Robinhood Reveals $11.6 Billion in Crypto Holdings Ahead of Landmark IPO
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…
NFT Gaming ‘Unicorn’ Animoca Raises Another $50M From Coinbase, Others
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…
DeFi Tokens MKR, COMP and AAVE Pump as Crypto Market Slumbers
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…
NBA’s Spencer Dinwiddie Raises $7.5 Million for Crypto Social Token App
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.…
Bitcoin Mining Difficulty Set to Plummet Following China’s Crackdown
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…
Germany’s New Law Means 4,000 ‘Spezialfonds’ Can Now Invest In Bitcoin
Germany’s ‘Fund Locations Act’ came into force today, meaning that thousands of institutional investment funds will now be eligible to invest in Bitcoin and other crypto assets for the first…
Bitcoin Registers Worst Q2 Performance Since 2018
Bitcoin has registered its worst Q2 performance since 2018. Bitcoin’s price opened Q2 at $58,800, falling to its current price of $33,200. According to data from analytics website Skew, Bitcoin’s…
