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Bitcoin Tests USD 44K, Ethereum Extends Gains, SOL and AXS Rally


  Bitcoin price started a fresh increase above the USD 43,350 resistance zone and even traded above the USD 44,200 level. It is currently (04:16 UTC) consolidating gains above USD 43,900 and eyeing an upside break above USD 44,350. Similarly, most major altcoins are trading in a positive zone....

Bitcoin Inches Higher as Terra Starts Implementing Its USD 10B BTC Plan


  Following Terra’s announcement in February that it would partly back its stablecoin UST with bitcoin (BTC), the market has been waiting for clues that Terra is in fact following up on its promise and buying BTC. An indication that the stablecoin protocol is following through with its plan came...

Binance Labs Is Leading $8M Seed Funding Round for Tea


Binance Labs recently announced leading an 8 million dollar seed funding round for Tea, an emerging open-source software platform on the blockchain. The innovation incubator and venture capital behind Binance aim to promote open-source operations with the development. The role of open-source...

AlgoBlocks Raises Almost $1.6M in Seed and Private Funding


AlgoBlocks raised $1,940,000 in its strategic and private funding, thanks to the addition of investors Draper Dragon and Kyber Ventures. The company successfully helped achieve its strategic round goal of $391,000, and it raised $1.55 Million under its private funding. The total goal to reach...

Nexo Launches USD 150M Investment & Acquisition Fund Focused on Web3


  The crypto lending and borrowing platform Nexo (NEXO) has launched a new investment fund focused on the emerging Web3 industry. The fund will invest USD 150m in “early-stage retail and institutional projects” that are "synergetic" to Nexo’s core business, an announcement from the company said....

Cardano Stumbles Below $1; Can ADA Retake the Crown Levels?


When it comes to market leaders in the cryptocurrency space, Cardano is one of the names that made its presence known to the entire world in 2021. Since moving up above $1 levels, ADA has been periodically breaching its previous highs and presenting itself as a replacement for the decade-old...

Crypto Project Worldcoin to Raise USD 100M at USD 3B Valuation - Report


  Major crypto exchange Coinbase-backed startup Worldcoin is reportedly set to raise USD 100m through the sale of its tokens, valuing the total supply of the tokens at USD 3bn. The list of investors includes prominent VC firms like Andreessen Horowitz (a16z) and Khosla Ventures, The Information...

DeFiance Founder's USD 1.76M Loss is a Lesson For NFT Investors


  Founder of the cryptoasset fund DeFiance Capital, Arthur Cheong, has seen one of his hot wallets compromised, resulting in the loss of over 70 blue-chip non-fungible tokens (NFTs) worth over USD 1.76m. The incident is another stark reminder for all NFT investors to be extra careful - and less...

Bitcoin Tests USD 42K, Ethereum Reaches USD 3K, ALGO and ETC Accelerate


  After bitcoin started a downside correction below the USD 41,550 support, BTC remained stable above the USD 40,550 level. It is currently (04:06 UTC) rising above USD 42,200 and might attempt a fresh increase above the USD 42,500 resistance zone. Similarly, most major altcoins are showing...

Terra (LUNA) Takes a Leap Towards $100!


LUNA is the native cryptocurrency of the Terra blockchain ecosystem that aims to provide a solution to distantly functioning independent blockchain projects. Any product or technology truly reaches its pinnacle after being accepted by the users on a broader scale. To this day, there have been...

Argentinian Senate Passes USD 45B IMF Debt Deal That Discourages Crypto Use


  The Argentinian Senate, the upper chamber of the country’s parliament, has voted to approve a USD 45bn debt deal with the International Monetary Fund (IMF) in a move designed to prevent Argentina’s default.... Read More: Argentinian Senate Passes USD 45B IMF Debt Deal That Discourages Crypto Use

Bitcoin Reaches USD 41K, Ethereum Inches Higher, SAND and CELO Rally


  Bitcoin price started a fresh increase above the USD 40,000 resistance and tested USD 41,450. It is currently (04:07 UTC) correcting gains near USD 41,000 but still might continue to rise towards the USD 42,500 level. Similarly, most major altcoins are also moving higher. ETH is up 5% and...

Bitcoin Tests USD 40K Again, Ethereum Accelerates, Altcoins Turn Attractive


  Bitcoin price declined sharply after a rally to USD 41,500, nearing USD 39,000, but it’s now (11:54 UTC) trading above USD 40,500 once again, having increased 5% in a day.  Similarly, major altcoins could accelerate too. ETH broke the USD 2,650 resistance and is now facing hurdles near...

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