Winklevoss-backed DeFi platform launches after $6.9M investment round
Azura completed a $6.9 million investment round backed by the Winklevoss twins, Volt Capital and Alliance DAO.
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COVID-19 popularized decentralization, but blockchain may not catch on
On Nov. 9, drugmaker Pfizer announced that its COVID-19 vaccine is 90-plus percent effective, and even though it may be premature to proclaim the pandemic’s end — as the virus continues to rage in the United States and Europe — once can at least speculate: Where will blockchain adoption stand when the crisis abates?Some predicted, after…
On-chain data flashes Bitcoin buy signals, but the bottom could be under $20K
Every Bitcoin investor is searching for signals that the market is approaching a bottom, but the price action of this week suggests that we're just not there yet. Evidence of this can be found by looking at the monthly return for Bitcoin (BTC), which was hit with a rapid decline that “translated to one of the…
Bitcoin Clings to $7.8K but WHO Pandemic Declaration Sinks Markets
As equities markets across the globe continue to post hefty losses, Bitcoin (BTC) traders fought to keep the digital asset above the $7,800 support. Less than an hour ago the Dow closed down more than 1,400 points and the S&P 500 posted a 4.89% loss as the World Health Organization officially announced that the Coronavirus…
BREAKING: Bitcoin Crashes 17% in 1 Hour Below $6K in Coronavirus Panic
Bitcoin (BTC) made further dramatic losses on March 12, falling below $6,000 for the first time since May 2019. Cryptocurrency market daily overview. Source: Coin360Data from Coin360 and Cointelegraph Markets summarized the grim day for Bitcoin traders as BTC/USD hit lows of $6,000.The selloff intensified through Thursday, with 24-hour losses hitting 20% on some exchanges.Bitcoin 1-day…
Grayscale’s GBTC ‘spin-off’ Bitcoin Mini Trust goes live on NYSE Arca
After launching its spot Bitcoin ETF in January 2024, Grayscale now diversifies its offering with a “spin-off” spot Bitcoin ETP.
Ethereum Could Soon Pump 100% to $260, According to Analysts
Several analysts have predicted big gains for the number two cryptocurrency by market cap, Ethereum, in the next few months. One even suggested a replay of his 100% surge prediction from early last year, in a tweet on Jan. 1.Falling wedges break upside 68% of the timeLast week, analyst Manu Naik pointed out that the…
San Francisco-Based Thor Token Project Shuts Down
San Francisco-based blockchain project Thor Token is shutting down as the project “was not able to gain traction and achieve commercial success.” The news was announced by co-founder and CEO at Thor, David Chin on April 9.Thor — which was built on Neo (NEO) — has announced it is closing its doors as it reportedly…
CrowdStrike stock falls another 13% on Monday, days after global IT outage
“We are likely to experience similar incidents,” said Binance CSO Jimmy Su in the wake of the global computer outage.