USDC stablecoin issuer and global finance company Circle has raised $400 million in a new funding round that is expected to close in the second quarter of the year. Participants in the funding round i...
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Ignite (formerly Tendermint) launches $150 million accelerator for Web 3 projects
Applications are open for a new Web 3-focused startup accelerator launched on Tuesday by Ignite, a core development team within the Cosmos ecosystem. Eleven investment partners have teamed up to suppo...
Virgil Griffith Sentenced to 63 Months in Prison
Key Takeaways Ex-Ethereum Foundation researcher Virgil Griffith was sentenced to between 63 and 78 months in prison today. In 2019, Griffith was charged with conspiring to violate the U.S. Internation...
Now Is The Time To Jettison Russian In-Space Propulsion From All Future Satellites
The Biden administration has made an ever-tightening array of economic sanctions one of the pillars of its strategy for defeating Russian aggression in Ukraine. In addition to exacting a price from Mo...
Billionaire David Rubenstein on Crypto: ‘The Genie Is Out of the Bottle’
David Rubenstein—co-founder and co-chairman of private equity firm The Carlyle Group—has said the “genie is out of the bottle” when it comes to cryptocurrencies. “I have not bought cryptocurrencies, ...
Ambev S.A is set to rally. Buy now to lock in value before the price rally
Ambev S.A (BSP:ABEV3) closed the last trading session at $3.24. The 52-week range has been between 2.50 and $3.95. The expected growth rate is at 7.86% after the company weathers the current inflation...
Alpha Finance’s (ALPHA) Daily MACD Generates Bullish Divergence
Alpha Finance (ALPHA) is attempting to find short-term support after being rejected by a descending resistance line on April 2. ALPHA has been falling since reaching an all-time high price of $2.96 on...
Citi upgrades Wells Fargo, cuts view on five other banks as inflation woes mount
Citigroup analyst Keith Horowitz upgraded Wells Fargo to a buy, reiterated a bullish view on M&T Bancorp and cut ratings on five other banks on Monday. While banks looked poised for outperformance...
What is a cryptoscam, and how to avoid falling victim to one
More and more investors are turning to cryptocurrency to turn a profit, which is exciting. Like any type of investment, it comes with a unique set of challenges — and during COVID-19, ASIC reported a ...
Bitrue launches one-of-a-kind DeFi opportunity BMAX
TL;DR Breakdown Bitrue exchange launches unique DeFi opportunity, BMAX. DeFi platform brings staking, yield farming, and quantitative trading in one solution. Bitrue a tier 1 crypto exchange launched ...
Bitcoin (BTC) Price Might Drop To $26K If This Happens
Early today Bitcoin had plunged below $40,000 trading around $39,000. But the flagship currency has gained back its $40,000. Since the Federal Reserve started increasing interest rates in reaction to ...
Gensler Wants SEC and CFTC to Regulate Crypto –
Gary Gensler asked staff to coordinate with the CFTC He wants ways to regulate crypto exchanges that feature both securities and non-securities SEC is tasked with regulating securities which are inve...
Dacxi Chain: Creating global connections between innovators and investors with tokenization
For innovative early stage companies, funding – or the lack thereof – is the single biggest barrier to success. The big ideas, high-potential products, and visionary entrepreneurs are all there ready ...
$34,000,000,000 Asset Manager Investcorp Launches Global Blockchain Fund
A leading global alternative investment firm is establishing a blockchain fund with a global investment mandate. According to a new press release, Investcorp is launching eLydian Lion, a global instit...
Uniswap Launches a Venture Arm to Accelerate Web3 Development
Uniswap Labs – the organization behind the popular DeFi exchange – announced the launch of Uniswap Labs Ventures. As such, it intends to “bring millions of people into the emerging Web3 economy” and i...
XRP takes Hinman hike as court says speech is not ‘agency guidance’
Crypto traders today may be looking at their bloodstained portfolios with tear-filled eyes, but the mood over in the XRP community couldn’t be any more different. In fact, plenty of XRP-holders are pa...
Dell Technologies is a great value investment candidate. The price target is $60
Dell Technologies Inc. (NYSE:DELL) is a stock to watch in the computer hardware industry. Last week, it emerged that Dell’s peer in the industry, HP Inc., was added to Berkshire Hathaway’s portfolio. ...
Dark Tetrad: Study Shows Crypto Investors Have The Worst Personality Traits
A study conducted by a team from Queensland University of Technology consisting of top professors and lecturers, have discovered that crypto investors commonly have a set of four negative personality ...
John Reed Steps Down as Chairman of ActivTrades
Finance Magnates has learned that John Reed resigned as Chairman of ActivTrades and moved to chair another business entity with ties to Alex Pusco, CEO and founder of the company. Take Advantage of th...
Ethereum Developers Successfully Conduct Shadow Fork Ahead of ‘The Merge’ Upgrade
The shadow fork will allow Ethereum developers to test some key features for the Ethereum 2.0 Proof-of-Stake blockchain. This is like stress-testing the new upcoming software. Ethereum developers cont...
Bitcoin 2022 Conference Sends Miami Crypto Space Buzzing With Activity As Digital Assets Become The Ultimate Status Symbol ⋆ ZyCrypto
Advertisement     The Bitcoin Conference has put Miami on the map with an increase in businesses accepting cryptocurrencies. Younger demographics are leading the surge...
The Safe Investment That Will Soon Yield Almost 10%
There’s no such thing as a free lunch in finance. Except maybe this: The interest rate on inflation-adjusted U.S. savings bonds will approach 10% beginning in May. U.S. Treasury Series I Bonds, or I B...
Introducing Zuck Bucks, the New Crypto Venture from Facebook
Following the death of Libra and what appeared to be a long-term crypto dream, Facebook – now known as Meta – is making another stab at crypto innovation with something called Zuck Bucks, the name of ...
UNI prices recover from the $9.0 support level, bullish rally incoming?
TL;DR Breakdown Uniswap price analysis is bullish UNI/USD pair is facing resistance at the $9.5 level Uniswap prices have set firm support at the $9.0 mark Cryptocurrencies prices heatmap, source: Coi...
Ripple is the Leading Remittance Provider in ASEAN
Ripple is the most notable in cross-border payments APAC dominates around 20% of digital banking business Singapore saw a 58% growth in quick payments in 2021 A new report, Monetary Technology and Inc...
Cardano (ADA) Goes 59% Lower than Its All-Time High; Sees Interest Sink – crypto.news
Since reaching its all-time high of $3.10, Cardano is down 59%, according to Santiment data. ADA is trading at $0.9507, a 6.14% fall over the last 24 hours. Currently, more than 67 percent of ADA hold...
Ethereum largely passes first major test for proof of stake
Yesterday, Ethereum developers carried out the first major test of the blockchain’s upcoming move to proof of stake. Up until now developers had largely been testing out the big change on testnets, wh...
Bitcoin And Ethereum To See Carnage
Former BitMEX CEO Arthur Hayes posted another prediction for Bitcoin and Ethereum. At the same time, the top cryptocurrencies by market cap continue moving in a tight range with today’s U.S. Consumer ...