Dragonfly Capital has invested $10 million in cryptocurrency derivatives exchange Bitget, the San Francisco-based venture capital firm announced on April 4. The funds will be used to support Bitget’s ongoing global market and service expansion and upcoming corporate social responsibility initiatives directed at crypto education and adoption. Bitget disclosed that since […]
The founder of Capriole Investments, Charles Edwards, has shared in his latest tweet an assessment that Bitcoin is still significantly undervalued at its current price. The creator of the Hash Ribbons indicator and one of the leading publishers of on-chain models, stated that Bitcoin is currently trading at a 33% […]
A large portion of the roughly $573,000 pilfered from the multichain token bridge Allbridge has been returned after the exploiter seemingly took up the project’s offer for a white hat bounty and no legal retaliation. Allbridge tweeted on April 3 that it received a message from an individual and 1,500 […]
Over the past 24 hours, a significant amount of Shiba Inu (SHIB) has been burned via transactions. SHIB has surged by nearly 4% in the past day, emerging as the second highest gainer among large crypto by market cap after Dogecoin (DOGE). SHIB is currently in the green, with a […]
The Shiba Inu representing cryptocurrency Dogecoin (DOGE) has taken over social media Twitter, as the company could have a new logo. Multiple users reported that the Shiba Inu, the popular Japanese pet, substituted the “bluebird” as the default loading image and main logo, as seen in the image below. On […]
Ethereum price (ETH) is moving sideways below the $1,840 resistance level. Long-term analysis of the Ethereum price: fluctuation range The largest altcoin has been trading between $1,700 and $1,850 since March 17. The cryptocurrency asset has been trapped between these two levels for the past two weeks. If these price […]
Despite strong fundamentals, the Shiba Inu (SHIB) price is currently struggling to leave bearish territory. Since the local high of around $0.000016 on February 4, all attempts to generate new upward momentum have failed. Now SHIB may be facing a turning point. Fundamentals Support The Shiba Inu Bulls At least […]
With Twitter allowing users to verify their accounts for a monthly fee, the number of accounts with a blue checkmark — previously associated with prominent figures — has flooded the social media platform. A browser extension available for Chrome, Firefox and Safari plans to bring back the balance by revealing […]
Crypto businesses in the United Kingdom are reportedly encountering difficulties in obtaining banking services, according to insiders who spoke to Bloomberg, as cited by Cointelegraph. It seems that the few banks still catering to crypto firms are ramping up their requirements, demanding more documentation and in-depth insights into monitoring clients’ […]
Victims of the now defunct crypto exchange Mt. Gox are set to get some of their money back in the coming weeks and months. Several creditors have set forth a plan to pay back at least some of the funds that were lost (or stolen) in the company’s collapse, but […]
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