Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
21M
Ex-Base Team Scores $21M with Pantera, Makers & Hashed to Level Up Onchain Gaming
New York, United States, July 22nd, 2024, Chainwire NPC Labs sets sights on bringing 3 billion gamers onchain and expanding blockchain use cases NPC Labs announces a US$18 million Seed Round led by Pantera Capital, totaling $21 million including Pre-Seed funding. The round also includes notable investors Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle EcoFund. NPC Labs aims to accelerate the onboarding and development of gaming onchain as a core contributor to B3.fun, a groundbreaking horizontally-scaled…
11 months ago
Bitcoin Layer-2 Platform Mezo Launches With $21M Series A Funding
Thesis, a venture studio building on the Bitcoin ecosystem, has announced the launch of its Bitcoin Layer-2 platform, Mezo. This platform allows Bitcoin holders to earn yield from their deposits. The announcement was made after Thesis secured a $21 million Series A funding led by Pantera. Bitcoin Layer-2 Mezo Launches The funding round also saw participation from Multicoin Capital, ParaFi Capital, Hack VC, Draper Associates, Nascent, Primitive Ventures, and Asymmetric Ventures. According to the company’s announcement, Mezo will help expand…
1 year ago
Ark Invest Offloads $21M in Coinbase Shares as COIN Price Surges
Ark Invest has sold 74,291 Coinbase shares, valued at $20.8 million, across three exchange-traded funds, per their latest trade filing on Monday. This sale comes following the firm’s sale of over $100 million worth of Coinbase shares last week when the price of COIN reached new yearly highs. Ark Invest Sells Coinbase Shares Ark Invest has sold shares from its ETFs: 57,652 from Innovation ETF (ARKK) worth $16.1M, 12,544 from Next Generation Internet ETF (ARKW) worth $3.5M, and 4,095 from…
1 year ago
The 21M Bitcoin Mystery – The Origins of Satoshi Nakamoto’s Supply Cap Decision
The Bitcoin Solution With the advent of Bitcoin came a newfound revolution - a revolution in distributed computing, decentralized organizations, and, most importantly, in the borderless medium of exchange. To many, Bitcoin represents a form of hope, a mechanism that would finally help the world get rid of centralized power and control. To others, Bitcoin was nothing more than an alternative for money. Satoshi Nakamoto, the pseudonym behind Bitcoin's creation, saw their invention as nothing more than an experiment. To…
5 years ago