Bitcoin Price Eyes $7.4K After Defense of Key Support
Bitcoin solid defense of the key 50-day moving average support may have opened the doors for a minor corrective rally.
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Polygon Labs Commences $85M Grant Program to Draw Builders to Its Ecosystem
Ethereum scaling platform Polygon Labs has started a grant program to entice developers to build applications in its ecosystem.Polygon Labs is offering a total of 110 million of its native token, MATIC, worth around $85 million at the time of writing, to projects in decentralized finance (DeFi), gaming, social media and more.Direct grants of up

Bitcoin Tops $47K as Spot Bitcoin ETFs Book One of Their Best Days
Bitcoin jumped to $47,600 Friday U.S. morning hours, then quickly sold off 2%.Spot bitcoin ETFs saw over $400 million in inflows Thursday, their best day since Jan. 17, BitMex Research data shows.Bitcoin (BTC) climbed past $47,000 Friday as U.S.-based spot bitcoin exchange-traded funds (ETFs) booked one of their largest net inflows Thursday since their debut.The

SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules
A federal judge ruled that the Securities and Exchange Commission had brought plausible allegations against crypto exchange Kraken, meaning its lawsuit will proceed to trial. The SEC sued Kraken last year, alleging the exchange failed to register as a broker, exchange or clearinghouse. The U.S. Securities and Exchange Commission’s (SEC) lawsuit against Kraken will proceed

A Physical Dogecoin Could Reach the Moon in December
A physical dogecoin (DOGE) token could reach Earth’s moon in a space payload mission planned by Pittsburg-based firm Astrobotic, Dogecoin developers said in an X post Thursday.“Astrobotic plans to send a physical Dogecoin to the moon in the DHL Moonbox via ULA's Vulcan Centaur Rocket on 12/23/2023,” Dogecoin developers said. “Funded by our community in

Razor Network Raises $3.7M to Prove There’s Room for More Oracles in DeFi
Nov 4, 2020 at 14:00 UTCUpdated Nov 4, 2020 at 14:07 UTCDecentralized oracle platform Razor Network has raised $3.7 million in a seed funding round from NGC Ventures, Alameda Research, Spark Digital Capital and private investors including Mariano Conti, former head of oracles at MakerDAO.“Mariano really understands what we’re doing,” said Razor Network founder and…

Revolut Launches Commission-Free Crypto Trading for US Investors
Revolut, a fintech company with a $33 billion valuation that offers cryptocurrency buying as part of its services, is allowing U.S. customers to trade as much as $200,000 a month commission-free starting today.Among other free services announced by Revolut are out-of-network ATM withdrawals of up to $1,200 and 10 remittance payments. Users will also be…

Bitcoin Transaction Fees Decline as Network Congestion Eases
May 27, 2020 at 16:10 UTCBitcoin Transaction Fees Decline as Network Congestion EasesAfter facing a heavy load of transactions earlier this month, bitcoin’s (BTC) network has returned to a more normal level, recent developments suggest. The total amount of fees paid to miners was 80 BTC as of Tuesday, down from its 11-month high of…

Web3 News From Consensus
Rosie Perper is the Deputy Managing Editor for the Web3 news section, focusing on the metaverse, NFTs, DAOs and emerging technology like VR/AR. She has previously worked across breaking news, global finance, tech, culture and business. She holds a small amount of BTC and ETH and several NFTs.Howdy y'all and welcome to a special Consensus…