Crypto lending firm Celsius Network raises $400M
“It’s not $400 million. It’s the credibility that comes with the people who wrote those cheques,” Celsius CEO said. Go to Source Powered by WPeMatico
DIGIT
Blockchain.com exchange debuts Bitcoin margin trading
Gold-verified users of Blockchain.com exchange in over 150 countries will now be able to trade Bitcoin with up to 5x leverage. Go to Source Powered by WPeMatico
Nigerian Vice President Says Current Naira Exchange Rate ‘Artificially Low’
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 … Read more
Venezuelan international airport to accept Bitcoin payments: Report
“We must advance in these new economic and technological systems to be accessible,” Maiquetia airport director said. Go to Source Powered by WPeMatico
Crypto fintech Moonpay reportedly aims for $3.4B valuation in first VC funding
Co-led by Tiger Global Management and Coatue Management, the VC funding will inject funds worth $400 million into the bootstrapped company. Go to Source Powered by WPeMatico
Bitfarms Starts Construction of Mega Bitcoin Mining Farm in Argentina
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 … Read more
Need some Bitcoin ‘hopium’? This chart calls for new BTC price all-time high by November
The latest bullish Bitcoin price forecast further cements the case for a breakout, but a retracement could conversely end up with a visit to $45,000. Go to Source Powered by WPeMatico
THORSwap relaunches cross-chain trading on four of five networks
THORSwap users can now transact across Bitcoin, Litecoin, Binance Smart Chain and Bitcoin Cash networks. Go to Source Powered by WPeMatico
Blockchain Intelligence Company Elliptic Raises $60 Million — Evolution Equity Partners, Softbank Bolster Series C
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 … Read more
Institutional crypto products eye record AUM as investors pile into Bitcoin
Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week. Go to Source Powered by WPeMatico
