NFT-Focused Line Next Secures $140 Million Investment in Funding Round Led by Peter Thiel-Sponsored Firm
Line Next, a subsidiary of Line Corporation, said on Dec. 13 that it has secured a $140 million investment in a funding round led by the Peter Thiel-sponsored Crescendo Equity Partners. Line Next has said it will use the capital raised to fund the…
Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs
The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.
Banking On Ethereum: JPMorgan Says Ether Will Rise Above Bitcoin In 2024
JPMorgan analysts, while maintaining an overall cautious stance on the cryptocurrency market, foresee Ethereum (ETH) surpassing Bitcoin (BTC) and other digital currencies in market price performance by 2024. This bullish outlook for Ethereum…
Total Value of Cardano DeFi Ecosystem Nears $450M Amid Layer 1 Push; ADA Rockets 17%
The total value locked (TVL) of all Cardano-based tokens jumped to over $440 million late earlier this week, crossing a previous peak of $330 million set in April.
Uptick in Token Generation Events Signals Market Shift
The behavior of the cryptocurrency market has changed, with a newfound interest in Token Generation Events (TGEs) and rapid listings, pointing to a potentially revitalized crypto market and an influx of new projects. Crypto Market Shifts Gears With…
Bitcoin's Bull Run Has Plenty of Steam Left, These Indicators Suggest
Key indicators tracking Bitcoin's blockchain activity, miner flows and the 200-day moving average suggest bitcoin is far from being overvalued and could continue to rally in 2024.
Powell’s Fed Policy Criticized: Experts Claim ‘Phony Economy’ and ‘Credibility Destruction’ Post Rate Decision
The Federal Reserve’s most recent session of the Federal Open Market Committee (FOMC) wrapped up, leaving interest rates as they were. The market, expecting rate reductions in 2024 and influenced by Fed Chair Jerome Powell’s dovish…
On Monday, a New Hampshire state representative asked a mostly-filled room at an industry campaign event to raise their hands if they were visiting from another state. More than half the people in the room raised their hands. These visitors had…
Prices reversed nearly all losses from last week following the announcement. BONK traded at $0.000014 on Thursday morning, with a trading volume of over $235 million.
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