Arca has raised $100,000 from Crypto investors they made their first sale on February 16 of this year. Arca’s previous ideas banked on small- to mid-cap cryptos token called ArCoins that served as a proof of concept for Ethereum-based securities.
Ironically, on Wednesday the Fed’s real-time settlement system FedWire went offline for a number of hours. Many financial institutions (including crypto exchanges) were stopped in their tracks as the system went down – an event the technology of which Bitcoin hasn’t experienced in the last 2,907 days.
The Bitcoin dropped from 59,918.43 to 45k as we’re writing this but a big announcement came from a all-star company named Square they started with a little white card reader but haven’t stopped there.
They new reader helps there sellers accept chip cards and NFC payments, and they have tools for customers too, like our Cash App, which lets people send money to friends and family instantly. Furthermore, Here’s the announcement “ Square brought 3,318 bitcoins at an aggregate purchase price of $170 million.
Grayscale Digital Large Cap Fund who’s now the first public investment fund that support Bitcoin and Crypto Currencies.
So now Grayscale investors are exposed to the Crypto Currencies $1.02T($1 Trillion) market the successful Investment Fund promises to their investors for safe trading, buying and safekeeping digital assets directly.
Cryptocurrencies are unpredictable. The advent of the crypto-industry can be considered to have started from the time when a mysterious person by the name of Satoshi Nakamoto, launched a digital currency called Bitcoin. That was thirteen years ago. Ever since, the cryptocurrency world has evolved in to a technological giant and holds the potential to unlock the next evolutionary stage of the whole economic system.
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