Latest Market News
Binance's Recurring Buy feature is a tool for cryptocurrency investors who want to employ a dollar-cost averaging (DCA) strategy. Here's how to set up a Recurring Buy on Binance.
Minima, creators of an ultra-lean blockchain protocol designed to fit mobile or internet of things (IoT) devices, announced that it raised $6.5 million during its latest investment round. The funds will go towards the further development of Minima Mainnet, which is slated to launch in 2022.
Cryptocurrency investment products saw record inflows in the week ending October 22, according to a new report from crypto asset management firm CoinShares. In total, $1.47 billion worth of funds flowed into crypto investments products during the week.
Crypto-focused venture capital firm Sino Global Capital is launching a $200 million fund with backing from the FTX cryptocurrency exchange. While the fund will be open to investing in opportunities across the globe, one of the focal points for the fund will be the Indian market, which Sino Global Capital CEO Matthew Graham says is an “extremely important, yet idiosyncratic, market for crypto”.
Avalanche is a powerful tool for developers and consumers amid its incredible speed, negligible transaction fees, massive throughput, and eco-friendly Proof of Stake (POS) consensus system. That's why there are a number of new developments on its blockchain such as Pangolin, Avalaunch and NFTrade.
As we move through Q4, a number of projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
Cryptocurrency addiction is a behavioural problem that makes a person indulge in crypto trading and other such activities. A study reported that 9 out of 1000 people suffer from such addiction, 70 out of 1000 people trade with high risks and are on the verge of getting included in the former list.
Worldcoin, a project that aims to fairly distribute its cryptocurrency to as many as people as possible, has come out of stealth mode and announced a $25 million investment from backers like Andreessen Horowitz, Coinbase and Sam Bankman-Fried. The company says that it’s valued at $1 billion. The Worldcoin project has devised a unique way of distributing its cryptocurrency. Anyone who wants to claim the coin has to scan their iris with a device called the Orb to verify that they are a person and that they haven’t claimed any Worldcoin yet.
The FTX cryptocurrency exchange has raised $420 million in a Series B-1 round that values the company at a whopping $25 billion. The round included 69 different investors, which included the Ontario Teachers’ Pension Plan Board, Temasek, Sequoia Capital, and others.
Many of you are familiar with cryptocurrencies or virtual currencies. These are completely different from fiat currencies but do the same thing. Today, virtual currencies are commonly used in online casinos and due to a reason. They come with massive perks gamblers can get. Is this the future of gambling? Let’s find out.
