Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Pakistani blockchain marketplace completes record $30M raise
With total funding of $37.8 million to date, Bazaar Technologies is among Pakistan’s most capitalized startups. 382 Total views 414 Total shares Pakistani blockchain-powered business-to-business (B2B) marketplace, Bazaar Technologies, has secured $30 million in the country’s largest Series A round to date.Bazaar announced the closure of its latest raise on Aug. 24, revealing that th…
Linea receives first contributor for open-source L2 rollup
Status partners with Linea, marking the beginning of a significant contribution to Linea’s zkEVM-powered L2 rollup as part of a broader decentralization effort.
Why is Stellar (XLM) price up this week?
The Stellar token experienced a notable 11.5% increase in value between Sept. 2 and Sept. 8, a novelty given that Bitcoin and most altcoins are down for the week. The surge came after Stellar (XLM) tested the $0.113 support level, which marked its lowest point in the past eight weeks. The price upswing followed a preliminary announcement
Which Way Bitcoin Price? Current ‘Stablecoin’ Period Mimics Early 2017
“What’s the price of those Bitcoin’s you keep talking about?” a friend asks me. I look at my phone and it’s still averaging around $9,200. “About the same as last month mate,” I replied. Bitcoin (BTC) price has hardly moved an inch in the last six weeks, barely moving 2% in either direction from its average…
City of Shenzhen airdrops 30M in free digital Yuan to stimulate consumer spending
The move comes as part of a government effort-led to revitalize consumer spending as a zero-COVID policy has devastated the countries' economic hubs. 107 Total views 23 Total shares According to local news outlet Shanghai Securities News, the City of Shenzhen will airdrop 30 million digital Chinese Yuan (e-CNY) to local residents in an attempt…
Fed Chair Teases Use of Ethereum-Based Interest Reference Rates
U.S. Fed Chair Jerome Powell said an Ethereum-based interest reference rate works, but maybe not for everyone. 760 Total views 37 Total shares In a May 28 letter to Senator Tom Cotton (R-AR), Jerome Powell, Chairman of the U.S. Federal Reserve, described an interest reference rate based on the Ethereum blockchain, called Ameribor, as effective…
BTC price nears $40K as as Bitcoin trader eyes return to all-time high
Bitcoin (BTC) held closer to the $40,000 mark on Dec. 3 after weekend gains reinforced a “strong” uptrend.BTC/USD 1-hour chart. Source: TradingViewBitcoin leaves $60 million in shorts hangingData from Cointelegraph Markets Pro and TradingView tracked a fresh BTC price surge, which took BTC/USD to new 2023 highs of $39,730.These built on upward momentum, which had
Pixelverse to put Pudgy Penguin character on Telegram mini game
A Pudgy Penguins character integrates into Pixelverse, joining characters like Doge from Dogecoin and Mew from the Solana memecoin MEW.