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Amber Group, a crypto-finance company, Valued at $1B following a $100M funding raise

Amber Group, a cryptocurrency investment platform, has raised $100 million in a successful Series B fundraising round, bringing its total pre-money valuation to $1 billion. A significant milestone for the company as it enters its fourth year of operations. According to co-founder and CEO Michael Wu. The funds will be used to “expand global operations […]

Bitcoin Price Shows All 3 Key Signs of a Classic Bull Trap

Bitcoin Price Shows All 3 Key Signs of a Classic Bull Trap

The price of Bitcoin increased over a 24-hour span by more than 10 percent, rising from $7,020 to $7,770 on both spot and futures exchanges. But, BTC shows all three signs that the upsurge was a trap for bulls. Before the rebound, negative futures funding levels, Bitcoin altcoins struggling to run front. And the BTC […]

Aussie Crypto Unicorn Raises $160M Funding From ‘Big Four’ Bank

Aussie Crypto Unicorn Raises $160M Funding From ‘Big Four’ Bank

Airwallex, a member of Australian fintech unicorn and RippleNet, raised $160 million in a funding round led by Australian ‘big four’ bank, ANZ. Also, San Francisco-based cloud software firm, Salesforce. Moreover, it involves the round with current investors Tencent, Sequoia Capital China, DST Global and Horizons Ventures. Taking the sum of $362 million earned by […]