Ark Invest, Cathie Wood’s investment vehicle, reportedly sold more than 400,000 shares. As of January 5th, it was reported that Silvergate Bank had lost $718 million. Moody’s downgrade and Ark Invest selling off of Silvergate Bank’s shares indicate deteriorating conditions at the financial institution. There was a run on the bank and it has been […]
Top Layer-1 Protocol’s Avalanche And Polygon Survive FTX Tidal Wave, Orbeon Protocol See Price Surge 805%
The post Top Layer-1 Protocol’s Avalanche And Polygon Survive FTX Tidal Wave, Orbeon Protocol See Price Surge 805% appeared first on Coinpedia Fintech News The downfall of FTX, one of the leading cryptocurrency exchanges in the world, created a domino effect that left almost every cryptocurrency in the red zone. The FTX tidal wave also […]
Dash 2 Trade Raises $14 Million – Just Days Left Before Presale Ends & IEO
Dash 2 Trade is a new crypto analytics platform that has been holding one of the biggest crypto presales in recent memory. Having sold out and raised $14m, it’s launched an overfunding round to give investors a last chance to buy tokens ahead of its imminent listing on tier 1 exchanges like Gate.io. Crypto analytics […]
Web3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023
Animoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help for already established blockchain projects. The number is significantly lower than the $2 billion the company announced back in November as an upper limit for this same fund. Animoca Brands Announces […]
Jim Cramer explains Silvergate’s failure on Mad Money
Shares are down by more than 90% from their all-time high in November 2021 Silvergate is a “great example of everything that’s wrong with this industry” They were working on a MMF, the most dangerous link in the crypto chain Jim Cramer talked about why Silvergate is a ‘pivotal’ part of the crypto ecosystem […]
Micheal van de Poppe Maps Bullish Targets for Bitcoin & Litecoin While Ethereum Remains Sceptical!
The post <strong>Micheal van de Poppe Maps Bullish Targets for Bitcoin & Litecoin While Ethereum Remains Sceptical!</strong> appeared first on Coinpedia Fintech News The crypto markets that have slumped hard appear to be gearing up significantly for the upswing which could be approaching very fast. The global market capitalization which had declined below $800 billion […]
Cosmos [ATOM] short traders stand to gain if BTC plies at this level
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ATOM was in a price correction that could extend to $9.661. A move beyond $10.221 would invalidate the bearish forecast. Cosmos [ATOM] rallied from mid-December 2022 to early January 2023, rising from $8.5 to […]
PancakeSwap (CAKE) Trading Volume Rises After v2 Update is Announced, Orbeon Protocol (ORBN) and Popsicle Finance (ICE) see Massive Price Action
PancakeSwap (CAKE) trading volume has risen in December thanks to the announcement of v2, which will make PanecakeSwap interoperable and allow users to earn CAKE and other tokens via yield farming and providing liquidity. Popsicle Finance (ICE) surged almost 300% as the project announced that Danielle Sestagalli, founder of Wonderland and Abracadabra, would be back, […]
The Goobers NFT founder and Twitch streamer DNP3 admits to gambling investor funds
Projects affiliated with DNP3 tumbled following the announcements, with The Goopers Project losing market capitalization while CluCoin’s suffered over 10% loss in less than 24 hours. […] Read More… The post The Goobers NFT founder and Twitch streamer DNP3 admits to gambling investor funds appeared first on CoinGeek.
Former CEO Of Celsius Network Sued For Defrauding Investors Out Of Billions
The post Former CEO Of Celsius Network Sued For Defrauding Investors Out Of Billions appeared first on Coinpedia Fintech News New York Attorney General Letitia James filed a lawsuit against Alex Mashinsky, former CEO of the bankrupt crypto lending platform Celsius Network, for defrauding investors – including 26,00 people from NY – out of billions […]