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


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


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?


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


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


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


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


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


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


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’


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


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...

Block.one Secures USD 10B To Compete With Coinbase, Binance & Co


A new major player might join the vibrant industry of crypto exchanges, as EOS developer Block.one said it aims to launch a new crypto exchange, Bullish Global (BG), this year after they secured USD 10bn in funding. BG is the new subsidiary of Block.one that has injected in the company USD 100m...

Metis Protocol Raises 4M USD Ahead of its IDO


Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. After securing 1 million USD in funding from angel, seed, and private investment, Metis has received an additional 4 million USD in a round led by a host...

Ethereum Hits New Record High, Bitcoin Eyes USD 60K Again


Bitcoin price remained stable above the USD 56,500 pivot level. As a result, BTC started a fresh increase and it cleared the USD 58,500 resistance. It is currently (04:30 UTC) trading USD 59,000 and the bulls may soon attempt an upside break above USD 60,000. Besides, most major altcoins...

Ethereum Breaks USD 4,000, Bitcoin Rallies Past USD 59K


The native token of the most popular smart contract platform, Ethereum (ETH), just reached another milestone, hitting USD 4,000 for the first time in its history. At 03:17 UTC, ETH trades at USD 4,006 and is up by 2% in a day and 36% in a week. The price almost doubled in a month. ETH neared...

Dogecoin Needs 3 Conditions Fulfilled to Move Beyond USD 1


The rallying dogecoin (DOGE) could grow to be a “true” payment token, and to be widely accepted by retailers - but for its price to grow, three relevant conditions need to be met, according to El Lee, the Co-Founder and Chief Operating Officer (COO) of the Singapore-headquartered Onchain Custodian...

MUNCH Project Reaches $1 Million Milestone in Charitable Donations


PRESS RELEASE. DeFi project Munch has raised over $1 million USD in two weeks, to aid community-chosen global causes in developing nations, through non-profit organization GiveWell. May 7th, 2021, London, UK — MUNCH is a Decentralized Finance (DeFi) project which has raised over $1 million...

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