The crypto-friendly digital banking app – Revolut – announced it had raised $800 million in a new funding round led by SoftBank’s Vision Fund and Tiger Global Management. The fundraising turned the company into one of the largest fintech unicorns in Europe, as it is now valued at $33 billion. Revolut Becoming a Super-Unicorn According...Read More
The controversial cryptocurrency HEX, designed and launched by Richard Heart in December 2019, was the first Certificate of Deposit token to ever exist on a blockchain. The token was designed to store value and replace traditional Certificates of Deposit. HEX essentially allows users to stake their tokens for a share of the new token issuance...Read More
Bitcoin’s inability to quickly recover from strong support levels suggested a lack of demand in the market. As a result, Altcoins have also suffered a loss of value. The recent market-wide sell-off struck the XRP price hard and does not appear to be positive right now. The first Death cross in five months appears to...Read More
After another week of consolidation for bitcoin, with a drawdown to $31k, investors look to the weekend for a sigh of relief as the GBTC shares unlock continues. On-chain analysts detected an unusually large inflow of 41,000 BTC over a few transactions into Coinbase Pro Exchange, in just one hour. The immediate reaction from Crypto...Read More
Since it’s an all-time high of $4500, Ethereum Price has been unable to break out of its negative trend. ETH in tandem with the broader market has dropped 56% from its ATH. While Traders and investors are caught up in the bear market vs consolidation phase debate, tokens struggle to break out of descending channels...Read More
The minimal volatility of cryptocurrency markets is expected to persist. Bitcoin has recently suffered a number of setbacks, notably China’s regulatory crackdown, which was prompted in part by concerns over high energy use. Also, according to On Chain Analysis ( Glassnode ), Bitcoin bull markets are driven by retail. It’s a bear market warning when...Read More
The non-profit organization – American Cancer Society – plans to hire a product supervisor to oversee its potential cryptocurrency and NFT roadmap. The best candidate needs to have experience in fintech, knowledge of payments processing, and a passion for digital assets. The ACS Wants to Be The Leading Digital NPO The health organization dedicated to...Read More
On Wednesday, July 14th, pNetwork (PNT) is listed on WazirX, and you can buy, sell, and trade PNT in their INR and USDT markets. WazirX is also holding a giveaway for you that involves a variety of activities. What’s the Deal with PNT Deposits and Withdrawals? PNT is listed under Rapid Listing Initiative. As a...Read More