MoonPay a crypto payment firm valued at $3.4 billion after first funding round
MoonPay, a cryptocurrency payment firm, is expected to attain a valuation of $3.4 billion following its first investment round, according to The Information. Tiger Global Management and Coatue Management were the co-lead investors in the $400 million financing round. In the context of a three-year-old business, the company’s worth is astronomical. Using MoonPay , individuals […]
Hedge fund Millennium reminds employees to declare cryptocurrency holdings
To avoid any legal repercussions, Millennium Management has urged its workers to disclose any personal cryptocurrency holdings to the firm’s compliance staff. The action is the latest evidence that cryptocurrency has emerged as a subject of discussion — as well as a potential investment — among Wall Street’s most powerful figures. According to a person […]
What investors should know about Solana, Serum’s short and long-term growth
Not all of the market’s alts have been able to benefit from the recent Bitcoin and Ethereum price increases. Solana and Serum are two obvious examples of such alternates. Both Solana and Serum have had a bad week, losing 8% and 14% respectively in the last seven days. Both of these alts had big rallies […]
Is Cardano’s “tree plan” capable of reviving its price and performance?
Cardano has just joined the bandwagon of blockchains with smart contracts. Since then, the price has gone through numerous ups and downs, but it is currently stagnant. Cardano has launched a new initiative in attempt to kickstart the price movement. Will it, however, work in the long run? Why hasn’t Cardano moved? From the end […]
El Salvador’s president discloses what the country would use its Bitcoin profit for
El Salvador plans to invest its Bitcoin revenues in a large animal hospital. If you didn’t like how Nayib Bukele implemented his Bitcoin policy in El Salvador, perhaps his latest acts will persuade you otherwise, or at the very least convince you that he wants to be adorable. El Salvador’s president said that the earnings […]