INVESTMENT
Bitcoin Surged for Eight Consecutive Days, a Feat since December 2020
Bitcoin has been on an upward trajectory for eight consecutive days, as revealed by crypto analytic firm CryptoCompare.
Long-Term Bitcoin Holders Accumulate Heavily as Daily Active Addresses go Through the Roof
Long-term Bitcoin holders are still confident in the leading cryptocurrency because they accumulated heavily in the recent dip
Bitcoin Rebounds, Despite Bearish Confidence among Institutional Investors
Bitcoin’s price rebounded slightly, which has increased by 24.15% over the past week. However, the institutional sentiment remains bearish.
Bitcoin is Moving to Strong Hands as Small Holders are Proving to be a Rising Force
On-chain analyst Will Clemente believes that Bitcoin is moving to strong hands given that its supply shock is at levels witnessed at the $50-$60K range.
Bitcoin Needs to Create a Higher-Low at $31K for an Upward Trend, says Market Analyst
Market analyst Michael van de Poppe believes that Bitcoin should create a higher low at $31k for an upward trend to be ignited as its consolidation continues.
NFT Trading Platform Giant OpenSea Raises $100 M in Series B Funding, Becoming Next Crypto Unicorn
The well-known NFT trading platform giant OpenSea announced the completion of a US$100 million Series B financing, joining the track of crypto unicorn officially.
Crypto Exchange FTX Raises $900M in Series B Financing with a Market Cap valued at $18B
The American cryptocurrency exchange giant FTX.COM announced the completion of a $900 million Series B financing dedicated to expanding FTX's international influence, aiming to become the top exchange worldwide within two years.
Cathie Wood-led ARK Invest Purchases Another $54M Shares in Square
The Ark investment has placed a strong bet on the US version of the online payment provider Square, which bought another total of about 226,000 shares of the Square (SQ) at a cost of about $54 million.
Soccer NFT Trading Platform Sorare to Complete the Largest Round of Financing in French Tech with $530M
Football start-up NFT platform Sorare reportedly will raise 450 million euros in the financing, led by SoftBank.
All You Need to Know Before Investing in Cryptocurrencies
It is best to understand how it differs from other methods, as well as how to avoid cryptocurrency scams before you make an investment.
Bitcoin Investors Owning Coins Aged Between Two and Five Years Hold Over 22.9% of BTC Supply
As Bitcoin continues consolidating between the $30K and $40K range, BTC investors holding coins aged between two and five years are still confident about their investment.
Australia Sponsors Two Blockchain Pilot Projects for AU$5.6M
The Australian government has allocated more than 5.6 million Australian dollars to support two domestic blockchain pilot projects, enhancing the domestic productivity and competitiveness of the Minerals and Food and Beverage sectors.
US Financial Giant Capital International Group Acquires 12.2% Equity in MicroStrategy
American financial services provider, Capital International Group, acquires 12.2% of the shares in MicroStrategy, leaping over the third-largest shareholder in the company.
Only a Small Fraction of Institutional and Corporate Money Entered into Bitcoin Market
The amount invested by institutions and corporates in the Bitcoin market is a small percent of their total cash reserve
NFT OASIS Receives $4.4M in Financing to Integrate DeFi and VR for NFT Creators
California-based NFT decentralized platform NFT Oasis announced that it has received the first round of funding from $4.4M, aiming to combine VR and DeFi to art creators with more creative freedom, commercial control, and financial success.