NEWSBTC: Social Crypto Start-Up Good Money Raises $30 Million, BTC Falls Under $3,400 - Dec 11th Crypto News

  • Tuesday, 11 December 2018 16:41
The cryptocurrency market is looking pretty red today. We saw Bitcoin briefly fall under $3,400 today. Price of BTC is currently just hovering around the $3,400 level. Bitcoin SV is the biggest loser out of the top 20 as it suffered losses of more than 9% over the past 24 hours. Now let’s see what is else is happening in the crypto world. Good Money, which calls itself the very first digital banking platform to be owned by its customers has raised $30 million in Series A funding led by Michael Novogratz’s Galaxy Digital. Good Money says that it wants to provide value-based banking services with leading features in the rapidly emerging neo-banking market. These features include FDIC insured savings accounts that will generate a 2% yield, free ATMs nationally, no-overdraft fees and the lowest consumer loan rates in the country to help Americans get out of debt. Good Money also says that 50 percent of its profits will go towards projects focused on social and economic inequality, environmental causes and renewable energy. Please remember this is news, not investment advice.

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