Terra (LUNA) overtakes Solana (SOL) to become 6th largest cryptocurrency
Terra (LUNA), the eponymous blockchain’s native token overtakes Solana (SOL) to become the sixth-largest crypto token by market capitalization on Wednesday. LUNA also hit a new high as its DeFi adoption surged. LUNA rose as much as 5%, briefly reaching a record high of $119.10, with its market capitalization standing at $41.3 billion. Binance’s recent […]
Bitcoin Set to outperform NASDAQ 100- Bloomberg
Bitcoin is on the verge of becoming a global collateral Bloomberg analyst Mike McGlone maintained. He has reiterated that Bitcoin’s persistent rise is due to its sustained buoyancy in the face of all the market-moving events. Bitcoin’s divergent strength in play vs Nasdaq 100 McGlone and Jamie Douglas Coutts, Bloomberg’s senior market structure analyst looked […]
Blockchain.com Signs Partnership Deal With Altis Partners
Blockchain.com, a crypto brokerage in collaboration with Altis Partners launched an asset management service for institutional and high-net-worth investors. Blockchain.com Asset Management (BCAM) is a crypto asset management platform developed in collaboration with Altis Partners, which will manage BCAM’s investments. “BCAM combines the very best of old-world financial markets with the new world of crypto, […]
Near Protocol Announces $350M Fund Raise
Near Protocol raised $350 million in a funding round led by hedge fund Tiger Global on Wednesday in order to “accelerate the decentralization of the NEAR ecosystem.” The company disclosed a $150 million funding round less than three months ago, and this round comes less than three months later. The price of the NEAR token […]
Sweden To Test E-Krona For Smart Payments
The Swedish Central Bank has announced its plans to test how new e-krona could stimulate smart payments, ‘which some believe are the future of money. The Riksbank declared tests to merge state-backed digital money into traditional banking systems success in a study released on Wednesday but said it was still looking into claims of the […]