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…
Startups
Aptos Foundation Partners with The Ignition AI Accelerator to drive advancement of AI startups in APAC
New York, United States, September 20th, 2024, Chainwire The Ignition AI Accelerator, a collaborative initiative between NVIDIA, Tribe, and Digital Industry Singapore (DISG), today announced that Aptos Foundation has partnered with The Ignition AI Accelerator to drive growth and advancement of AI startups in Asia. This deepens Aptos Foundation’s work to connect its expertise and Aptos-related technology with artificial intelligence solutions that are expected to be the game changer for economies and businesses. With Aptos Foundation providing industry expertise and…
9 months ago
Crypto Funding In Startups Drop by 15% in August, Just Raised $943 Million
The post Crypto Funding In Startups Drop by 15% in August, Just Raised $943 Million appeared first on Coinpedia Fintech News CryptoRank recently reported that crypto startups managed to raise just under $1 billion in funding during August 2024. However, the total amount raised by crypto startups for the month was $943 million, marking a 15% decrease compared to July. This drop in investments can be linked to the ongoing bear market. Bitcoin, the leading cryptocurrency by market cap, has…
9 months ago
XinFin XDC Network and Foundership Inaugurate XDC 0xCamp Accelerator Program to Propel Global Web3 Startups
Singapore, Singapore, September 2nd, 2024, Chainwire XinFin XDC Network, an EVM-compatible Layer 1 blockchain, and Foundership, the leading global Web3 accelerator, have announced the kickstart of the 12-week XDC 0xCamp accelerator program. This initiative is designed to provide a transformative platform for 6 innovative startups selected from hundreds of applications worldwide. These startups will participate in a comprehensive 90-day Token Launch Ready program, aimed at accelerating their growth and success within the Web3 ecosystem. In addition to mainnet integration with…
9 months ago
Binance Lists 3 Altcoins to Expand Futures Trading, Invests in 4 Emerging Crypto Startups
Binance, the leading global crypto exchange, has expanded its trading portfolio by listing futures contracts for three altcoins – Popcat (POPCAT), Sun (SUN), and Alpaca Finance (ALPACA). This move diversifies trading options on Binance Futures. It has notably impacted the market prices of these altcoins. ALPACA Skyrockets Over 70% Following Binance Listing As of today, the ALPACA perpetual contract, which offers up to 75x leverage, began trading at 10:30 UTC. Subsequently, Binance introduced additional futures for POPCAT and SUN, scheduled…
10 months ago
Startups Soar with Surprising Web3 Funding
The venture capital landscape in the cryptocurrency space has undergone a remarkable transformation in recent years! As Web3 continues to gain traction, the funding mechanisms supporting these startups have evolved, creating a dynamic and competitive environment. In recent years, Web3 startups have secured significant funding, reflecting the growing interest and confidence in this space. Notable examples include Dapper Labs raising $250 million, OpenSea securing $300 million, and Polygon attracting $450 million through a private token sale. Additionally, Consensys obtained $450…
11 months ago
The Future of Crypto Payments for Startups
The emergence of Bitcoin has been among the most revolutionary events in the fast-changing financial industry in recent years. Integrating cryptocurrency payments has several advantages for firms that can significantly influence their expansion and competitive advantage. Looking ahead, cryptocurrency payments will become increasingly crucial to the startup environment. This article examines the benefits of cryptocurrency payments for businesses and how to incorporate them into company operations successfully. Cryptocurrencies have proliferated from the periphery of banking to the mainstream, promising decentralization,…
12 months ago
New Web3 in Travel Accelerator Program calls for Startups Worldwide
Zug, Switzerland, June 10th, 2024, Chainwire European Venture Capital and Web3 Companies join forces to found Tectris In an exciting development for the travel and hospitality sectors, ennea capital partners, Falkensteiner Ventures, Trips Community, Chain4Travel, and other key players have come together to launch Tectris. The program aims to nurture startups that are developing cutting-edge technologies in blockchain, cryptocurrency, and AI to transform the travel industry. As we move from the ‘read’ phase of Web1 and the ‘write’ phase of…
12 months ago
The Future of Crypto Startups: AZUR and Anguilla Tourism Board’s Collaborative Vision
The post The Future of Crypto Startups: AZUR and Anguilla Tourism Board’s Collaborative Vision appeared first on Coinpedia Fintech News Enter a new era of business innovation as AZUR, a leading Special Economic Zone (SEZ), and the Anguilla Tourism Board (ATB) unite forces to pioneer a transformative collaboration. This partnership promises to reshape the global business landscape, with a particular focus on the burgeoning crypto industry. As SEZs gain momentum as hubs of economic activity, and cryptocurrencies continue their ascent…
1 year ago
Venture Capital Interest in Bitcoin Startups Has Exploded: Research
Despite venture capital activity declining across the board, funding for Bitcoin startups more than quadrupled in 2023, according to a new report. Research from Trammell Venture Partners (TVP) shows that the number of Bitcoin-native pre-seed deals ballooned 360% last year, while the number of funded Bitcoin companies rose by 56.9%. VC Funding Explodes On Bitcoin As explained in TVP’s Friday report, a “Bitcoin native company” is a firm whose product’s success is mutually aligned with that of the Bitcoin network…
1 year ago