Commonwealth Investing

Bitcoin Records Eighth Week of Losses, but Sentiment Indicator Suggests Upside

Sentiment indicators reached “rock bottom” on Monday amid a prominent fund manager calling for a retest of 2019’s price levels.

Coinbase Enters Fortune 500 List of Biggest US Companies

Coinbase (COIN) became the first crypto company to enter the Fortune 500, ranking 437th in the business magazine's listing of the biggest companies in the U.S. by revenue.

Climate Company Flowcarbon Raises $70M Through A16z-Led Round, Sale of Carbon-Backed Token

Flowcarbon, a technology company aimed at bringing carbon credits to the blockchain, raised $70 million through a fundraising round and the sale of its Goddess Nature Token (GNT).

ECB Warns That Crypto Risks Could Spill Over Into Wider Economy

Given the increasing risks of crypto, it is important to bring it into the regulatory perimeter as a matter of urgency, the European Central Bank said in a report.

Social-Media Disruptor Project Liberty to Run on Polkadot’s Blockchain Network

Project Liberty, the initiative backed by real estate billionaire Frank McCourt aimed at disrupting today’s social media platforms, has found a home on Polkadot, the framework of parallel blockchains conceived by Ethereum co-founder Gavin Wood.

Ex-Deutsche Telekom Team Launch Liquid Staking Division at Crypto Custodian Finoa

Cryptocurrency custodian Finoa has established a unit for liquid staking helmed by former members of Deutsche Telekom's blockchain team with help from staking specialist StakeWise.

First Mover Asia: Funds Lost Billions in the Terra Collapse. Here are the Ongoing Effects; Bitcoin Sees Red

When a fund suffers a major dent to its token, the impact reverberates widely throughout the venture funding eco-system; most major cryptos tumbled despite gains in U.S. equity markets.

Commonwealth Investing