City Arrow Financial News

01.03 / 13:05

cryptocurrency NFT Non-fungible tokens Charity Ukraine Adds More Crypto Options, 'Teases' Airdrop; Platform Selling NFTs for USD 10

In an attempt to further bolster its fundraising campaign, Ukraine is opening up more crypto options for global donors - and has also intrigued the crypto community by mentioning an airdrop. Furthermore, a digital platform has launched a non-fungible token (NFT) collection with the goal of raising USD 430,302,531.

28.02 / 23:35

markets Waves Tether Bitcoin 2 key derivatives metrics signal that Bitcoin traders expect BTC to hold $40K

Whenever Bitcoin (BTC) fails to break through important resistance levels, traders gain confidence and add to their altcoin positions. The logic is that, unless BTC drops significatively, these movements historically provide decent rewards for those shifting their portfolios toward higher risk.

23.02 / 16:43

markets Stablecoin economy Terra avoids Ukraine concerns rallying 18% in three days — Can LUNA price reach $200 next?

Terra (LUNA) has fared better than its top crypto rivals when it comes to withstanding the negative market impacts of the ongoing Ukraine-Russia conflict.

23.02 / 00:03

business Stablecoin Ecosystem Terra Usd Bitcoin Reserve Luna Foundation Guard raises $1B to form UST reserve denominated in Bitcoin

The nonprofit organization focused on the open-source stablecoin network behind Terra USD, Luna Foundation Guard, has closed on a $1 billion raise through the sale of LUNA tokens.

21.02 / 23:49

markets Blockchain defi Liquidity pSTAKE Finance brings liquid staking and a new airdrop to the Cosmos ecosystem

One of the most significant transitions to occur for the cryptocurrency ecosystem since the launch of Bitcoin (BTC) has been the increasing dominance of proof-of-stake (PoS) protocols over the proof-of-work (PoW) model, primarily due to energy requirements of the PoW model and growing concern over its environmental impact.

12.02 / 00:17

Ethereum XRP Cardano Bitcoin Price analysis 2/11: BTC, ETH, BNB, XRP, ADA, SOL, LUNA, AVAX, DOT, DOGE

Bitcoin (BTC) is attempting to bottom out and whales seem to be helping it do that. Coin Metrics data shows that whale addresses holding at least 1,000 Bitcoin have been accumulating in the past few days. The total supply of these addresses rose from 7.95 million Bitcoin on Jan. 24 to 8.096 million on Feb. 10.

10.02 / 11:53

markets Ethereum Investments Bitcoin BlackRock expected to offer crypto trading as Three Arrows exec says long Bitcoin, ETH in 2022

Bitcoin (BTC) and Ether (ETH) are sure long bets for 2022, prominent investor and commenter Zhu Su says.

27.01 / 15:32

business Funding Venture Capital Financial Services Crypto infrastructure firm Fireblocks valued at $8B following $550M raise

Digital asset custody platform Fireblocks has raised $550 million in Series E funding to become one of the blockchain industry’s most valuable companies, underscoring heightened institutional appetite for cryptocurrency products despite extreme price volatility.

25.01 / 23:09

markets Federal Reserve Bitcoin Bitcoin derivatives Is the bottom in? Data shows Bitcoin derivatives entering the ‘capitulation’ zone

Analysts love to issue price predictions and it seems that 9 out of 10 times they are wrong. For example, how many times did analysts say "we will never see Bitcoin back at X price again," only to see it plunge well below that level a few months later?

21.01 / 10:08

Blockchain Art virtual reality augmented reality NFT firm Dropp GG set to launch ‘geo-minting’ and ‘mixed reality events’

Solana-based augmented reality and NFT platform Dropp GG is developing geographical-based NFT minting and “mixed reality events” tied to the Metaverse.

20.01 / 17:04

Blockchain Technology Adoption defi Stader Labs announce $12.5 million strategic raise, receives praise from Terra founder Do Kwon

On Thursday, Stader Labs, a crypto firm building decentralized finance, or DeFi, products for proof-of-stake blockchain networks, announced that it raised $12.5 million in a private sale. The funding round was led by Three Arrows Capital with additional participation from Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment, and anger investors. This puts Staber Labs at a valuation of $450 million.

14.01 / 23:35

markets Ethereum Developers Funding Time 3 reasons why Near Protocol (NEAR) just hit a new all-time high

The layer one (L1) battle is starting to heat up again and multiple protocols have seen their token values rise in recent weeks as traders venture out to see what life is like outside of the Ethereum (ETH) network.

14.01 / 13:23

Blockchain defi Funding Proof-of-stake NEAR Protocol raises $150M to promote Web3 adoption

Proof-of-stake blockchain NEAR Protocol has raised $150 million in seed investments to accelerate the adoption of Web3 technologies. The team announced that the fund would be used to develop regional hubs and raise awareness for blockchain and decentralized tech.

21.12 / 09:53

business Binance Investments Funding Cross-Chain Multichain Binance VC arm leads $60M round in cross-chain protocol Multichain

Binance Labs, the venture capital and incubation arm of Binance cryptocurrency exchange, has led a financing round for the cross-chain protocol Multichain, previously known as Anyswap.

16.12 / 19:05

Blockchain defi Investments Loans financing Nexo partners with Three Arrows Capital to launch NFT lending & art financing service

Nexo, the crypto borrowing and exchange platform, has launched an NFT Lending Desk in partnership with NFT hedge fund Three Arrows Capital. The new lending desk caters to over-the-counter, or OTC, clients to offer crypto credit backed by NFTs. Nexo is one of the first crypto lenders to allow customers to borrow stablecoins, ETH, and other cryptocurrencies using certain NFTs as collateral.

15.12 / 00:38

Ethereum ETH Binance Arrow Three Arrows Capital buys Ethereum worth $56M, despite CEO’s ‘love and abandonment’

Like many cryptocurrencies, Ethereum has been growing in value since last year. But not without a considerable amount of volatility, price corrections, and speculations. At press time, the token was trading around the $3,820 mark, with a 4.5% setback.

08.12 / 06:57

Ethereum ETH Twitter Arrow Three Arrows buys 156K ETH in the weeks after CEO 'abandoned ETH'

Crypto hedge fund Three Arrows Capital (3AC) has bought more than half a billion dollars worth of Ether in the time since CEO Zhu Su publicly slammed the cryptocurrency on Twitter. Do the purchases mean he's changed his mind, or was he just taking advantage of a market crash to buy the dip?

22.11 / 16:55

Ethereum MARKET fees avalanche debate exits Ethereum Fee Debate Heats Up as Avalanche Enters and Exits Top 10

As AVAX, the native token of smart contract platform Avalanche, continued to soar in price over the weekend, a debate on the persistently high fees on the Ethereum (ETH) network is (re)heating up in the cryptoverse.

22.11 / 10:47

Ethereum Twitter Ether price fees Three Arrows Capital CEO backtracks on Ethereum abandonment comments

CEO and founder of hedge fund Three Arrows Capital (3AC) Zhu Su tweeted that he has “abandoned Ethereum despite supporting it in the past,” before making a U-turn on the statement.

18.11 / 03:25

Blockchain cryptocurrency defi WOO Gate.io Announces USD 5 Million Venture Investment In Woo Networks

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

09.11 / 14:03

business Funding Venture Capital Three Arrows Capital, Jump Capital back $40M Neon Labs token sale

DeFi development firm Neon Labs has concluded a $40 million private token sale as part of its ongoing efforts to create an Ethereum-compatible environment on Solana, underscoring heightened investor demand for scalability and liquidity solutions in the rapidly growing decentralized finance market.

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