Cryptocurrency Analysis and News Portal
This episode is sponsored by Nexo, Abra and FTX US.Download this episodeIn today’s “Weekly Recap,” NLW looks at a slew of funding rounds announced this week, including:Near Protocol, $150 millionZeroHash, $105 millionCheckout.com, $1 billionSEBA, $119 millionDeFi Alliance (now Alliance DAO), $50 millionFTX Ventures, $2 billionSee also: SEC Must Surrender Hinman
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After the Chinese authorities introduced a complete ban on cryptocurrency transactions in September by equating them to illegal financial activity, local cryptocurrency miners either dropped off the radar or moved to other countries in order to continue with their business.The United States subsequently became the leader in terms of Bitcoin
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Bitcoin (BTC) has been on an impressive price run since the announcement of the United States Securities and Exchange Commission’s approval of ProShares’ Bitcoin futures exchange-traded fund (ETF) early in October, hitting a new all-time high of over $69,000 on Nov. 10, as per data from TradingView. However, the financial watchdogs
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Ethereum’s value has hit a recent all-time high above $4,600. However, not everyone agrees that the altcoin is fairly priced. Analysts at JPMorgan fall into this category. Although the altcoin has made great strides in utility recently, the analysts do not believe that the coin is fairly valued. They believed
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In a blog post published on Sunday, Ethereum (ETH) co-founder Vitalik Buterin voiced his support for utilizing the cryptocurrency phenomena to serve the interests of local governments and their citizens.Specifically, Buterin discussed the formation of city tokens and decentralized autonomous organizations, known as DAOs. DAOs are self-governing organizations where users
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Back in September, Twitter became the first major social media platform to adopt Bitcoin (BTC) tipping, enabling users to send BTC directly to their favorite content creators through the site’s native frontend. The company also allowed users to send their BTC over the Bitcoin Lightning Network to ensure near-instant settlement
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Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow shift remains intact supporting a bullish
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The Bank of America Corporation (BoA) has published a research report offering a bullish outlook for the long-term prospects of cryptocurrency.The report, published on Oct. 4 by BoA subsidiary, BofA Securities, offers a nuanced appraisal of the digital asset sector that highlights innovation taking place within the decentralized finance (DeFi)
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Bitcoin (BTC) gave traders a serious sense of déjà vù on Thursday after a fresh attack on $50,000 ended in a firm rejection.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin optimism waversData from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to local lows of $46,540 on Bitstamp, having passed $49,300 hours
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With a start date of March 15th, The Spring 2021 Chainlink Virtual Hackathon records more than 3,500 participants. According to an official post, the participants are “building the next generation of smart contracts”. The event will end on April 11th. However, those who wish to claim the $125,000 will have until
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