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FTX Scores USD 210M Deal In E-Sports, Olympic NFTs + More News
4.6.2021
Sam Bankman-Fried, CEO of FTX. Source: A video screenshot, Youtube/FTX Official
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Exchanges news
TSM, one the most valuable e-sports company...
Beijing Readies USD 6.2m Digital Yuan Trial Amid Claims Main Rival Is Bitcoin
2.6.2021
China’s digital yuan project appears to be entering the final stages of its pilot, with yet another giveaway planned – this time in the nation’s capital Beijing.
Like previous giveaways in cities like Shenzhen and Chengdu, the tokens will be distributed in a lottery – with a fortunate few residents...
DEX & CEX Trading Volume Exploded in May Surpassing USD 2 Trillion
1.6.2021
May 2021 has been by far the best month for crypto exchanges, both centralized (CEX) and decentralized (DEX) ones, as the total trading volume reached at least USD 2.48trn - a new record.
The number is possibly even greater, but it excludes all the volume from those crypto-to-crypto exchanges that...
Privacy-focused Panther Raises 8M USD in Oversubscribed Private Sale
31.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Privacy-focused DeFi solution Panther Protocol has raised 8 million USD in a private sale. The sale was oversubscribed with the participation of...
Bitcoin and Ethereum Move Higher, XRP Returns Above USD 1
31.5.2021
Bitcoin price remained stable above the USD 34,000 support zone. As a result, BTC started a steady recovery above the USD 35,500 resistance. It even surpassed the USD 36,500 level and it is currently (12:20 PM UTC) showing signs of a possible move towards the USD 38,500 resistance.
Besides, most...
Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Markets
30.5.2021
Digital currency market prices have been dropping during the last few days as the crypto economy now rests at $1.53 trillion in value. Crypto trade volumes have increased a hair on Sunday, and a few crypto assets have seen decent percentage gains over the course of the last seven days. Crypto...
Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow
29.5.2021
The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company...
Will Dogecoin Price Retest $0.25 Mark in the Upcoming Days?
28.5.2021
Dogecoin raced to the top five slots amongst cryptos globally after a 400% rally the week ending April 21 with a market cap of $50 billion. Sparking the rally was Elon Musk’s tweet in a meme “doge barking at the moon.” Dogecoin’s price spiked from 10 cents on April 14 to $0.32 on April 21, …
ICHI launches ‘Decentralized Monetary Authority’ for stablecoin issuance
27.5.2021
The ICHI ecosystem has attracted several high-profile partners, including Solana, Moonbeam, SushiSwap, 1inch Network, Loopring and Bancor
Analyst says DeFi and stablecoins held up well as crypto markets imploded
27.5.2021
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption
Internet Computer Enters Top 10, as DFINITY Offers USD 223M in Grants
26.5.2021
Internet computer (ICP) has entered the list of the top 10 cryptoassets by market capitalization list, while the non-profit organization dedicated to building and promoting it, Switzerland-based DFINITY Foundation, announced a USD 223m fund that will focus on developer grants, accelerator programs...
Bitcoin and Ethereum Inch Higher, MATIC Reclaims USD 2
26.5.2021
Bitcoin price remained well supported above the USD 36,500 and USD 37,000 levels. BTC started a fresh increase above the USD 38,000 resistance. It is currently (04:30 UTC) approaching the USD 40,000 resistance, above which the bulls might gain strength.
Similarly, most major altcoins are showing...
Fed’s Daily Tapering Increases by 23%- Tuesday’s Reverse Repo Removes $432 Billion from Market
25.5.2021
Since well before the onset of Covid-19, the U.S. Federal Reserve had initiated monetary easing policies and from then on, the M1 Money Stock supply skyrocketed to levels never-before-seen in history. This weekend reports disclosed that the Fed has started to taper quantitative easing (QE) when...
1confirmation Raises USD 125M, Chia - USD 61M, African CBDC + More News
25.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Crypto venture fund 1confirmation said it closed its new third venture fund worth USD 125m and dubbed 1confirmation fund III....
More Americans have heard of Dogecoin than Ethereum: Survey
25.5.2021
One has introduced smart contracts and is the fabric of decentralized finance, the other is... a meme
Fed Begins to Taper QE- US Central Bank Removes $351 Billion in Liquidity via Reverse Repos
22.5.2021
After pumping extreme amounts of liquidity into markets, the U.S. Federal Reserve seems to be tapering back monetary easing policy via reverse repos (RRP). Following this week’s published minutes report from the Fed’s April monetary policy meeting, it seemed as though members of...
Bitcoin and Ethereum Consolidate, XMR Rallies Above USD 300
21.5.2021
Bitcoin price was able to clear the USD 38,000 and USD 40,000 resistance levels. However, BTC is struggling to clear the USD 42,000 resistance. It is currently (12:30 PM UTC) consolidating gains and it could make another attempt to clear the USD 42,000 level.
Besides, most major altcoins are moving...
Multi-Chain Structured DeFi Protocol raises 2.1M USD Private Funding
21.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Skyrim Finance is building the first multi-chain structured decentralized financial marketplace following a successful funding with close-knit investor support.
Multi-Chain Structured Finance Protocol Skyrim...
USD 10K+ Crypto Transfers & IRS, Central Banks on Crypto Volatility + More News
20.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Tax news
The US Treasury said the Biden administration’s proposal to strengthen tax compliance includes a requirement for transfers of...
[aktualita] Kurz Bitcoinu spadl ke 30 tisícům USD, uživatelé hlásí problémy při prodejích
19.5.2021
Několikadenní setrvalý pokles ceny kryptoměny Bitcoin dnes nabral nečekaný spád. Hodnota jedné mince se po poledni zastavila na 30 202 USD, aby následně vystoupala na zhruba 37 a půl tisíce dolarů. Ještě ráno se přitom Bitcoin obchodoval za 40 tisíc USD. Během historického maxima v polovině dubna...