Category Archive: Cryptocurrency, No picture
OKEx, MXC Announce $40M Investment in Solana Ecosystem
Key Takeaways The Solana Foundation has partnered with OKEx and MXC to launch two investment funds. The funds will bring in $40 million of capital to support projects building on Solana. Solana has recently attracted a number of new projects to its platform. This news was brought to you by ANKR, our preferred DeFi Partner. […]
New Turn in Ripple Lawsuit Brings Bulls Back to XRP
Key Takeaways XRP holders are growing overwhelmingly bullish. The sudden change in sentiment is likely related to a new turn that the SEC v. Ripple case has taken. Large whales have gone into a buying spree in anticipation of a positive resolution. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. […]
AC Milan Joins Ethereum NFT Game Sorare
Key Takeaways AC Milan has joined Sorare. The club’s 2020-21 squad will be available as digital trading card NFTs on Ethereum. Sorare has welcomed several major soccer clubs amid a boom across the NFT space. A one-of-a-kind Cristiano Ronaldo card recently sold for $290,000. The fantasy soccer game has received backing from several notable figures […]
Fidelity Investments Files Bitcoin ETF Application
Fidelity Investments has filed a Bitcoin ETF proposal with the SEC. The asset management giant is the latest to join the queue of firms hoping to lay claim to the product. Fidelity Joins BTC ETF Hopefuls Fidelity’s subsidiary, FD Funds Management LLC, filed its S-1 with the Securities and Exchange Commission (SEC). The firm’s Bitcoin […]
Starkware Raises $75 Million for Scaling Products
This news was brought to you by ANKR, our preferred DeFi Partner. Starkware has raised $75 million in its series B funding round, according to an announcement from the firm on Twitter. Top VC Funds Lead Series B Paradigm led this round of funding, just as it did during Starkware’s Series A round in 2018. […]
New York Times Writer Turns Latest Column Into NFT
Key Takeaways New York Times tech writer Kevin Roose has turned one of his tokens into a non-fungible token, or NFT. The highest bidder will receive the token, plus a profile in a follow-up article and a congratulations message. Proceeds will be donated to the New York Times’ charity effort. New York Times tech writer […]
Chainlink Whales Sell With Little Support Ahead
Key Takeaways Chainlink has endured a month-long consolidation period without providing any clear signals of where it is heading next. On-chain data shows that mid-sized whales have been selling or redistributing their holdings, adding credence to the bearish outlook. Only a daily candlestick close above the $29 resistance barrier could save LINK from a 43% […]
Bitcoin Rewards Program Lolli Lands $5M Investment
Key Takeaways Bitcoin reward’s app Lolli obtains second venture funding in less than a year. The web browser extension is promoting Bitcoin payments with free BTC cashbacks. Bitcoin payments begin to gather momentum with Tesla enabling car purchases with BTC. This news was brought to you by Phemex, our preferred Derivatives Partner. Bitcoin web browser-based […]
Tesla Breathes New Life Into Bitcoin Bull Run
Key Takeaways Elon Musk stole the crypto spotlight after announcing that Tesla’s customers can now make purchases using Bitcoin. Market participants seem to have reacted positively to the news as BTC gained over $2,000 in market value. According to a prominent technical analyst, the cryptocurrency’s utility will play a vital role in its march to […]
FTX Will Likely Get Naming Rights to Miama Heat Arena
Key Takeaways FTX will likely gain naming rights to the Miami Heats’ home stadium in a $135 million deal, following a vote on Friday. The naming rights are currently owned by AmericanAirlines. Basketball and cryptocurrency have recently intersected in numerous ways thanks to the NBA and its teams. This news was brought to you by […]
