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Nalezeno "$500M": 166

El Salvador Planning Bitcoin City & $500M of $1b BTC Bond


Earlier this year, El Salvador made history by announcing the first legal Bitcoin tender in the world. The crypto nation has followed the momentum to announce the world’s first Bitcoin City. President Nayib Bukele talked about the city during his presentation at Bitcoin Week.  The country plans...

USD 500M Liquidated as Bitcoin Falls Below USD 60K, Ethereum Below USD 4K


Nearly USD 500m in long positions were liquidated across the crypto market in just one hour on Wednesday, as the price of bitcoin (BTC) fell below the psychologically important USD 60,000 level, and ethereum (ETH) dropped below USD 4,000. At press time (08:26 UTC), BTC was down by 7.5% for...

Lanka Asks for $500M Loan From India for Fuel Purchases


This occurred days after Minister of Energy Udaya Gammanpila warned that the country’s existing supply of fuel could last only till Jan 2022. The state-owned Ceylon Petroleum Corporation (CPC) owing the 2 major government banks, the Bank of Ceylon and the People’s Bank, almost USD...

Fractionalized Doge NFT Hits Implied Valuation of USD 500M


The sale of the DOG tokens representing ownership of the legendary Doge meme non-fungible token (NFT) raked in USD 45m in a recently completed auction. Meanwhile, current DOG token prices on decentralized exchanges values the NFT at USD 500m. The famous NFT, which was purchased by the digital...

Coinbase Plans to Spend More of its Cash on Crypto After USD 500M Buy


Source: AdobeStock / photo_gonzo The crypto exchange giant Coinbase has stated that it wants to spend even more of its profits on buying cryptoassets – but has admitted that its plans will hinge on the sector’s growth prospects. The company and its CEO Brian Armstrong were speaking after Coinbase...

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