Bloomberg Technology published this video item, entitled “Crypto Report: FalconX Doubles Valuation to $8B” – below is their description.
Bloomberg’s Hannah Miller joins Emily Chang to talk about Bitcoin trading once again around the $20,000 level and moving in tandem with weakening stocks. Yet, some crypto companies are more optimistic than others about the current crypto winter – like FalconX which just doubled its valuation.
Bloomberg Technology YouTube Channel
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About This Source - Bloomberg Technology
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.