BTC and altcoins flashed bullish this week, but the perpetual contracts funding rate and Tether premium reflect a lack of confidence from traders. Analyzing the aggregate cryptocurrency market performance over the past 7 days could give investors the impression that the total market capitalization grew by a mere 4% to $2.03 trillion, but this data…
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Big banks continue to explore Bitcoin and cryptocurrency’s long-term value proposition after shunning the asset class for years. A lot has changed since I first started covering Bitcoin (BTC) in 2012. A market once relegated to the deepest corners of the internet has now spawned a global revolution that has forced corporations and governments to…
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The exchange registered its first PAC in July 2018 but closed it the next year after having received no funds or making no disbursements. Crypto exchange Coinbase has filed for a political action committee reportedly to support “crypto-forward lawmakers” ahead of the 2022 midterm elections in the United States. According to a Feb. 7 filing…
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ETH price just broke from a long-term descending channel, but on-chain data still points to a few bearish catalysts. When analyzing Ether’s (ETH) price chart, one could conclude that the 3-month long bearish trend has been broken for a few reasons. The current $3,100 price range represents a 43% recovery in 15 days and, more…
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Harmony’s Ecosystem Fund financed Hashstack’s solution to improving DeFi lending. The DeFi lending and borrowing market has grown significantly in volume as new lending protocols continue to attract capital and NFT-backed loans become more popular. According to Dune Analytics, the top three platforms in terms of market capitalization are Aave (AAVE), Maker (MKR) and Compound (COMP). These…
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Aleo will use the funds to support developers in building applications within its private and scalable platform. Zero-knowledge applications platform Aleo has raised $200 million in a solid investment round, pushing the company forward and supporting its goals to develop products and services that encourage and assist developers in building applications on top of its…
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A 713% increase in venture capital funding went to global blockchain startups last year, but will this trend continue? Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion…
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Venture funds flush with cash are pouring millions of dollars into blockchain startups. And you’re worried about short-term price action? Is Bitcoin (BTC) in a bull market or a bear market? Has the current market cycle already peaked or can we expect another leg higher? Venture capital funds don’t seem to care either way. They’re…
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The developer behind popular NFT projects PUNKS Comic and MetaHero Universe, alongside investors Velvet Sea Ventures and 01A, plan to pioneer Web3 storytelling via new company. Operator-led venture capital firms Velvet Sea Ventures and 01 Advisors invested $100 million into Pixel Vault, a large nonfungible token collection of superheroes, to jointly launch the rebranded multi-franchise…
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The blockchain analytics company has seen its valuation grow as more crypto users rely on its services for informed decision-making. Dune Analytics, a leading data analytics platform, has announced a capital raise of $69,420,000, in addition to a $1 billion-dollar valuation, the latter of which means that the company attained “unicorn” status, which describes privately-held…
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