Decentraland closes 2022 on a sour note despite 440% growth in volume

Decentraland saw a YoY growth in its NFT mints and purchases. The value of its three NFT projects, however, plummeted As detailed in its end-of-the-year performance report, leading metaverse-based pla...

Cathie Wood closes out abysmal 2022 by buying even more Coinbase shares

Cathie Wood has had a rough year, but in keeping with her reputation as a ‘true believer’, she’s seizing the opportunity to buy more shares in one of her most controversial picks as it tumbles to fres...

BNB Chain closes 2022 as the 2nd most preferred blockchain for DeFi projects

BNB Chain has the second largest TVL after Ethereum. 12% of the tokens on BNB Chain are scam tokens. A hardfork upgrade is expected in 2023, which will integrate the staking economy onto Beacon Chain....

Crypto Winter Gets Colder as Kraken Closes Japanese Operations

The crypto winter just got a bit colder. Cryptocurrency exchange Kraken said it had decided to cease its operations in Japan and deregister from the country’s regulatory agency as of Jan. 31.  T...

BTC/USD Could Avoid another Downtrend If Closes Above $17k

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC sees a 0.63% decline after trading near the $17,000 resistance level, the first digit...

The FTX Contagion Goes on: Midas Investments Closes Down

The cryptocurrency platform Midas Investments disabled deposits and swaps due to severe financial losses caused by Celsius’ bankruptcy and FTX’s fiasco. CEO Iakov Levin said the organization will aim ...

Polygon (MATIC) Squashes New Milestone in User Activity as 2022 Closes

Layer 2 scaling solution Polygon squashed a new milestone in user activity as 2022 wrapped up. Despite the bearish market conditions recorded in the year, Polygon has surpassed the 200 million mark in...

Stock Market Closes Higher On Bevy Of Economic Data But No Santa Claus Rally Yet; Oil Stocks Gain

The stock market closed slightly higher Friday after a slew of mixed economic data gave little indication that Santa Claus will be arriving in the market anytime soon. Oil giants ConocoPhillips (COP),...

Bitcoin closes year with 26th largest market cap globally

Bitcoin (BTC) heads into the Christmas period with the 26th largest market cap at $324.68 billion, just below Mastercard with $328.35 billion. Ethereum (ETH), on the other hand, ranks 77th on the list...

Online car market Bring a Trailer closes out year with $1.35B in sales

1977 Datsun 280Z 4-Speed  Courtesy: Kahn Media Online car market Bring a Trailer said it expects to close out the year with a record $1.35 billion in sales, as a new generation of collectors logged on...

Hundreds of workers leaving Tyson Foods as company closes offices: report

Hundreds of employees at Tyson Foods have decided not to relocate to the company’s headquarters in Arkansas next year as the company consolidates its corporate offices. The workers are reportedl...

Bitfinex closes week leading Bitcoin reserves according to Glassnode

CryptoSlate analysts examined the detailed proof-of-reserves of leading crypto exchanges outside of Coinbase and Binance. It revealed that Bitfinex holds the most significant Bitcoin (BTC) reserves, w...

Tesla stock closes lower than $150 for first time in more than two years as analysts say they can’t ignore Elon Musk’s Twitter ‘nightmare’ anymore

Tesla Inc. shares closed lower than $150 for the first time in more than two years Monday, after analysts said they are concerned that Chief Executive Elon Musk is being distracted from running the $4...

Stock Market Closes Lower As S&P Falls Below Key Level On Recession Concerns

The stock market closed lower for the third day in a row on concerns that 2023 could bring a global recession and that central banks will continue to aggressively raise rates. Striking workers at Star...

Dash 2 Trade Closes In On $10 Million – Don’t Miss Out

Join Our Telegram channel to stay up to date on breaking news coverage Dash 2 Trade, which may potentially be a leading provider of financial trading services accompanied by advanced analytics and tra...

Web3 Licensing protocol Spaceport Closes $3.6M Pre-Seed Round

The fundraise included participation from Arca, Com2uS, Decasonic, Republic, and others LOS ANGELES–(BUSINESS WIRE)–Spaceport, a Web3 licensing protocol that allows seamless monetization of intellectu...

Web3 startup Nillion closes $20m funding round

The non-blockchain web3 startup (Nillion), in collaboration with its over 150 strategic investors, closed its oversubscribed $20 million funding round.  Nillion is a non-blockchain-based project with ...

Oil closes at 2022 low, so why are oil stocks still rising?

Anyone who has filled up the tank of their car this year will be aware of the rollercoaster ride that the price of oil has been on. I published analysis earlier this year about the key role that oil p...

Bitcoin Price Could Avoid Another Downtrend if it Closes Above One Key Level

Bitcoin price extended its decline below the $17,000 level. BTC could avoid a major drop if it closes above the $17,000 resistance zone. Bitcoin remained in a bearish zone and traded below the $17,000...

Web3 Blockchain Gaming Project Oasys Closes Strategic Funding Round With Participation of Galaxy Interactive and Nexon – Blockchain Bitcoin News

Oasys, a Gamefi-oriented Web3 blockchain project, has announced it has closed a strategic funding round led by Galaxy Interactive, a VC firm, and Nexon, a gaming company. The round, whose numbers were...

Russia closes biggest digital asset deal in Chinese Yuan

Russian authorities have approved the country’s first legal digital asset deal using the Chinese Yuan. The transaction, worth about 58m Chinese yuan ($8.3m), became the biggest legal deal of its kind ...

November closes as one of the worst months for ETH or BTC, SBF claims the FTX collapse was a mistake

The biggest news in the crypto-verse for Dec. 1 includes November finishing as the second-worst month for Bitcoin and fourth-worst for Ethereum, SBF shifting blame to Alameda Research for the FTX coll...

Market maker Keyrock closes $72 million in Series B funding round

Digital asset market maker Keyrock has raised $72 million in a Series B round of funding, according to an announcement on Nov. 30. Ripple, SIX Fintech Ventures and Middlegame Ventures are among the in...

Line closes its cryptocurrency exchange to concentrate on the blockchain and the LN coin

Join Our Telegram channel to stay up to date on breaking news coverage In the midst of the continuing crypto cold, the Japanese messaging giant Line has chosen to close its cryptocurrency exchange. Th...

Stock Market Closes Lower After Fed Official Says Inflation Could Last Into 2024

The stock market closed lower Monday after Fed officials gave separate speeches across the country that said inflation could last into 2024 and that financial markets may be underestimating the number...

Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand

Staking technology provider Kiln has closed out a $17.8 million fundraising round featuring the likes of Consensys and Kraken Ventures. The company is eyeing ‘exponential’ growth in demand for ETH sta...

XDAO closes $2.3 million seed round

On November 26th, XDAO announced that it had raised a $2.3 million seed round. XDAO is a Singapore-based firm that develops and manages tools for creating Decentralized Autonomous Organizations (DAOs)...

Ethereum Price Could Avoid a Major Drop if it Closes Above $1,250

Ethereum failed to clear the $1,250 resistance against the US Dollar. ETH is moving lower and might decline heavily if it breaks the $1,140 support. Ethereum struggled to gain pace for a move above th...

Multichain DAO builder XDao closes token round at $50 million valuation

XDao, a startup that helps DAOs expand across different blockchain networks, has raised $2.3 million in a seed round at a $50 million valuation.  Investors in the round include Panony, DWF Labs,...

Cosmos-based Protocol closes $10 million funding round with Ava Labs and Bitfinex – crypto.news

Onomy, a decentralized finance (DeFi) ecosystem built on the Cosmos blockchain, has raised $10 million in a private token funding round. Funding secured via simple agreement for future tokens Accordin...

Stock Market Closes Higher As Strong Retail Earnings Outweigh Slow Home Sales| Investor’s Business Daily

The stock market eked out gains in the last hour of trading to close higher Friday, as strong earnings reports from the retail sector outweighed a drop in home sales and news on the economy. The Dow J...

Twitter closes offices, staff resign while users eye decentralized options

Elon Musk has been shaking the Twitter tree since he took over the micro-blogging platform in late October. His latest move has resulted in an exodus of employees and office closures. Earlier this wee...