2 key indicators cast doubt on the strength of the current crypto market recovery

BTC and altcoins flashed bullish this week, but the perpetual contracts funding rate and Tether premium reflect a lack of confidence from traders.

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How is Polygon planning to spend its $450 million venture money?

This week, Ethereum layer 2 platform Polygon announced it had raised $450 million in a funding round led by Sequoia Capital India. The post How is Polygon planning to spend its $450 million venture money? appeared first on CryptoSlate.

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Solana (SOL) rallies amidst Phantom’s $109M funding round

The price of Solana (SOL/USD) has been on a bullish trend this week. The uptrend comes as the cryptocurrency market attempts a recovery. Over the past week, SOL’s price has gained by around 14.

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Terra Recovers As It Posts 10% Gain In The Last 24 Hours

The price of Terra has been choppy in the past few days despite the broader market regaining back it’s strength slowly. In the last week, the coin plunged by almost 30%. Related Reading | Bitcoin Funding Rates Remain Negative For More Than A Week At press time, LUNA was priced at $50.

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Bitcoin Funding Rates Remain Negative For More Than A Week

On-chain data shows the Bitcoin funding rates have mostly remained negative for more than a week now. If past trend is anything to go by, this may mean that a bottom could be near. Bitcoin Funding Rates Have Now Remained Mostly Negative For More Than Seven Days As pointed out by an analyst in a CryptoQuant post, the Bitcoin funding rates have been negative in the past week for the most part.

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FTX exchange breaks $32B valuation despite crypto winter fears

FTX raised $400 million funding shortly after its U.S.-based sister firm raised the same amount last week.

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This Week in DeFi – January 28

To the DeFi community, This week, SuperDAO raised $10.5 million in a seed funding round, aiming to make it ‘absurdly […] The post This Week in DeFi – January 28 appeared first on DeFi Rate.

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Chingari token, $GARI, becomes the first crypto to list on six top exchanges at a go

Following a successful Series A funding round earlier in the week, Chingari, India’s top video-sharing app, $GARI, its native token has been listed on six top exchanges. Announced Monday, $GARI will be listed on Huobi Global, FTX, KuCoin, Gate io, OKEx, and MEXC Global, which have reported over $12 billion in combined daily trading volume.  […]

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As Solana ecosystem expands, co-founders tackle VC funding criticism

At press time, Solana was the fifth biggest blockchain by market cap, and changing hands at $180.84. The alt rose by 2.86% in 24 hours, but has also been seeing growth for the past week. In fact, it The post As Solana ecosystem expands, co-founders tackle VC funding criticism appeared first on AMBCrypto.

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Bitcoin Company NYDIG Raises $1 Billion in Latest Funding Round at a Valuation of $7B

Bitcoin financial services company NYDIG announced this week that it had raised $1 billion in its latest funding round led by VC firm WestCap at a valuation of more than $7 billion. Existing investors Bessemer Venture Partners, Morgan Stanley, New York Life, Mass Mutual, FIS, Fiserv, and Affirm holdings also participated in the round.

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This Week in DeFi – December 3

To the DeFi community, This week, 1inch announced closing a $175 million Series B funding round, led by Amber Group. […] The post This Week in DeFi – December 3 appeared first on DeFi Rate.

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Deloitte Forms Strategic Alliance With Avalanche Blockchain

Data can only move as fast as the tool that is powering it. This week, an announcement from Deloitte and Ava Labs looks to streamline federal emergency funding applications. Deloitte will be leveraging the Avalanche blockchain “to help state and local governments easily demonstrate their eligibility for federal emergency funding.

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Untamed Isles combines your classic RPGs with a gaming experience for today’s world

Since its Kickstarter campaign began in late August, the soon-to-launch monster taming game met its funding goal in just over a week and has since exceeded it by over 400 percent. There is no shortageThe post Untamed Isles combines your classic RPGs with a gaming experience for today’s world appeared first on AMBCrypto.

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Bitcoin Stages Sudden Recovery as Funding Turns Positive

Bitcoin trading has become extremely volatile in the middle of the week

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New $263 Million Funding Round Sees BitPanda’s Valuation Rise to $4.1 Billion

BitPanda, one of the largest crypto exchanges in the world, has announced the completion of its Series C funding round. The Vienna-based exchange confirmed the news earlier this week, with a CNBC report confirming that it had raised $263 million.

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This Week in DeFi – July 9

To the DeFi community, This week, popular DeFi tracking platform Zerion closed a series A funding round for $8.2 million, […] The post This Week in DeFi – July 9 appeared first on DeFi Rate.

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Blockchain infrastucture platform PARSIQ secures $3M in Series A funding round

PARSIQ, a blockchain infrastructure platform, announced earlier this week it has closed its $3 million Series A funding round. The round was backed by the Solana Foundation and Axia8 Ventures. In addition, participation came from Mindworks VC, Krypital Group, CoinUnited, Transfero Swiss, Elevate Ventures, Sanctum Ventures, and others.

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Top-rated British Crypto Exchange Secures Funding for ‘CoinBase for NFTs’ Platform

The institutional, retail and financial interest in the emerging market of NFTs has caused a $2 million alliance set to disrupt the digital art market to emerge, confirmed UK cryptocurrency broker CoinBurp this week.

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Bitcoin Aims for $62k and Ether Breaks Out into a New ATH as the Market Readies for Coinbase Listing

Funding rates are soaring as market sentiments get bullish ahead of Coinbase’s historic listing on Wednesday next week. Exchange tokens like FTT and BNB are enjoying this by hitting new highs every other day.

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Bitcoin Investment Firm NYDIG Raises Additional $100 Million

Crypto investment provider NYDIG raised an additional $100 million in growth capital earlier this week. The new funding round featured MassMutual, Stone Ridge Holdings, New York Life, and Liberty Mutual Insurance, among others as strategic partners.

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This Week in DeFi – April 9

To the DeFi community, This week, Chainswap raised $3 million in a funding round led by Alameda Research and the […] The post This Week in DeFi – April 9 appeared first on DeFi Rate.

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Bitcoin Optech #140: Rescuing Lightning Transactions

This week’s Bitcoin Optech newsletter describes discussion on rescuing lost Lightning Network funding transactions, announcements of releases and release candidates, and notable changes to popular Bitcoin infrastructure software.

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Here's the whole story behind Bitcoin's funding rate

Bitcoin touched yet another milestone this week, with the cryptocurrency going past the price level of $50,000 and later, $52,000. In fact, right now, the narrative of "It is closer to $100,000 than $The post Here's the whole story behind Bitcoin's funding rate appeared first on AMBCrypto.

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Bitcoin Is Heating Up; Funding Rate on Perpetual Contracts Has Finally Popped

Bitcoin has gained more than 70% since October; today, some it broke above $19k after taking a rest since breaking the $18,000 level last week. But it’s to be seen if $20k is coming soon. It has been just this year in March, during the global sell-off, that Bitcoin went down to $3,800, and this […] The post Bitcoin Is Heating Up; Funding Rate on Perpetual Contracts Has Finally Popped first appeared on BitcoinExchangeGuide.

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Ethereum Funding Rates Flip Neutral as Rally Kicks Off; Next Stop $710?

Ethereum has been flashing some immense signs of strength throughout the past few days, with it starting to gain ground against Bitcoin Much of this strength came about following the cryptocurrency’s push past $500 earlier this week In the time since, it has been growing strong and is now positioned to make a move higher One analyst is noting that it is currently nearing the last key resistance level before it reaches significantly higher price […]

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PayPal Is Introducing “Crypto Gambling” To Its Customers, Rants Bitcoin Basher Nouriel Roubini

Last week, PayPal rocked the crypto world with the announcement that it’ll be making a couple of selected cryptocurrencies a funding source for purchases at its 26 million merchants across the globe.

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Are Derivatives Overheated? Bitcoin Funding Rates Begin Inching Up

Bitcoin has undergone a strong rally higher over the past week, reaching highs of $13,250. Looking at derivatives trends, one analyst recently postulated that Bitcoin’s price action may be overheated.

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Prepping for an Airdrop: Prominent BCH Community Members Bid Bitcoin ABC Devs Farewell 

On August 18, 2020, the Bitcoin ABC development team announced a “feature freeze,” which will include a new Infrastructure Funding Plan (IFP) and a week later explained it was also initiating a “governance council.

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Bitcoin Is in “Do or Die” Territory After $500 Correction: Here’s Why

Bitcoin has embarked on a strong correction over the past 24 hours. After peaking at $11,850 earlier this week, the asset slipped as low as $11,150 on Tuesday as selling mounted on spot exchanges, evidenced by a negative predicted funding rate with OKEx’ BTC perpetual futures market.

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Here’s Why Bitcoin May Soon See a Sharp “Downside Flush” Despite Stability

Bitcoin has found some strong stability within the lower-$12,000 region following yesterday’s upswing Analysts are widely confident that it is currently caught within the early stages of its next bull run, which may ultimately lead it up towards its all-time highs Despite getting closer to these highs each week, there may still be some turbulence ahead for the cryptocurrency One analyst is noting that high funding rates for BTC on margin trading platform spell trouble […]

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Data analyst: Bitcoin funding rates could spell trouble for near-term outlook

It has been a turbulent week for Bitcoin.

The post Data analyst: Bitcoin funding rates could spell trouble for near-term outlook appeared first on CryptoSlate.

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As Bitcoin Pushes $11,500 Top, Funding Rates Drop: Why This Is Bullish

Earlier this week, Bitcoin topped out at $11,500 — a historically important price point. The leading cryptocurrency proceeded to drop by approximately 7% to $10,600 in the 24 hours that followed the high.

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Textbook Wyckoff Analysis Shows Bitcoin Is About to See a Brutal Drop to $7,000s

Since plunging as low as $8,600 earlier this week, Bitcoin has mounted a strong comeback that took prices as high as $9,900 on June 4th and 5th. The more than 10% bounce has convinced many traders of the bull case, hence why funding on futures exchanges remains positive, showing longs are more aggressive than shorts....

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Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

Ethereum has been severely underperforming Bitcoin in recent times, but this appears to be shifting as the cryptocurrency posts a breakout rally while BTC declines This uptrend has come about as long positions for the cryptocurrency rocket higher, reaching a fresh all-time high this week In tandem with this, ETH’s funding rate has also grown massively – which is typically a grave sign that a torrent of liquidations is imminent Ethereum has been able to […]

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Donate to Help Fight COVID-19 With CoinDesk and NY Blockchain Week

During Consensus: Distributed, CoinDesk is raising money for COVID-19 relief using an innovative method called quadratic funding.

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Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support

During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of crypto participants are focused on the market carnage and the possibility of a global recession.

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Bitcoin Funding Rate Hits 0.12% on BitMEX: BTC Historically Fell 7% Afterwards

Over the past week, Bitcoin (BTC) has found itself in a steep rise higher, rallying from $9,100 to as high as $9,850 — a gain of 8.2% — in the span of four days. Although this sort of price action isn’t abnormal for the leading cryptocurrency, it has been underscored by a growing sense of... The post appeared first on NewsBTC.

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BCH Community Leaders Bitcoin.com and Jonald Fyookball Clarify Positions on Funding Proposal

Since Btc. top founder Jiang Zhuoer revealed an infrastructure funding proposal from five major mining pools last week, which would fund BCH devs via redirection of 12. 5% of BCH coinbase rewards, the Bitcoin Cash community has been understandably bustling with debate, discussion, and suggestions.

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Crypto market forecast: 23rd December

It was a mixed trading week in the crypto markets with BTC enjoying healthy gains against a red week of trading in the altcoin markets. In wider crypto news, Blockchain financial services giant Ripple announced a successful series C funding round of US$200 million, putting the valuation of the company at US$10 billion.

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Crypto Hits the Big Time After Coinbase CEO Makes Rising Star List

Coinbase CEO Brian Armstrong has been honored by Time magazine in the inaugural TIME 100 Next list. Four crypto and blockchain startups appeared in the 2019 CNBC Upstart 100. Startups featured on the CNBC list must have raised $50 million or less in VC funding.

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Stellar (XLM) support added to crypto data platform Amberdata

Amberdata, a blockchain and crypto-asset data platform, has announced the integration of Stellar (XLM). This comes with the Amberdata team fresh off of receiving an undisclosed amount of funding from several VCs last week.

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Korea Internet Security Agency Announces 2020 Blockchain Startup Funding Plan of $9 Million

The Korean Web Safety Company, KISA, has announced that it will support various blockchain-focused projects in 2020, with 10.5 billion won (which is approximately $9 million) in funding. The details of the plan were announced by KISA in a meeting last week held in Seoul. The 2020 funding plan marks the 3rd year of such […]

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Fed Goes Crazy, Will Continue to Pump Billions Every Day till Oct 14

The New York Federal Reserve will continue its overnight repurchase (repo) operations through October as its attempt to soothe market instability from earlier this week. Short term rates spiked as much as 10% overnight Monday amidst a shortfall in funding.

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Nexxus Rewards ICO

Nexxus Rewards Has Real Utility to Deliver Real Profits While Lifting Local Communities. Nexxus Rewards is a production-ready community cooperative solution that creates real utility buyer demand for cryptocurrency to produce real profits for token sale purchasers.

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The UK Is Quietly Preparing To Chase Unpaid Crypto Taxes

The British Government has requested that cryptocurrency exchanges hand over user identity data and transaction histories. HMRC, the U. K. tax authority, is expected to pursue unpaid tax revenues from the past three to four years.

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Who’s responsible for domestic abuse witnessed by online tutors?

In a piece co-published by Wired and EdSurge last week, Emily Tate detailed a troubling facet of the burgeoning online video teaching industry. According to US-based English tutors she spoke with, some of their young students in China were being beaten and scolded by their parents for making mistakes during these lessons – on camera.

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Local BCH Venue Opens and Community Goal Nears in the Weekly Update From Bitcoin.com

A new local bitcoin cash venue opens for trading worldwide and the community is nearing a funding goal milestone for BCH developers. Watch these and other developments discussed in this week’s video update on Bitcoin.

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Community Funding and Bringing Smart Contracts to BCH in the Weekly Update From Bitcoin.com

The Bitcoin Cash community is working to raise funding for developers and a new programming language is bringing smart contract functionality to BCH. Watch these and other developments discussed in this week’s video update on Bitcoin.

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Women’s fertility app secretly took $1.79M in funding from anti-abortion campaigners

Ever since the rise of femtech, period tracking apps have vowed to make women’s health easier to control and understand. But lately we’ve seen data and privacy breaches, worrying stats about “success” rates, and questionable marketing strategies.

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