INVESTMENT
NFT Trading Platform Giant MakersPlace Completes $30M in Series A Financing
Non-Fungible Token (NFT) trading platform MakersPlace announced the completion of a $30 million Series A financing jointly led by Bessemer Venture Partners and Pantera Captial.
6 Million Bitcoin Moved in the Last Six Months as 46 Million Americans Own BTC
Analyst discloses 6 million or 33% of Bitcoin supply have been moved in the last six months, whereas 12.5 million BTC were hodled during the same time frame.
Despite $45M Square’s BTC Impairment Loss, Cash App’s Quarterly Bitcoin revenue has Tripled
Digital payment giant Square officially released the Shareholder Letter of Q2 2021 on Sunday. Its financial data for the quarter recorded the quarterly bitcoin revenue of its Cash App has tripled, despite the company's bitcoin holdings were devalued by $45 million.
Crypto Deals Catch the Eye of Bigger Players, Triggering Price Surge
Fundraising by crypto companies has seen a surge in valuations as bigger players are pushing prices upwards.
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.
