Crypto Planet

2022-07-24 18:00:01 Hashflow raised $25 million from Coinbase and Kraken

Decentralized trading platform Hashflow has closed a $25 million Series A funding round, valuing the company at $400 million.

Coinbase Ventures, Kraken Ventures, Electric Capital, Dragonfly Capital Partners, LedgerPrime, Jump Crypto, Wintermute Trading, GSR, Kronos Research, Altonomy, Fabric Ventures, Evernew Capital and others participated in the investment round.

The funds raised will be used to "continue scaling regardless of market conditions."

Founded in 2021, Hasfhlow plans to launch on Solana blockchain and offer structured products by the end of 2022. Открыть/Комментировать

2022-07-24 13:00:01 Star Atlas announces DAO and Marketplace

The Solana-based Star Atlas metagame universe has announced the launch of Star Atlas DAO. The platform will offer a decentralized management organization (DAO) system for in-game factions and its own digital marketplace.

The DAO platform will use the Star Atlas POLIS governance token so that participants can participate in decision-making processes. The DAO vote escrow model is designed to support community members participating in the development of the Star Atlas ecosystem. The company has announced a POLIS cryptocurrency freeze mode, through which holders will be able to lock in assets for up to 5 years. Открыть/Комментировать

2022-07-24 10:00:02 BeInCrypto editorial staff compiled the top list of altcoins, which showed the maximum growth during the week of July 15-24

In addition to ETC, the list of these altcoins includes:

Lido DAO (LDO): 77,13%
Ethereum Classic (ETC): 75,76%
Bitcoin Gold (BTG): 44,46%
Apecoin (APE): 42,24%
Ethereum (ETH): 32,04% Открыть/Комментировать

2022-07-23 18:00:02 Bitcoin (BTC) has recovered above the $23,000 mark, continuing to build on growth

Bitcoin (BTC) has made a bullish breakout of short- and long-term resistance lines and may soon accelerate the pace of growth towards the next closest resistance around $30,000.

In addition, the daily RSI also supports continued growth. It broke above the 50 mark and is moving along the upside support line (green line). Открыть/Комментировать

2022-07-23 13:00:01 Top blockchains by total funds blocked in July 2022

The current crypto winter was the 1st for the young DeFi sector. According to the classics of the genre, decentralized application tokens have been hit hardest by the market decline. During Q2 2022, AAVE, UNI, CRV and other DeFi cryptocurrencies fell by an average of 70%. By comparison, Bitcoin lost only 55% of its price.

Many investors lost capital in the liquidation of credit deals. As a result, the volume of blocked assets in DeFi protocols fell sharply. In the first 6 months of 2022, total TVL tripled (from $274.86 billion in January to $84.66 billion in July). Открыть/Комментировать

2022-07-23 10:00:02 The value of the cryptocurrency Ethereum (ETH) rose sharply by 8.6% in less than 24 hours

The market capitalization of the virtual currency came as close as possible to the key mark of $200 billion, stopping at $199.39 billion. Traders carried out transactions worth $20.37 billion in the past 24 hours.

At the same time, the entire cryptocurrency market also significantly increased in its value during the last day. The total supply of all assets rose 3.78% to $1.11 trillion.

The flagship cryptocurrency Bitcoin didn't show the best result, having risen only by 2.17% over the past 24 hours. The value of the digital coin - $23,469, and market capitalization - $447.92 billion. Total trading volume for 24 hours was $34.74 billion. Открыть/Комментировать

2022-07-22 18:00:02 The worst cryptocurrencies of the day

Lido DAO, which has been growing rapidly in price in recent weeks, showed the worst result for 24 hours. Against the background of the global market decline, the value of the virtual asset LDO decreased by 14.91% overnight, falling to the value of $1.48. The total supply of tokens amounted to $462.02 million, and daily trading volumes were equal to $114.62 million.

TerraClassicUSD took 2nd place in the ranking of losing cryptocurrencies. The USTC token fell in price to $0.038, down 12.03% from a day ago. Market capitalization fell to $374.5 million, while trading volumes were fixed at $21.18 million.

The 3rd position in the ranking of losers of the day went to Waves. The native token of the WAVES project became cheaper at once by 10.49%, falling to a price value of $5.53. The total supply on the market amounted to $602.27 million, while the trading volume was $407.76 million. Открыть/Комментировать

2022-07-22 13:00:02 BlackRock lost a record $1.7 trillion in the 1st half of the year

New York-based BlackRock is almost constantly in the headlines. The U.S. multinational investment management corporation became the 1st firm to break the $10 trillion mark in assets under management. In retrospect, it is also the world's largest asset manager.

In 6 months, it lost the most significant amount of money ever lost by a single firm. According to reports, BlackRock lost $1.7 trillion in client funds in the first half of this year. Открыть/Комментировать

2022-07-22 10:00:03 What Tesla's 75% Bitcoin sale means for the market

Tesla's purchase of Bitcoins came to light in early February 2021. Information about the $1.5 billion acquisition of BTC appeared in the company's documents.

Many in the crypto community believe that Tesla sold Bitcoins in order to improve its Q2 2022 reporting numbers.

Gone is the threat of a cryptocurrency sell-off by the company. Everything has already happened. Now there is no threat of manipulation of the cryptocurrency market by Tesla.

The sale of a large volume of Bitcoins by the company was further proof of the cryptocurrency's high liquidity. According to Justin Sun, such qualities of BTC may attract other large investors to the coin. Открыть/Комментировать

2022-07-21 18:00:03 The U.S. has outlined a timeline for a bill to regulate cryptocurrencies

A bipartisan bill to regulate the crypto industry as a full-fledged document may be adopted in 2023. This was announced by U.S. Senator from Wyoming Cynthia Lummis at Bloomberg Crypto Summit.

According to her, some lawmakers will need more time to understand the topic. Открыть/Комментировать