installments and this will be our final one.
The Most Ominous Warning for Bitcoin EVER!
Pretty sure EVERYONE has heard of bitcoin by now. Pretty sure there are far less "non-believers" (aka bitcoin bears) too. BUT, for any die hard long term "bitcoin going to zero" folks out there here is your sign. A cruise ship with a grand business plan was purchased and re-named but is now headed to the scrapyard. What was it re-named? The Satoshi.
$500 Billion? Really? Yes, Really!
Most everyone probably knows what the headline is referring to, but just in case, it;s the current market cap of Bitcoin.