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Bitcoin Daily: Japan's SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High

PYMNTS

Bitcoin continued its price climb today (Nov. While that price apex was followed by a bubble burst and bitcoin fell to $3,122 in 2018, analysts and crypto fans predict this wave is different. FinTech STAX, a capital-raising platform that accepts both dollars and cryptocurrency, helped WCA raise the funds. “We

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What happened to the bitcoin bubble?

Chris Skinner

I was interviewed by UBS’s wealth management team a month ago, when the bitcoin bubble was in full bloom. That is the contention of Chris Skinner, Chairman of The Financial Services Club, author of thefinanser.com blog and one of Financial News’ ‘FinTech 40’ most influential people in financial technology.

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UK FinTech Seeks License To Bank Crypto Firms

PYMNTS

London FinTech startup DAG Global is going after the first merchant bank license in the U.K. Businesses managing cryptocurrencies have had a tough time maintaining relationships with legacy banks because of the perception that bitcoin-type transactions are connected to criminal behavior.

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Bitcoin Daily: FinTech Outpaces Blockchain In 2018 VC Funds; Chainalysis Raises $30M For Expansion

PYMNTS

In other news, Chainalysis , a crypto transaction analysis startup, announced that it has raised $30 million in Series B funding, led by venture capital (VC) firm Accel. According to Innovate Finance ’s “ 2018 FinTech VC Investment Landscape ” report, “2018 was a record year in FinTech, with $36.6

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Bitcoin Daily: Korean Commission Suggests Allowing FIs To Offer Crypto; China’s OneConnect Platform Supports New Blockchain Financing Product

PYMNTS

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding.

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Bitcoin Increasingly Dominated By High Speed Traders

PYMNTS

Bitcoin has far more traders these days — particularly in China — than it has true believers. It’s the golden age to be in the bitcoin market, because it’s imperfect,” said Zhou Shuoji , a former IBM technology consultant whose firm, Fintech Blockchain Group, runs a bitcoin hedge fund and venture capital fund.

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Fintechs, Walmart and Crypto: A Venture Capital Firm’s Take

The Financial Brand

This article Fintechs, Walmart and Crypto: A Venture Capital Firm’s Take appeared first on The Financial Brand. Ribbit Capital partner Nick Huber talks about finding the next big thing in fintech. This article Fintechs, Walmart and Crypto: A Venture Capital Firm’s Take appeared first on The Financial Brand.

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