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Kraken Sticks to USD 4 Billion Valuation, Raising USD 10m From Clients


Source: Twitter, @krakenfx San Francisco-based cryptocurrency exchange Kraken, one of the top 50 cryptocurrency exchanges by trading volume, aims to raise USD 10 million by selling 0.255% stake in the company to their customers, which puts valuation of the company at almost USD 4 billion. At pixel...

Bitcoin Attaining $8,000 Marks An End to the Crypto Winter, Says Tom Lee


According to Tom Lee, the CEO, and Co-Founder of Fundstrat Global Advisors, the crypto winter has finally come to an end. We all know that Bitcoin and the entire crypto market have witnessed a price slump since the past few months. But things began to look better again since the start of April....

Firm Claims it Made USD 73,000 in Two Months of Staking ATOM


UK-based digital asset investment company KR1 claims to have realized USD 73,671 revenue from “staking yields” of the Cosmos Network since its launch on the 14 March 2019. In two months, the company generated 15,463 ATOM, which was sold at an average price of USD 4.76 per ATOM, according to KR1....

Seed CX Announces the Launch of PAX, USD Coin & TrueUSD


The Seed CX has announced the addition of three Stablecoins, namely PAX, USD Coin and TrueUSD, which would lead to increased liquidity on the Stablecoin market. The company led by Edward Woodford now enables spot trading against the dollar on the three Stablecoins. They plan to offer additional...

Bitcoin Touches USD 8,000, Crypto Market Cap Jumps 12%


The most popular cryptocurrency, Bitcoin just took another USD 1,000 leg up in the past 24 hours and now trades at around USD 8,000 on many exchanges, while only 12 coins out of the top 100 are in red now. After jumping by almost 13% in the past 24 hours (05:59 UTC), Bitcoin price sits at a level...

Monero (XMR) Price Analysis: Will Monero Cross The 100 USD Mark In May?


Monero’s partnership with Fortnite has made it accessible to over 200 million users Monero moves upwards in the current market bull run Monero, a cryptocurrency ensuring non-traceability in every transaction, has always been in the news. Be it the strategic partnerships, a sudden rise in prices...

Bitfinex Raises USD 1 billion, CTO Claims


Major cryptocurrency exchange Bitfinex "is able to raise" 1 billion tethers (c. USD 1 billion) "in 10 days, in a private sale," Paolo Ardoino, Chief Technical Officer of the exchange, confirmed, later adding that the investments "were made." "Private companies, giants in our industry and outside...

Ripple (XRP) Price Analysis: Can Ripple Touch The Anticipated Mark Of 1 USD?


Nasdaq Global Index Data ServiceSM (GIDS) has added Ripple on its index. The long term outlook places the coin at $10 by the end of 2020. Ripple (XRP) has been recently added in the Nasdaq Global Index Data ServiceSM (GIDS). Though the index is yet to come to live, Google has already started...

Crypto Rally: Bitcoin Breaks USD 7,000, Ethereum, Other Coins in Green


Source: iStock/pepifoto, Cryptonews.com The most popular cryptocurrency, Bitcoin reached new high in 2019, jumping above USD 7,000, the level last seen in September 2018, while the rest of the crypto market is registering strong gains, also. Bitcoin even surpassed USD 7,300 before the midnight...

Bitfinex Makes Bold but ‘Unaudited’ USD 404 million Profit Claims


Bitfinex operator iFinex has made some new financial claims in the white paper for its forthcoming initial exchange offering (IEO) – stating that its platform made a whopping USD 404 million in net profits last year (24% more than in 2017) and paid dividends while they are still struggling...

Bitcoin Moves Above USD 6,000, For How Long? (UPDATED)


After briefly spiking above the USD 6,000 level earlier in May, the most popular cryptocurrency, Bitcoin touched USD 6,100 on Thursday morning (UTC time). (Updated on 06:50 UTC: price information has been updated, a new comment (in bold) and other reactions have been added.) At pixel time,...

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