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NFT Giant OpenSea Keeps Options Open for Potential Acquisition
28.1.2024
The collapse of the non-fungible token (NFT) market last year dealt a blow to OpenSea, raising questions about its once staggering $13.3 billion valuation. Now, the popular NFT marketplace is at the center of acquisition discussions, with CEO and co-founder Devin Finzer expressing an open-minded...
Bitcoin and Ethereum Price Prediction as BTC Rallies 10% From Recent Bottom and ETH Sees $5 Billion Flood In – Time to Buy?
28.1.2024
In the dynamic world of cryptocurrency, Bitcoin’s price prediction seems bullish, especially as it experiences a noteworthy upswing, currently trading at $42,220, marking a nearly 1% increase on Sunday. This positive trend in Bitcoin’s valuation coincides with a high-ranking...
Sygnum Bank Surpasses $40 Million in Strategic Funding Round
26.1.2024
Sygnum Bank has outperformed its funding expectations in a strategic growth round. The company’s focus now shifts to global expansion and further development of its regulated digital asset products. Sygnum Surges Past Funding Goals, Reaching $900 Million Valuation in Latest Round Digital...
Algotech (ALGT) vs. Dogecoin (DOGE): Investor Who Struck Gold Picks Algotech (ALGT)
25.1.2024
Take a deep dive into a new profitable project, Algotech (ALGT), with more promising tales than Dogecoin’s (DOGE) surge, hinting at a $1 valuation. Algotech’s groundbreaking rise as one of the top DeFi projects, fueled by transparency and a $1.1M seed sale, makes it the top coin...
Crypto Bank Sygnum Raises $40 Million for Expansion and Mergers
25.1.2024
Sygnum AG, a global digital asset bank, has successfully raised $40 million in a strategic funding round led by Azimut Holding. According to Sygnum’s latest announcement, the bank completed the oversubscribed funding round with over $40 million, exceeding its original $35 million target. Following...
FTX Payment Plan Faces Backlash, Clients Slam 2022 Asset Valuation as ‘Theft,’ Urge Court for Fair Redress
22.1.2024
Following the submission of a proposal by FTX estate debtors to reimburse customer assets based on their value as of Nov. 11, 2022, numerous objections have been raised by customers. A notable objection comes from an FTX client in France, who criticizes the estate for “depleting creditor...
Pantera Capital Projects Bitcoin Price Resurgence and Increased DeFi Market Activity
22.1.2024
Cryptocurrency management company Pantera Capital has released its yearly projections on Bitcoin (BTC) and the wider industry with expectations of more bullish activity for the market leader. In a recent market report, the firm highlighted the projected movement of the Bitcoin price valuation....
Myro Price Prediction as MYRO Starts Trending on Social Media – What Does it Do?
20.1.2024
MYRO, the cryptocurrency in question, has witnessed a modest uptick in its valuation. The price of MYRO is currently $0.240028, with trading activity over the last 24 hours reaching $78.63 million. The currency has appreciated by 1.65% within this period. Standing at the #230 rank...
This Solana competitor token is backed by analysts to hit $25 in 2024, is at a mere $0.07 Now
19.1.2024
Within the ever-evolving cryptocurrency landscape, characterized by the constant emergence of new projects, one token has managed to captivate the interest of both analysts and investors. Positioned as a formidable competitor to Solana, Retik Finance is creating significant waves in the crypto...
Bitcoin Technical Analysis: BTC Balances Above $42,000 Amidst Downtrend Signals
17.1.2024
Bitcoin has been holding steady above the $42K zone and over the past hour, the leading crypto asset has changed hands for $42,425 to $42,597 on Wednesday morning around 9:30 a.m. Eastern Time. The digital currency’s market valuation on Jan. 17, 2024, is around $835 billion with $25.65...
Hong Kong Licensed Crypto Exchange Hashkey Operator Raises $100M With $1.2B Valuation
16.1.2024
In a recent funding round, HashKey Group, the operator of one of Hong Kong’s two licensed crypto exchanges, successfully raised close to $100 million with a valuation of over $1.2 billion. Hashkey Group announced the completion of the series A funding round earlier today in a statement...
Bitcoin Price Prediction as Greed Index Hits Neutral Post-ETF Launch – Are Investors Losing Confidence?
15.1.2024
In the dynamic realm of cryptocurrency, Bitcoin‘s price trajectory has recently taken a downward turn, falling to $42,000 amidst diminishing enthusiasm for Bitcoin exchange-traded funds (ETFs). This decline occurs against the backdrop of a slightly contracting global crypto market, which...
FTX Creditors File Motion to Block Crypto Valuation with Low 2022 Prices
12.1.2024
Source: Adobe / Александр Поташев A group of FTX creditors have filed a motion seeking to stop plans of the collapsed exchange from valuing their cryptocurrency assets based on 2022 prices. FTX Creditors...
Crypto Whales Are Quietly Loading Up on This Hidden AI Gem – Find Out Why
8.1.2024
Crypto whales are rushing to buy LPX tokens during Launchpad XYZ’s presale phase in order to access AI crypto trading tools before public listing. Image by HappyWhale, Adobe Stock. The AI crypto market has seen astronomical growth over the past year, with the industry’s total valuation...
Bitcoin Soars Past $45K as Market Eyes ETF Approval, Setting Stage for April’s Halving
2.1.2024
The digital currency market has surged to a valuation of $1.74 trillion in the past 24 hours, with bitcoin climbing above the $45K threshold. Over the recent day, the market experienced a 4.65% increase in comparison to the U.S. dollar, and global trading volume saw a substantial 20% rise from...
FTX Estate Faces Objections Over Lowered Crypto Claims Valuation Amid Bankruptcy Proceedings
28.12.2023
On Dec. 27, 2023, FTX debtors released a projected valuation of claims involving digital assets, with the proposal suggesting conversion of claims into dollar amounts pegged to crypto asset values as of Nov. 11, 2022. Consequently, an individual who held bitcoin on FTX would receive $16,871...
Bitmap Theory’s Meteoric Rise: Pioneering a Bitcoin Metaverse With a $235 Million Valuation
22.12.2023
The Bitmap Theory initiative, launched just last summer, is swiftly gathering momentum. Its objective is to integrate a digital realm, often referred to as the metaverse, within the Bitcoin blockchain. Through the innovative use of Ordinal inscription technology, Bitmap enables individuals to claim...
Smart Contract Tokens Solana and Avalanche Surge, Closing in on BNB and Ethereum
20.12.2023
Recently, the smart contract platform tokens solana (SOL) and avalanche (AVAX), both considered layer one (L1) crypto assets, have been narrowing the gap with ethereum (ETH), the most prominent smart contract platform in terms of market valuation. Over the past month, solana has experienced a...
Veteran Trader Peter Brandt Shorts Ethereum, Signaling Potential Downturn
19.12.2023
On Monday, veteran trader Peter Brandt took to the social media channel X (previously known as Twitter) to reveal that he had taken a short position on ethereum (ETH), the crypto market’s second-largest asset by valuation. He further shared a technical chart with his 707,000 followers on...
FTX’s Revised Reorganization Plan Addresses Cryptocurrency Claims Valuation
17.12.2023
Source: Adobe / Ascannio The debtors of now-defunct cryptocurrency exchange FTX have submitted an amended Chapter 11 plan of reorganization, suggesting that customer asset claims should be valued retroactively to the date of the exchange’s collapse in November last year. In a recent...