CEO of Tesla Elon Musk recently pointed to a negative trend in the crypto market. He said that the crypto market may face even more economic troubles in the coming months. In a recent tweet, Elon Seem...
Tag: raising
Blockchain Firm InfStones Nears Unicorn Status After Raising $66 Million
Blockchain infrastructure provider InfStones announced on Wednesday it has raised $66 million in a just-concluded funding round led by SoftBank Vision Fund 2 and GGV Capital. Other investors in the mo...
Bears Control Brings Bitcoin (BTC) Break Key Support levels Raising Concerns
10 hours ago | 2 mins read Bitcoin News Bitcoin’s decline, according to JPMorgan, seems to be a sign of surrender. Support at $28,630 was a crucial support level and was broken again by the bears. Bit...
Hong Kong-Based Crypto Startup Babel Finance Hits $2B Valuation After Raising $80 Million
Hong Kong-based crypto financial services provider Babel Finance has raised $80 million in a Series B funding round at a $2 billion valuation. Babel Hits $2B Valuation The round was led by global inve...
Analysts say the Fed has no choice but to continue raising rates
As economic conditions continue to worsen, financial experts worldwide are increasingly placing the blame at the feet of the United States Federal Reserve after the central bank was slow to respond to...
Protego Trust Bank targets $2 billion valuation after quietly raising $70 million
Protego Trust Bank, a chartered crypto bank advised by Brian Brooks, raised $70 million from a host of crypto heavyweights last year and is now in the early stages of another funding round that would ...
Bank of America is raising its hourly minimum wage to $22 — here’s how many people don’t even come close to pay like that
Bank of America workers are getting a pay bump at the end June when minimum wages climb to $22 as a part of the major bank’s longstanding plan to get its starting rate to $25 by 2025. It’s good news f...
273 Million LUNA Tokens Burnt in the Last 24 Hours Raising the Price By More than 75%, But How Long?
The Terra-UST crisis appears to have taken a sharp twist as the founder shared a burn address which witnessed a huge influx of LUNA tokens. Despite the multiple reminders given by the founder himself,...
US Set to Block Russian Debt Payments, Raising Odds of Default
(Bloomberg) — The Biden administration is poised to fully block Russia’s ability to pay US bondholders after a deadline expires next week, a move that could bring Moscow closer to the brink of d...
Dow Jumps 400 Points After Powell Says Fed ‘Won’t Hesitate’ To Keep Raising Rates To Combat Inflation
Topline The stock market moved higher on Tuesday in an attempt to bounce back after six consecutive weeks of heavy losses, as investors digested the latest comments from Federal Reserve Chair Jerome P...
Blockchain Investment Firm Fortis Digital Raising $100M Fund
The firm was founded by the managing partners of Fortis Financial Group, a Seattle-based registered investment adviser with about $250 million in assets under management. The Fortis Digital team inclu...
Powell says the Fed will not hesitate to keep raising rates until inflation comes down
Federal Reserve Chairman Jerome Powell emphasized his resolve to get inflation down, saying Tuesday he will back interest rate increases until prices start falling back toward a healthy level. “...
Verizon Joins AT&T in Raising Wireless Prices as Inflation Bites
(Bloomberg) — Verizon Communications Inc. will raise prices on its wireless bills for the first time in two years as the largest US wireless carrier grapples with higher costs. Most Read from Bl...
BAYC NFT #6462 Ape Sold For Just 200 USDC, Raising Speculations
5 seconds ago | 2 mins read Editors News The police helmet, pizza, and bone necklace adorn the #6462 Ape. The NFT was sold for more than $7,000 a year ago. At a price of around 200 USDC, the BAYC NFT,...
Digital Payments Firm Opn Becomes Japan’s Newest Unicorn After Raising $120 Million
Jun Hasegawa speaks onstage during TechCrunch Disrupt SF 2017 at Pier 48 on September 18, 2017 in … [+] San Francisco, California. Steve Jennings/Getty Images for TechCrunch Japan’s Opn said on ...
Irene Zhao’s influencer platform SO-COL is raising funds at a $100 million valuation
A startup co-founded by crypto influencer Irene Zhao is raising fresh financing in a private round led by Blockchain Capital. The round values Zhao’s SO-COL — which aims to ‘supercharge’ influencers’ ...
Irene Zhao’s Startup So-Col Is Raising Funds at $100M Valuation
Irene Zhao’s SO-COL is making it easy for anyone who wants to be involved with the platform to have an easy landing as it is taking payments in both fiat currency and cryptocurrencies. Irene Zhao’s SO...
Bitcoin (BTC) Price Plummets, Raising Fear of Further Bear Dominance
2 hours ago | 2 mins read Bitcoin News There is “Extreme Fear” on the Crypto Fear and Greed Index. BTC might fall to levels not seen since late 2020. With Bitcoin falling to a low of $33,393.61, thing...
Colorado lawmakers advance bill to study use of security tokens for raising state capital
Legislation filed earlier this year in Colorado would, if passed, approve a study into the potential use of security tokens to raise state capital. Colorado Senate Bill 25 was first introduced in Febr...
Amber Group is raising again after securing $200 million in February
Crypto trading platform Amber Group is seeking fresh funding just a few months after topping up its coffers with $200 million. Two people with direct knowledge of the situation told The Block that the...
Crypto Market Tumbles, With FED Raising Interest Rates! Is it The Start of a Market Crash?
As the market crash has just begun, the biggest question arises, will these actions by the FED have any real-time impact on inflation? Well, the history says, if we look back to years when inflation w...
Judge In Ripple Case Modifies Calendar, Raising Prospects of Suit Concluding Before Year-End ⋆ ZyCrypto
Advertisement     Judge Analisa Torres has modified a proposed calendar on the SEC v. Ripple case in a bid to end proceedings before the end of this year. As per the T...
Ethereum Protocol Tapped by Coinbase for New NFT Platform Surges After Raising $70,000,000 From Crypto Investors
An Ethereum-based decentralized exchange (DEX) protocol is closing a Series B funding round with $70,000,000 in capital from investors. In blog post, 0x Labs announced the new funding from a slew of v...
Apeiron Is Raising 26.2M To Shake Up The NFT Gaming Landscape
Game developers Foonie Magus have raised over 17M USD at the close of their seed round for the new play-and-earn NFT game Apeiron. The company disclosed that 3M came from preseed, 10M from seed, and a...
China Begins Mass Testing Beijing’s Biggest District After Raising Alarm About Undetected Covid Spread
Topline Officials in Beijing will require the people who reside or work in Chaoyang—the city’s main business district—to undergo three Covid-19 tests this week starting on Monday, a move that comes af...
Big Whales Are Accumulating $RACA and Raising Project Volume
BNBChain’s top 100 whales are taking advantage of cryptocurrency price swings and massively accumulating Radio Caca (RACA) cryptocurrency, according to WhaleStats data. According to the site, RACA is...
How much lower can Salesforce sink after raising the bear flag this week?
Salesforce Inc. (NYSE:CRM) has been under bear control since November 2021. A few weeks ago, the company appeared to have found support at $200, but that did not hold. This week, the stock sank furthe...
Buyers Strike As CSRC Recommends Raising Equity Allocations
China Last Night KraneShares Key News Asian equities had a mixed day as Japan and India rebounded while Hong Kong, China, and the Philippines were down/underperformed. Going into today’s session, we k...
Tobias Harris Is Raising The Sixers’ Ceiling By Embracing His New Role
PHILADELPHIA, PENNSYLVANIA – APRIL 18: Tobias Harris #12 of the Philadelphia 76ers shoots between … [+] Thaddeus Young #21 and Pascal Siakam #43 of the Toronto Raptors during the first qua...
Peloton Is Raising Its Subscription Price. What It Means for the Stock.
Text size Peloton XXX Ezra Shaw/Getty Images For years, Peloton Interactive executives characterized the company’s $39 a month subscription price point as “sacred,” “sacrosanct,” and “our golden goose...