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Bitcoin Bulls Protect USD 50K, XRP Shows Positive Signs


Bitcoin price extended its decline below the USD 52,000 support level. BTC even traded close to USD 50,000, where the bulls took a strong stand. It tested USD 50,400 and it is currently (05:30 UTC) recovering above USD 52,000. Besides, most major altcoins are showing signs of a steady increase....

Ethereum Alternative Solana Gets USD 40M Boost


Proof-of-stake protocol Solana (SOL), which is being touted as another alternative to Ethereum (ETH), has announced two strategic investments today, from crypto exchanges OKEx and MXC, with the combined funds to be used for the growth of projects in the Solana ecosystem, as well as expanding...

Blockchain.com Valued at USD 5.2B As It Raises USD 300M


London-based major crypto firm Blockchain.com raised USD 300m in an investment round that gave the company a USD 5.2bn valuation. In a February 24 announcement on the company's website, CEO Peter Smith said that their Series C round was led by DST Global, Lightspeed Venture Partners, and...

Mitsubishi, Banking & Telecom Giants Invest USD 62M in DeCurret


The Japanese crypto exchange DeCurret has received a major boost with leading banks, conglomerates such as Mitsubishi and others participating in USD 62 million funding round for the fast-growing platform. The Tokyo-based company will use the money to create a new “digital currency” platform and...

DeFi Tokens Created by Antier Solutions Transcend $500M in Market Cap


PRESS RELEASE. Crypto adoption is on the crest of a wave and so is India’s Antier Solutions that has aced the business in a short span. The blockchain and cryptocurrency development company has launched tokens worth USD 500M for its customers all over the world. In an industry that values...

Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold


Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. Fed Chair Sees Bitcoin as a Gold Substitute During a webinar sponsored...

In Venezuela, USD, Not Bitcoin, Still Reigns Supreme – Report


The United States dollar, not crypto, is still king in Venezuela, despite suggestions otherwise, a new report has alleged. As previously reported, crypto adoption is on the rise in Venezuela, where crypto pay has enjoyed a boom. Cryptoassets such as bitcoin (BTC), ethereum (ETH) and dash (DASH)...

Rare Crypto Faucet and DeFi Apps Launch on xDai Chain


PRESS RELEASE. Toronto, Ontario, Canada, March 19th 2021 – Affinity Design – Rarify Apps just launched a new deFi application only possible on layer 2 tech. After only a week since the claiming app debut, the price of Rare Coin soared well over 1000 USD on the Honeyswap DEX after...

Bitcoin Nears USD 60K, Ethereum and Altcoins Show Bullish Signs


Bitcoin price started a steady increase after it cleared the USD 57,000 resistance. BTC broke the USD 58,000 resistance to move into a bullish zone. It is currently (05:30 UTC) trading around USD 59,000 and it might soon retest USD 60,000. Besides, most major altcoins are showing bullish signs....

Inflation Is Here & BTC Will Hit USD 115K ‘Ahead of Target’ – Pantera


Dan Morehead. Source: a video screenshot, Youtube/Bloomberg Markets and Finance Dan Morehead, the CEO and founder of Pantera Capital, operator of the Blockchain Investment Fund, says that bitcoin (BTC) is “ahead of” his firm’s forecast schedule to hit USD 115,000 this summer – meaning that...

eToro Adds 6M Users On Its Way to Become USD 10B Public Company


Source: Instagram, etoro_official Multi-asset social trading platform eToro said it added over 5m new registered users in 2020 and another 1.2m this past January alone, reaching the 20m users milestone, as it aims to go public via a merger. Per the company, in 2019, monthly registrations averaged...

Who's Metakovan, The Buyer of USD 69M Beeple's NFT


A fragment of an NFT, used by MetaKovan as a profile picture on Twitter. Source: A screenshot, superrare.co MetaKovan is the pseudonymous buyer of a non-fungible token (NFT) piece valued at nearly USD 70m - but some claim to know his identity, and that there is a conflict of interest present given...

Bitcoin Finds Support Near USD 55K, Ethereum Consolidates Losses


Bitcoin price failed to stay above USD 60,000 and started a downside correction. BTC declined below many supports near USD 58,000 before it found support near USD 55,000. It is currently (12:30 UTC) recovering, but the bulls might struggle near USD 58,000. Similarly, most major altcoins started...

Rinse & Repeat, and Never Learn: Another USD 1B Liquidated In One Hour


Overleveraged and overly optimistic crypto traders once again lost billions amid a selloff in the crypto market. More than USD 1bn in cryptoasset trading positions was liquidated in one hour today, bringing total liquidations to more than USD 2.3bn in the past 24 hours (194,539 positions...

Bitcoin Conquers USD 60,000 As Demand Exceeds Supply


The most popular cryptocurrency, bitcoin (BTC), reached another milestone today, surpassing the USD 60,000 level for the first time in its history. At the time of writing (12:06 PM UTC), BTC trades at USD 59,927, correcting from its new all-time high of USD 60,445 (per Coingecko.com), reached...

Beeple's '5000 Days' NFT Sold for USD 60.25M at Christie's


A fragment of “EVERYDAYS: THE FIRST 5000 DAYS” by Beeple. Source: A screenshot, onlineonly.christies.com A non-fungible token (NFT) piece of art thirteen years in the making was just sold for a whopping USD 60.25m at famous British auction house Christie's, becoming the most expensive NFT ever...

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