Author: admin
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Pantera Raises Additional $5M for Its Bitcoin Fund, Bringing Total to $134M
Formed in 2013, Pantera’s bitcoin fund was the first U.S.-based bitcoin fund.
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Analysts: Institutional Investor Interest Fueling BTC Rally, Liquidity Crunch Narrative Debunked
Crypto analysts are pushing back against the narrative that the current BTC rally is being fuelled by a liquidity crunch afflicting bitcoin mining pools in China. The liquidity crunch, which is caused by an ongoing regulatory crackdown in that country, has reportedly left miners unable to sell their BTC holdings. Miners Are Selling The analysts…
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This new Ethereum DeFi token that suffered a bug rallied 375% today anyway
The coins of the latest generation of decentralized finance (DeFi) products built on Ethereum continue to pump amid a return to a bull market. Even a coin of a protocol that was exploited by an unknown attacker is rallying hundreds of percent as investors seek to allocate capital to new investments. The protocol is 88mph…
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Parabolic rally ‘a real possibility’ after Ethereum price surges to $547
Traders expect Ethereum price to move higher after the altcoin secured a new 2020 high at $547 today.
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$pickle in a pickle as attacker swipes $20 million in “evil jar” exploit
The perils of decentralized finance in the spotlight yet again after the latest major DeFi exploit
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Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets
Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s Cash App, the two companies are buying more than 100% of…
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Crypto hedge fund Pantera Capital files for massive $134 million raise
The monster raise might be an indication that Pantera’s ambitions are inflating in lock-step with Bitcoin’s rising price.
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China’s Xi Asks G20 Countries to Be ‘Open and Accommodating’ to CBDCs
In a wide-ranging speech, Xi said that the G20 group “needs to discuss developing standards and principles for central bank digital currencies.”
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2017-era altcoins IOTA, XRP and more surge 25% amid crypto bull run
Uncharacteristically, decentralized finance (DeFi) coins such as Yearn.finance’s YFI and AAVE have been on the sidelines over the past 24 hours as Ethereum surges higher along with a swath of other altcoins. CryptoSlate market data shows that the top-performing cryptocurrencies in the top 100 by market capitalizations are all 2017-era coins that rallied hard in…
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Market Update: Crypto Asset Prices Spike Massively, Speculators Claim ‘Altcoin Season’ Is Here
A number of crypto-asset markets saw significant gains on Saturday, as a myriad of digital assets spiked between 4-40% in value during the last 24 hours. The entire crypto market capitalization had risen above $540 billion, as top-ten coin values from the likes of bitcoin cash, cardano and XRP jumped massively in value. On Saturday,…