UK bank Griffin raises $20 million to expand into stablecoin payments
56Importance
updatingStatus
2News media
- Published
- Updated
Key claims & sources
Summary in preparation.
Market reaction i
Total crypto marketall crypto assets combined
no single asset in the event: read against the whole market
The total crypto market rose 0.5% in the 4 hours after the first headline, after falling 0.5% in the 2 hours before.
$2.4T
market cap at the headline
-0.5%
2 h before
+0.5%
4 h after
+0.5%
2 h after (so far)
First headline
27 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
CoinDesk
scoop
Nov 12 12:04
Breaks the event: $20M
+1 h 17 m
Nov 12 13:21