3 coins back from the dead in 2024 that may continue to rise in ‘25
Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year.
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Chinese residents make 20K transactions in digital yuan trial event
The numbers come following the Suzhou municipal government giving away roughly $3 million in a digital yuan lottery for residents. 280 Total views 3 Total shares People in China have conducted roughly 20,000 transactions through e-commerce company JD.com in a trial of the country’s digital yuan.According to local media outlet Global Times, JD.com reported that…
Crypto investment product firm 21.co raises $25M to reach $2B valuation
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters. 1219 Total views 24 Total shares 21.co, the new parent firm of exchange-traded products (ETP) provider 21Shares, has become “Switzerland's largest crypto unicorn,“ the firm announced on Tuesday.It raised $25 million in a…
Three Arrows Capital founders subpoenaed on Twitter
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Dorsey’s Crypto-Friendly Firm Square Joins Paycheck Protection Program
Square Capital, a crypto-friendly payment firm founded by Twitter CEO Jack Dorsey, is purportedly among the first Bitcoin (BTC)-related companies joining the United States federal emergency lending program.The firm has received U.S. Treasury and Small Business Administration (SBA) approval to become a lender under the federal Paycheck Protection Program (PPP).Square to start rolling out PPP…
VC Roundup: Web3 infrastructure developers attract major investors
Venture capital from Pantera, Coinbase Ventures, Alameda Research, ConsenSys and Crypto.com is making its way to Web3 projects. 767 Total views 14 Total shares Despite extreme volatility in the price of crypto assets, venture funds continue to make strategic investments in the industry. In recent weeks, the focus has shifted to infrastructure developers in Web3,…
Ethereum Price Aims for $300 But M-Top Could Reverse the Trend
The recent Bitcoin (BTC) price correction inflicted double-digit losses on many altcoins and while Ether (ETH) also took a knock, it recovered quickly compared to the price action of other top-ten altcoins. Since dropping 17.67% to $237.62 on Feb. 16, Ether has rallied 20.78% to $285.99, less than $5 away from its 2020 high at…
Ross Ulbricht’s debut NFT sold for $6.2M at auction
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Bitcoin misses key resistance flip as BTC price falls below $68K
BTC price action shows sensitivity to Mt. Gox events, leaving $69,000 unclaimed as new support — to the frustration of Bitcoin bulls.