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Bitcoin Back Above USD 20K, Ethereum Recovers, MATIC Surges

14.7.2022
After bitcoin price extended losses and traded below the USD 19,200 level yesterday, BTC remained supported near the USD 19,000 zone and managed to get back above USD 20,000. It is currently (04:17 UTC) trading near USD 20,200 and is up almost 4% in a day and still down less than 2% in a week....

Animoca Brands Raised More Than US$75mn for an Open Metaverse

13.7.2022
Animoca Brands announced its successful capital raise of around $75 million. This is the second tranche of funding, as the initial round took place on 18 January 2022. The current tranche’s investors include Kingsway Capital, Liberty City Ventures, Alpha Ventures, 10T, Generation Highway Ltd,...

TRON Stucks Near 50 EMA; Will TRX Breach $0.07?

13.7.2022
TRON emerged from an ERC-20 blockchain to develop its network working on a delegated Proof of Stake. Initially, it was developed to address the ownership issue with digital content wherein creators were required to share their data with centralized organizations to ensure its connectivity....

Morpho Generates $18M Co-Led by Variant and a16z

13.7.2022
Morpho recently closed its fundraising round co-led by Variant and a16z after raising 18 million dollars. Over 80 more investors participated in the event, including power users, founders, advisors, and builders. The venture will use these funds to revolutionize decentralized lending. Morpho...

Celsius Debt Now Down to Around USD 120M After Aave, Compound Repayments

12.7.2022
Troubled crypto lender Celsius (CEL) appears to have no intention of being frozen out of the crypto world – and is continuing to take action to avoid possible insolvency as it has been hurriedly repaying the debts it owes.  Blockchain analytics data shows that Celsius has recently repaid some...

Bitcoin Tests USD 20K, Ethereum Slides, Altcoins in Red

12.7.2022
Bitcoin price remained in a bearish zone below the USD 20,500 level and declined below the USD 20,000 support zone. It is currently (04:03 UTC) consolidating near USD 19,950 and is down 3% in a day and almost 2% in a week. Similarly, most major altcoins also moved lower. ETH traded below the...

Majority Expects Bitcoin to Hit USD 10,000 Before Moving Higher - Survey

11.7.2022
Bitcoin (BTC) is more likely to fall to USD 10,000 than it is to rise to USD 30,000, the majority of respondents in a new survey by Bloomberg Markets Live believe. According to the survey, 60% of respondents said they believe bitcoin will fall to USD 10,000 before any significant rise in price...

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