SPACs (special purpose acquisition companies) soared in popularity last year. In 2021, the market saw a record 613 SPAC ICOs. The popularity of these “blank check companies” is unsurprising. Going public via IPO is a complicated and expensive process.
China has a complicated relationship with crypto. The Chinese government continues to promote the use and development of blockchain, but crypto trading is still banned in mainland China.…
Crypto Market Musings It’s been a relatively calm week for crypto. Bitcoin is up 1.73% over the last seven days as of this writing. Ethereum is up 3.54%…