Cryptocurrency Analysis and News Portal
Democrats in the U.S. House of Representatives have proposed tax initiatives to fund a $3.5 trillion spending package which could potentially affect crypto users. According to a document released by the House Committee on Ways and Means on Monday, the proposal would increase the tax rate on long-term capital gains from
Read More
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
Read More
Dapper Labs, responsible for high-flying digital collectables such as NBA Top Shots and CryptoKitties, is raising funds that should net the firm more than $250 million at a valuation of about $2 billion, according to The Block, which cited sources familiar with the deal. Source
Read More
Brazil’s largest Bitcoin exchange, Mercado Bitcoin, has announced plans to expand across Latin America.Chief executive Reinaldo Rabelo named Chile, Mexico, and Argentina as among the jurisdictions it will expand into first, comparing the “regulatory culture” in those countries to Brazil’s.According to Useful Tulips, Mexico is currently the fourth-largest Latin American
Read More
"I would expect to see bitcoin charge past $30,000 as we enter the new year,” said one market observer. Source
Read More
A new platform has launched for decentralized margin trading – and it’s not on Ethereum. Sovryn has debuted
Read More
Michael Saylor announced plans to offer convertible bonds with the express intent to buy BTC. The community reacts.The CEO of MicroStrategy and Giga Chad himself announced MicroStrategy would be offering $400 million in convertible bonds with the intent to purchase more bitcoin. On this episode, NLW looks at the community’s reaction,
Read More
On Friday, Tesla stock closed at $489.61, or 9.66% down. Today, at the time of writing, TSLA stock is 7% up, trading at $524.11.Tesla Inc (NASDAQ: TSLA) stock has recently received another price target upgrade. Analysts at Morgan Stanley (NYSE: MS) and Wedbush Securities have reviewed their estimates following the
Read More
Cryptocurrency investigation firm Chainalysis expects to raise $100 million venture capital at a $1 billion valuation as early as next week, the company told Forbes. The Series C is being led by VC newcomer Addition with participation expected from Accel, Benchmark and Ribbit, Forbes reported. Those three firms have all
Read More
A group of investors is crowdfunding a lawsuit against Yearn.finance (YFI) founder Andre Cronje over the unreleased and unfinished Eminence (EMN) protocol and its hack.In a post, the group EMN Investigation said it is raising money to sue Cronje, Yearn developer ‘banteg,’ and Twitter user and Yearn supporter Blue Kirby.
Read More