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Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.

Institutional Investors Pump $429 Million Into Crypto as Bitcoin Steals the Show

Institutional Investors Pump $429 Million Into Crypto as Bitcoin Steals the Show

In the past one week, institutional investors pumped a whopping $429 million into crypto funds and products, with GrayScale taking the bulk at $336.3 million.

Elon Musk Says "Dogecoin Is The People's Crypto"

Elon Musk Says "Dogecoin Is The People's Crypto"

Elon Musk just declared that "Dogecoin is the people's crypto," sending the price of the cryptocurrency up by more than 53% in the past 24 hours.

GameStop, Dogecoin and Crypto: Making Sense of The Wild Current Financial News

GameStop, Dogecoin and Crypto: Making Sense of The Wild Current Financial News

I have been watching the exploits of the rag-tag group of Reddit traders who have upended Wall Street's status quo. As an investor, the absurdity of both Wall Street and Reddit is apparent. I will continue to support open and decentralized platforms like Bitcoin. Here is my take on where we go from here.

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.

KYC on Exchanges Powerless Against PlusToken Ponzi Scammers According to New Report

KYC on Exchanges Powerless Against PlusToken Ponzi Scammers According to New Report

The PlusToken Ponzi scheme operators are using regulated KYC compliant exchanges to dump their cryptocurrency according to an updated report by investigative firm OXT Research.

Winklevoss’ Predicts Bitcoin Market Cap of $9 Trillion and BTC Price of $500,000 by 2030

Winklevoss’ Predicts Bitcoin Market Cap of $9 Trillion and BTC Price of $500,000 by 2030

Bitcoin billionaires Tyler and Cameron Winklevoss told CNBC that the Bitcoin price will surge to $500,000 within the next decade and replace gold as a store of value.

Iran to Pump Liquidity in Economy by Permitting Power Plants to Mine Bitcoin

Iran to Pump Liquidity in Economy by Permitting Power Plants to Mine Bitcoin

Iran has given power plants the green-light to undertake Bitcoin mining on a large scale as this will spur economic growth from the revenue generated. Nevertheless, interested parties must adhere to various regulations like not using subsidized fuel to extract Bitcoin and other cryptocurrencies.

Ahead of The Ripple (XRP) SEC Court Date, Flare Network Declares its Support

Ahead of The Ripple (XRP) SEC Court Date, Flare Network Declares its Support

The Flare Network has stated that it is not associated with Ripple, but believes XRP is a virtual currency and not a security despite the United States SEC alllegations.

Ethereum (ETH) and Polkadot (DOT) Lead The New Year Crypto Bull Run

Ethereum (ETH) and Polkadot (DOT) Lead The New Year Crypto Bull Run

With the recent price surges seen in the market, Ethereum and Polkadot take the lead among the top ten cryptocurrencies by market cap.

Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump

Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump

However, upon attempting to reach $20,000 again, Bitcoin was rejected and has plunged below $19,000, and is currently trading at $18,581.

Here Are the Top Three DeFi Gains of the Week: SUSHI, UNI, and AAVE

Here Are the Top Three DeFi Gains of the Week: SUSHI, UNI, and AAVE

A look into the DeFi markets shows that SushiSwap's SUSHI, Uniswap's UNI, and Aave's AAVE token experienced the most growth in the past week.

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