OLB Group Announces Closing of $25 Million Private Placement Priced At-the-Market Under Nasdaq Rules

November 08, 2021 09:50 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–The OLB Group, Inc. (NASDAQ: OLB) (“OLB” or the “Company”), a provider of cloud-based omni-commerce and payment acceptance solutions for small- and mid-sized merchants, announced today it has closed its previously announced private placement priced at-the-market under Nasdaq rules (the “Offering”). The Offering consisted of 4,545,455 shares of Common Stock (“Common Stock”) (or pre-funded warrants in lieu thereof) and warrants to purchase up to 4,545,455 shares of Common Stock (“Common Warrants”), for gross proceeds to OLB of approximately $25 million,...

Bitcoin, Crypto Mining, Cryptocurrencies, Fintech, Press release

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Bitcoin and Ether recover their highest levels in more than two months

Bitcoin and Ether recover their highest levels in more than two months

Even with concerns about crypto limitations in the US infrastructure plan, Bitcoin and Ether have hit their best values in over two months after a significant Ethereum update. On Sunday, bitcoin rose by 3.1 percent to $45,328, its highest level since May 18. Ether rose 3.5 percent to $3,191, extending its winning streak to six days, but the Ethereum network’s London upgrade halted the growth of the underlying assets. In the last week, the value of other cryptocurrencies such as Binance Coin, Cardano, XRP, and Dogecoin has also risen. One-day chart Bitcoin/USD exchange rate. Source: TradingView U.S. Infrastructure Bill Specifically,...

Bitcoin, Cryptocurrencies, ETH2, Ethereum, Featured

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MicroStrategy Announces Second Quarter 2021 Financial Results

July 29, 2021 04:01 PM Eastern Daylight Time TYSONS CORNER, Va.–(BUSINESS WIRE)–MicroStrategy® (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced financial results for the three-month period ended June 30, 2021 (the second quarter of its 2021 fiscal year). “We continue to be pleased by the results of the implementation of our digital asset strategy. Our latest capital raise allowed us to expand our digital holdings, which now exceed 105,000 bitcoins. Going forward, we intend to continue to deploy additional capital into our digital asset strategy.”Tweet this “MicroStrategy...

Bitcoin, Press release, Trading

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Bitcoin whipsawed

Bitcoin Whipsawed: Is It Time to Buy?

WhipsawedSubjected to a double loss, as when an investor has bought a stock at a high price soon before it declines and then, in order to make good the loss, sells it short before it advances. Bitcoin price After a recent selloff, bitcoin soared to more than $40,000 for the first time in nearly six weeks on Monday, signaling a shift in market sentiment towards an uptrend. Bitcoin last traded above the $40,000 mark on June 16, according to CoinMarketCap. Bitcoin price chart – by Tradinview The price of Bitcoin later fell on Monday when Amazon refuted a story that assumed the retail giant would start accepting bitcoin...

Bitcoin, Cryptocurrencies, Featured, Main

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MOVO® Launches MOVO Chain® Upends Crypto Send and Spend

Users can cash-in a cryptocurrency’s real-time value via a Digital Debit Mastercard®, Peer-to-Peer Transfer, Bill Pay or connection to Apple Pay® or Google Pay® July 27, 2021 09:00 AM Eastern Daylight Time PALO ALTO, Calif.–(BUSINESS WIRE)–MovoCash, Inc., a California-based Fintech company, today announced the launch of MOVO Chain® by MOVO®. This technology is a cryptocurrency-to-cash (C2C) and peer-to-peer (P2P2P®) interoperability solution that upends cryptocurrency sending and spending by using a patent-pending blockchain solution to quickly convert stored value held in cryptocurrency into fiat currency (United...

Bitcoin, Cryptocurrencies, Press release

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Elon Musk, Jack Dorsey, and Cathie Wood discussed the future of Bitcoin at The B Word conference

Elon Musk, Jack Dorsey, and Cathie Wood discussed the future of Bitcoin at “The B Word” conference

Yesterday, Elon Musk, CEO of Tesla and SpaceX, Ark Investment CEO Cathie Wood, and Twitter and Square founder/CEO Jack Dorsey talked about the present status of Bitcoin and some of the most urgent problems surrounding its operation. According to Wood, the most unexpected feature of digital money was its disruption of the current economy. Its function as a payment system, she added, was one of the most appealing features, which Musk backed up by citing decentralization and other conventional systems’ advantages. From an IT perspective, there is an obvious opportunity for Tesla’s CEO, since Bitcoin is quicker and less error-prone. This...

Bitcoin, Cryptocurrencies, Featured, Main

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