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BlockFi Valued at USD 3B Following USD 350M Round
11.3.2021
BlockFi co-founders: Flori Marquez and Zac Prince
The US-based major financial services company focused on cryptoassets, BlockFi, was valued at USD 3bn following its recent USD 350m Series D fundraising round.
It was led by new investors including Bain Capital Ventures, partners of DST Global...
Bitcoin price focuses on $55K as bulls ignore a surging US dollar
10.3.2021
The classic inverse correlation between USD and Bitcoin is nowhere to be seen as all-time highs come closer and closer
Bitcoin Corrects After Hitting USD 55K, Ethereum And Altcoins Supported
10.3.2021
Bitcoin price extended its rise above the USD 55,000 resistance zone. BTC even spiked above USD 55,000 before it started a downside correction. It is currently (05:30 UTC) holding gains above USD 53,000 and there are chances of a fresh increase above USD 54,500.
Similarly, most major altcoins...
Coinbase Reportedly Valued at USD 90B in a Private Auction
9.3.2021
Source: Instagram, Coinbase
US-headquartered major crypto exchange Coinbase is said to be valued at USD 90bn in a private auction.
The company shares traded at some USD 90bn value last week, based on USD 350 a share, which is the price the stock was trading at the auction last Thursday on...
Bitcoin Breaks USD 54K, Ethereum and Altcoins Start Fresh Surge
9.3.2021
Bitcoin price started a steady increase after it settled above the main USD 50,000 resistance. BTC even broke the USD 52,000 resistance and gained over 5%. It is currently (05:00 UTC) showing positive signs, possibly moving towards USD 55,000 and USD 55,800.
Similarly, most major altcoins started...
Burned Banksy NFT Sale Captures Close to $400K, Critics Claim Buyers Are ‘Morons’
8.3.2021
On March 3, a group of anonymous art enthusiasts decided to burn an original Banksy screenprint worth roughly £70,000 or around $95,000 USD, and then turned it into a non-fungible token (NFT) asset. The art now exists as an NFT and was auctioned for 228.69 ethereum or $394k using today’s...
Crypto Fever Back in South Korea, Average USD 7B Per Day Transacted
6.3.2021
A new report from South Korea appears to show that the latest rush in bitcoin (BTC) and altcoin investment in the country is “now higher than three years ago,” and that it’s not all about the new wave of Korean “crypto moms” – younger folk are also laying down some serious capital in their...
FC Barcelona Presidential Election Gets A USD 72M Crypto Twist
5.3.2021
A leading candidate for the presidency of FC Barcelona, one of the most famous football clubs in the world, claims he has negotiated a deal that would reportedly see a Hong Kong crypto exchange become the club’s main shirt sponsor in a deal worth USD 71.7 million a year.
Per BeSoccer, the claims...
Cuban Goes Dogecoin, Bitcoin's USD 100K Signal, Ripple's CBDC Plan + More news
4.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
US-based major crypto payment services company BitPay announced the rollout of dogecoin (DOGE) payments for merchants...
Bitcoin Consolidates Below USD 50K, Ethereum, Altcoins Extend Decline
4.3.2021
Bitcoin price started a downside correction from the USD 52,500 zone. BTC settled below USD 50,000, but it remained stable above USD 48,000. It is currently (13:30 UTC) consolidating and it might climb back above USD 50,000.
Besides, most major altcoins are showing a few bearish signs. ETH traded...
Bitcoin Fails Above USD 52K, Ethereum and Altcoins Correct Gains
4.3.2021
Bitcoin price spiked above the USD 52,000 resistance, but it failed to remain stable. BTC started a fresh decline below the USD 51,000 support. It is currently (05:00 UTC) trading below USD 50,000 and it seems like there are chances of more downsides.
Besides, most major altcoins are also...
Bitcoin Returns Above USD 50,000 In Less Than A Week
3.3.2021
The most popular cryptocurrency, bitcoin (BTC) is rallying above the USD 50,000 level again after leaving this zone less than a week ago and dropping below USD 44,000 on Sunday.
At the time of writing (09:42 UTC), BTC trades at USD 51,154 and is up by 4% in a day and 5% in a week. From the top...
Bitcoin Targets USD 50K Again, Ethereum, Altcoins Hold Supports
3.3.2021
Yesterday, bitcoin corrected gains and traded below USD 48,000. However, BTC remained well bid above the USD 47,000 level and it is currently (05:00 UTC) rising. The main resistance is now near USD 50,000, above which there are chances of a strong increase in the near term.
Besides, most major...
Bitcoin Struggles Near USD 50K, Ethereum and Altcoins Consolidate Gains
2.3.2021
Bitcoin price recovered above USD 48,000 and it tested the USD 50,000 resistance. BTC is currently (12:30 UTC) consolidating above the USD 48,000 support zone. It might make another attempt to clear USD 50,000 as long as there is no close below USD 48,000.
Besides, most major altcoins are holding...
Bitcoin Plays With USD 50K, Ethereum, Altcoins Gain Bullish Momentum
2.3.2021
Bitcoin price started a steady increase above USD 45,000 and it even surpassed USD 48,000. BTC tested the USD 50,000 resistance and it is currently (05:00 UTC) consolidating gains. The price could continue to rise if the bulls gain strength above the USD 50,000 resistance.
Besides, most major...
American Music Producer Makes USD 11.7M in NFT Sales
1.3.2021
3Lau. Source: A screenshot, Instagram/3lau
The link between crypto, blockchain and the music industry is growing increasingly strong, after an American electronic dance music producer set a new high for non-fungible token (NFT) sales, raising some UD 11.7m in the sale of 33 unique items – with...
MicroStrategy Spent USD 15M on Bitcoin Dip
1.3.2021
One of the most bullish non-crypto companies, US-based software developer MicroStrategy, just used the recent bitcoin (BTC) correction to increase their BTC stash.
Per CEO Michael Saylor, the company has purchased an additional BTC 328 for around USD 15m in cash at an average price of USD 45,710...
With USD 190M TVL in Just 10 Days after Mainnet Launch, ZKswap Prepares for ProBit Exclusive Feature March 2
26.2.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The next rollout of ProBit Exchange’s popular ProBit Exclusive has been confirmed for Layer 2 DEX ZKSwap on March 2, enabling subscribers to pick up a 50% discounted rate from the market price. The Exclusive...
Bitcoin Is 'Perfect' For The USD 20T Global Collateral Market - Research
25.2.2021
Bitcoin (BTC)'s unique features make it a perfect collateral asset, providing it with major potential to capture a share of the global collateral market which is estimated at close to USD 20trn, according to Norwegian crypto-focused research firm Arcane Research.
“Based on our calculations and data...
Coinbase Aims For USD 1B Direct Listing This Year
25.2.2021
Today, US-based major crypto exchange Coinbase filed to go public via USD 1b direct listing on the Nasdaq Global Select Market under the symbol COIN this year.
In the filing with the US Securities and Exchange Commission, the company said it had 43m verified users last year and 2.8m monthly...