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BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche
14.4.2021
PRESS RELEASE. BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of $6 million was raised in a round led by Ascensive Assets. A number of leading investors on blockchain and the emerging Avalanche ecosystem also participated. These include...
Coinbase IPO Today: Reference Price Set at $250, Investors See Nasdaq Listing as ‘Watershed’ for Crypto
14.4.2021
Coinbase’s IPO via a direct listing on Nasdaq is today. Nasdaq has set a reference price of $250 for the stock which will trade under the ticker symbol COIN. Investors are describing Coinbase’s public debut as a “watershed” moment for the crypto industry. Coinbase’s...
DeFi tracker Step Finance raises $2M from Solana ecosystem investors
13.4.2021
The Solana ecosystem continues its development in DeFi
CoinList 'Rally': 40K investors rush to buy RLY despite price pump
13.4.2021
Rally has generated $22 million in sales from its liquid token sale on April 4, which attracted 40,000 investors
Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It ‘Great Entry Point’ for Investors
11.4.2021
Guggenheim CIO Scott Minerd has warned crypto investors about bitcoin’s pullback. He said bitcoin “clearly has gotten caught in a speculative bubble that Gamestop got into.” However, he noted that it will be a “great entry point” for long-term investors. ‘Great...
41% of Surveyed Crypto Investors are Newbies
9.4.2021
As many as 41.4% of cryptocurrency investors are crypto newbies, and 60% of them declare they have invested between USD 2,500 and USD 5,000 in crypto, according to the results of a recent survey by alternative investment firm Invictus Capital.
“Today’s investor resembles a 35-year-old German...
Fidelity Says Bitcoin Adoption Will Keep Accelerating — ‘We’ve Reached a Tipping Point’
9.4.2021
Fidelity’s head of digital assets says that bitcoin adoption will continue “at an accelerated pace,” noting that “we’ve reached a tipping point.” He explained that investors are increasingly drawn to bitcoin “Particularly, in an environment where...
DeFi’s money markets are finally luring in institutional investors
8.4.2021
The explosive growth of DeFi’s money markets over the last few years has finally gotten the attention of institutional investors
ChainSwap raises $3M from investors including Alameda Research and NGC Ventures
8.4.2021
The multi-chain bridge hub aims to bridge Ethereum and BSC and beyond
Clever DeFi Offering Easy Yield Farming for Investors
6.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Within the rapidly growing cryptocurrency industry, decentralized finance is regarded as the next financial revolution. Among the defi protocols in the market, Clever DeFi is committed to taking yield...
Polkadot Investors Unimpressed With Tether News
6.4.2021
Polkadot (DOT) investors seem to be unimpressed by the news that the most popular stablecoin is coming on this blockchain.
The issuer of the stablecoin, Tether, announced today that tether (USDT) will launch on Polkadot, becoming the first stablecoin on this network.
However, DOT, ranked 6th...
South Korea’s Kimchi Premium Returns: BTC and ETH Prices Jump 18% Higher Than the Global Average
6.4.2021
While a great number of spot exchanges have seen consistent prices in a few select areas in the world, bitcoin is selling for a premium. That’s the case in South Korea right now as there’s a price gap, otherwise known as the ‘kimchi premium’ on domestic South Korean...
Shark Tank’s Kevin O’Leary Will Only Buy ‘Clean’ Bitcoins — Says Institutions Will Not Buy ‘Blood Coins’ From China
6.4.2021
Kevin O’Leary, aka Mr. Wonderful, says he will only buy “clean” bitcoins that are mined sustainably in countries that use clean energy. He says institutional investors are concerned about where bitcoins are mined and will not buy “blood coins” from China. Clean...
JP Morgan: Bitcoin’s Decreasing Volatility Makes It More Appealing to Institutions, Revises BTC Price Prediction to $130K
6.4.2021
JP Morgan says that bitcoin’s volatility has decreased in recent weeks, making the cryptocurrency more appealing to institutional investors. The investment bank has also revised its bitcoin price target to $130,000. Increased Institutional Adoption, New Price Prediction for Bitcoin JPMorgan...
Thai SEC says investors should have crypto trading experience
1.4.2021
Secretary-general Ruenvadee Suwanmongkol said the commission will be offering a free training course for investors who have no experience trading in cryptocurrencies
A Forex Broker Transfers 1,200 BTC Belonging to the Mirror Trading International to a South African Liquidator
1.4.2021
Fresh reports from South Africa suggest that a total of 1,200 bitcoins belonging to the now-defunct Mirror Trading International (MTI) were recently transferred from FX Choice to an appointed liquidator. The reports add the transfer had been sanctioned by the Financial Sector Conduct Authority...
Moonbeam Network Receives Fresh Capital Injection After Purestake Fundraising Success
31.3.2021
Following an initial seed capital round of $1.4 million, Purestake has raised a $6 million strategic round of financing from a consortium of investors to accelerate development, as the team aims to bring the Moonbeam network live in the second half of the year. Ethereum-Compatible Smart Contract...
Study Finds South Koreans Aged 20-39 Mainly Invest up to $100 in Cryptocurrencies
31.3.2021
South Korea’s “crypto boom” is a term that the local media has widely adopted to refer to the current hype seen across the Asian nation. In fact, a recent study unveiled a rising trend in the number of South Koreans making small-scale crypto investments. New Crypto Investors Seem...
Nifty News: NFTs go carbon-negative, top banker calls NFT investors gamblers
30.3.2021
Nifty Gateway is aiming to become carbon negative while BNP Paribas' CEO likens NFT investing to casino gambling
Early Investors Hodl Post-Tesla-Bitcoin Buy As Analysts Debate Hedge 'Myth'
29.3.2021
Source: Adobe/Сергей Шиманович
Over the past several days, prominent analysts have argued that more early investors are choosing to hodl bitcoin (BTC) at the moment, and that BTC is a measure of wealth, and while some say that it is a hedge against inflation, others call that narrative a myth....