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…
Funding Blockchain Projects
NFT Domains Platform Unstoppable Raises $65M Series A at $1B Valuation
Unstoppable Domains, the leading non-fungible token (NFT) domains platform, announced the closing of a $65 million Series A funding round at a valuation of $1 billion. The company said it will use the capital for developing new products and collaborations within the Web3.0 industry. It’s a big step for the platform, which saw prestigious investors joining this funding round. Among them were Pantera Capital, Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, and CoinGecko. Other big…
3 years ago
Latest Trends of Funding Cryptocurrency and Blockchain Projects
The current crypto and blockchain funding environment consist of initial Coin Offerings (ICOs), Initial Exchange Offerings (IEOs), and private funding rounds. In the last few years, the growing and maturing blockchain/crypto landscape have attracted private equity funds to the market. Numerous benefits provided by the emerging blockchain and crypto tech have incentivized businesses and individuals to explore and invest in it. 2017 was when cryptocurrencies, blockchain, and ICOs really began to take off, with most funding raised by blockchain companies…
5 years ago