Cryptocurrency lending platform Celsius Network has raised $400 million in a new equity funding round amid United States regulators increasingly cracking down on crypto lending. Announcing the news on Tuesday, Celsius noted that the latest funding was led by Canada’s second-largest pension fund, Caisse de dépôt et placement du Québec […]
The last time we checked with Litecoin, its creator Charlie Lee left Coinbase to focus on his own project. The mission at hand was implementing SegWit in the Litecoin blockchain, which is easier said than done. This story is as exciting as they come. It has twists and turns and […]
Cardano price is struggling below the $2.32 resistance against the US Dollar, unlike bitcoin. ADA price must clear $2.20 to start a fresh increase. Cardano Price Analysis After a close above $2.20, cardano price attempted a break above the $2.32 resistance zone against the US Dollar. The ADA/USD pair failed […]
Singapore Exchange (SGX) published its market statistics for September 2021 today. The exchange saw significant growth in FX volumes after the SGX USD/CNH Futures and SGX INR/USD Futures jumped substantially in the last month. According to an official press release shared with Finance Magnates, SGX INR/USD Futures rose 17% m-o-m […]
Moonpay, a fintech startup dedicated to building crypto payments infrastructure, is reportedly expected to reach a valuation of $3.4 billion after conducting its first round of venture capital funding. The VC funding for the crypto payments startup is being co-led by Tiger Global Management and Coatue Management and will inject […]
FTX.US’s NFT marketplace has expanded support to the Solana blockchain, enabling users to trade, deposit and withdraw nonfungibles that conform to the Metaplex token standard. The U.S. registered branch of FTX announced the expanded functionality on Oct. 11, revealing the marketplace also plans to support Ethereum-based tokens in the near […]
Bitcoin has made a number of marked recoveries in its price lately. The most notable of this recovery has been the break above $57,000. This effectively set a new four-month high, hitting price points that have not been reached since the market had peaked in May. It is no doubt […]
Andrew Yang has announced his departure from the Democrat Party. He is now creating an entirely new political party known as the “Forward Party” and it’s going to be a major push for bitcoin and cryptocurrencies. Andrew Yang: Once Again Putting Bitcoin at the Helm Yang has often sought to […]
Elliptic, a cryptocurrency analytics company, announced on Monday it raised $60 million in a Series C round from SoftBank and Wells Fargo Strategic Capital, Wells Fargo’s venture capital arm, among other investors. According to Reuters, the maneuver happens amid a context where the demand for blockchain analytical services is high. […]
The London Stock Exchange Group (LSE) announced on Monday that it invested in Finbourne, a cloud-based investment data management platform. According to the press release, the exchange operator seeks to use Finbourne’s Lusid for building a virtual real-time data repository. That said, LSEG would consolidate multi-asset class data across its […]
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