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“# European crypto company Bitpanda raises $170M ” Austria-based cryptocurrency firm Bitpanda has closed a $170 million funding round to further the firm’s international growth. The latest Series B funding round was led by Valar Ventures, a venture capital firm backed by PayPal co-founder Peter Thiel, Bitpanda announced on Tuesday, and featured partners from Yuri…
“# Survey says Americans could spend up to $40B from stimulus on Bitcoin ” Many Americans are expected to receive $1,400 checks following U.S. President Joe Biden signing a $1.9 trillion stimulus package into law last week. New polling suggests that much of these funds could end up in the crypto market. A survey released…
“#GameStop stock slides after massive weekly gain” GameStop shares see-sawed in volatile trading on Monday following the beloved meme stock’s multi-session rally last week that had racked up massive gains. Shares in the struggling video-game retailer had surged in early trading, rising about 7 percent after the opening bell, but then reversed the gain to…
“# Not just for gamers and fanboys: Why investors should take NFTs seriously ” If you’ve been following the crypto industry, you might have noticed just an ever-so-slight buzz around nonfungible tokens, that is unless you’ve been locked down in an NFT-proof bunker for the last year. Originally developed to be used in collectible trading-card…
“# Investor ‘stumbles’ into 30,000% gain after buying Beeple NFT for $969 ” Edward Fairchild, one of the founders of LA-based cannabis company THC Design, revealed that he “stumbled” into buying an NFT from acclaimed digital artist “Beeple” that has since increased in value by 30,000% since he purchased it in December. Recounting the story…
“#Lordstown Motors stock sinks after Hindenburg Research report” Lordstown Motors shares plummeted Friday after a fiery short-seller accused the electric-vehicle startup of touting bogus pre-orders for its forthcoming pickup truck. The General Motors-backed company is the latest target of Hindenburg Research, which rose to prominence last September after publishing a damning report on Nikola, another…
“# Alameda Research invests $20M in Reef Finance ” After investing in travel app Maps.me and decentralized finance protocol Oxygen, Alameda Research will be putting $20 million into Reef Finance, the Polkadot-based DeFi platform. According to Reef Finance, Alameda Research will be purchasing $20 million worth of the firm’s native tokens, REEF — roughly 528…
“# Collector turns down $1M for NBA Top Shot moment originally bought for $100K ” A collector of prized NFTs from Dapper Labs’ NBA Top Shot has turned down a $1 million offer for a single token depicting New Orleans Pelicans’ pro basketball star Zion Williamson. The collector “jerlevine” bought the #1 Jersey Match S1…
“# Bitfinex users can now paper trade their custom algo strategies ” Crypto exchange Bitfinex has introduced a new feature for its algorithmic trading toolkit, allowing users to test their trading strategies without putting actual funds at risk. Bitfinex users can now deploy Honey Framework in their paper-trading sub-accounts. A paper trade is a simulated…
“# From $318K to $0: Bitcoin price predictions for 2021 ” What highs (or lows) could Bitcoin reach by the end of the year? Watch Cointelegraph’s latest video to find out! The moderates The Stock-to-Flow (S2F) model created by PlanB is one of the most well-known price prediction apparatuses in the Bitcoin space. It forecasts…