INVESTMENT
Digital Asset Firm Castle Island Ventures Raises $250M to Target Web3 Crypto Startups
Digital asset company Castle Island Ventures completed the largest financing in history, up to $250 million to invest in startups focused on building currency networks, financial services and Internet architecture.
Bitcoin Needs to Break $44.5K Resistance, before Pushing Forward to $48K Level, says Analysis
Bitcoin needs to break through $44,500 so that the current range can be shattered, which will be instrumental in driving the price to the $48K area.
A Rising Rate Environment will Tilt from Bonds to Crypto, Says Fundstrat Founder
Thomas (Tom) Lee, the founder of Fundstrat Global Advisors, believes that a hike in interest rates will be a game-changer for crypto because other investments like bonds will become less attractive.
Bitcoin Continues Trading above 50-Day MA, Indicating Bullish Sign
Bitcoin remains above the 50-day moving average, despite shedding off some value over the last 24 hours.
Bitcoin Needs to Hold the $43.1K Level to Avoid a Slip back to $38K
Bitcoin ought to hold the $43,100 level to avoid dropping below the psychological price of $40,000.
Consumers See Crypto as Investment Tools, Study says
Consumers in the United States view cryptocurrencies as ideal investment vehicles, according to a new study by Paxos.
Bitcoin Should Breakthrough $44.5K Level to Create Higher High
Having broken the high resistance level between $38,000 and $40,000, Bitcoin needs to shatter the $44,500 area so that a higher high can be created for a sustained upward momentum.
Fintech Investments Amount in Singapore Reached over $3.9 Billion in 2021
The fintech sector in Singapore made significant strides in 2021 by hitting $3.94 billion, with crypto and blockchain funding contributing nearly half at 1.48 billion.
Crypto Social Circles Welcome Bitcoin for Breaking the Psychological Price of $40K
Breaching the high resistance zone between $38K and $40K has hyped up the crypto community.
Analytics Platform Dune Analytics Raises Nearly $70M in Series B Round, Led by Coatue
Ethereum-centric analytics platform Dune Analytics has raised $69,420,000 in Series B funding led by New York-based private equity firm Coatue.
Bitcoin Should Reclaim the $40K to $42K Zone, Which Has Served as Support and Resistance for a Year
Bitcoin’s intention to breach the high resistance area between $38,000 and $40,000 continues.
Small Bitcoin Holders are Stacking amid Visa's Crypto-Linked Card Payments Hitting $2.5B
Given that holding is a favored strategy in the crypto space, accumulation by small Bitcoin (BTC) holders continues to gain steam.
FTX Exchange Tops $32B Valuation with a $400M Series-C Venture Funding
FTX Derivatives Exchange has concluded its Series C funding round where it raised the sum of $400 million to increase its valuation to $32 billion.
Bitcoin Continues Holding Above the 200 MA, with $34K Being the Redline
With the 200-day moving average (MA) being a significant indicator used to determine the general market trend, Bitcoin (BTC) continues trading above this line.
Bitcoin Needs to Flip $38K-$40K Area, Gaining Sustainable Bullish Momentum
The plan of raising the interest rate proposed by the U.S. Federal Reserve has dented Bitcoin’s upward move because the leading cryptocurrency ranges between the $33K and $38K zone.
