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Ethereum-Centric Project Once Worth $400 Million “Dies” as Team Jump Ship
Although Bitcoin, Ethereum, and other top cryptocurrencies have surged over the past two months, not all blockchain projects are faring well. One altcoin, once one of the most popular on Crypto Twitter, was just branded “dead” by a top developer in the space. дальше »
2020-5-9 10:00 | |
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3 Straight Record Days Drive CME Bitcoin Futures Open Interest to All-Time High
Open interest for CME bitcoin futures made a new all-time high of just under $500 million on Friday. CME’s bitcoin futures market are growing faster than nearly every other bitcoin futures market on a percentage and real growth basis. дальше »
2020-5-9 22:51 | |
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Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into Banking
Crypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47. 38 million). Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according to local media reports. дальше »
2020-5-9 22:15 | |
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US Policy Responses to Labor Market Distress
A look at support and regenerative policy initiatives by the Federal Reserve and the Government as more than 20 million jobs were lost in April 2020. дальше »
2020-5-10 18:15 | |
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Deribit Leads the Pack as Bitcoin Options Hit $1 Billion
The Bitcoin options market has seen 10x growth since the beginning of 2019, as open interest swelled from $107 million to $1.07 billion. Deribit, a Panama-based exchange, has captured a... The post Deribit Leads the Pack as Bitcoin Options Hit $1 Billion appeared first on Crypto Briefing. дальше »
2020-5-9 16:03 | |
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China-Based BTC Miner and Wallet, Bixin, Opens A $66M Crypto Investment ‘Fund Of Funds’
The announcement released on Friday states, Bixin will set aside 6,600 BTC (~66 million dollars) from its proprietary mining capital into the “fund of funds”. The funds will be invested in global quantitative trading funds with a special focus on arbitrage, BTC futures and general technical and trend analysis within the industry. As Bitcoin heads […] дальше »
2020-5-8 15:52 | |
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After Breaching $10k, The Probability of Bitcoin Hitting $1 Million Has ‘Risen Dramatically’: Raoul Pal
The founder and CEO of Global Macro Investor Raoul Pal asserted that he is super bullish on bitcoin after the virtual asset saw a key technical break as it tapped the $10k level. The move above $10k placed BTC in a “perfect wedge” structure which suggests that a bigger move is currently brewing. Pal, who […] дальше »
2020-5-9 15:34 | |
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Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million
Square’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure is up 71%. дальше »
2020-5-8 06:04 | |
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Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for Expansion
On May 7, the decentralized finance (defi) startup General Protocols revealed the team has raised over $1 million from investors. The creators of General Protocols have introduced innovative projects on the Bitcoin Cash network such as Anyhedge, and have also participated in helping forward the Bitcoin Cash Node (BCHN) project and Flipstarter. дальше »
2020-5-8 00:34 | |
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More Than 33 Million Americans File Jobless Claims in 7 Weeks Even as Pace Slows
The US Department of Labor has just released figures for the number of jobless claims last week. A total of 3. 2 million people applied for out of work benefits over the seven-day period ending May 2. дальше »
2020-5-8 23:15 | |
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Bitcoin Faces Massive Resistance: 1.2 Million Addresses Bought BTC at $9,600
As Bitcoin’s halving approaches, market participants appear to have mixed feelings about where the flagship cryptocurrency is headed next. Some of the most prominent analysts in the industry believe that BTC is poised to correct. дальше »
2020-5-7 18:24 | |
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Square’s Cash App & Grayscale Combined Consume Over 50% of Bitcoin’s Daily Supply
This is a whopping 367% increase over the same quarter last year at $66 million. Revenue from bitcoin now accounts for 57% of Cash App’s total reported revenue, up from 47% in 2019. Bitcoin revenue generated a gross profit of $7 million, benefitting from “an increase in transacting active bitcoin customers and growth in customer […] дальше »
2020-5-7 17:57 | |
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Abra Gets $5M Boost from Stellar Enterprise Fund
Crypto app Abra will benefit from a $5 million financial boost from the Stellar Enterprise Fund, as the San Francisco based platform prepares to move its network onto the Stellar blockchain. Bitcoin remittances platform Abra has received a major boost as it is set to add $5 million to its coffers from the Stellar Development more info… The post Abra Gets $5M Boost from Stellar Enterprise Fund appeared first on Coinjournal. дальше »
2020-5-7 17:29 | |
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Bitcoin Brought in More Revenue for Cash App than Fiat in Q1 2020
Bitcoin brought in more revenue for Square’s Cash App than fiat, the company has revealed via its first-quarter earnings results released Wednesday. In a shareholder letter detailing the company’s financials in the first quarter of 2020, Cash App’s revenues totaled $528 million. дальше »
2020-5-7 17:07 | |
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Abra Cryptocurrency Wallet Gets $5M Investment from Stellar (XLM)
The Stellar Development Foundation (SDF), the non-profit organization focused on supporting the growth and development of the Stellar ecosystem, has invested $5 million in Abra, a global investment app and all-in-one cryptocurrency wallet. дальше »
2020-5-7 17:00 | |
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Square Sees Remarkable Boost In Q1 2020 Bitcoin Revenue
During the first quarter of 2020, Square’s Cash App received $528 million in profits. This is seen from the ‘Q1 2020 Letter to Shareholders’. Twitter CEO and founder of Square, Jack Dorsey says revenue includes both Bitcoin and the fiat payments fees. дальше »
2020-5-7 16:52 | |
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Dow Jones Braces for Worst Jobs Report in U.S. History
The Dow Jones is bracing for the worst monthly jobs report in U.S. history, which is likely to reveal upwards of 20 million lost jobs. The post Dow Jones Braces for Worst Jobs Report in U.S. History appeared first on CCN.com дальше »
2020-5-7 16:42 | |
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Stellar Development Foundation Injects $5M Into Abra’s Crypto Wallet and Exchange App
The Stellar Development Foundation (SDF) has announced a $5 million investment towards Silicon Valley-based crypto wallet provider, Abra. This non-profit organization's focus is the Stellar blockchain has been gradually expanding its footprint in the blockchain and crypto space despite stiff competition from industry rivals like Ripple. дальше »
2020-5-7 16:35 | |
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Fortnite Has More Registered Gamers Than the Entire U.S. Population
Developer Epic Games has revealed that its flagship battle royale shooter Fortnite now has 350 million registered players. The post Fortnite Has More Registered Gamers Than the Entire U.S. Population appeared first on CCN.com дальше »
2020-5-7 16:17 | |
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Bitcoin Enjoying 8 Straight Weeks of Upside; Last Seen in 2017 It Then Printed a 30% Pullback
Since moving back above $9,000, Bitcoin is now staying over $9,300 while managing a “real” daily trading volume of about $2. 2 million. According to the trader and crypto investor, Josh Rager bitcoin is currently in a clear range where it could go on for days. дальше »
2020-5-7 16:04 | |
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Bitcoin ATM operator Coinme raises $10 million Series A, led by Pantera Capital
Despite the global lockdown and reduced business activities, the cryptocurrency investment space continues to see larger deals. Today, Seattle-based Bitcoin exchange and ATM operator Coinme announced a $10 million Series A raise lead by Pantera Capital, as per a press release shared with CryptoSlate. дальше »
2020-5-7 16:00 | |
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Tron Foundation Reportedly Tapped US COVID-19 Business Relief Program for $2M
The Tron Foundation is once again mired in controversy over an unverified claim that it secured a $2 million grant from a federal relief program for small firms hit by the pandemic.
дальше »2020-5-7 15:49 | |
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Peloton (PTON) Shares Up 15% in Pre-market, Sales Surge 66%, More People Buy Bikes Now
Coinspeaker Peloton (PTON) Shares Up 15% in Pre-market, Sales Surge 66%, More People Buy Bikes NowPeloton has seen a 66% surge in sales and generated $524. 6 million in total revenue for the fiscal third quarter that ended on March 31. дальше »
2020-5-7 12:02 | |
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Surveying the Carnage: How Real Estate, Travel and Music Are Faring During the Crisis
One hundred million jobs lost and $2.7 trillion in GDP evaporates. NLW looks at the impact of the COVID-19 crisis on key industries. дальше »
2020-5-7 22:00 | |
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Stellar Invests $5 Million into Abra to Build Next-Gen Fintech Platform
The Stellar Development Foundation has announced a $5 million investment in Abra, a financial services company offering cryptocurrency services. Abra will now be incorporated with the Stellar platform, allowing both entities to provide a wider range of services to their respective users. дальше »
2020-5-7 21:59 | |
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Tax Dollars are Funding Justin Sun’s TRON Blockchain
TRON and BitTorrent CEO Justin Sun finds himself at the center of controversy, once again, after his company announced that it received a $2 million coronavirus stimulus loan from the... The post Tax Dollars are Funding Justin Sun’s TRON Blockchain appeared first on Crypto Briefing. дальше »
2020-5-7 21:38 | |
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DigiByte Skyrockets Up 285% In Last 30 Days, ‘No Surprise DGB Outperforming, It’s Undervalued’
The top performer among the top cryptocurrencies, DigiByte (DGB) is enjoying 13. 75% gains today while trading at $0. 0247. This level was last seen in September 2018. This jump in the altcoin’s price has it gaining entry into the top 30 cryptos by a market cap of $317 million. дальше »
2020-5-7 20:49 | |
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Coronavirus Destroys 120 Million Jobs as Curve Defies India’s Lockdown
India's lockdown extensions don't seem to be working as coronavirus cases spike and job losses balloon thanks to lack of economic activity. The post Coronavirus Destroys 120 Million Jobs as Curve Defies India’s Lockdown appeared first on CCN.com дальше »
2020-5-6 12:33 | |
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Ethereum 2.0 competitor raises $21 million from a top-tier crypto venture capitalist
NEAR Protocol, which touts itself as an Ethereum 2. 0 competitor, has raised over $21 million from Andressen Horrowitz (a16z), just days after the latter announced a $515 million fund for expanding its cryptocurrency investments division. дальше »
2020-5-7 10:00 | |
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A Quarter Million Deaths Later, Dutch Team Finds Coronavirus Blocker
As the death toll from coronavirus mounts, researchers in the Netherlands have found an antibody that neutralizes it in cell cultures. The post A Quarter Million Deaths Later, Dutch Team Finds Coronavirus Blocker appeared first on CCN.com дальше »
2020-5-6 01:31 | |
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Robinhood Secures $280M in Series F Funding, Plans to Expand Globally
In brief: Robinhood has secured $280 Million Series F funding after an $8. 3 Billion valuation. The funding will drive a push to expand the platform globally. Robinhood also plans on scaling the platform and offering more products to users. дальше »
2020-5-7 17:30 | |
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Elon Musk Is in Better Spirits After Son’s Birth & $700 Million Payday
Elon Musk welcomes a new-born baby. He's also eligible to receive a tranche of his compensation package worth $700 million. The post Elon Musk Is in Better Spirits After Son’s Birth & $700 Million Payday appeared first on CCN.com дальше »
2020-5-5 17:29 | |
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Robinhood Crypto Secures $280M in Series F Funding
Equities and crypto trading company Robinhood has raised $280 million in its latest financing leg at an $8. 3 billion valuation. Robinhood Markets Inc. , which gained massive popularity in the stocks and crypto trading arena with its zero-commission offering, has completed its Series F funding. дальше »
2020-5-6 16:59 | |
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Digital bank N26 raises $100 million in Series D funding
N26, a digital bank backed by Peter Thiel, has completed its series D funding by raising $100 to bring total funds raised in the round to $570 million. Digital bank, N26 has added $100 million to its Series D funding that was announced in 2019. дальше »
2020-5-6 14:18 | |
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Iran Licenses $7.3 Million Bitcoin Mining Enterprise, Move Aimed at Easing U.S. Sanctions
Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total. According to media reports, the miner has spent $7. дальше »
2020-5-5 03:15 | |
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