VC Roundup: Investors double down on funding for crypto, blockchain startups

Despite local cryptocurrency uncertainty, Russia is strengthening its leadership on major peer-to-peer exchange LocalBitcoins in the share of Bitcoin (BTC) trading volumes.Russia has traded the most Bitcoin on LocalBitcoins exchange for two consecutive months, April and May 2020, according to an analysis by crypto media startup CryptoDiffer.Russia trades nearly twice as much BTC on LocalBitcoins…

Major crypto exchanges continue to elevate the stature of the DeFi space. OKEx is the latest cryptocurrency exchange to hop on the DeFi bandwagon. On August 28, they announced listings for eight different DeFi tokens, including Band Protocol (BAND), JUST (JST), REN, Reserve Rights (RSR), Yearn.finance (YFI), Nexus Mutual (wNXM), YFII.finance (YFII), and Tellor (TRB).…

Users can view account balances through a Network Explorer or programmatically retrieve them via the mirror node REST API, which the plugin will utilize. 254 Total views 2 Total shares A convergence of blockchain and artificial intelligence (AI) has occurred between ChatGPT and HBAR, the native cryptocurrency of Hedera Hashgraph. By capitalizing on the decentralized…

It's all about Ethereum for crypto traders on the day as Bitcoin faces crucial resistance and a slew of sellers lying in wait. 64 Total views 2 Total shares Bitcoin (BTC) hugged $22,000 on July 19 as macro conditions slowly turned to favor risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks, crypto rise as dollar…

Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations. 630 Total views 6 Total shares USD Coin (USDC) issuer Circle Internet Financial is launching a fully-reserved stablecoin pegged to the euro, signaling to the market that demand for crypto foreign exchange services remains high despite recent industry turmoil. Euro…

Bitcoin is likely to reach $1 million quickly due to a "torrent of money" coming from institutional investors in 2024, according to the JAN3 CEO. Bitcoin (BTC) is likely to reach $1 million in the "days to weeks" following the approval of a spot BTC exchange-traded fund (ETF), according to JAN3 CEO Samson Mow. “You're hitting

It's a question of "if," not "when" for Bitcoin to see a supply shock which squeeze price action upwards, one analyst forecasts. 2100 Total views 25 Total shares Bitcoin (BTC) preserved a higher low overnight on Sept. 14 in what one analyst believes may lead to sustained recovery.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: Time…

A poll has found 22% of institutional investors are likely to buy cryptocurrency in the future. 773 Total views 12 Total shares A survey carried out by JPMorgan found that one in five institutional investors at firms that don't currently trade in cryptocurrency believe their companies are likely to do so in future.The survey of…