Hurry Crypton

2023-10-03 12:40:59 MicroStrategy acquired an additional 467 BTC for $14.4 million and now holds 152,800 BTC. Open / Comment

2023-10-02 15:01:59 Ex-Goldman Sachs banker launches crypto app after $33M raise.

Adam Dell, brother of the billionaire Michael Dell, has pinched an impressive team to help get the project started.

The former Head of Product for “Marcus by Goldman Sachs” has launched a crypto investing app, “Domain Money,” raising $33 million from investors on Jan 25.

Adam Dell, brother of Dell computers tycoon Michael, assembled a team of 25 former staff members from Goldman Sachs. Other staffers are leaving their roles at Bridgewater Associates, Morgan Stanley, Coinbase Global Inc. and BlockFi. Former Goldman Sachs CTO Elisha Wiesel, and Christopher Giancarlo, thformer Chairman of the Commodities Futures Trading Commission have also been tapped to join the project.

The app is targeted at retail users, who will be charged an annual management fee of 1% for actively managed and curated investment plans. The app features real-time market intelligence, live customer agents as well as social sentiment analysis.

Gemini will facilitate the app’s crypto trading feature, and Apex Clearing will provide securities trading and custody.

Investors in the project include venture capital firm Bessemer Ventures and Marc Benioff, who is the co-founder of SalesforceInc. Also Maveron, RRE Ventures, SV Angel and Joe Lonsdale

"Investors are looking for access to diverse asset classes, along with security, transparency, and the power to be in control of their finances," said Dell in a Jan 25 announcement, adding that his mission is to grow his customers’ wealth.

“We developed Domain Money to provide investors a sophisticated, intuitive, and holistic platform to invest in crypto, not as a novelty, but as a core component of their portfolios." Open / Comment

2023-10-01 14:13:00 Alibaba Cloud and NEAR Foundation Empower Web3 Growth in Asia through Strategic Alliance. Open / Comment

2023-09-30 14:54:00 ARB has broke through the Falling Wedge and now re-testing the broken resistance!

The support must hold. Open / Comment

2023-09-29 15:33:01 Cardano (ADA) Among Celsius' Sell-off List: What to Expect?

Celsius, a notable player in the cryptocurrency lending and borrowing sector, has recently publicized its decision to liquidate its customers' altcoin holdings. The divestment will commence on July 1, sparing only Custody and Withhold accounts. This development is particularly significant given that Cardano (ADA), Polygon (MATIC) and Solana (SOL) constitute the largest portion of the platform's altcoin reserves.

Cardano has been hailed as a transformative force within the blockchain realm. However, the announcement arrives on the back of a disappointing price performance by ADA and SOL, both having experienced an approximately 30% devaluation in recent days.

Celsius will be selling all altcoins from all customers (except Custody and Withhold accounts) starting July 1st and will be converting them into Bitcoin and Ethereum.

— Celsians (CelsiansNetwork) June 15, 2023
The decision has provoked a wave of discontent within the cryptocurrency community, with critics accusing Celsius of potential market manipulation and a failure to uphold its fiduciary duties. The primary concern is that other market participants might capitalize on this publicized sell-off by "front-running" — selling these coins before Celsius can execute its planned liquidations, thus triggering a further decline in prices.

The potential ramifications of Celsius' divestment are substantial. Large-scale liquidations can exert significant downward pressure on the prices of the targeted altcoins. This development could, in turn, trigger a cascade effect, compelling altcoin holders across various platforms to sell their assets in anticipation of further depreciation.

Conversely, for investors with a bullish long-term outlook on these altcoins, the sell-off might present a compelling buying opportunity. As prices decrease, the potential for future returns grows proportionally for investors with the fortitude to buy these assets at a discount. Open / Comment

2023-09-28 16:05:09 ​Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process

Lido, the largest decentralized finance (DeFi) protocol by total value locked, unveiled plans during its Node Operator Community Call #5 to release a non-fungible token (NFT) representing a user’s withdrawal request amount as part of the process of unstaking their ether (ETH). These withdrawals will be enabled after the Ethereum blockchain undergoes its next major upgrade.

Ether withdrawals on Lido, where users can unstake their stETH and receive ETH at a 1:1 ratio, will have two steps: request and claim, according to Mariya Muzyko, product manager at Lido, during the call Tuesday afternoon. Once a user requests a withdrawal, they will receive a Lido-issued NFT representing their withdrawal request.

The user can then use the NFT to claim their ETH rewards. The NFT is burned after the user redeems and claims their ETH. Lido was the first to provide access to liquidity to ETH holders who wanted to stake their tokens by issuing a derivative token, stETH. Open / Comment

2023-09-27 14:04:00 Meanwhile, AZERO reached the first target and printed +25% profit so far!

Moved stop loss to the entry zone. Open / Comment

2023-09-26 16:39:06 Crypto ETFs Set to Revolutionize Investment Landscape, Bernstein Analysts Says. Open / Comment

2023-09-25 13:25:12 Blockchain Startup Story Protocol Secures $54 Million Funding Led by Andreessen Horowitz

Story Protocol, a startup that uses blockchain tech to track intellectual property (IP), has secured more than $54 million in funding driven by venture capital giant Andreessen Horowitz (a16z) crypto.

The open-source platform was launched Wednesday and aims to “democratize” IP creation through a worldwide extensible IP vault, a company release noted. Put simply, Story Protocol would simplify the process associated with maintaining IP and address creators’ concerns, particularly around the recent rise in generative AI (artificial intelligence).

“In a world of total abundance catalyzed by generative AI, blockchain technology presents the perfect solution for transparent provenance tracking and fair attribution,” Story Protocol Co-Founder Seung Yoon Lee said in a press release.

Lee noted that the company aims to create a “new era of entrepreneurial creators” by helping existing IP holders to engage audiences and advance their IP.

Furthermore, the platform’s framework manages the entire lifecycle of intellectual property development by enabling features including provenance tracking, licensing and revenue sharing.

The company’s vision is to create, govern, and license intellectual property on-chain, forming an ecosystem of story legos that can be remixed and composed. This approach enables creators to build narrative stories with ownership and incentives. Open / Comment

2023-09-24 13:57:02 SEC acknowledges Fidelity, VanEck, WisdomTree, and Invesco Spot Bitcoin ETF applications

On July 14, the Securities and Exchange Commission (SEC) acknowledged the spot Bitcoin ETF applications submitted by Fidelity, VanEck, WisdomTree, and Invesco.

This acknowledgment, published on the SEC's website, represents a significant milestone in the cryptocurrency industry's pursuit of spot Bitcoin Exchange Traded Fund (ETF) approval.

Furthermore, similar acknowledgments were reported today for BlackRock, while companies like ARK Investment and BitWise had received acknowledgments from the regulator before that.

It's important to understand that this acknowledgment only guarantees the immediate approval or rejection of the applications.

However, it does signify progress in the application process and a positive step forward. The SEC will now enter a period of deliberation, which is estimated to last around 240 days.

During this time, the regulatory body holds the authority to make decisions on the funds, including approving, denying, or postponing a decision, as suggested by analysts. Open / Comment