• The Bitcoin price experienced a drastic downward movement, causing it to drop to around $22,000 in a very short time. • Over $62 million in long BTC positions were liquidated in a matter of hours. This was the third liquidation cascade within the last 12 months. • Analysts see both positives and negatives that …
Judge Allows Binance.US to Acquire Voyager for $1 Billion
• Judge Michael E. Wiles denied the Department of Justice’s request to stop Binance.US from completing its $1 billion deal for Voyager, citing the potential impact this would have on Voyager customers. • Binance.US, the US-regulated subsidiary of world’s largest cryptocurrency exchange by trading volume Binance, should go ahead and complete its purchase of Voyager …
Invest in NFTs & Crypto Easily with nealthy’s Pre-Seeded $1.3M Fund
• Web3 startup nealthy has raised $1.3M in a pre-seed funding round backed by top industry investors. • The company provides users access to diversified investment opportunities such as NFTs and cryptocurrency investing. • nealthy plans to use the funds to grow its team, hire talent, and increase adoption of its services. Web3 Startup Raises …
DeFi Users Soar 31% Despite Crypto Winter: 5.5M by Q4 2022
• DeFi’s user numbers have risen 31% quarter on quarter in 2022, with 5.5 million users expected by the end of Q4, 2022. • Although market prices have declined and the TVL is below $40 billion, projects are using this crypto winter to build and improve their products. • The growth of DeFi is creating …
