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Many Major Stablecoins Take a Brief Plunge Below USD 0.9

19.5.2021
In the vast sea of red currently seen in the crypto market, one section particularly stands out: the sudden and brief drop in a number major stablecoins at approximately the same time, before bouncing back. (Updated at 14:14 UTC with a comment from Tether.) At 13:30 UTC, major cryptocurrencies...

Bitcoin Dives 14%, Ethereum, Altcoins Tumble, Liquidations Near USD 4B

19.5.2021
Bitcoin price failed to keep gains and extended its decline below the USD 40,000 support. BTC broke the USD 38,000 support level and it even spiked towards USD 36,000. It is currently (12:30 PM UTC) recovering above USD 38,000 again, but upsides might be limited above USD 40,000. Similarly, most...

Bitcoin Dives Below USD 40K, Ethereum Breaches USD 3K, Liquidations Soar

19.5.2021
Bitcoin price failed to surpass the USD 46,000 and USD 46,500 resistance levels. As a result, BTC started a fresh decline below the USD 44,000 support. It is currently (04:30 UTC) trading below USD 40,000. Similarly, most major altcoins are moving lower. ETH failed to clear the USD 3,550 resistance...

The Big Tesla Short, Copper Raises USD 50M, Gemini's Waitlist + More News

18.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ___ Investments news Michael Burry, the American hedge manager who famously made some USD 100m for himself by speculating on the 2008 economic...

Top Chess Players To Compete For USD 100K Worth Of Bitcoin

18.5.2021
Source: Adobe/bizoo_n Forthcoming online chess tournament FTX Crypto Cup is slated to pit the world’s top ten players against each other, allowing the global chess elite to compete for USD 100,000 worth of bitcoin (BTC), provided by the event’s sponsor and crypto derivatives exchange FTX, and...

Revuto Raises 1.7M USD to Deliver Subscription Payments on Cardano

18.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Image May 18, 2021 – Blockchain startup Revuto has concluded a 1.7 million USD private round to support its development of a crypto subscription payment...

Square Aims to Raise USD 2B, Bitcoin's Taproot Signal Strengthens + More News

17.5.2021
Jack Dorsey. Investments news Bitcoin (BTC) bull Jack Dorsey-led payments company Square announced its intention to offer, subject to market conditions and other factors, approximately USD 2bn aggregate principal amount of senior notes. The company said it intends to use the net proceeds from this...

Nigeria Devalues Currency as Central Bank Moves to Unify Exchange Rates

17.5.2021
In a possible policy shift, the Central Bank of Nigeria (CBN) recently allowed the local naira currency to briefly drop to a new low of USD$1 for 419.75 nairas on May 14, 2021. However, by close of business the naira had recovered and was trading around 411.25. Before the latest adjustment,...

Elon Musk Dumping Bitcoin? Will Bitcoin Drop Below 40,000 USD?

17.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists. Bitcoin, the biggest cryptocurrency by market cap, had a couple of bad weeks already. After the big crash caused by Elon Musk's announcement that Tesla would suspend accepting bitcoin. Bitcoin declined...

Polkally Successfully Raises $700k USD, Starts Public Dual IDO

14.5.2021
P2P auction platform for NFTs Polkally has successfully completed its private sale that raised $700k USD. The sale was led by investors such as ExNetwork Capital, Titans Ventures, Bigcoin Capital, and Blocksync Ventures, plus a number of others. Now, they’re moving to a dual public initial...

Ethereum Meets USD 4,000 Again, Bitcoin Above USD 50K, Altcoins Rally

14.5.2021
The crypto market is showing more positive signs on Friday, with BTC inching higher above USD 50,000, while ETH returned to the USD 4,000 level, and multiple smaller altcoins are enjoying a double-digit rally. At 12:14 UTC, BTC was almost unchanged in a day, while ETH advanced by 6%. DOGE rallied...

Buterin Paid USD 800+ In Fees For 9 Major Transactions on Ethereum

13.5.2021
Vitalik Buterin. Ethereum (ETH) co-founder and newly found billionaire, Vitalik Buterin, has risen to the occasion and donated massive amounts of dog-themed tokens and ETH to charitable organizations and community projects. Nine transactions cost him over USD 800 in fees. The epic donation spree...

Bitcoin, Ethereum and Altcoins Recovering, Liquidations Hit USD 3.7B

13.5.2021
Bitcoin price topped near the USD 58,000 level before starting a major decline. BTC’s selloff was triggered by the Tesla news. The price dropped sharply and is currently (05:00 UTC) correcting losses. Similarly, most major altcoins declined heavily. ETH broke the USD 4,000 support zone and it even...

Animoca Brands Raises 88,888,888USD Based on Valuation of 1Billion USD

13.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com. 13 May 2021 — HONG KONG — Animoca Brands, the company that is delivering digital property rights to gamers via NFTs, today announced that it has completed a capital raise of 88,888,888 USD (approximately...

dotmoovs Raises 840,000 USD From Strategic Investors and Partners

12.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. May 12th. dotmoovs, an NFT platform powered by advanced computer vision algorithms has successfully completed a private funding round of 840,000 USD from...

NFT Traders: ‘Christie’s F***ed up USD 17m CryptoPunks Sale’

12.5.2021
These 9 CryptoPunks were auctioned at Christie's. Source: Twitter/@ChristiesInc Crypto community members have been left fuming despite another non-fungible token (NFT) sale at the auction giant Christie’s – with some claiming that key players were excluded from the bidding process due to...

QANplatform Announces Uniswap Listing, 2.1M USD Funding Raised

12.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Blockchain project QANplatform, which builds a quantum-proof energy-efficient platform, announced a successful 2.1 million USD venture funding round with...

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