Cryptocurrency lending platform Celsius Network has raised $400 million in a new equity funding round amid United States regulators increasingly cracking down on crypto lending. Announcing the news on Tuesday, Celsius noted that the latest funding was led by Canada’s second-largest pension fund, Caisse de dépôt et placement du Québec (CDPQ), and WestCap, an equity …
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Read the day long blockchain and crypto news roundup of 12/10. We bring you the latest updates brewing across the platform. Solana tokens to get support from FTX.US’s recently expanded NFT marketplace NFT marketplace powered by FTX.US has extended support to the Solana Blockchain. This will enable traders to submit and pull out non-fungibles that …
The 211th-ranked crypto asset by market capitalization surged more than 360% in price at one point in the past week. The little-known Bitcoin Standard Hashrate Token (BTCST) skyrocketed from a weekly low of $16.06 to a high of $75.23 at one point last Thursday, an increase of 368.43%. ADVERTISEMENT The crypto asset has since …
Bitcoin (BTC) wallet and exchange platform Blockchain.com has announced the introduction of margin trading services. In a blog post issued on Tuesday, Blockchain.com stated that Bitcoin margin trading had been a regular request from users since launching its exchange service in 2019. According to the announcement, the platform will launch margin trading for the Bitcoin-United States …
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A major international airport in Venezuela is reportedly preparing to start accepting cryptocurrencies like Bitcoin (BTC) as payment for tickets and other services. Simón Bolívar International Airport is working to enable cryptocurrency payments to comply with local industry standards, regional news agency El Siglo reported on Sunday. Also known as Maiquetia, the airport is located in …
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Despite bitcoin’s (BTC) recent jumps, the cryptocurrency market as a whole is actually down. Its total value sits at around $2.4 trillion, a 0.4% decline over the past 24 hours, according to CoinGecko. Altcoins are largely responsible for the overall slide, with some of the biggest falling by as much as 10% in the past …
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‘eBay of NFTs’ ropes in heavyweight champion Tyson Fury for new drop A marketplace for non-fungible tokens (NFTs) launched by Travala dot com Co-founder Matt Luczynski will debut heavyweight boxing champ Tyson Fury’s NFT collection as it bids to become the go-to-market to buy, sell, trade, and bid on NFTs, and deliver a knockout blow …
Continue reading “This crypto investor lost an NFT worth $342,000 on a mere $12,600 loan”
‘Bitcoin Mining Council’ says 56% of all mining is sustainable The Bitcoin Mining Council, a self-regulating group they aren’t ‘responsible” that assesses Bitcoin mining companies and mining activities, has revealed the result of its Q2 findings based on electricity consumption and sustainable power mix. 2 min read → Go to Source
Nigerian Vice President Yemi Osinbajo recently warned that the country’s official naira exchange rate of N411 for every dollar is artificially low. This exchange rate, according to Osinbajo, discourages foreign exchange entrance into the country. Naira Exchange Rate Must Reflect Realities of Market Consequently, Vice President Osinbajo says he wants the Central Bank of Nigeria …
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Bitfarms, a bitcoin mining company, announced last week that construction is underway for a mega bitcoin mining farm in Argentina. The facility, which is designed to accommodate 55,000 miners, will be finished by next year. This is yet another signal that mining companies are looking for new areas with favorable conditions and cheap energy to …
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On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic plans to leverage the capital to expand the team and “accelerate” blockchain research and development (R&D). Elliptic Raises $60 Million to Bolster Expansion There’s been a number of capital investments and finance injections directed …
Veteran trader Tone Vays is putting Bitcoin traders on notice as he believes the leading cryptocurrency is flashing signs of weakness. In a new strategy session, Vays tells his 114,000 YouTube subscribers that while Bitcoin continues to inch higher, lower timeframe indicators are now showing bearish signals. ADVERTISEMENT “But I don’t like the oscillators …
Moonpay, a fintech startup dedicated to building crypto payments infrastructure, is reportedly expected to reach a valuation of $3.4 billion after conducting its first round of venture capital funding. The VC funding for the crypto payments startup is being co-led by Tiger Global Management and Coatue Management and will inject funds worth $400 million into …
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Bitcoin (BTC) is on track to see new all-time highs this month and at least $72,000 in November if the latest price data is accurate. In a tweet on Oct. 12, Filbfilb, an analyst at trading platform Decentrader, described what he said was an achievable price target for this month and next. BTC price to …
Cross-chain decentralized exchange (DEX) THORSwap appears to be on the path to recovery after the THORChain network was taken offline following major exploits just three months after entering its guarded launch. The Cosmos-powered network aims to support decentralized trades executed across different blockchain networks such as Bitcoin (BTC) and Ethereum (ETH). According to an Oct. …
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