Crypto news

With Coinbase’s impending direct listing reportedly coming next month, reports emerge frequently indicating the impact of a crypto company going public for the industry and for the exchange itself. According to the latest estimations, Coinbase CEO Brian Armstrong could become the latest tech decabillionaire with his current stake of roughly 40 million shares.Armstrong to Become Decabillionaire?CryptoPotato has reported Coinbase’s plans to go public in the past, with the latest indicating that...

Cryptocurrency derivatives exchange FTX is set to win a $135 million naming-rights deal for the sports arena belonging to the Miami-based American professional basketball team – Miami Heat.According to a recent report, the deal, which is organized by the Miami-Dade County Commission as it controls the naming-rights to the arena, will be finalized on Friday, March 26th.Combating Gun Violence And Poverty Miami-Dade County will officially approve the agreement on Friday, changing the arena’s...

Tron price rallied towards the $0.0680 zone before correcting lower against the US Dollar. TRX price is now trading above the $0.0575 support and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $0.0580 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh rally if it clears the $0.0620 and $0.0630 resistance levels in the near term. TRON price is trading in a positive zone above $0.0550 against...

Bitcoin price started a fresh decline from well above $58,000 against the US Dollar. The price is now trading below the $55,000 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $56,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue lower below the $53,200 and $53,000 support levels in the near term. Bitcoin price is holding a major support above...

Fire Blocks – a crypto custodial service based in New York City – has garnered roughly $133 million in funding from the likes of both Silicon Valley Bank and BNY Mellon. Fire Blocks Gets $133 Million from BNY Mellon The funds came by way of a Series C venture capital funding round led by Coatue, Ribbit and Stripes. Overall, the company has gotten its fingers on approximately $179 million in new funds over the past several months. Firms to have previously invested in Fire...

Following the recent approval of QR Capital’s Bitcoin exchange-traded fund (ETF), the Brazillian company is looking to raise $90 million to buy the bitcoin needed before trading commences.Working Towards Acquiring BitcoinQR Capital made history after Brazil’s Securities and Exchange Commission (CVM) approved its application for a Bitcoin ETF, becoming the first of such in Latin America. As reported by CryptoPotato, the 100% Bitcoin ETF would trade on the Sao Paulo stock exchange, B3, under...

The Indian people need and should have access to cryptocurrency assets, said the co-founder of Infosys – Nandan Nilekani. The billionaire, who is also an advisor to government agencies and the country’s central bank, recently spoke against the country’s intentions to impose a crypto ban.Crypto is an Asset ClassThe world’s second-most populated country, India, has dabbled with the idea of banning cryptocurrency activities for years. Even after the country’s Supreme Court lifted a decision made...

Bitcoin, the world’s largest and most popular cryptocurrency by market cap, has once again surged into the high $50,000 range. At the time of writing, one unit of BTC is trading for well above $59,000, suggesting that another attempt at $60,000 could be just around the corner. Bitcoin Has Surged Back Into the High $50,000s The asset reached its all-time high of more than $61,000 just a few weeks into the month of March, though this newfound stamina ultimately didn’t last...

Attempting to improve access to DeFi interest-bearing accounts, including for individuals, businesses, professional investors, and corporations, Orbs is introducing Liquidity Nexus to act as a bridge between centralized and decentralized finance. This Liquidity-as-a-Service solution looks to make DeFi applications more available and less risky.Liquidity Nexus will provide an intuitive platform that’s simple to operate as any traditional website. The DeFi ecosystem shows massive potential and...

CEX.IO – a cryptocurrency exchange based in the United Kingdom – was recently voted the third safest and most secure crypto trading platform on the planet. CEX.IO Is a Leading Crypto Exchange in Terms of Safety The ranking comes by way of the Crypto Compare Exchange Benchmark. The enterprise monitored more than 160 separate crypto exchanges around the world to see which ones boasted the strongest security measures available today, and CEX.IO has made the top ten, thereby...