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Ethereum Meets USD 4,000 Again, Bitcoin Above USD 50K, Altcoins Rally
14.5.2021
The crypto market is showing more positive signs on Friday, with BTC inching higher above USD 50,000, while ETH returned to the USD 4,000 level, and multiple smaller altcoins are enjoying a double-digit rally.
At 12:14 UTC, BTC was almost unchanged in a day, while ETH advanced by 6%. DOGE rallied...
Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears $100 Billion
14.5.2021
While most cryptocurrency markets are down today in value, dollar-pegged stablecoins have seen significant demand during the last 24 hours. Currently, the entire market valuation of all the stablecoins in existence is roughly $96 billion. The Rise of Fiat-Pegged Stablecoins Crypto assets like...
Buterin Paid USD 800+ In Fees For 9 Major Transactions on Ethereum
13.5.2021
Vitalik Buterin. Ethereum (ETH) co-founder and newly found billionaire, Vitalik Buterin, has risen to the occasion and donated massive amounts of dog-themed tokens and ETH to charitable organizations and community projects. Nine transactions cost him over USD 800 in fees.
The epic donation spree...
Bitcoin, Ethereum and Altcoins Recovering, Liquidations Hit USD 3.7B
13.5.2021
Bitcoin price topped near the USD 58,000 level before starting a major decline. BTC’s selloff was triggered by the Tesla news. The price dropped sharply and is currently (05:00 UTC) correcting losses.
Similarly, most major altcoins declined heavily. ETH broke the USD 4,000 support zone and it even...
Animoca Brands Raises 88,888,888USD Based on Valuation of 1Billion USD
13.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
13 May 2021 — HONG KONG — Animoca Brands, the company that is delivering digital property rights to gamers via NFTs, today announced that it has completed a capital raise of 88,888,888 USD (approximately...
dotmoovs Raises 840,000 USD From Strategic Investors and Partners
12.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
May 12th. dotmoovs, an NFT platform powered by advanced computer vision algorithms has successfully completed a private funding round of 840,000 USD from...
NFT Traders: ‘Christie’s F***ed up USD 17m CryptoPunks Sale’
12.5.2021
These 9 CryptoPunks were auctioned at Christie's. Source: Twitter/@ChristiesInc
Crypto community members have been left fuming despite another non-fungible token (NFT) sale at the auction giant Christie’s – with some claiming that key players were excluded from the bidding process due to...
QANplatform Announces Uniswap Listing, 2.1M USD Funding Raised
12.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Blockchain project QANplatform, which builds a quantum-proof energy-efficient platform, announced a successful 2.1 million USD venture funding round with...
Billionaire Druckenmiller says ledger-based system could replace USD worldwide
12.5.2021
Billionaire Stanley Druckenmiller thinks some kind of crypto-derived ledger system may replace the U.S. dollar as the world’s reserve currency in the future
Block.one Secures USD 10B To Compete With Coinbase, Binance & Co
11.5.2021
A new major player might join the vibrant industry of crypto exchanges, as EOS developer Block.one said it aims to launch a new crypto exchange, Bullish Global (BG), this year after they secured USD 10bn in funding.
BG is the new subsidiary of Block.one that has injected in the company USD 100m...
Metis Protocol Raises 4M USD Ahead of its IDO
10.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
After securing 1 million USD in funding from angel, seed, and private investment, Metis has received an additional 4 million USD in a round led by a host...
Ethereum Hits New Record High, Bitcoin Eyes USD 60K Again
10.5.2021
Bitcoin price remained stable above the USD 56,500 pivot level. As a result, BTC started a fresh increase and it cleared the USD 58,500 resistance. It is currently (04:30 UTC) trading USD 59,000 and the bulls may soon attempt an upside break above USD 60,000.
Besides, most major altcoins...
Ethereum Breaks USD 4,000, Bitcoin Rallies Past USD 59K
10.5.2021
The native token of the most popular smart contract platform, Ethereum (ETH), just reached another milestone, hitting USD 4,000 for the first time in its history.
At 03:17 UTC, ETH trades at USD 4,006 and is up by 2% in a day and 36% in a week. The price almost doubled in a month. ETH neared...
Dogecoin Needs 3 Conditions Fulfilled to Move Beyond USD 1
8.5.2021
The rallying dogecoin (DOGE) could grow to be a “true” payment token, and to be widely accepted by retailers - but for its price to grow, three relevant conditions need to be met, according to El Lee, the Co-Founder and Chief Operating Officer (COO) of the Singapore-headquartered Onchain Custodian...
MUNCH Project Reaches $1 Million Milestone in Charitable Donations
7.5.2021
PRESS RELEASE. DeFi project Munch has raised over $1 million USD in two weeks, to aid community-chosen global causes in developing nations, through non-profit organization GiveWell. May 7th, 2021, London, UK — MUNCH is a Decentralized Finance (DeFi) project which has raised over $1 million...
Report Finds Argentineans Are Becoming Increasingly Interested in Bitcoin, Ethereum and Stablecoins
7.5.2021
Over a million Argentineans have been buying cryptocurrencies in the last few months, and a pattern has been spotted among them in terms of preferences. A local media outlet unveiled that most of them are decanted to acquire bitcoin and stablecoins. Argentineans Like to Invest in DAI, USDC,...
TimeCoin(TMCN) Is a DeFi and NFT Project With Esports, VTuber, Sharing and Gig Economies
7.5.2021
PRESS RELEASE. TimeCoinProtocol is a blockchain project operated by TimeTicket GmbH, a company based in Switzerland and fully owned by TimeTicket Inc. Japan. The project issued its crypto currency called TimeCoin(TMCN) which is traded at more than 250 USD per TMCN on several exchanges such...
South Korean Gov’t Has ‘Invested USD 44.5m in Crypto Firms Since 2017’
6.5.2021
Opposition lawmakers have launched a stinging attack on the South Korean government, accusing it of hypocrisy after it emerged that publicly owned companies and government departments have invested a combined USD 44.5m in crypto-related projects in the past four years.
The data was compiled by...
If History Rhymes, ETH Might Hit USD 19K; Downside Risk Stronger Than BTC's
6.5.2021
Should ethereum (ETH) follow bitcoin (BTC)'s former path, its price might hit USD 19,000 this year, one analyst estimated, while another one argued that ETH is now being driven by demand, and BTC - by scarcity.
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, wrote in his latest...
Galaxy Digital To Acquire BitGo In a USD 1.2B Deal
5.5.2021
Mike Novogratz. Major financial services and investment management firm Galaxy Digital has agreed to acquire crypto services provider BitGo.
"The acquisition will position Galaxy Digital as a leading global full-service platform for institutions seeking access to the crypto economy, offering...