Celestia Raises $55 Million to Solve Blockchain Modularity Challenge

celestiaCelestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital, Protocol Labs, Figment, Maven 11, and Spartan Group, among […]

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Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report

Daily Earnings of Typical Axie Infinity Player 'Fall Below the Philippines' Minimum Wage Line:' ReportThis year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries […]

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Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’

Defi Derivatives Exchange Dydx Raises $65 Million - Project Plans to 'Launch a Mobile Application'The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through the volatility of the cryptocurrency markets.” Defi Exchange Dydx Raises $65 million from Strategic […]

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Close to 11 Million BTC Haven’t Moved in Over a Year

Close to 11 Million BTC Haven't Moved in Over a YearAccording to a new research report published by Digital Asset Data, more than 10 million BTC has been sitting dormant for a whole year. Data shows that unmoved bitcoins account for roughly 59% of the current minted supply and it’s the largest number of dormant coins since the start of 2017. Also Read: Mining Report […]

The post Close to 11 Million BTC Haven’t Moved in Over a Year appeared first on Bitcoin News.

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UTXO Analysis Points to a BTC Price Bottom in Q1 2019

UTXO Analysis Points to a BTC Price Bottom in Q1 2019“When will the bear market end?” is the refrain of bored and frustrated traders across crypto Twitter. “Soon” is the answer suggested by Delphi Digital’s latest report. “Bitcoin Holder Analysis Through Cycles” seeks to determine when selling pressure that has deflated BTC prices over the past 12 months will alleviate, signaling that market recovery could […]

The post UTXO Analysis Points to a BTC Price Bottom in Q1 2019 appeared first on Bitcoin News.

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