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“# Unmarshal raises $2.6M to build user-friendly blockchain data indexing protocol ” Unmarshal, a new project building a blockchain data indexing solution, has announced on Friday a $2.6 million seed funding round from a number of crypto industry investors. Venture funds that participated in Unmarshal’s round include Woodstock, Black Edge Capital, Genesis Block Ventures or…
“# Supercycle may propel Bitcoin over $1 million, Kraken’s Dan Held says ” According to Dan Held, growth lead at Kraken, Bitcoin is currently experiencing a supercycle that could propel it all the way to $1 million. In Held’s view, this market cycle is fundamentally different from previous ones. “This is one in a hundred…
“# Here’s why Siacoin, Basic Attention Token and Linear (LINA) are soaring ” This week CNBC reported that Morgan Stanley will give its millionaire clients access to Bitcoin (BTC) starting in April and this shows that traditional financial powerhouses are under pressure from their clients who are demanding exposure to cryptocurrencies. This suggests that the…
“# Bitcoin bulls ‘hold back’ as BTC’s monthly futures expiry approaches ” Bitcoin (BTC) briefly reclaimed the $60,000 level on March 18 as concerns over the strength of the equities market mount due to rising U.S. Treasury yields. Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin began increasing in the late-night…
“# Bitcoin can be sent with a tweet as Bottlepay Twitter app goes live ” Twitter users can now send Bitcoin (BTC) with a single tweet, after digital payments app Bottlepay launched its integrated Bitcoin social media feature. Transactions between Twitter users can now apparently take place using the simple tweet template “@bottlepay send 1,000…
“# Bank of America analyst slams Bitcoin : Buying 1 BTC is ‘like owning 60 cars’ ” Bank of America analyst Francisco Blanch has slammed Bitcoin as “exceptionally volatile”, “impractical” and an environmentally disastrous asset that’s useless as a store of wealth or an inflation hedge. For good measure Blanch also asserted the cryptocurrency is…
“# Everipedia (IQ) rallies 400% after an NFT collaboration with the Associated Press ” Non-fungible tokens (NFTs) continue to take the world by storm as evidenced by the March 16 announcement that Sotheby’s would be entering the NFT game by facilitating the sale of tokenized art by the anonymous artist known as “Pak.” The latest cryptocurrency…
“# $60K Bitcoin price back in sight after Morgan Stanley and Fed announcements ” Optimism returned across the cryptocurrency market on March 17 following a brighter economic forecast from the U.S. Federal Reserve and comments which hinted at the possibility of an interest rate hike in 2022 if employment and economic indicators continue to improve. Data…
“# Kyber Network (KNC) gains 40% as its 3.0 network launch approaches ” The explosion of interest in non-fungible tokens over the past two months has taken some of the attention away from the decentralized finance sector but this doesn’t mean that some projects are not seeing bullish breakouts. One project that has continued to…
“# Strong fundamentals push Dego Finance, Orbs and Harmony (ONE) price higher ” Bitcoin (BTC) has continued to challenge the status of legacy markets as the market capitalization of the digital asset surpassed the combined market cap of Visa and Mastercard ($871 billion). Bitcoin’s $1.15 trillion market capitalization has also overtaken the combined value of JPMorgan…