Starkware Raises $75 Million for Scaling Products
Mar 24, 2021
Jeremy Parkinson
Cryptocurrency, No picture
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
Mar 24, 2021
Jeremy Parkinson
Cryptocurrency, No picture
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
Mar 24, 2021
Jeremy Parkinson
Cryptocurrency, No picture
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
Mar 24, 2021
Jeremy Parkinson
Cryptocurrency, No picture
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
Mar 24, 2021
Jeremy Parkinson
Cryptocurrency, No picture
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
Mar 23, 2021
Jeremy Parkinson
Cryptocurrency, No picture
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 […]
$5.5 Billion Worth of Bitcoin Options Expire on Friday
Mar 23, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bitcoin call options worth $2.6 billion and put options worth $2.8 billion will expire on Friday, March 26. A large Open Interest volume threatens to push this value to the maximum pain price at the time of expiration. The long-term strategy of institutional investors and fresh buying pressure could limit the size of […]
Coinbase to List ANKR, CRV, and STORJ
Mar 23, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Coinbase Pro revealed it is preparing to list Ankr, Curve DAO Token, and Storj on its retail platform on Mar. 25. The announcement has seen a significant number of investors rush to exchanges to get a piece of these cryptos. These altcoins have risen more than 40% in the last few hours and […]
CryptoTrader.Tax Review: A Guide to Calculating Crypto Taxes
Mar 23, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Crypto users could be liable for taxes, depending on their activity. CryptoTrader.Tax’s service aggregates users’ trades and other crypto activities on one dashboard. The product simplifies the process of calculating tax liabilities each year. The tax year’s filing deadline is approaching, which means many crypto users will need to submit their returns. While […]
Crypto Exchange Abra Launches Fiat Loan Feature
Mar 23, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Abra has launched a loan feature called Abra Borrow. Customers can now borrow U.S. dollars by providing crypto as collateral. No credit approval is required to borrow. This news was brought to you by Phemex, our preferred Derivatives Partner. The new feature lets customers take out a loan by providing crypto as collateral. […]