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BCB Group has announced a $60 million Series A investment co-led by Foundation Capital, the largest Series A investment to date for a UK blockchain startup. In addition to another undisclosed co-lead investor, Circle, Backed VC and existing backer North Island Ventures also participated in the round. BCB Group is a London-based startup that provides business accounts, payment services and foreign exchange custody services to cryptocurrency clients.
BingX’s Bitcoin Chart
Financial services giant Charles Schwab considers applying for Bitcoin and crypto spot ETFs. Charles Schwab is the largest online brokerage in the United States, with $6 trillion in assets under management. BTC rises above the $36,500 price level today. On the daily chart, the relative strength index has risen to 29, which indicates the market is almost out of the oversold zone. However, the Crypto Fear and Greed Index is still showing the market is in the extreme fear zone. In order to gain market confidence and pause the downtrend since November, a decisive break above $40,000 is required.
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