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NYDIG Analyst Report Suggests Bitcoin ETF Could Drive $30 Billion In Investor Inflows
Friday, August 4, 2023 - 1:42pm | 658New York Digital Investment Group (NYDIG), a financial services firm with a focus on Bitcoin (CRYPTO: BTC), has released a report suggesting that the introduction of spot (physical) Bitcoin exchange-traded funds (ETFs) in the US market holds the potential to create a fresh...
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Bitcoin Broker NYDIG Lays Off 110 Employees To 'Trim Expenses:' WSJ
Friday, October 14, 2022 - 7:03am | 339Bitcoin (CRYPTO: BTC) trading platform NYDIG laid off about a third of its employees on Sep. 22, which numbered around 110, according to a report by the Wall Street Journal. What Happened: The company executives told the laid-off employees that it took the decision to cut down on expenses...
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New York Yankees Employees Can Now Also Get Paid In Bitcoin
Sunday, July 17, 2022 - 8:39am | 363The New York Digital Investment Group (NYDIG) announced that it had entered a multi-year partnership with the New York Yankees. According to the deal, NYDIG will provide Yankees employees access to the company's Bitcoin Savings Plan (BSP). This will enable an option to adjust a part of their...
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EXCLUSIVE: What Q2's Launch Of Helix Means For Financial Services Brands Like NYDIG
Monday, March 28, 2022 - 4:45pm | 1319Q2 Holdings Inc (NYSE: QTWO), a provider of digital transformation solutions for banks and lending institutions, announced its introduction of Helix, a Banking-as-a-Service (BaaS) offer. At its core, Helix is a cloud-native core that enables banks, credit unions, fintechs and consumer brands to...
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The TIE Secures $9M Funding Round At $100M Valuation
Wednesday, March 23, 2022 - 8:46am | 256The TIE announced the closure of a $9 million strategic Series A led by Blizzard, an Avalanche-focused venture capital fund. Participants in the raise includes executives at GoldenTree Asset Management, Nexo, NYDIG, Hudson River Trading, Gemini Frontier Fund, Republic Capital, and more. The...
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Bitcoin Blows Past American Express, Discover With $3T Transaction Volume: Growing At 'Torrid Pace'
Tuesday, February 1, 2022 - 9:59am | 449In 2021, the Bitcoin (CRYPTO: BTC) blockchain had processed $3 trillion worth of transactions. What Happened: According to a report from NYDIG, Bitcoin’s annual transaction volume for 2021 surpassed credit card networks American Express (NYSE: AXP) and Discover (NYSE: DFS). American Express...
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Fintech Focus For August 16, 2021
Sunday, August 15, 2021 - 1:12pm | 2685Quote To Start The Day: “The way that I manage risk has changed materially. I try as often as I can to think about multi-decade holding periods for the things that we own. In the moment, it is hard, but then you figure out guardrails to stay in an infinite mindset. If I’m thinking over...
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Fintech Focus For June 28, 2021
Sunday, June 27, 2021 - 10:29pm | 1699Quote To Start The Day: “You become what you believe.” Source: Oprah Winfrey One Big Thing In Fintech: The U.K.’s Financial Conduct Authority (FCA) has ordered crypto exchange Binance to stop undertaking any regulated activity in the country. But since the exchange pulled its...
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Fintech Focus For June 24, 2021
Wednesday, June 23, 2021 - 6:01pm | 2260Quote To Start The Day: “Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we.” Source: President George W. Bush One Big Thing In Fintech: The COVID-19 pandemic accelerated acceptance of...
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Fintech Focus For June 16, 2021
Tuesday, June 15, 2021 - 6:28pm | 2518Quote To Start The Day: "[By] Labor Day, I'll be very disappointed if people haven't found their way into the office and then we'll have a different kind of conversation.” Source: James Gorman One Big Thing In Fintech: The most fundamental problem in financial services is...
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Fintech Focus For May 10, 2021
Sunday, May 9, 2021 - 3:06pm | 1537Quote To Start The Day: “The world is a book and those who do not travel read only one page.” Source: St. Augustine One Big Thing In Fintech: While recent information could indicate that some of the most lucrative trading activity at companies like Robinhood could be slowing, there...
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Fintech Focus For April 26, 2021
Sunday, April 25, 2021 - 9:45pm | 1489Quote To Start The Day: Well done is better than well said. Source: Benjamin Franklin One Big Thing In Fintech: Alpaca, a stock brokerage that allows developers to build apps, services, and trading platforms, formally announced the launch of Broker API, as well as an expansion of its investment...
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Fintech Focus For April 23, 2021
Thursday, April 22, 2021 - 6:40pm | 1773Quote To Start The Day: You’ll never find a rainbow if you’re looking down. Source: Charlie Chaplin One Big Thing In Fintech: Ant Group, operator of popular Chinese mobile payment service Alipay, plans to slash its direct carbon emissions by nearly a third by 2025 as part of its...
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Fintech Focus For April 21, 2021
Tuesday, April 20, 2021 - 8:53pm | 2737Quote To Start The Day: In order to be irreplaceable one must always be different. Source: Coco Chanel One Big Thing In Fintech: The rise of fintech innovation and demand for online banking tools amid the pandemic has propelled Latin America to undergo a digital transformation. Large banks in the...
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Fintech Focus For April 12, 2021
Sunday, April 11, 2021 - 9:50pm | 2268Quote To Start The Day: I would rather engage in the pursuit of excellence than the pursuit of assets. Source: Ken Griffin One Big Thing In Fintech: A week before its initial public offering (IPO), Coinbase reported significant user growth for the first quarter of 2021. See also: How to Buy...