Cryptocurrency Analysis and News Portal
Bitcoin has been sitting above a critical support zone during the weekend. At the time of writing, BTC trades at $56.662 with sideways movement in the daily chart. In the weekly chart, the first cryptocurrency by market cap has a 12.8% following a $10,000 rally from the higher zone in
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As Bitcoin (BTC) lost the $52,000 support on April 22, the futures contracts funding rate entered negative terrain. This uncommon situation causes the shorts, investors betting on price downside, to pay fees every eight hours.While the rate itself is mildly damaging, this situation creates incentives for arbitrage desks and market
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The Overtime Series C Funding round speaks to the growth of the company since it was founded in 2016. Popular American sports media brand, Overtime has secured $80 million in a Series C Funding round featuring prominent investors. According to a CNBC report, the round was
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Digital asset custodian First Digital Trust has secured funding to bring crypto asset payment services and upgrades to the Asia Pacific region.The Hong Kong-headquartered company has raised $2.15 million in a convertible note funding round led by private investors including Asian venture studio Nogle. The total funding for the firm
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Using the new funds, Virtue Poker plans to finally launch its mainnet in May 2021.Ethereum-based Consensys poker platform Virtue Poker has successfully pulled in a total of $5 million in a strategic investment round it recently concluded. The multi-chain decentralized platform received funding from several known investors such as Consensys, Pantera
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According to Ramp, the raised funds will go into more hiring and bolster its marketing efforts.Fintech startup Ramp secured $115 million in a recently-concluded investment round led by financial and software company Stripe. According to an announcement on the 8th of April, the two-year-old company is now valued at $1.6
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The completion of the Series D funding round comes a few months after the merger between Visa and Plaid was canceled.Plaid Inc, a financial service company that connects banks and fintech firms, has announced the completion of its Series D funding round with $425 million, hereby raising its valuation to
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NBA Top Shot maker Dapper Labs has secured about $305 million in new funding round from investors.According to a report by Business Insider on Tuesday, past and present NBA stars like Michael Jordan, Alex Caruso, and Kevin Durant participated in the funding round. Other investors included The Chernin Group and
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Avanti Financial Group seeks to become the second crypto company after Kraken Financial to acquire a full banking charter in the United States.Avanti Financial Group, a digital asset bank, announced on Thursday that it has completed its Series A funding round with $37 million, bringing its total raised capital since
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According to OpenSea, the NFT marketplace they manage has no items belonging to the company. Non-Fungible Token (NFT) marketplace OpenSea has announced it raised the sum of $23 million led by new investors including Andreessen Horowitz (a16z), Naval Ravikant, and Mark Cuban amongst others in a Series A
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