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Weekly News

Read more about the article Softbank leads $800M investment for banking app Revolut

Softbank leads $800M investment for banking app Revolut

  • Post author:admin
  • Post published:July 16, 2021
  • Post category:Weekly overview

Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm's CFO suggested that it was unlikely. Revolut, a major British banking app featuring…

Continue ReadingSoftbank leads $800M investment for banking app Revolut
Read more about the article Bitcoin may have played a role in Tesla’s decorrelation from Big Tech

Bitcoin may have played a role in Tesla’s decorrelation from Big Tech

  • Post author:admin
  • Post published:July 16, 2021
  • Post category:Weekly overview

The 20-day correlation between Tesla stocks and the Nasdaq 100 index has sharply dropped from 0.83 in mid-June to 0.14 as of this week. Market analysts are arguing that Tesla’s…

Continue ReadingBitcoin may have played a role in Tesla’s decorrelation from Big Tech
Read more about the article Indian high court seeks ad disclaimers from crypto exchanges

Indian high court seeks ad disclaimers from crypto exchanges

  • Post author:admin
  • Post published:July 16, 2021
  • Post category:Weekly overview

India’s Delhi High Court is looking to put a clear voiceover and a disclaimer covering 80% of the screen on crypto ads on national TV. Amid the ongoing regulatory uncertainty…

Continue ReadingIndian high court seeks ad disclaimers from crypto exchanges
Read more about the article New data hints why Bitcoin price action has spent two months at $30K

New data hints why Bitcoin price action has spent two months at $30K

  • Post author:admin
  • Post published:July 16, 2021
  • Post category:Weekly overview

Multiple factors demonstrate why $30,000 is so important for BTC/USD within an ongoing price “supercycle.” Bitcoin (BTC) has seen almost two months of rangebound price moves after hitting $30,000 —…

Continue ReadingNew data hints why Bitcoin price action has spent two months at $30K
Read more about the article NFT game creator flips Axie Infinity virtual land for 9,200% gain in one year

NFT game creator flips Axie Infinity virtual land for 9,200% gain in one year

  • Post author:admin
  • Post published:July 16, 2021
  • Post category:Weekly overview

Illuvium co-founder Kieran Warwick has sold a virtual land plot in Axie Infinity for $28,000 after purchasing it last year for $300. Kieran Warwick, the co-founder of forthcoming NFT-powered gaming…

Continue ReadingNFT game creator flips Axie Infinity virtual land for 9,200% gain in one year
Read more about the article Bondly Finance urges users to stop trading following alleged exploit

Bondly Finance urges users to stop trading following alleged exploit

  • Post author:admin
  • Post published:July 16, 2021
  • Post category:Weekly overview

The DeFi platform’s native token price dropped more than 60% following a compromise by an unknown party. Decentralized e-commerce platform Bondly Finance is the latest decentralized finance (DeFi) platform to…

Continue ReadingBondly Finance urges users to stop trading following alleged exploit
Read more about the article Fantasy soccer NFT platform Sorare reportedly closing in on $532M in funding

Fantasy soccer NFT platform Sorare reportedly closing in on $532M in funding

  • Post author:admin
  • Post published:July 16, 2021
  • Post category:Weekly overview

Sorare is reportedly closing in a half a billion dollar funding round with a valuation of at least $3.8 billion. Reports have surfaced that French NFT-based soccer trading card game…

Continue ReadingFantasy soccer NFT platform Sorare reportedly closing in on $532M in funding
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