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FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis
24.2.2022
Bitcoin’s correlation with the U.S. equity market could be one reason for its current decline, but Eastern European money destabilization could push BTC as “crisis” hedge
Zebec From Solana Manages to Raise $15 Million Through Venture Investments
24.2.2022
Zebec, a web3 payment protocol, has managed to accumulate a staggering $15 million in the recent round of fundraisers led by Solana Ventures. The new and successful round on Solana has turned the eyes of investors towards this lucrative blockchain. However, this is not the only venture of Solana....
Bitcoin dips 12% as Russian ruble hits all-time low against USD on Ukraine 'military operation'
24.2.2022
The ruble crashes past 87 to the dollar early on Thursday as events in Ukraine take a turn for the worst; Bitcoin price tanks
Stablecoin issuer Circle launches business accounts for USDC transactions
23.2.2022
More businesses are expressing interest in accepting cryptocurrency payments and holding digital assets in their strategic reserves
FC Barcelona ‘Rejected’ USD 79.4M Sponsorship Deal from Crypto Firm over ‘Ethical’ Worries
23.2.2022
The President and managing board of the footballing giant FC Barcelona reportedly turned down a bumper USD 79.4 million deal with an unnamed crypto exchange company that wanted to become its shirt sponsor from next season – with the board worried that crypto is an “unethical” sector....
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Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps
22.2.2022
At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled...
First Syndicated Loan for Alameda Research Surpasses USD 100M
22.2.2022
Maple Finance, an institutional capital marketplace focused on crypto, has issued its first syndicated loan in excess of USD 100m to Alameda Research, a quantitative trading firm and parent company of crypto derivatives exchange FTX.
According to an announcement from Maple Finance, the loan...
Terra Ecosystem Gets USD 1B Injection, Grayscale's Bitcoin ETF Campaign + More News
22.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Terra Ecosystem Gets USD 1B Injection, Grayscale's Bitcoin ETF Campaign + More News
Bitcoin, Ethereum Technical Analysis: ETH Finds Temporary Support, After Hitting 3-Week Low
22.2.2022
Ethereum found support on Tuesday, following a drop to a three-week low earlier in today’s session. This comes as the price of bitcoin also consolidated, following recent bearish pressure. Bitcoin The selloff in BTC momentarily eased on Tuesday, as global markets continued to closely monitor...
Texas Man Sues OpenSea Over Stolen NFT, Asks for Over USD 1M in Damages
22.2.2022
Timothy McKimmy, the US man who says he had lost his non-fungible token (NFT) due to an issue related to OpenSea's user interface (UI) design, has filed a lawsuit against the NFT marketplace, alleging that the platform was aware of the issue but did not "timely put adequate safety measures...
DAO Rallies To Collect USD 4B For Denver Broncos Buy
21.2.2022
A decentralized autonomous organization (DAO) has been established with the aim to pool some USD 4bn and buy the Denver Broncos franchise of the US National Football League (NFL).
The Broncos were put up for sale earlier this month, and the trustees said in a statement they hope to have...
Technical Analysis: SOL, LUNA and AVAX All Down on Friday
18.2.2022
Solana, terra and avalanche were all lower on Friday, as market uncertainty impacted all major cryptocurrencies. This came as several of the big ten all fell into multi-week lows versus the U.S. dollar. Biggest gainers With markets mainly in the red on Friday, finding a bull was no mean feat...
Bitcoin Holders Search for 'Hopium' as BTC Breaches USD 40K, Gold Rises
18.2.2022
The bitcoin (BTC) price dropped again today, after losses in the stock market, geopolitical tensions, and prospects of rising rates weighed on sentiment in the digital asset market. However, some are hopeful that the worst is now behind us, with one leading institutional investor reminding...
2 ‘Sleeping Bitcoin’ Block Rewards From 2010 Wake up After Sitting Idle for More Than a Decade
18.2.2022
During the last week bitcoin’s USD value has shed close to 9% as it slipped from $44,239 per unit two days ago, to below the $40K range on Friday. Meanwhile, in the last 24 hours, two sleeping bitcoin block rewards from 2010 woke up after more than a decade of sitting idle. The 100 bitcoins...
Sequoia Capital Creating $500 Million Crypto Fund for Token Investment
18.2.2022
Last October, Sequoia Capital announced intentions to deconstruct the traditional venture capital model by forming a single fund to handle all of its U.S. and European assets (including publicly-traded shares). Now it’s setting out its next steps, including a $600 million fund focused...
Bitcoin Nears USD 40K, Ethereum Below USD 3K, Altcoins in Red
18.2.2022
Bitcoin price started a stronger decline after it failed to stay above the USD 42,500 support zone. BTC even declined below USD 41,200 and traded close to USD 40,000. It is currently (04:18 UTC) correcting losses near USD 40,700, but the bears might be active near USD 41,200.
Similarly, most...
Technical Analysis: ATOM Hits 1-Week High — AXS, LEO, THETA Dip Lower
17.2.2022
Despite Thursday’s selloff in cryptocurrencies, cosmos managed to hit its highest level in the last week. The rally came as one of yesterday’s big gainers, THETA, slipped in today’s session. Biggest gainers Cosmos (ATOM) moved higher in today’s session, despite...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Fall Lower Against USD
17.2.2022
Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent...
Circle’s Valuation Doubles to USD 9B as New Holding Company Expected to Go Public
17.2.2022
The crypto infrastructure and payments firm Circle has entered into an agreement with the special purpose acquisition company Concord Acquisition Corp that will see the formation of a new holding company, doubling Circle’s valuation from USD 4.5bn, announced in July 2021, to USD 9bn now....
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Axelar Raises $35M to Reach a $1B Valuation for Its Network
17.2.2022
Axelar, the worldwide, decentralized interoperability network linking all blockchain ecosystems, apps, and assets, announced today the completion of a $35 million fundraising round led by Polychain Capital, Dragonfly Capital, North Island Ventures, Cygni Capital, Rockaway Blockchain Fund...