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Market News

Decentralized Liquidity Underwriter KUU Partners With BENQI To Scale DeFi on Avalanche

  • Post author:Auto News Feed
  • Post published:July 2, 2021
  • Post category:Market News

July 1, 2021 – New York, New York Avalanche-based lending and borrowing protocol BENQI, and KUU, a decentralized liquidity underwriter for the Avalanche DeFi ecosystem, have announced a partnership to…

Continue ReadingDecentralized Liquidity Underwriter KUU Partners With BENQI To Scale DeFi on Avalanche

Bitcoin Is Ripe for a Reversal, Says On-Chain Analyst Will Clemente – Here’s When

  • Post author:Auto News Feed
  • Post published:July 2, 2021
  • Post category:Market News

Several metrics indicate Bitcoin is ripe for a reversal, according to on-chain crypto analyst Will Clemente. Clemente tells his 126,400 Twitter followers that Bitcoin Perpetual Futures funding has been negative…

Continue ReadingBitcoin Is Ripe for a Reversal, Says On-Chain Analyst Will Clemente – Here’s When
Read more about the article Robinhood Reveals $11.6 Billion in Crypto Holdings Ahead of Landmark IPO

Robinhood Reveals $11.6 Billion in Crypto Holdings Ahead of Landmark IPO

  • Post author:Auto News Feed
  • Post published:July 1, 2021
  • Post category:Market News

The pandemic boom in meme stocks and crypto helped Robinhood pull in $7.5 million in profits on $959 million in revenue for 2020 , according to its S-1 filing with…

Continue ReadingRobinhood Reveals $11.6 Billion in Crypto Holdings Ahead of Landmark IPO
Read more about the article NFT Gaming ‘Unicorn’ Animoca Raises Another $50M From Coinbase, Others

NFT Gaming ‘Unicorn’ Animoca Raises Another $50M From Coinbase, Others

  • Post author:Auto News Feed
  • Post published:July 1, 2021
  • Post category:Market News

Animoca Brands’ $88.88 million fundraising round in May turned some heads, as it valued the crypto gaming firm at $1 billion—but today the company revealed that it has boosted that…

Continue ReadingNFT Gaming ‘Unicorn’ Animoca Raises Another $50M From Coinbase, Others
Read more about the article DeFi Tokens MKR, COMP and AAVE Pump as Crypto Market Slumbers

DeFi Tokens MKR, COMP and AAVE Pump as Crypto Market Slumbers

  • Post author:Auto News Feed
  • Post published:July 1, 2021
  • Post category:Market News

As the cryptocurrency market largely continues to remain in stasis, some decentralized finance (DeFi) tokens—such as Maker (MKR), Compound (COMP), and Aave (AAVE)—broke the mold today and are seeing noticeable…

Continue ReadingDeFi Tokens MKR, COMP and AAVE Pump as Crypto Market Slumbers
Read more about the article NBA’s Spencer Dinwiddie Raises $7.5 Million for Crypto Social Token App

NBA’s Spencer Dinwiddie Raises $7.5 Million for Crypto Social Token App

  • Post author:Auto News Feed
  • Post published:July 1, 2021
  • Post category:Market News

Brooklyn Nets player Spencer Dinwiddie has been one of the most outspoken advocates for Bitcoin and cryptocurrency in professional sports, even selling tokenized shares of his NBA contract in 2020.…

Continue ReadingNBA’s Spencer Dinwiddie Raises $7.5 Million for Crypto Social Token App
Read more about the article Bitcoin Mining Difficulty Set to Plummet Following China’s Crackdown

Bitcoin Mining Difficulty Set to Plummet Following China’s Crackdown

  • Post author:Auto News Feed
  • Post published:July 1, 2021
  • Post category:Market News

The difficulty of Bitcoin mining is slated to drop by a hefty 27% following the massive exodus of Chinese mining pools, according to the Bitcoin Difficulty Estimator. As the name…

Continue ReadingBitcoin Mining Difficulty Set to Plummet Following China’s Crackdown
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