Per a report from CNBC, banking giant Goldman Sachs has become the first U.S. bank to complete a cash-settled Bitcoin over-the-counter (OTC) transaction. The financial institution will officially anno...
Tag: Hits
Ramp Secures $750 Million in Funding, Hits $8.1 Billion Valuation
Financial technology firm, Ramp became the latest fintech to hit the valuation of $8 billion after the company secured $750 million in funding. The raise includes $200 million in equity and $550 milli...
LTC/USD Market Hits Resistance at the Bearish Trend Line
Litecoin Market Hits Resistance at the Bearish Trend Line – March 20The trade operations between Litecoin and the US economy have concurrently featured in the descending triangular formation formed as...
Bitcoin Balance On Exchanges Hits New Low Of 2.5 Million
Accelerated outflows of Bitcoin from exchanges have been a recurring theme in market analysis of late. According to Glassnode, this week has continued to point to bullish exchange outflows of Bitcoin,...
Ethereum Outflows From Exchanges Hits 2022 Peak as ETH Price Surges
More than $500 million worth of Ethereum was withdrawn from cryptocurrency exchanges earlier this week, as traders look to hold on to their crypto in anticipation of bullish price action. This is acco...
Foodtech dealmaking hits record $13.1 billion: Report
There’s been a wave of investment in food tech. According to a new Deloitte report, the value of deals in the space saw its largest year-over-year increase to date, surging from $6 billion in 20...
Ethereum 2.0 Deposit Contract Hits 10.4 Million ETH
Since its launch, the crypto community has provided massive support to Ethereum’s network upgrade (ETH 2.0). Recently, the staking contract of the much-awaited upgrade crossed 10.4 million ETH. Q4 202...
Taiwan’s largest crypto exchange hits $400 million valuation as it eyes IPO
advertisement Taiwan’s largest cryptocurrency exchange, MaiCoin, is reportedly raising a Series C funding round that would value it at $400 million. A report by Bloomberg on Friday indicated tha...
Ethereum Startup Optimism Hits $1.6 Billion Valuation After Raising $150M
Ethereum scaling solution Optimism today announced it raised $150 million in a Series B funding round. In a Thursday blog post, the startup said the added cash now means the company has a valuation of...
Another Wave In The Supply Chain Crisis Hits As New China Lock Downs And Ukraine Threaten Global Supply
“The entire supply chain is under tremendous stress right now. We’re dealing with a cascade of … [+] disruptions which is adding stress beyond what it’s already under,” says Abe Eshkenazi, Assoc...
ConsenSys Hits $7 Billion Valuation in New Funding Round
ConsenSys, an Ethereum application and infrastructure builder based in New York, announced on Tuesday that it raised $450 million in its Series D funding round. The financing seed gives the blockchain...
ConsenSys Hits $7B Valuation in Series D Raise
Key Takeaways ConsenSys has brought in $450 million in its latest Series D raise. The company states it will use the new funding to support the rapid expansion of its MetaMask wallet. The MetaMask wal...
Ripple Hits New Low At $0.72, Can Not Overcome High at $0.80
Mar 15, 2022 at 11:22 // Price The price of Ripple (XRP) continues to move in the bullish trend zone despite the recent decline. On March 11, XRP rose back above the $0.72 support as the altcoin...
Three Of China’s Richest Lose More Than $16 Billion In One Day As Stock Rout Hits Hong Kong-Listed Companies
Tencent cofounder Pony Ma Huateng (Photo by Visual China Group via Getty Images/Visual China Group … [+] via Getty Images) Visual China Group via Getty Images The heavy selloff in Hong Kong stoc...
Akon’s Crypto Hits $5M Volume at Kenyan Pilot Facility, as Ex-Associate Criticizes Akon City as ‘Ponzi Scheme’
Akoin, the cryptocurrency founded by music superstar and philanthropist Akon, has reached $5 million in total transaction volume (TVL) since it began as a pilot for payments at a high-tech smart city ...
Ripple Hits Another Milestone With $250M NFT Fund! Will This Take XRP Price To $1?
Despite the fact that the entire crypto market is in decline, Ripple’s price rose 6% overnight after the payment giant got over 4000 applications for its $250 million NFT creator fund. The price of Ri...
Dow Jones, Nasdaq Fall As Inflation Hits New 40-Year High; Oil Reversed Lower But These Stocks Trade In Buy Zones
The Dow Jones Industrial Average and Nasdaq composite both traded lower Thursday as inflation hit a 40-year high, according to U.S. data on consumer prices from the Labor Department. Meanwhile, crude ...
Stock Market Sinks After Inflation Hits 40-Year High
The U.S. stock market resumed its meltdown Thursday after the consumer price index showed the highest inflation since 1982. The main stock indexes today gapped down at the open, a day after posting st...
Terra Set to Become the Largest Blockchain By Staked Value, Ethereum 2.0 Hits A Milestone
One cryptocurrency which has been largely resilient to the recent cryptocurrency market correction is Terra’s LUNA. It has succeeded in holding its guard with the LUNA price inching closer to $100. As...
Ethereum’s ‘consensus layer’ contract hits 10M ETH staked
Quantitative analysis conducted on popular blockchain site Etherscan indicates that 184,441 transactions have been responsible for 10.2 million Ether (ETH) staked into the Eth2 (consensus layer) depos...
There’s ‘nowhere to hide’ for consumers as inflation hits food, gas, housing
David Sacks | Getty Images Consumer prices are rising at their fastest pace in decades — and that inflation has been most acute in household staple items like food, housing and transportation, making ...
Gold-backed cryptos are shining in 2022, market cap hits $1B for the first time
The market capitalization of gold-backed crypto tokens increased by 60% in 2022 to surpass $1 billion for the first time in history, according to Arcane Research in its latest weekly report. Gold shi...
U.S. inflation hits a new 40-year high: time to call the peak?
Nasdaq Composite is down 2.0% this morning after the Bureau of Labour Statistics said inflation was up 7.9% YoY in February – the hottest reading since early 1982. U.S. inflation was in line wit...
The Only Guide you need for NFT and Crypto Marketing hits Amazon
Crypto marketing agency Lunar Strategy has published its signature crypto marketing guide on Amazon and soon, on all good bookstores. “We’re delighted to announce The Only Guide you need for NFT and ...
Terra Luna Price Hits New All-time High of $104, Why Is the Price Rising? » NullTX
Terra Luna has been performing exceptionally well today, rising from a low of $84 and peaking at $104. Is this the beginning of a bull market for Terra? Let’s look at what Terra Luna is precisely and ...
LUNA Hits New High, as Biden Signs Crypto Executive Order – Market Updates Bitcoin News
LUNA hit a new all-time high, as markets reacted to news that U.S. president Joe Biden had signed an executive order on cryptocurrencies. Biden wants his government to examine the “risks and benefits”...
Stitch Fix stock hits all-time low as future growth in doubt
The Stitch Fix logo on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7. Tiffany Hagler-Geard | Bloombe...
Bitcoin’s Correlation With Stocks Hits 2-Month Low: Will It Decouple?
Bitcoin’s latest rally saw it diverge further from the equity market. While stock markets slumped further on news that the United States will ban Russian oil, the world’s largest cryptocurrency rallie...