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Bitcoin Nears USD 40K, Ethereum Below USD 3K, Altcoins in Red
18.2.2022
Bitcoin price started a stronger decline after it failed to stay above the USD 42,500 support zone. BTC even declined below USD 41,200 and traded close to USD 40,000. It is currently (04:18 UTC) correcting losses near USD 40,700, but the bears might be active near USD 41,200.
Similarly, most...
Technical Analysis: ATOM Hits 1-Week High — AXS, LEO, THETA Dip Lower
17.2.2022
Despite Thursday’s selloff in cryptocurrencies, cosmos managed to hit its highest level in the last week. The rally came as one of yesterday’s big gainers, THETA, slipped in today’s session. Biggest gainers Cosmos (ATOM) moved higher in today’s session, despite...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Fall Lower Against USD
17.2.2022
Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent...
Circle’s Valuation Doubles to USD 9B as New Holding Company Expected to Go Public
17.2.2022
The crypto infrastructure and payments firm Circle has entered into an agreement with the special purpose acquisition company Concord Acquisition Corp that will see the formation of a new holding company, doubling Circle’s valuation from USD 4.5bn, announced in July 2021, to USD 9bn now....
Read...
Axelar Raises $35M to Reach a $1B Valuation for Its Network
17.2.2022
Axelar, the worldwide, decentralized interoperability network linking all blockchain ecosystems, apps, and assets, announced today the completion of a $35 million fundraising round led by Polychain Capital, Dragonfly Capital, North Island Ventures, Cygni Capital, Rockaway Blockchain Fund...
AUD/USD Rises Above SMA Amid a Fall in Oil Prices
17.2.2022
A report highlighting three different points has to come to light. It deals with Australia adding more jobs and experiencing a rise in the participation rate as well. Another point that has been highlighted is that AUD/USD has moved above the 50-Day Simple Moving Average. The trend may, however...
PowerTrade Management Team Explains the Benefits of Automated Market Makers
16.2.2022
PowerTrade is an easy-to-use crypto options trading platform, enabling traders to maximize ROI through an intuitive interface that provides better prices and lower margin requirements. At PowerTrade, it’s easy for anyone to get started trading with as little as $1 USD and continue trading...
Bybit Enters USD 150M Deal with Red Bull F1 Team; Plans Fan Token, NFT Collaboration
16.2.2022
Bybit, one of the top 10 crypto exchanges by spot volume, has entered into a major sponsorship agreement with the Formula One team Oracle Red Bull Racing, with the exchange now taking on a new role of the “Issuance Partner” for fan tokens and non-fungible tokens (NFTs) for the racing team.
With...
Canadian Rapper Drake Nets USD 300,000 From His Bitcoin Bet on the Super Bowl
15.2.2022
Massively popular Canadian rapper Drake has profited USD 300,000 from his three bets cumulatively worth USD 1.26m worth of bitcoin (BTC), on the Super Bowl match between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals.
The 35-year-old rapper first posted screenshots of his wager...
Bitcoin Returns Above USD 44K, Ethereum Accelerates, SOL, MATIC, and AVAX Rally
15.2.2022
Bitcoin price remained well bid above the USD 43,000 level. BTC extended its increase above the USD 43,850 and USD 44,000 levels. It is currently (11:54 UTC) showing positive signs near USD 44,400 and is up 5% in a day and 1% in a week.
Similarly, most major altcoins are gaining bullish...
IRA Financial Trust Hack Reportedly Sees USD 36M in Crypto Stolen From Users
15.2.2022
US-based IRA Financial Trust, a regulated financial institution that offers self-directed retirement accounts, has been hit with a hack that resulted in the loss of USD 36m in crypto, Bloomberg reported, citing a person familiar with the investigation....
Read More: IRA Financial Trust Hack...
Two Texans Use Flare Gas to Net USD 4M on Bitcoin Mining, Plan USD 20M in 2022
14.2.2022
Two Texan 23-year-olds have use an alternative way to mine Bitcoin (BTC), using flare gas from oil drilling, generating USD 4m in revenue last year, and eyeing USD 20m by the end of 2022....
Read More: Two Texans Use Flare Gas to Net USD 4M on Bitcoin Mining, Plan USD 20M in 2022
BlockFi to Pay USD 100M Fine, Indian Central Banker vs. Crypto, BTC & ETH Flows Changed + More News
14.2.2022
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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Read More: BlockFi to Pay USD 100M Fine, Indian Central Banker vs. Crypto, BTC & ETH Flows Changed + More News
Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Volatile Following Super Bowl
14.2.2022
Cryptocurrencies were initially in the red to start the week, despite several crypto firms securing lucrative Super Bowl ad slots. Over 100 million viewers watched the “crypto bowl” advertisements, however bitcoin prices started lower on Monday. Bitcoin BTC/USD is lower for a fifth...
Bitcoin bull trap? 3 indicators that predict BTC price falling to $24K-27K this year
14.2.2022
Zooming out Bitcoin charts to longer-timeframes puts BTC price in the middle of a large bear cycle, according to one analyst
Rare ‘Alien’ CryptoPunk NFT Sells for USD 23M Worth of Ethereum
14.2.2022
An avid non-fungible token (NFT) collector and ethereum (ETH) holder has made history by spending a whopping USD 23 million worth of ETH on a CryptoPunk token – the highest fee ever forked out for an item in the so-called “OG” collection....
Read More: Rare ‘Alien’ CryptoPunk NFT Sells for...
Binance Invests USD 200M in Forbes
10.2.2022
Major crypto exchange Binance has made a USD 200m strategic investment into the global media company Forbes.
The news was announced today by Forbes and publicly traded special purpose acquisition company Magnum Opus Acquisition Limited.
Per the announcement,...
Read More: Binance Invests...
Bitcoin Tests USD 45K Again, Ethereum Gains Bullish Momentum, Altcoins in Green Too
10.2.2022
Bitcoin price remained well bid above the USD 43,000 level. BTC started a fresh increase and traded above the USD 44,000 level. It is currently (11:52 UTC) gaining pace and is trading around USD 45,000.
Similarly, most major altcoins are gaining bullish momentum. ETH is back above USD 3,200...
Cash Flow Portal Raises $3.5 Million in Seed Round to Make Real Estate Investing More Accessible to All
10.2.2022
Cash Flow Portal, a real estate investment technology startup based in Seattle, WA, announced today that it had raised $3.5 million in seed funding. Investors include luminaries from Lyft, Google, and Coinbase. Cash Flow Portal provides real estate deal sponsors with comprehensive tools...
AssangeDAO Wins the Bid for Pak's Clock NFT for USD 53M
10.2.2022
AssangeDAO, a decentralized autonomous organization (DAO) consisting of "cypherpunks" fighting for the liberation of incarcerated WikiLeaks founder Julian Assange, has won the bid for the Clock NFT, which was created by digital artist Pak in collaboration with Assange.
The DAO used...