Blockchain database firm SxT Labs raises $20M in Series A round
Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital, along with Microsoft’s M12 Ventures and OKX Ventures, backed SxT Labs’ Series A round.
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Ethereum bulls control 100% of this week’s $470M ETH options expiry
On May 7, a total of $470 million in Ethereum options are set to expire, and slaughter is really the only word that describes what is about to happen to bearish Ether traders.Currently, almost every single one of the 75,909 put (sell) option contracts will become worthless if Ether manages to remain above $3,100 until…
Blockchain Firm Raises $6 Mln From Major Energy Companies, Saudi Aramco Subsidiary
American blockchain startup Data Gumbo Corp. has raised $6 million from major energy companies, including the venture wing of Saudi Arabian national petroleum and natural gas company Saudi Aramco. The news was published by energy-focused news outlet Worldoil on May 8.In a Series A equity funding round, Data Gumbo ostensibly raised $6 million from companies…
New BTC price levels to watch as Bitcoin avoids $36K
Bitcoin (BTC) has new short-term BTC price targets as consolidation mixes with bouts of volatility.After a classic “short squeeze” took the largest cryptocurrency to near $36,000, Bitcoin market participants are highlighting key levels to look for from Nov. 8 onward.Bitcoin buy liquidity inches down to $34,000Bitcoin is facing hurdles overcoming resistance at the $36,000 mark
Ethereum dev confirms Goerli merger date, the final update before the Merge
The Goerli merger requires node operators to update both their consensus layer and execution layer clients in tandem, rather than just one of the two. 798 Total views 31 Total shares The Ethereum mainnet is just one testnet merger away from officially transitioning to a proof-of-stake (PoS) blockchain. After multiple shadow forks and testnet merges,…
XRP, SOL, and DOGE open interest falls combined 51% in the last month
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Gemini plans Asia-Pacific expansion as part of ‘next wave of growth for crypto’
The crypto exchange has already announced efforts to expand into Canada and Europe amid a lawsuit from the United States Securities and Exchange Commission. 47 Total views 1 Total shares United States-based cryptocurrency exchange Gemini, founded by Cameron and Tyler Winklevoss, has announced plans to expand into the Asia-Pacific region.In a June 19 blog post,…
Buying the dip? Bitcoin institutional investors add 100K BTC in a week
BTC price action may be flagging, but large-volume Bitcoin investors are buying, not capitulating, data shows.
Historic Negative Price in WTI Oil Futures Hardly Rattles Bitcoin Price
Bitcoin price saw a minor correction to $6,850 as WTI crude oil futures imploded and dropped below $0. 526 Total views 17 Total shares As reported earlier by Cointelegraph, the May 2020 Futures contract for West Texas Intermediate (WTI) Crude dropped more than 100% on Monday. At its worst the price reached negative $37.63, a…